The article also mentions a significant funding round outside the U.S., with India-based Vastu Housing Finance raising a $100 million venture round. The funding data was sourced from the Crunchbase database, which tracks the largest announced rounds raised by U.S.-based companies.
Key takeaways:
- Tenstorrent, a semiconductor startup, raised the largest funding round of the week with $693 million, giving it a valuation of $2.6 billion.
- Nuvig Therapeutics, a biotech startup, raised a $161 million Series B for developing immunomodulatory therapeutics for patients with inflammatory autoimmune diseases.
- Heirloom, a direct air capture company, raised $150 million in Series B funding, indicating a boom period for investment in carbon capture startups.
- Public, a fintech company, raised $135 million in equity and debt financing to grow its AI-enabled research features.