The 22 Largest US Funding Rounds of May 2026

Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from May 2026. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.

22. Nourish $100.0M

Round: Series C
Description: New York-based Nourish provides insurance-covered online nutrition counseling with registered dietitians for weight management, diabetes, digestive health, eating disorders, and other conditions. Founded by Aidan Dewar, Sam Perkins, and Stephanie Liu in 2021, Nourish has now raised a total of $213.1M in total equity funding and is backed by Menlo Ventures, BoxGroup, Index Ventures, Thrive Capital, and TCV.
Investors in the round: Atomico, BoxGroup, Daybreak ventures, Index Ventures, J.P. Morgan Growth Equity Partners, Maverick Ventures, Menlo Ventures, Operator Partners, Thrive Capital, Y Combinator
Industry: Apps, Health Care, Nutrition, Telehealth
Founders: Aidan Dewar, Sam Perkins, Stephanie Liu
Founding year: 2021
Location: New York, New York
Total equity funding raised: $213.1M

22. HavocAI $100.0M

Round: Series A
Description: Providence-based HavocAI develops all-domain collaborative autonomy software for maritime and defense systems, enabling autonomous vessels and distributed mission operations. Founded by Joe Turner and Paul Lwin in 2024, HavocAI has now raised a total of $197.2M in total equity funding and is backed by Alumni Ventures, B Capital, Clear Street, Lockheed Martin, and Outlander VC.
Investors in the round: 1900 Wealth, B Capital, Boardman Bay Capital Management, Clear Street, Cobalt Capital, Cohen & Company Capital Markets, J.A. Green & Co., Lockheed Martin, meetperry, Mute Ventures, Outlander VC, SAIC, Scout Ventures, Soren Ventures, Taiwania Capital Management Corporation, The Veteran Fund, UP Partners, Vanderbilt University Office of Investments
Industry: Artificial Intelligence (AI), Manufacturing, Marine Technology, Military, Public Safety
Founders: Joe Turner, Paul Lwin
Founding year: 2024
Location: Providence, Rhode Island
Total equity funding raised: $197.2M

22. Thea Energy $100.0M

Round: Series B
Description: Kearny-based Thea Energy develops stellarator fusion systems designed to deliver practical commercial fusion power using advanced magnetic confinement technology. Founded by Brian Berzin and David Gates in 2022, Thea Energy has now raised a total of $120M in total equity funding and is backed by Alumni Ventures, Lowercarbon Capital, Hitachi Ventures, Gaingels, and Linse Capital.
Investors in the round: Alumni Ventures, Calm Ventures, Climate Capital, Divergent Capital, Emerald Technology Ventures, Gaingels, General Innovation Capital Partners, Hitachi Ventures, Idemitsu Kosan, Linse Capital, Lowercarbon Capital, Mercator Partners, Orion Industrial Ventures, Overlay Capital, Prelude Ventures, Starlight Ventures, Timescale Ventures, US Innovative Technology Fund, What If Ventures
Industry: Clean Energy, Energy, Renewable Energy
Founders: Brian Berzin, David Gates
Founding year: 2022
Location: Kearny, New Jersey
Total equity funding raised: $120.0M

22. Garner Health $100.0M

Round: Series E
Description: New York-based Garner Health uses doctor quality analytics to help employers guide members to high-performing providers and reduce healthcare costs. Founded by Nick Reber in 2019, Garner Health has now raised a total of $320M in total equity funding and is backed by BoxGroup, Sequoia Capital, Founders Fund, Index Ventures, and Thrive Capital.
Investors in the round: Founders Fund, Index Ventures, Kaiser Permanente Ventures, Kleiner Perkins, Redpoint, Sequoia Capital, Thrive Capital
Industry: Big Data, Business Intelligence, Employee Benefits, Health Care, Software
Founders: Nick Reber
Founding year: 2019
Location: New York, New York
Total equity funding raised: $320.0M

21. Corgi Insurance $106.0M

Round: Series B
Description: San Francisco-based Corgi Insurance provides startup-focused business insurance, helping technology companies quote, bind, and manage coverage online. Founded by Emily Yuan and Nico Laqua in 2024, Corgi Insurance has now raised a total of $374.5M in total equity funding and is backed by Alumni Ventures, TCV, SV Angel, Y Combinator, and Gold House.
Investors in the round: 8188 Capital, First Order Fund, GSBackers, Kindred Ventures, Leblon Capital, Nordstar, Oliver Jung, Prime Capital, Quadri, Repeat Ventures, TCV, Vocal Ventures, Zone II Ventures
Industry: Artificial Intelligence (AI), Financial Services, Insurance, InsurTech
Founders: Emily Yuan, Nico Laqua
Founding year: 2024
Location: San Francisco, California
Total equity funding raised: $374.5M

