Discover Which Startups Just Secured Massive Funding This Week

On February 21, 2025, significant funding rounds in the startup sector reached $100 million or more, with a focus on defense and artificial intelligence. Key highlights include Saronic, which raised $600 million for autonomous vessels, bringing its total funding to $845 million and valuing it at $4 billion. Lambda secured $480 million for AI cloud services, achieving a valuation of $2.5 billion, while Together AI raised $305 million, raising its valuation to $3.3 billion. Abridge and Verkada also raised funds in healthcare and security, respectively, securing $250 million and $200 million, with valuations of $2.75 billion and $4.5 billion. Other notable investments include Loxo, Mercor, Safe Dynamics, VitalConnect, and Genspark AI, with contributions ranging from $100 million to $115 million. Outside the U.S., Neolix raised nearly $138 million in China for autonomous vehicles.

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