Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for May 2023. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis.
Interested in the top NYC Startup Fundings? – The Largest NYC Startup Funding Rounds of May 2023Interested in the top LA Startup Fundings? – The Largest LA Startup Funding Rounds for May 2023Interested in the top London Startup Funding? – The Largest London Startups Funding Rounds of May 2023Interested in the top US Startup Funding? – The Largest US Startups Funding Rounds of May 2023
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14. Eagle Eye Networks $100.0M
Round: VentureDescription: Austin-based Eagle Eye Networks is a cloud video surveillance company that is transitioning all aspects of traditional video surveillance to the cloud. Founded by Dean Drako in 2012, Eagle Eye Networks has now raised a total of $175.0M in total equity funding and is backed by Accel, SECOM, Austin Ventures, and MSD Capital.Investors in the round: SECOMIndustry: Analytics, Cloud Computing, Cyber Security, Information Technology, SaaS, Security, VideoFounders: Dean DrakoFounding year: 2012Total equity funding raised: $175.0M
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14. Runway $100.0M
Round: Series DDescription: New York-based Runway is an applied AI research company that builds the next generation of creativity tools. Founded by Alejandro Matamala, Anastasis Germanidis, and Cristobal Valenzuela Barrera in 2018, Runway has now raised a total of $195.5M in total equity funding and is backed by Google, Madrona, Bossanova Investimentos, Lux Capital, and Guillermo Rauch.Investors in the round: Google, Rogue VCIndustry: Apps, Artificial Intelligence, Machine Learning, Software, Video EditingFounders: Alejandro Matamala, Anastasis Germanidis, Cristobal Valenzuela BarreraFounding year: 2018Total equity funding raised: $195.5M
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14. UVeye $100.0M
Round: Series DDescription: Teaneck-based UVeye develops automated inspection systems for vehicles using AI and proprietary hardware. Founded by Amir Hever and Ohad Hever in 2016, UVeye has now raised a total of $195.5M in total equity funding and is backed by CarMax, Hyundai Motor Company, General Motors, Hanaco Venture Capital, and Volvo Cars Tech Fund.Investors in the round: CarMax, F.I.T. Ventures, General Motors, GM Ventures, Hanaco Venture Capital, W. R. BerkleyIndustry: Artificial Intelligence, Automotive, Industrial Automation, Machine Learning, SecurityFounders: Amir Hever, Ohad HeverFounding year: 2016Total equity funding raised: $195.5M
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14. Zip $100.0M
Round: Series CDescription: San Francisco-based Zip is an Intake-to-Pay platform for any employee to initiate a purchase or vendor request. Founded by Lu Cheng and Rujul Zaparde in 2020, Zip has now raised a total of $181.3M in total equity funding and is backed by Y Combinator, Tiger Global Management, CRV, and Y Combinator Continuity Fund.Investors in the round: CRV, Tiger Global Management, Y CombinatorIndustry: Compliance, Enterprise Resource Planning (ERP), Finance, Information Technology, Procurement, SoftwareFounders: Lu Cheng, Rujul ZapardeFounding year: 2020Total equity funding raised: $181.3M
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14. Coherent Biopharma $100.0M
Round: Series BDescription: Suzhou-based Coherent Biopharma is a pahrmaceutical based agency. Founded by Robert Huang in 2016, Coherent Biopharma has now raised a total of $128.0M in total equity funding and is backed by YF Capital, Hefei Industry Investment Group, ABC International, 6 Dimensions Capital, and Huimei Capital.Investors in the round: Hefei Hi-Tech Venture Capital, Hefei Industry Investment Group, Shanghai Alliance Investment, Shengdi Investment, Suzhou Industrial Park Science and Technology FundIndustry: Founders: Robert HuangFounding year: 2016Total equity funding raised: $128.0M
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13. Insider $105.0M
Round: VentureDescription: Kagithane-based Insider enables marketers to connect customer data across channels, predict behavior with AI, and individualize cross-channel experiences. Founded by Arda Koterin, Hande Cilingir, Mehmet Sinan Toktay, Muharrem Derinkok, Okan Yedibela, and Serhat Soyuerel in 2012, Insider has now raised a total of $272.1M in total equity funding and is backed by 500 Global, Sequoia Capital, Qatar Investment Authority, Riverwood Capital, and Peak XV Partners.Investors in the round: Esas Private Equity, Qatar Investment AuthorityIndustry: Analytics, Artificial Intelligence, Digital Marketing, Lead Management, Productivity Tools, SaaSFounders: Arda Koterin, Hande Cilingir, Mehmet Sinan Toktay, Muharrem Derinkok, Okan Yedibela, Serhat SoyuerelFounding year: 2012Total equity funding raised: $272.1M
