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Which Startups Secured the Largest Funding Rounds This Week?

Which Startups Secured the Largest Funding Rounds This Week?

Biotech and Financial Services Lead $100M+ Funding, No Major AI Raises This Week

Web3 Wavefronts - Digestible News on Crypto, DeFi and AI · theWeb3.news

July 19, 20243m 52s

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Show Notes

Eight startups raised over $100 million each this week, with biotech and financial services companies leading. Cardurion Pharmaceuticals secured $260 million to develop cardiovascular disease treatments. Human Interest raised $242 million for small business retirement plans. Tekion garnered $200 million for its automotive retail software platform. Saronic obtained $175 million for its autonomous surface vessels designed for the U.S. Navy. Scorpion Therapeutics raised $150 million for precision oncology treatments. Aven secured $142 million for its home equity-backed credit cards. NGM Biopharmaceuticals gathered $122 million for liver disease and pregnancy treatments. Kandji raised $100 million for Apple device management. Halo Industries raised $80 million for laser manufacturing technology, and DreamBig Semiconductor secured $75 million for chiplet platforms and AI applications.

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