This week, the tech industry saw some major funding rounds, with CoreWeave and Strive securing significant investments. In this article, we’ll take a closer look at the top 10 funding rounds of the week, including the $166 million raised by a kidney health startup.
1. CoreWeave – $83 million
CoreWeave, a cloud-based infrastructure provider for blockchain applications, raised $83 million in a Series B funding round led by Moore Strategic Ventures. The company plans to use the funds to expand its infrastructure and services.
2. Strive – $140 million
Strive, a startup that provides personalized nutrition and exercise plans based on DNA analysis, raised $140 million in a Series B funding round led by Coatue Management. The company plans to use the funds to expand its product offerings and reach more customers.
3. Outschool – $110 million
Outschool, an online learning platform for kids, raised $110 million in a Series D funding round led by Coatue Management. The company plans to use the funds to expand its curriculum and reach more students.
4. Suki.AI – $20 million
Suki.AI, a healthcare startup that uses artificial intelligence to assist doctors with medical documentation, raised $20 million in a Series B funding round led by Flare Capital Partners. The company plans to use the funds to expand its product offerings and reach more healthcare providers.
5. Huma – $130 million
Huma, a digital health startup that provides remote monitoring and care management services, raised $130 million in a Series C funding round led by Leaps by Bayer. The company plans to use the funds to expand its services globally.
6. Vise – $65 million
Vise, a startup that provides AI-powered investment management services for financial advisors, raised $65 million in a Series C funding round led by Ribbit Capital. The company plans to use the funds to expand its product offerings and reach more financial advisors.
7. KidneyIntelX – $166 million
KidneyIntelX, a kidney health startup that uses AI to predict the progression of chronic kidney disease, raised $166 million in a Series A funding round led by Section 32. The company plans to use the funds to expand its clinical trials and commercialize its product.
8. Freenome – $270 million
Freenome, a healthcare startup that uses AI to detect early-stage cancer, raised $270 million in a Series C funding round led by Bain Capital Life Sciences. The company plans to use the funds to expand its clinical trials and commercialize its product.
9. Snyk – $530 million
Snyk, a cybersecurity startup that provides vulnerability management solutions for developers, raised $530 million in a Series F funding round led by Sands Capital. The company plans to use the funds to expand its product offerings and reach more customers.
10. Viz.ai – $71 million
Viz.ai, a healthcare startup that uses AI to assist doctors with stroke diagnosis and treatment, raised $71 million in a Series C funding round led by Scale Venture Partners. The company plans to use the funds to expand its product offerings and reach more healthcare providers.
In conclusion, this week’s top 10 funding rounds showcase the diversity of the tech industry, with startups in healthcare, education, finance, and cybersecurity all securing significant investments. These companies plan to use the funds to expand their product offerings, reach more customers, and make a positive impact on their respective industries.
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- Source: Plato Data Intelligence.