Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from Q2 2023. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.
14. Noah Medical $150.0M
Round: Series B
Description: San Carlos-based Noah Medical develops medical robotics using its next-generation robotic platform for patient diagnosis and treatment. Founded by Jian Zhang in 2018, Noah Medical has now raised a total of $150.0M in total equity funding and is backed by Sunmed Capital, Tiger Global Management, UpHonest Capital, SoftBank Vision Fund, and AME Cloud Ventures.
Investors in the round: 1955 Capital, AME Cloud Ventures, Hillhouse Capital, LYFE Capital, Prosperity7 Ventures, Sequoia Capital China, Shangbay Capital, SoftBank Vision Fund, Sunmed Capital, Tiger Global Management, UpHonest Capital
Industry: Health Care, Health Diagnostics, Medical Device
Founders: Jian Zhang
Founding year: 2018
Location: San Carlos
Total equity funding raised: $150.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
13. Lightmatter $154.0M
Round: Series C
Description: Boston-based Lightmatter changes chip architecture, powering faster, energy-efficient computing with photonic processors for sustainable AI advancement. Founded by Darius Bunandar, Nicholas Harris, and Thomas Graham in 2017, Lightmatter has now raised a total of $267.0M in total equity funding and is backed by Google Ventures, Trajectory Ventures, Hewlett Packard Enterprise, Viking Global Investors, and Matrix Partners.
Investors in the round: Fidelity Management and Research Company, Google Ventures, Hewlett Packard Enterprise, SIP Global Partners, Trajectory Ventures, Viking Global Investors
Industry: Artificial Intelligence, Hardware, Machine Learning, Software
Founders: Darius Bunandar, Nicholas Harris, Thomas Graham
Founding year: 2017
Location: Boston
Total equity funding raised: $267.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
12. Strive Health $166.0M
Round: Series C
Description: Denver-based Strive Health is a value-based kidney care provider with an integrated system supporting the journey of individuals with kidney disease. Founded by Chris Riopelle in 2018, Strive Health has now raised a total of $386.0M in total equity funding and is backed by New Enterprise Associates, CapitalG, Redpoint, Ascension Ventures, and CVS Health Ventures.
Investors in the round: Ascension Ventures, CapitalG, CVS Health Ventures, Echo Health Ventures, New Enterprise Associates, Redpoint, Town Hall Ventures
Industry: Health Care, Information Technology, Medical, mHealth
Founders: Chris Riopelle
Founding year: 2018
Location: Denver
Total equity funding raised: $386.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
11. Blackpoint Cyber $190.0M
Round: Series C
Description: Ellicott City-based Blackpoint Cyber is a provider of cybersecurity threat hunting, detection, and response technology. Founded by Jon Murchison in 2014, Blackpoint Cyber has now raised a total of $201.4M in total equity funding and is backed by Accel, Bain Capital Tech Opportunities, WP Global Partners, Pelican Ventures, and Telcom Ventures.
Investors in the round: Accel, Adelphi Capital Partners, Bain Capital Tech Opportunities, Pelican Ventures, Telecom venture, WP Global Partners
Industry: Computer, Cyber Security, Network Security, Software
Founders: Jon Murchison
Founding year: 2014
Location: Ellicott City
Total equity funding raised: $201.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
10. KoBold Metals $195.0M
Round: Series B
Description: Berkeley-based KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally. Founded by Jeff Jurinak, Josh Goldman, and Kurt Zenz House in 2018, KoBold Metals has now raised a total of $407.5M in total equity funding and is backed by Andreessen Horowitz, T. Rowe Price, BHP, Breakthrough Energy Ventures, and Mitsubishi Corporation.
Investors in the round: Andreessen Horowitz, BHP Ventures, Bond, Breakthrough Energy Ventures, Earthshot Ventures, Equinor Ventures, July Fund, Mitsubishi Corporation, Standard Investments, T. Rowe Price
Industry: Machine Learning, Mineral, Mining, Software
Founders: Jeff Jurinak, Josh Goldman, Kurt Zenz House
Founding year: 2018
Location: Berkeley
Total equity funding raised: $407.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
9. Astranis $200.0M
Round: Venture
Description: San Francisco-based Astranis is a space startup that builds small and low-cost telecommunications satellites to provide internet access in remote regions. Founded by John Gedmark and Ryan McLinko in 2015, Astranis has now raised a total of $503.5M in total equity funding and is backed by Andreessen Horowitz, Y Combinator, Garage Capital, Baillie Gifford, and BlackRock.