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12. eFishery $108.0M
Round: Series DDescription: Bandung-based EFishery is an ag-tech company that offers integrated feeding solutions for fish and shrimp farming. Founded by Chrisna Aditya, Gibran El Farizy, and Muhammad Ihsan Akhirulsyah in 2013, eFishery has now raised a total of $218.2M in total equity funding and is backed by 500 Global, Temasek Holdings, International Finance Corporation, Aqua Spark, and Bossanova Investimentos.Investors in the round: G42 Expansion Fund, Northstar Group, SoftBank Vision FundIndustry: AgTech, Aquaculture, Farming, Nutrition, SustainabilityFounders: Chrisna Aditya, Gibran El Farizy, Muhammad Ihsan AkhirulsyahFounding year: 2013Total equity funding raised: $218.2M
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11. Tools For Humanity $115.0M
Round: Series CDescription: San Francisco-based Tools For Humanity is a software and hardware development company that develops tools to support the Worldcoin protocol. Founded by Alex Blania and Sam Altman in 2019, Tools For Humanity has now raised a total of $115.0M in total equity funding and is backed by Blockchain Capital, Distributed Global, a16z crypto, and Bain Capital Crypto.Investors in the round: a16z crypto, Bain Capital Crypto, Blockchain Capital, Distributed GlobalIndustry: Blockchain, Hardware, SoftwareFounders: Alex Blania, Sam AltmanFounding year: 2019Total equity funding raised: $115.0M
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10. Lightmatter $154.0M
Round: Series CDescription: Boston-based Lightmatter changes chip architecture, powering faster, energy-efficient computing with photonic processors for sustainable AI advancement. Founded by Darius Bunandar, Nicholas Harris, and Thomas Graham in 2017, Lightmatter has now raised a total of $267.0M in total equity funding and is backed by Google Ventures, Trajectory Ventures, Hewlett Packard Enterprise, Viking Global Investors, and Matrix Partners.Investors in the round: Fidelity Management and Research Company, Google Ventures, Hewlett Packard Enterprise, SIP Global Partners, Trajectory Ventures, Viking Global InvestorsIndustry: Artificial Intelligence, Hardware, Machine Learning, SoftwareFounders: Darius Bunandar, Nicholas Harris, Thomas GrahamFounding year: 2017Total equity funding raised: $267.0M
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9. Flink Food €150.0M
Round: VentureDescription: Berlin-based Flink is an online startup that offers grocery deliveries in ten minutes. Founded by Christoph Cordes, Julian Dames, Nikolas Bullwinkel, Oliver Merkel, and Saad Saeed in 2020, Flink Food has now raised a total of $1.2B in total equity funding and is backed by DoorDash, Northzone, Target Global, Cherry Ventures, and Bond.Investors in the round: DoorDash, Rewe GroupIndustry: E-Commerce, Food and Beverage, Food Delivery, GroceryFounders: Christoph Cordes, Julian Dames, Nikolas Bullwinkel, Oliver Merkel, Saad SaeedFounding year: 2020Total equity funding raised: $1.2B
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8. Strive Health $166.0M
Round: Series CDescription: Denver-based Strive Health is a value-based kidney care provider with an integrated system supporting the journey of individuals with kidney disease. Founded by Chris Riopelle in 2018, Strive Health has now raised a total of $386.0M in total equity funding and is backed by New Enterprise Associates, CapitalG, Redpoint, Ascension Ventures, and CVS Health Ventures.Investors in the round: Ascension Ventures, CapitalG, CVS Health Ventures, Echo Health Ventures, New Enterprise Associates, Redpoint, Town Hall VenturesIndustry: Health Care, Information Technology, Medical, mHealthFounders: Chris RiopelleFounding year: 2018Total equity funding raised: $386.0M
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7. Bolttech $196.0M
Round: Series BDescription: Singapore-based Bolttech is an international insurtech company that aims to build a technology-enabled ecosystem for protection and insurance. Founded by Richard Li in 2020, Bolttech has now raised a total of $443.2M in total equity funding and is backed by Activant Capital, EDBI, MetLife, Khazanah Nasional, and Alma Mundi Ventures.Investors in the round: Khazanah Nasional, MetLife, Tokio MarineIndustry: Financial Services, FinTech, Insurance, InsurTechFounders: Richard LiFounding year: 2020Total equity funding raised: $443.2M
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6. CoreWeave $200.0M
