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Which Company Scored the Biggest Funding Round in June

Author
GREY Journal
Published
Tue 02 Jul 2024
Episode Link
https://greyjournal.net/news/

General Motors invested $850 million in Cruise, resuming operations in Phoenix, Dallas, and Houston. AlphaSense secured $650 million, including the $930 million acquisition of Tegus, reaching a $4 billion valuation. Sila Nanotechnologies raised $375 million for its Washington plant. Formation Bio obtained $372 million, aiming to expedite drug development. CData Software secured $350 million for data connectivity solutions. Creatio achieved a $1.2 billion valuation following a $200 million investment. Foodsmart raised $200 million to address chronic diseases and food insecurity. Marea Therapeutics launched with $190 million for cardiometabolic medicines. Sidecar Health received $165 million to simplify healthcare access. Huntress raised $150 million, valuing the company at over $1.5 billion.

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