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This is a weekly feature that runs down the week鈥檚 top 10 announced funding rounds in the U.S. Check out last week鈥檚 biggest funding deal roundup here.
Startup investors were in a spendy mood this week, backing more than a dozen rounds in the multiple hundreds of millions. Of those, the biggest one went to spend-management platform , which closed on $750 million, followed by three $500 million rounds for companies in the AI and space tech sectors.
1.听, $750M, finance software: Spend-management software provider Ramp secured $750 million in a financing led by , , and . The round set a $44 billion valuation for the seven-year-old, New York-based company.
2 (tied).聽, $500M, space tech: Redondo Beach, California-based Impulse Space, a developer of spacecraft and propulsion systems for transport, moving and orbital repositioning in space, raised $500 million in Series D funding. and led the financing which brings total investment to date to more than $1 billion.聽
2 (tied).聽, $500M, AI developer tools: Supabase, provider of an open source platform for developers and AI app builders, closed on $500 million in fresh funding. led the financing, which set a $10.5 billion valuation for the six-year-old, San Francisco-based company.
2 (tied).聽, $500M, foundational AI: New York-based Flourish, a startup working on artificial intelligence models inspired by the human brain, raised $500 million in initial funding. Backers include , , and .
4.听, $465M, fusion energy: Helion, a startup with a mission to build the world鈥檚 first fusion power plant, picked up $465 million in Series G funding led by at a $15.5 billion post-money valuation. The round brings total reported funding for the Everett, Washington-based company to at least $1.5 billion, per SA国际传媒 data.聽
5.听, $435M, longevity medicines: NewLimit, a developer of medicines designed to restore youthful function in old cells through epigenetic reprogramming, closed on $435 million in Series C funding. led the financing for the South San Francisco, California-based company, which was co-founded by CEO .
6 (tied)., $400M, AI for music: Suno, a provider of AI tools for making music, raised $400 million in Series D funding led by . The round set a $5.4 billion valuation for the company, which is currently facing lawsuits from multiple music labels for training its AI on copyrighted materials.
6 (tied)., $400M, robotics: Generalist AI, a startup focused on using AI to enable robots to do complex tasks, picked up $400 million in new funding led by . The financing reportedly set a $2 billion valuation for the two-year-old, San Mateo, California-based company.
7.听, $350M, AI enterprise software: AlphaSense, an AI-enabled market intelligence and workflow orchestration platform, closed on $350 million in a new funding round led by , , and , , and . The round set a $7.5 billion valuation for the New York-based company.
8.听, $300M, defense tech: Defense tech startup Mach Industries raised $300 million in Series C funding at a $1.8 billion valuation. and led the financing for the three-year-old, Huntington Beach, California-based company.
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