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The Week’s 10 Biggest Funding Rounds: Wonder Delivers Largest Round Of Week

Mar 29, 2024 - news.crunchbase.com
The article provides a rundown of the top 10 startup funding deals in the U.S. for the week of March 16 to 22, 2024. The largest deal was a $700 million funding round for food delivery startup Wonder, followed by a $400 million Series A funding for biotech firm Mirador Therapeutics. Other notable deals include a $175 million Series B for Capstan Therapeutics, a $157 million Series B for Engrail Therapeutics, and a $150 million financing for Clasp Therapeutics.

The article also highlights some significant global deals, with the largest being a Series F round worth approximately $104 million for Germany-based Solaris. The report concludes by noting that the U.S. dominated in terms of big funding rounds for the week, with half of the deals exceeding the $100 million mark.

Key takeaways:

  • The largest startup funding deal in the week of March 16 to 22, 2024, was by food delivery startup Wonder, which raised $700 million, bringing its total funding to nearly $1.8 billion.
  • Biotech companies dominated the funding rounds with Mirador Therapeutics, Capstan Therapeutics, Engrail Therapeutics, and Clasp Therapeutics raising $400M, $175M, $157M, and $150M respectively.
  • Other significant funding rounds included cloud startup Foundry with $80M, cybersecurity firm BigID and fintech platform Figure Markets both with $60M, Web3 company Succinct with $55M, and healthcare AI developer Hippocratic AI with $53M.
  • The biggest funding round outside the U.S. was by Germany-based Solaris, an embedded finance platform, which raised approximately $104 million.
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