10 Biggest Funding Rounds

Hello,

It was a big week for startup funding, with 7 rounds of $100m or more!

Somewhat surprising, AI didn’t dominate this week’s funding news. Too early to tell if this is a momentary lull or the AI hype cycle has started to wane.

FYI: This is a new email we’re adding to our roster; we’d love your feedback. As with most of our content we aim for this to be enjoyed in 2 minutes or less!

10 Biggest Funding Rounds Last Week

1. Mottu, a motorcycle rental & logistics startup, brought in $50m in their recent raise

2. Dragos, an industrial control platform, raised $74m at a nearly $2b valuation

3. DalCor Pharmaceuticals, a health-tech startup focusing on cardiovascular ailments, raised $80m

4. Writer is building an enterprise focused AI platform. Raised $100m at a $500m valuation

5. Flex is a fintech that provides SMBs with credit and finance solutions. Raised $120m

6. HiBob centralise a company’s HR needs in one platform. Gained $150m at a $2b valuation

7. CMR Surgical develops surgical robots and raised $165m

8. Fleximize provides loans to SMBs; gained $167m in funding

9. Cato Networks, a cyber-security startup, raised $238m at a valuation north of $3b

10. Mapbox is a platform that powers in-car navigation systems for the likes of BMW and Toyota. Raised $280m

Trending

Despite the big rounds, many of the biggest VCs remain reluctant dealmakers.

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