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The Week’s 10 Biggest Funding Rounds: Metropolis Snags Big Round For Dealmaking, Electric Hydrogen Powers Up

Oct 06, 2023 - news.crunchbase.com
The article provides a list of the top 10 startup funding deals in the U.S. for the week of Sept. 30 to Oct. 6, 2023. Leading the list is Metropolis, a parking startup that uses computer vision, which raised $1.1 billion in debt and equity. Other notable deals include Electric Hydrogen, a green hydrogen company, which raised $380 million, and Headway, a mental health startup, which raised $125 million. The list also includes companies in the fields of biotech, artificial intelligence, space, defense, software, accounting, and electric vehicles.

The article also mentions some significant global deals, including a $231 million Series D funding round for Indonesia-based fintech startup Investree. The data is sourced from the Crunchbase database, which tracks the largest announced funding rounds raised by U.S.-based companies. The article concludes by promoting Crunchbase's prospecting solutions and daily updates on funding rounds and acquisitions.

Key takeaways:

  • Los Angeles-based startup Metropolis, which offers checkout-free parking through computer vision, raised the largest funding round of the week with $1.1 billion in debt and equity.
  • Electric Hydrogen, a green hydrogen company, became a unicorn after raising a $380 million Series C at a $1 billion valuation.
  • New York-based mental health startup Headway raised $125 million in Series C at a $1 billion valuation, indicating the growing importance of mental health in the healthcare sector.
  • Three startups, Iambic Therapeutics, Prins AI, and Stoke Space, each raised $100 million in funding, highlighting the continued investor interest in biotech, AI, and space technology respectively.
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