The article also mentions some significant global deals, with the largest being a $114 million seed round raised by Sweden-based Cloover. The report is based on data from the Crunchbase database, which tracks the largest announced funding rounds raised by U.S.-based companies.
Key takeaways:
- Elon Musk's generative AI startup, xAI, announced a $6 billion funding round, making it the second-most-valuable generative AI company in the world.
- Dallas-based startup Solutions by Text, which allows customers to conduct financial services over text, secured $110 million in funding.
- Frore Systems, a company that has developed a solid-state active cooling chip for AI applications, secured an $80 million Series C led by Fidelity Management & Research Co.
- Mavenir, a network software provider, raised a $75 million investment from an existing investor, bringing its total funding to $1 billion.