SA国际传媒

Want to keep track of the largest startup funding deals in 2023 with our new curated list of $100 million-plus venture deals to U.S.-based companies? Check out our new Megadeals Tracker here.

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 rounds here.

Renewable energy was big again this week after another quarter-billion-dollar round. Two media-related companies also made it into the top five 鈥� a rarity 鈥� in what was a slightly down week. We also had a six-way tie for ninth on the list, as $50 million proved to be a popular amount to raise.

1. , $250M, renewable energy: To kick off this year, renewable energy firm announced it had closed $375 million of what could be a $600 million raise. This week, another renewable energy company wrapped up a huge private quarter-billion-dollar round. Richmond, California-based Pristine Sun locked up the huge round from what it called 鈥渟trategic private equity and family office investors.鈥� The company plans to use the new cash infusion to develop and finance up to 5 gigawatts of its solar projects in Texas, California and Louisiana. The round is the company’s first from outside investors, according to SA国际传媒 data. Since 1996, Pristine Sun and its affiliates have developed solar and wind projects totaling over 25 GW.

2. , $200M, health care: The pandemic exposed many issues affecting hospital workers 鈥� from burnout to scheduling problems. Virginia-based ShiftMed, a health care workforce marketplace, raised a $200 million round led by health care-focused to tackle some of those issues. Through an automated scheduling platform, the startup connects 35,000 full-time nurses with hospitals and at-home care companies that need last-minute extra support. Founded in 2019, the company has raised $245 million, per SA国际传媒.

3. , $100M, digital media: Washington, D.C.-based Vox Media, which owns publications such as and , raised $100 million in new funding this week from , as reported by . Los Angeles-based Penske will take a 20% stake in Vox 鈥� per the report 鈥� suggesting Vox Media is valued at $500 million. Vox previously had been valued at $1 billion back in 2015 when it raised a $200 million Series F 鈥� but the digital media landscape was much different back then. The media firm now has raised more than $400 million from investors, according to SA国际传媒.

4. , $65M, media: We鈥檝e all sat in a doctor鈥檚 room, staring blankly at a television screen waiting for our names to be called. Atmosphere is one of the providers of those streaming channels you are watching to kill that time, and the Austin, Texas-based startup closed a $65 million Series D that values it at $1 billion. The round was led by , and . Atmosphere, which provides streaming TV entertainment for other types of businesses such as and , more than doubled its customer count last year. Founded in 2019, the company has raised nearly $214 million, per SA国际传媒.

5. , $64.4M, crypto: The fallout from continues. Denver-based crypto lender Salt closed a $64.4 million Series A from accredited investors this week, it was . The startup paused business after the collapse of FTX. After Salt announced the business stoppage, online investing platform backed out of buying the company. Founded in 2016, the company offers blockchain-backed loans where cryptocurrency is used as collateral.

6. , $62M, biotech: Cambridge, Massachusetts-based Garuda Therapeutics, a developer of blood stem cell-based cellular therapies, raised a $62 million Series B led by , , and . Founded in 2021, Garuda has now raised $134 million, according to the company.

7. , $55M, drones: Santa Monica, California-based drone startup Zeitview 鈥� formerly DroneBase 鈥� closed a $55 million round led by . Founded in 2014, the company has now raised $114 million, per SA国际传媒.

8. , $51M, database: San Francisco-based InfluxData, the developer of an open source time series database, closed a $51 million Series E led by new investors and . The startup also announced a new $30 million debt facility. Founded in 2012, InfluxData has now raised $171 million, per the company.

To round out the list, six California-based companies raised $50 million rounds this week 鈥� Santa Clara-based , Campbell-based , La Jolla-based , and a trio of San Jose-based startups, , and .

Big global deals

Here鈥檚 a quick look at some large rounds from outside the U.S., including one to a semiconductor firm.

• China-based , a semiconductor silicon carbide epitaxial wafer manufacturer, raised a venture round worth approximately $176 million.
• Saudi Arabia-based , an online flowers and gifts e-commerce platform, raised a $156 million Series C.

Methodology

We tracked the largest announced rounds in the SA国际传媒 database that were raised by U.S.-based companies for the seven-day period of Feb. 4 to 10. 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.

Illustration: Dom Guzman