Round: Series BDescription: Roseland-based CoreWeave provides GPU-accelerated compute solutions to the CGI and machine learning industries. Founded by Brannin McBee, Brian Venturo, and Michael Intrator in 2017, CoreWeave has now raised a total of $476.5M in total equity funding and is backed by NVIDIA, Daniel Gross, Magnetar Capital, and Nat Friedman.Investors in the round: Magnetar CapitalIndustry: Cloud Computing, Cloud Infrastructure, Information Technology, Machine LearningFounders: Brannin McBee, Brian Venturo, Michael IntratorFounding year: 2017Total equity funding raised: $476.5M
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5. Gradiant $225.0M
Round: Series DDescription: Woburn-based Gradiant is a solutions provider and developer of cleantech water projects for advanced water and wastewater treatment. Founded by Anurag Bajpayee and Prakash Govindan in 2013, Gradiant has now raised a total of $392.4M in total equity funding and is backed by Warburg Pincus, SLB, BoltRock Holdings, WAVE Equity Partners, and Centaurus Capital LP.Investors in the round: BoltRock Holdings, Centaurus Capital LPIndustry: Clean Energy, CleanTech, Sustainability, Waste Management, Water, Water PurificationFounders: Anurag Bajpayee, Prakash GovindanFounding year: 2013Total equity funding raised: $392.4M
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4. Builder.ai $250.0M
Round: Series DDescription: London-based Builder.ai offers a no-code AI-powered app development platform designed to build and operate software projects. Founded by Sachin Dev Duggal and Saurabh Dhoot in 2016, Builder.ai has now raised a total of $445.0M in total equity funding and is backed by Microsoft, International Finance Corporation, Insight Partners, Jungle Ventures, and Christian Edler.Investors in the round: Blue Lion Global, ICONIQ Capital, Insight Partners, Jungle Ventures, Qatar Investment AuthorityIndustry: Artificial Intelligence, Developer Tools, Machine Learning, Software, Software EngineeringFounders: Sachin Dev Duggal, Saurabh DhootFounding year: 2016Total equity funding raised: $445.0M
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3. Cohere $270.0M
Round: Series CDescription: Toronto-based Cohere offers an API that gives users access to NLP and large language model technologies. Founded by Aidan Gomez, Ivan Zhang, and Nick Frosst in 2019, Cohere has now raised a total of $434.9M in total equity funding and is backed by NVIDIA, Mirae Asset, SentinelOne, Tiger Global Management, and Oracle.Investors in the round: DTCP, Index Ventures, Inovia Capital, Mirae Asset, NVIDIA, Oracle, Salesforce Ventures, Schroders Capital, SentinelOne, Thomvest VenturesIndustry: Artificial Intelligence, Machine Learning, Natural Language Processing, SoftwareFounders: Aidan Gomez, Ivan Zhang, Nick FrosstFounding year: 2019Total equity funding raised: $434.9M
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2. ElevateBio $401.0M
Round: Series DDescription: Waltham-based ElevateBio is a biotechnology company that specializes in cell and gene-based therapies. Founded by David Hallal, Mitchell Finer, and Vikas Sinha in 2017, ElevateBio has now raised a total of $1.2B in total equity funding and is backed by Novo Nordisk, Redmile Group, Vertex Ventures, SoftBank Vision Fund, and Surveyor Capital.Investors in the round: EcoR1 Capital, EDBI, Emerson Collective, F2 Ventures, Fidelity Management and Research Company, Invus, ITOCHU Corporation, Lee Family Office, Matrix Capital Management, MPM Capital, Novo Nordisk, Redmile Group, Samsara BioCapital, SoftBank Vision Fund, Surveyor Capital, Vertex Ventures, Woodline PartnersIndustry: Alternative Medicine, Biotechnology, Information TechnologyFounders: David Hallal, Mitchell Finer, Vikas SinhaFounding year: 2017Total equity funding raised: $1.2B
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1. Anthropic $450.0M
Round: Series CDescription: San Francisco-based Anthropic is an AI safety and research company that builds reliable, interpretable, and steerable AI systems. Founded by Daniela Amodei, Dario Amodei, Jack Clark, Sam McCandlish, and Tom Brown in 2021, Anthropic has now raised a total of $1.5B in total equity funding and is backed by Google, Menlo Ventures, Salesforce Ventures, Raison, and Spark Capital.Investors in the round: Google, Menlo Ventures, Raison, Salesforce Ventures, Sound Ventures, Spark Capital, SVA, Zoom VenturesIndustry: Artificial Intelligence, Information Technology, Machine LearningFounders: Daniela Amodei, Dario Amodei, Jack Clark, Sam McCandlish, Tom BrownFounding year: 2021Total equity funding raised: $1.5B
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