This is a weekly feature that runs down the week鈥檚 top 10 funding rounds in the U.S. Check out last week鈥檚 biggest funding rounds here.
Startups related to biotech and health care dominated the week, with five companies in that sector raising $50 million or more. Investors also continued to be enamored with the emerging Web3 space, minting a new unicorn while more than doubling the value of another.
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1. , $223M, medical: New York-based heart disease diagnosis startup Cleerly announced earlier in the week it raised $192 million鈥攖hen apparently found another $31 million lying around a few days later to close a $223 million Series C. The round was led by funds and accounts advised by and T. Rowe Price Investment Management and Cleerly plays at the intersection of two hot sectors鈥擜I and health care. Its AI-enabled technique to evaluate heart disease allows physicians to more easily identify plaque buildup in the walls of the heart arteries. Founded in 2017, Cleerly says it has now raised $279 million.
2. , $160M, biotech: Another health care-related startup tops the list, this time Berkeley, California-based Carmot Therapeutics, which raised a $160 million Series D led by . The clinical-stage biotechnology company is developing therapies focused on metabolic disease鈥攍ike diabetes and obesity鈥攁nd cancer. Founded in 2008, the company has raised nearly $235 million, per 小蓝视频色情网页版 data.
3. , $150M, blockchain: Just four months after closing a $200 million investment from , and , whch valued the company at $1 billion, Palo Alto, California-based Aptos Labs decided to double down. The Web3 startup, founded by ex- employees, closed a $150 million Series A led by FTX Ventures and at a more than $2 billion valuation. Aptos is creating a Layer 1 system blockchain, meaning it will not sit on Ethereum or another network, but will be its own decentralized network. The company is looking to build off of key elements of the Diem blockchain and its smart contract language鈥. Investors are looking at all things Web3 right now, and companies like Aptos are certainly benefiting.
4. , $100M, food: Ghost kitchens are big right now. Chefs want a space to cook, but not an expensive full-service restaurant lease. Enter a company like Kitchen United, which provides tech and real estate for cooks to work on their to-go cuisine and reach paying customers. The Pasadena, California-based company locked up a $100 million Series C that included a wide range of investors鈥攆rom to to two-time Super Bowl MVP . Kitchen United currently has about 200 operational kitchens in places like New York, Chicago and Los Angeles. The company will use the new cash to expand further. Founded in 2017, Kitchen United has raised approximately $175 million, per the company.
5. , $75M, travel: We are still a long way away from what 鈥渘ormal鈥 was in 2019, but there are signs the travel industry is getting closer to that spot. After funding dipped to VC-backed travel startups during the pandemic in 2020, last year it picked up again鈥攁nd that has continued into this year. This week, New York-based travel tech startup Spotnana closed a $75 million Series B led by . Founded in 2020, the company has now raised more than $116 million, according to 小蓝视频色情网页版 data.
6. , $70M, agtech: Enko Chem, the Connecticut-based crop health company, raised a $70 million Series C funding led by agrochemical company . Founded in 2017, Enko says it has now raised $140 million.
7. , $65M, crypto: Web3 startup Unstoppable Domains closed a $65 million Series A led by at a $1 billion valuation. The company offers NFT domains that give people control of their digital identity. Founded in 2018, the fully remote company has raised $72 million to date, according to 小蓝视频色情网页版 data.
8. , $65M, biotech: South San Francisco-based biotech startup Vicinitas Therapeutics locked up a $65 million Series A co-led by and . The company is developing a protein stabilization platform to develop therapeutics in cancer and genetic disorders.
9. , $55M, biotech: San Diego-based Replay, a genome writing company, launched with $55 million in seed financing led by and .
10. Three companies tied for the 10th spot, as San Francisco-based , San Diego-based and Milpitas, California-based all raised $50 million this week.
Big global deals
Even though deals were not huge in the U.S. this week, four of the top five deals were domestic. However, the week鈥檚 biggest fundraise came from Spain.
- Madrid-based advertising startup closed a private equity round worth approximately $255 million.
Methodology
We tracked the largest rounds in the 小蓝视频色情网页版 database that were raised by U.S.-based companies for the seven-day period of July 23-29. Although most announced rounds are represented in the database, there could be a small time lag as some rounds are reported late in the week.
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