October 2023 saw notable funding rounds for U.S.-based startups across sectors like computer vision, AI, biotechnology, and healthcare. Top investments include Metropolis, Anthropic, and Electric Hydrogen, indicating confidence in the growth potential of emerging technologies.
In October 2023, notable funding rounds for U.S.-based startups spanned various sectors, including computer vision, artificial intelligence, biotechnology, and health care. Here are the top 10 significant funding rounds for the month:
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Metropolis, a Los Angeles-based computer vision parking startup, raised $1.1 billion. The funding was led by Eldridge and 3L Capital and included $1.05 billion through a Series C offering and $650 million in debt financing. The funds were used to acquire logistics firm SP Plus.
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Anthropic, an AI startup based in San Francisco and a rival to ChatGPT, secured $500 million from Google. This followed a prior deal with Amazon, potentially totaling investments up to $4 billion.
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Electric Hydrogen, an energy startup from Natick, Massachusetts, raised $380 million for its green hydrogen projects. Notable investors included Microsoft’s Climate Innovation Fund and BP Ventures.
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Main Street Health, based in Nashville, Tennessee, gathered $315 million to expand its value-based healthcare services in rural areas. The round was led by Oak HC/FT.
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Aiolos Bio, focused on asthma treatments, raised $245 million in a Series A round. Investors included Atlas Venture and Bain Capital Life Sciences.
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MapLight Therapeutics, a biotech firm developing treatments for neurological conditions, secured $225 million in a Series C round led by Novo Holdings.
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EVPassport, an automotive startup, raised $200 million from Northleaf Capital Partners to develop its app-free EV charging stations.
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Shield AI, specializing in defense and aerospace AI, gathered $200 million in a Series F round co-led by Riot Ventures and US Innovative Technology Fund.
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Headway, a New York-based mental health platform, raised $125 million in a Series C round led by Spark Capital.
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Iambic Therapeutics, a San Diego-based biotech firm, raised $100 million to advance therapeutics developed via AI.
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Island, a cybersecurity startup from Dallas, raised $100 million to enhance its enterprise browser.
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Pony.ai, an autonomous vehicle firm, obtained $100 million from the NEOM Investment Fund to develop autonomous vehicle technology in the Middle East/North Africa region.
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Prins AI, an AI startup from Lakewood, Colorado, raised $100 million for its AI digital identities platform.
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Stoke Space, a Dallas-based reusable rocket developer, raised $100 million in a Series B round led by Industrious Ventures.
These funding rounds highlight significant investments in diverse sectors, signaling confidence in the growth potential of these emerging technologies and solutions.
