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The Week’s 10 Biggest Funding Rounds: X.AI And Seismic Therapeutics Lead Surprisingly Big Week

Dec 08, 2023 - news.crunchbase.com
The article provides a list of the top 10 startup funding deals in the U.S. for the week of December 2 to December 8, 2023. The largest funding round was by X.AI, an artificial intelligence startup, which raised $135 million. Other notable deals include Seismic Therapeutic, a biotech company, which raised $121 million, and Vast Data, a data platform startup, which raised $118 million. The list also includes companies in the fields of robotics, health care, energy, fintech, and asset management.

The article also mentions the biggest global deal of the week, which was a $500 million venture round raised by Brazil-based Emergent Cold Latin America, a refrigerated warehousing and logistics provider. The data for the list was sourced from the Crunchbase database, which tracks the largest announced funding rounds raised by U.S.-based companies.

Key takeaways:

  • The largest startup funding deals in the week of Dec. 2 to Dec. 8, 2023, were led by X.AI, which raised $135 million, Seismic Therapeutic with $121 million, and Vast Data with $118 million.
  • Despite December usually being a quiet time for funding announcements, five companies announced rounds of $100 million or more during this week.
  • Biotech and AI companies dominated the list, with other sectors represented including data, robotics, health care, energy, fintech, and asset management.
  • The biggest global deal of the week was a $500 million venture round raised by Brazil-based Emergent Cold Latin America.
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