Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from Q2 2023. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.
14. Noah Medical $150.0M
Round: Series BDescription: San Carlos-based Noah Medical develops medical robotics using its next-generation robotic platform for patient diagnosis and treatment. Founded by Jian Zhang in 2018, Noah Medical has now raised a total of $150.0M in total equity funding and is backed by Sunmed Capital, Tiger Global Management, UpHonest Capital, SoftBank Vision Fund, and AME Cloud Ventures.Investors in the round: 1955 Capital, AME Cloud Ventures, Hillhouse Capital, LYFE Capital, Prosperity7 Ventures, Sequoia Capital China, Shangbay Capital, SoftBank Vision Fund, Sunmed Capital, Tiger Global Management, UpHonest CapitalIndustry: Health Care, Health Diagnostics, Medical DeviceFounders: Jian ZhangFounding year: 2018Location: San CarlosTotal equity funding raised: $150.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
13. 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: 2017Location: BostonTotal equity funding raised: $267.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
12. 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: 2018Location: DenverTotal equity funding raised: $386.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
11. Blackpoint Cyber $190.0M
Round: Series CDescription: Ellicott City-based Blackpoint Cyber is a provider of cybersecurity threat hunting, detection, and response technology. Founded by Jon Murchison in 2014, Blackpoint Cyber has now raised a total of $201.4M in total equity funding and is backed by Accel, Bain Capital Tech Opportunities, WP Global Partners, Pelican Ventures, and Telcom Ventures.Investors in the round: Accel, Adelphi Capital Partners, Bain Capital Tech Opportunities, Pelican Ventures, Telecom venture, WP Global PartnersIndustry: Computer, Cyber Security, Network Security, SoftwareFounders: Jon MurchisonFounding year: 2014Location: Ellicott CityTotal equity funding raised: $201.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
10. KoBold Metals $195.0M
Round: Series BDescription: Berkeley-based KoBold Metals is a developer of machine prospector technology intended to facilitate a search for cobalt ore locations digitally. Founded by Jeff Jurinak, Josh Goldman, and Kurt Zenz House in 2018, KoBold Metals has now raised a total of $407.5M in total equity funding and is backed by Andreessen Horowitz, T. Rowe Price, BHP, Breakthrough Energy Ventures, and Mitsubishi Corporation.Investors in the round: Andreessen Horowitz, BHP Ventures, Bond, Breakthrough Energy Ventures, Earthshot Ventures, Equinor Ventures, July Fund, Mitsubishi Corporation, Standard Investments, T. Rowe PriceIndustry: Machine Learning, Mineral, Mining, SoftwareFounders: Jeff Jurinak, Josh Goldman, Kurt Zenz HouseFounding year: 2018Location: BerkeleyTotal equity funding raised: $407.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
9. Astranis $200.0M
Round: VentureDescription: San Francisco-based Astranis is a space startup that builds small and low-cost telecommunications satellites to provide internet access in remote regions. Founded by John Gedmark and Ryan McLinko in 2015, Astranis has now raised a total of $503.5M in total equity funding and is backed by Andreessen Horowitz, Y Combinator, Garage Capital, Baillie Gifford, and BlackRock.Investors in the round: Andreessen HorowitzIndustry: Aerospace, Internet, Satellite Communication, TelecommunicationsFounders: John Gedmark, Ryan McLinkoFounding year: 2015Location: San FranciscoTotal equity funding raised: $503.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
9. 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: 2017Location: RoselandTotal equity funding raised: $576.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
8. HeartFlow $215.0M
Round: Series FDescription: Redwood City-based HeartFlow is a medical technology company that provides various methods of diagnosis and treatment of cardiovascular disease. Founded by Charles A. Taylor, Christopher K. Zarins, and John Stevens in 2010, HeartFlow has now raised a total of $782.7M in total equity funding and is backed by Baillie Gifford, Wellington Management, Capricorn Investment Group, U.S. Venture Partners, and Janus Henderson Investors.Investors in the round: Baillie Gifford, Bain Capital Life Sciences, Capricorn Investment Group, Hayfin Capital Management, HealthCor Partners, Janus Henderson Investors, Martis Capital, U.S. Venture Partners, Wellington ManagementIndustry: Artificial Intelligence, Biotechnology, Health Care, Health Diagnostics, MedicalFounders: Charles A. Taylor, Christopher K. Zarins, John StevensFounding year: 2010Location: Mountain ViewTotal equity funding raised: $782.7M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
7. 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: 2013Location: WoburnTotal equity funding raised: $392.4M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
6. Ohmium $250.0M
