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Huge Startup Funding Deals Revealed in This Week's Top 10 List

Author
GREY Journal
Published
Fri 28 Jun 2024
Episode Link
https://greyjournal.net/news/

This week, startups raised substantial funding with at least nine-figure deals. Sila Nanotechnologies led with $375 million to complete its plant in Washington for producing Titan Silicon anode material. Formation Bio raised $372 million to accelerate drug development using AI. CData Software secured $350 million for data connectivity solutions. Creatio raised $200 million to automate CRM and workflows, while Foodsmart raised $200 million to expand its telenutrition platform. Sidecar Health closed $165 million to improve healthcare accessibility. EvolutionaryScale raised $142 million to create novel proteins using a language model. Etched.ai raised $120 million for AI chips to train large models. Bright Machines raised $106 million for software-defined manufacturing, and Hebbia raised $100 million for AI-driven document search. LanzaJet secured $100 million for sustainable fuels technology.

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