The Week’s 10 Biggest Funding Rounds: Physical AI And Predictions Lead The Lineup
This week featured a robust lineup of large rounds, led by manufacturing startup Re:Build, which closed on $2.1 billion, and predictions marketplace Kalshi, which picked up another $1 billion.
This week's top 10 largest U.S. startup funding rounds showcased a diverse array of sectors, ranging from manufacturing to enterprise AI. The week began with manufacturing firm Re:Build, which secured a monumental $2.1 billion in new capital, led by venture capital firm General Catalyst and banking giant JPMorgan Chase. Following closely behind was predictions marketplace Kalshi, which raised an impressive $1 billion in its Series G financing round, led by Wellington Management and Sequoia Capital.
This round set a staggering $40 billion post-money valuation for the New York-based company, whose trading volume now exceeds $1 trillion annually.
Other notable funding rounds included Bedrock Robotics, a construction technology developer, which closed on $600 million in Series C funding led by CapitalG and Emergence Capital, pushing its valuation to $4.1 billion. Dren Bio, a biotech company focused on antibody therapeutics for cancer and autoimmune diseases, secured $350 million to advance trials for its blood cancer therapies, led by Juvia Group and Lightspeed Venture Partners.
Battery tech firm Group 14 Technologies, based in Woodinville, Washington, raised $169 million in Series D extension funding, with plans to expand into Europe via a production facility in Sagunto, Spain.
Two U.S. companies tied for fourth place, both securing $150 million in Series D funding: Firehawk Aerospace, a Dallas-based propulsion technology developer, and Serval, a San Francisco-based enterprise AI startup. Firehawk's valuation reached over $1.4 billion, while Serval's company reached a $3 billion valuation. General Compute, an AI cloud provider building infrastructure using Nvidia rivals' chips, picked up $100 million in Series A funding led by Blackbird and Abstract.
Foundry Robotics, a California-based startup focused on autonomous factories, secured $100 million in Series A funding led by Marlinspike. Hex Technologies, a data analytics startup leveraging AI-native platforms, closed on $100 million in new financing led by Peak XV and 137 Ventures.
Written by urgent.news from Crunchbase News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