Investors in the round: Andreessen Horowitz
Industry: Aerospace, Internet, Satellite Communication, Telecommunications
Founders: John Gedmark, Ryan McLinko
Founding year: 2015
Location: San Francisco
Total equity funding raised: $503.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
9. CoreWeave $200.0M
Round: Series B
Description: Roseland-based CoreWeave provides GPU-accelerated compute solutions to the CGI and machine learning industries. Founded by Brannin McBee, Brian Venturo, and Michael Intrator in 2017, CoreWeave has now raised a total of $476.5M in total equity funding and is backed by NVIDIA, Daniel Gross, Magnetar Capital, and Nat Friedman.
Investors in the round: Magnetar Capital
Industry: Cloud Computing, Cloud Infrastructure, Information Technology, Machine Learning
Founders: Brannin McBee, Brian Venturo, Michael Intrator
Founding year: 2017
Location: Roseland
Total equity funding raised: $576.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
8. HeartFlow $215.0M
Round: Series F
Description: Redwood City-based HeartFlow is a medical technology company that provides various methods of diagnosis and treatment of cardiovascular disease. Founded by Charles A. Taylor, Christopher K. Zarins, and John Stevens in 2010, HeartFlow has now raised a total of $782.7M in total equity funding and is backed by Baillie Gifford, Wellington Management, Capricorn Investment Group, U.S. Venture Partners, and Janus Henderson Investors.
Investors in the round: Baillie Gifford, Bain Capital Life Sciences, Capricorn Investment Group, Hayfin Capital Management, HealthCor Partners, Janus Henderson Investors, Martis Capital, U.S. Venture Partners, Wellington Management
Industry: Artificial Intelligence, Biotechnology, Health Care, Health Diagnostics, Medical
Founders: Charles A. Taylor, Christopher K. Zarins, John Stevens
Founding year: 2010
Location: Mountain View
Total equity funding raised: $782.7M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. Gradiant $225.0M
Round: Series D
Description: Woburn-based Gradiant is a solutions provider and developer of cleantech water projects for advanced water and wastewater treatment. Founded by Anurag Bajpayee and Prakash Govindan in 2013, Gradiant has now raised a total of $392.4M in total equity funding and is backed by Warburg Pincus, SLB, BoltRock Holdings, WAVE Equity Partners, and Centaurus Capital LP.
Investors in the round: BoltRock Holdings, Centaurus Capital LP
Industry: Clean Energy, CleanTech, Sustainability, Waste Management, Water, Water Purification
Founders: Anurag Bajpayee, Prakash Govindan
Founding year: 2013
Location: Woburn
Total equity funding raised: $392.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Ohmium $250.0M
Round: Series C
Description: Incline Village-based Ohmium is a green hydrogen company that manufactures proton exchange membrane systems to pressurise high-purity hydrogen. Founded by Arne Ballantine and Kirsten Burpee in 2019, Ohmium has now raised a total of $295.0M in total equity funding and is backed by Energy Transition Ventures, Hanover Technology Investment Management, Fenice Investment Group, and TPG Rise Climate Fund.
Investors in the round: Energy Transition Ventures, Fenice Investment Group, Hanover Technology Investment Management, TPG Rise Climate Fund
Industry: Clean Energy, Energy, Manufacturing, Renewable Energy
Founders: Arne Ballantine, Kirsten Burpee
Founding year: 2019
Location: Incline Village
Total equity funding raised: $295.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. Aledade $260.0M
Round: Series F
Description: Bethesda-based Aledade is a primary care physician platform that provides everything doctors need to create and run an accountable care organization. Founded by Edwin Miller, Farzad Mostashari, and Mat Kendall in 2014, Aledade has now raised a total of $677.9M in total equity funding and is backed by Google Ventures, Tiger Global Management, Lightspeed Venture Partners, ARCH Venture Partners, and IVP.
Investors in the round: Avidity Partners, Fidelity Management and Research Company, Lightspeed Venture Partners, OMERS Growth Equity, Venrock
Industry: Health Care, Medical, Productivity Tools, Wellness
Founders: Edwin Miller, Farzad Mostashari, Mat Kendall
Founding year: 2014
Location: Bethesda
Total equity funding raised: $677.9M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Clear Street $270.0M
Round: Series B Extension
Description: New York-based Clear Street develops a modern infrastructure for capital markets. Founded by Chris Pento and Sachin Kumar in 2018, Clear Street has now raised a total of $470.0M in total equity funding and is backed by NEAR Foundation, Prysm Capital, Illia Polosukhin, Walleye Capital, and McLaren Strategic Ventures.
