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The Week’s Biggest Funding Rounds: Food Delivery Startup Wonder Leads Big Week

Nov 15, 2024 - news.crunchbase.com
The article provides a rundown of the top 10 startup funding rounds in the U.S. for the week of Nov. 9 to Nov. 15, 2024. The list is led by food delivery startup Wonder, which raised $250M as part of its $650M acquisition of Grubhub. Other notable funding rounds include biotech firm Metsera's $215M Series B, AI platform Writer's $200M Series C, aerospace company Firefly Aerospace's $175M Series D, and defense tech startup Chaos Industries' $145M Series B.

The article also highlights significant global deals, with Argentina-based fintech company Ualá raising a $300M Series E at a $2.75B valuation. The report is part of a weekly feature tracking the largest startup funding deals, primarily focusing on those exceeding $100M and involving U.S.-based companies.

Key takeaways:

  • Seven startups raised $100 million or more last week, with food delivery, aerospace, AI, biotech and defense sectors leading the way.
  • Food delivery startup Wonder raised an additional $250 million in capital as part of its $650 million acquisition of Grubhub.
  • Biotech startup Metsera raised $215 million in a Series B funding round led by Venrock Healthcare Capital Partners and Wellington Management.
  • AI platform Writer secured a $200 million Series C funding round, raising its valuation to $1.9 billion.
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