Mindblowing Startup Investments Unveiled This Week
The Week’s Biggest Funding Rounds: Biotech And Space Tech Bring In The Money Last week saw major investments in biotech and space tech, highlighting continued funding growth.
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Show Notes
On January 17, 2025, significant funding activity occurred across various sectors with major investment rounds reported. Truveta, a biotech company, secured $320 million, supported by Regeneron Pharmaceuticals and Illumina. Stoke Space Technologies raised $260 million to develop reusable rockets. Colossal Biosciences obtained $200 million to advance genetic engineering and conservation efforts. Tune Therapeutics received $175 million for its hepatitis B drug, while Loft Orbital raised $170 million to enhance its satellite infrastructure. Caidya secured $165 million as its first funding round. Phantom Technologies raised $150 million for its crypto wallet, and Harbinger obtained $100 million for electric trucking. Instabase and Umoja Biopharma each raised $100 million for AI solutions and cell therapies, respectively. Smart Fabric led the week with a $460 million funding round for textile solutions.
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