Investors in the round: Prysm Capital
Industry: Cloud Infrastructure, Financial Services, FinTech
Founders: Chris Pento, Sachin Kumar
Founding year: 2018
Location: New York
Total equity funding raised: $470.0M
AlleyWatch’s exclusive coverage of this round: </strongClear Street Adds $270M to its Series B Round for its Tech-Enabled Prime Brokerage
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Orbital Therapeutics $270.0M
Round: Series A
Description: Cambridge-based Orbital Therapeutics is a biotechnology company that develops RNA-based medicines to treat disease in humans. Founded by Carol Suh, Drew Weissman, Ph.D, Gene Yeo, Giuseppe Ciaramella, Howard Chang, John Maraganore, Kristina Burow, and Ravi Majeti in 2022, Orbital Therapeutics has now raised a total of $270.0M in total equity funding and is backed by Rellim Capital Management, Andreessen Horowitz, ARCH Venture Partners, Alexandria Venture Investments, and Invus.
Investors in the round: Abu Dhabi Growth Fund, Agent Capital, Alexandria Venture Investments, Andreessen Horowitz, ARCH Venture Partners, Casdin Capital, EXOR N.V., Heritage Medical Systems, iGlobe Partners, Invus, Moore Strategic Ventures, Newpath Management, Redmile Group, Rellim Capital Management
Industry: Alternative Medicine, Biotechnology, Life Science, Therapeutics
Founders: Carol Suh, Drew Weissman, Ph.D, Gene Yeo, Giuseppe Ciaramella, Howard Chang, John Maraganore, Kristina Burow, Ravi Majeti
Founding year: 2022
Location: Cambridge
Total equity funding raised: $270.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. OpenAI $300.0M
Round: Venture
Description: San Francisco-based OpenAI is an AI research and deployment company that conducts research and implements machine learning. Founded by Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Sam Altman, and Wojciech Zaremba in 2015, OpenAI has now raised a total of $11.3B in total equity funding and is backed by Andreessen Horowitz, Sequoia Capital, Microsoft, Y Combinator, and Thrive Capital.
Investors in the round: Andreessen Horowitz, Founders Fund, K2 Global, Sequoia Capital, Thrive Capital, Tiger Global Management
Industry: Artificial Intelligence, Machine Learning, Natural Language Processing, Software
Founders: Aditya Choubey, Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Rafsan Shahriar, Sam Altman, Wojciech Zaremba
Founding year: 2015
Location: San Francisco
Total equity funding raised: $11.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
2. ElevateBio $401.0M
Round: Series D
Description: Waltham-based ElevateBio is a biotechnology company that specializes in cell and gene-based therapies. Founded by David Hallal, Mitchell Finer, and Vikas Sinha in 2017, ElevateBio has now raised a total of $1.2B in total equity funding and is backed by Novo Nordisk, Redmile Group, Vertex Ventures, SoftBank Vision Fund, and Surveyor Capital.
Investors in the round: EcoR1 Capital, EDBI, Emerson Collective, F2 Ventures, Fidelity Management and Research Company, Invus, ITOCHU Corporation, Lee Family Office, Matrix Capital Management, MPM Capital, Novo Nordisk, Redmile Group, Samsara BioCapital, SoftBank Vision Fund, Surveyor Capital, Vertex Ventures, Woodline Partners
Industry: Alternative Medicine, Biotechnology, Information Technology
Founders: David Hallal, Mitchell Finer, Vikas Sinha
Founding year: 2017
Location: Waltham
Total equity funding raised: $1.2B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Inflection AI $1.3B
Round: Venture
Description: Palo Alto-based Inflection AI is an artificial intelligence startup that develops personal AI chatbots. Founded by Carlos Virella, Karen Simonyan, Mustafa Suleyman, and Reid Hoffman in 2022, Inflection AI has now raised a total of $1.5B in total equity funding and is backed by CoreWeave, NVIDIA, Microsoft, Reid Hoffman, and Bill Gates.
Investors in the round: Bill Gates, CoreWeave, Eric Schmidt, Microsoft, NVIDIA, Reid Hoffman
Industry: Artificial Intelligence, Information Technology, Machine Learning
Founders: Carlos Virella, Karen Simonyan, Mustafa Suleyman, Reid Hoffman
Founding year: 2022
Location: Palo Alto
Total equity funding raised: $1.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
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- Source: https://www.alleywatch.com/2023/07/us-startup-funding-top-largest-q2-2023-vc/
