In July, several startups raised significant amounts of capital, particularly in biotech and financial services. Skild AI secured $300 million for its advancements in "robot brains," reaching a $1.5 billion valuation. Element Biosciences raised $277 million to continue its work in DNA sequencing and multiomics technology. Cardurion Pharmaceuticals obtained $260 million to develop cardiovascular disease treatments. Both Cosm and Regal raised $250 million each, with Cosm focusing on immersive tech venues and Regal upgrading its theaters. Human Interest garnered $242 million to help small businesses offer 401(k) plans. Companies that raised $200 million include Earned Wealth, HarmonyCares, Altana AI, Astranis, and Tekion, targeting financial planning, in-home healthcare, supply chain management, space technology, and automotive industry software, respectively.
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