Round: Series CDescription: Incline Village-based Ohmium is a green hydrogen company that manufactures proton exchange membrane systems to pressurise high-purity hydrogen. Founded by Arne Ballantine and Kirsten Burpee in 2019, Ohmium has now raised a total of $295.0M in total equity funding and is backed by Energy Transition Ventures, Hanover Technology Investment Management, Fenice Investment Group, and TPG Rise Climate Fund.Investors in the round: Energy Transition Ventures, Fenice Investment Group, Hanover Technology Investment Management, TPG Rise Climate FundIndustry: Clean Energy, Energy, Manufacturing, Renewable EnergyFounders: Arne Ballantine, Kirsten BurpeeFounding year: 2019Location: Incline VillageTotal equity funding raised: $295.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
5. Aledade $260.0M
Round: Series FDescription: Bethesda-based Aledade is a primary care physician platform that provides everything doctors need to create and run an accountable care organization. Founded by Edwin Miller, Farzad Mostashari, and Mat Kendall in 2014, Aledade has now raised a total of $677.9M in total equity funding and is backed by Google Ventures, Tiger Global Management, Lightspeed Venture Partners, ARCH Venture Partners, and IVP.Investors in the round: Avidity Partners, Fidelity Management and Research Company, Lightspeed Venture Partners, OMERS Growth Equity, VenrockIndustry: Health Care, Medical, Productivity Tools, WellnessFounders: Edwin Miller, Farzad Mostashari, Mat KendallFounding year: 2014Location: BethesdaTotal equity funding raised: $677.9M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Clear Street $270.0M
Round: Series B ExtensionDescription: New York-based Clear Street develops a modern infrastructure for capital markets. Founded by Chris Pento and Sachin Kumar in 2018, Clear Street has now raised a total of $470.0M in total equity funding and is backed by NEAR Foundation, Prysm Capital, Illia Polosukhin, Walleye Capital, and McLaren Strategic Ventures.Investors in the round: Prysm CapitalIndustry: Cloud Infrastructure, Financial Services, FinTechFounders: Chris Pento, Sachin KumarFounding year: 2018Location: New YorkTotal equity funding raised: $470.0MAlleyWatch’s exclusive coverage of this round: </strongClear Street Adds $270M to its Series B Round for its Tech-Enabled Prime Brokerage
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
4. Orbital Therapeutics $270.0M
Round: Series ADescription: Cambridge-based Orbital Therapeutics is a biotechnology company that develops RNA-based medicines to treat disease in humans. Founded by Carol Suh, Drew Weissman, Ph.D, Gene Yeo, Giuseppe Ciaramella, Howard Chang, John Maraganore, Kristina Burow, and Ravi Majeti in 2022, Orbital Therapeutics has now raised a total of $270.0M in total equity funding and is backed by Rellim Capital Management, Andreessen Horowitz, ARCH Venture Partners, Alexandria Venture Investments, and Invus.Investors in the round: Abu Dhabi Growth Fund, Agent Capital, Alexandria Venture Investments, Andreessen Horowitz, ARCH Venture Partners, Casdin Capital, EXOR N.V., Heritage Medical Systems, iGlobe Partners, Invus, Moore Strategic Ventures, Newpath Management, Redmile Group, Rellim Capital ManagementIndustry: Alternative Medicine, Biotechnology, Life Science, TherapeuticsFounders: Carol Suh, Drew Weissman, Ph.D, Gene Yeo, Giuseppe Ciaramella, Howard Chang, John Maraganore, Kristina Burow, Ravi MajetiFounding year: 2022Location: CambridgeTotal equity funding raised: $270.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
3. OpenAI $300.0M
Round: VentureDescription: San Francisco-based OpenAI is an AI research and deployment company that conducts research and implements machine learning. Founded by Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Sam Altman, and Wojciech Zaremba in 2015, OpenAI has now raised a total of $11.3B in total equity funding and is backed by Andreessen Horowitz, Sequoia Capital, Microsoft, Y Combinator, and Thrive Capital.Investors in the round: Andreessen Horowitz, Founders Fund, K2 Global, Sequoia Capital, Thrive Capital, Tiger Global ManagementIndustry: Artificial Intelligence, Machine Learning, Natural Language Processing, SoftwareFounders: Aditya Choubey, Carlos Virella, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman, Rafsan Shahriar, Sam Altman, Wojciech ZarembaFounding year: 2015Location: San FranciscoTotal equity funding raised: $11.3B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
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: 2017Location: WalthamTotal equity funding raised: $1.2B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.
1. Inflection AI $1.3B
Round: VentureDescription: Palo Alto-based Inflection AI is an artificial intelligence startup that develops personal AI chatbots. Founded by Carlos Virella, Karen Simonyan, Mustafa Suleyman, and Reid Hoffman in 2022, Inflection AI has now raised a total of $1.5B in total equity funding and is backed by CoreWeave, NVIDIA, Microsoft, Reid Hoffman, and Bill Gates.Investors in the round: Bill Gates, CoreWeave, Eric Schmidt, Microsoft, NVIDIA, Reid HoffmanIndustry: Artificial Intelligence, Information Technology, Machine LearningFounders: Carlos Virella, Karen Simonyan, Mustafa Suleyman, Reid HoffmanFounding year: 2022Location: Palo AltoTotal equity funding raised: $1.5B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key influencers in the global business community and beyond. Find out how to run a digital campaign that will return your investment here.