Get NYC’s daily tech and startup news delivered to your inbox

Subscribe for Free

20. Deep Infra $107.0M

Round: Series B
Description: Palo Alto-based Deep Infra provides serverless inference infrastructure and APIs for running open-source machine learning models at scale. Founded by Georgios Papoutsis, Nikola Borisov, and Yessen Kanapin in 2022, Deep Infra has now raised a total of $153.6M in total equity funding and is backed by NVIDIA, 500 Global, Felicis, Samsung NEXT, and SignalRank.
Investors in the round: 500 Global, A.Capital Ventures, BrightCap Ventures, Crescent Cove Advisors, Felicis, Georges Harik, NVIDIA, Peak 6, Samsung NEXT, SignalRank, Supermicro, Upper90
Industry: Artificial Intelligence (AI), Developer APIs, IT Infrastructure, Machine Learning
Founders: Georgios Papoutsis, Nikola Borisov, Yessen Kanapin
Founding year: 2022
Location: Palo Alto, California
Total equity funding raised: $153.6M

19. SendCutSend $110.0M

Round: Series A
Description: Reno-based SendCutSend provides online custom manufacturing services for sheet metal fabrication, laser cutting, CNC routing, bending, finishing, and rapid part production. Founded by Jim Belosic in 2018, SendCutSend has now raised a total of $110M in total equity funding and is backed by Sequoia Capital, Paradigm, Patrick Collison, and John Collison.
Investors in the round: John Collison, Paradigm, Patrick Collison, Sequoia Capital
Industry: Industrial Automation, Laser, Made to Order, Manufacturing, Robotics
Founders: Jim Belosic
Founding year: 2018
Location: Reno, Nevada
Total equity funding raised: $110.0M

18. OpenRouter $113.0M

Round: Series B
Description: New York-based OpenRouter provides a unified API and marketplace that lets developers access, route, compare, and manage large language models from multiple AI providers. Founded by Alex Atallah, Chris Clark, and Louis Vichy in 2023, OpenRouter has now raised a total of $153M in total equity funding and is backed by Andreessen Horowitz, Menlo Ventures, Sequoia Capital, Transpose Platform Management, and NVentures.
Investors in the round: Andreessen Horowitz, CapitalG, Databricks Ventures, Menlo Ventures, MongoDB Ventures, NVentures, ServiceNow Ventures, Snowflake Ventures
Industry: Artificial Intelligence (AI), Information Technology, Software
Founders: Alex Atallah, Chris Clark, Louis Vichy
Founding year: 2023
Location: New York, New York
Total equity funding raised: $153.0M

17. CREATE Medicines $122.0M

Round: Series B
Description: Cambridge-based CREATE Medicines develops in vivo CAR therapies using mRNA-LNP delivery and targeted receptor technologies to program immune cells inside the body. Founded by Daniel Getts, Ronald Vale, Siddhartha Mukherjee, Thomas Cahill, and Yuxiao Wang in 2019, CREATE Medicines has now raised a total of $245M in total equity funding and is backed by ARCH Venture Partners, 8VC, Hatteras Venture Partners, Alexandria Venture Investments, and Newpath Management.
Investors in the round: Alexandria Venture Investments, ARCH Venture Partners, Hatteras Venture Partners, Newpath Management
Industry: Biotechnology, Life Science, Therapeutics
Founders: Daniel Getts, Ronald Vale, Siddhartha Mukherjee, Thomas Cahill, Yuxiao Wang
Founding year: 2019
Location: Cambridge, Massachusetts
Total equity funding raised: $245.0M

16. Exaforce $125.0M

Round: Series B
Description: San Jose-based Exaforce develops an agentic security operations platform and managed detection and response service that uses AI to investigate alerts and automate SOC workflows. Founded by Ankur Singla in 2023, Exaforce has now raised a total of $200M in total equity funding and is backed by Peak XV Partners, Khosla Ventures, HarbourVest Partners, Mayfield Fund, and Touring Capital.
Investors in the round: AICONIC Ventures, HarbourVest Partners, Khosla Ventures, Mayfield Fund, Peak XV Partners, Seligman Ventures
Industry: Agentic AI, Artificial Intelligence (AI), Cloud Security, Cyber Security
Founders: Ankur Singla
Founding year: 2023
Location: San Jose, California
Total equity funding raised: $200.0M

16. Reserv $125.0M

Round: Series C
Description: New York-based Reserv provides a technology-enabled third-party claims administration platform for MGAs and carriers, combining P&C claims operations, analytics, reporting, and AI-driven workflows. Founded by CJ Przybyl, Martha Dreiling, and Oleg Ilichev in 2022, Reserv has now raised a total of $209.1M in total equity funding and is backed by 8VC, Flourish Ventures, Bain Capital Ventures, Anthemis, and Convex Group.
Investors in the round: Bain Capital Ventures, Flourish Ventures, Kohlberg Kravis Roberts & Co.
Industry: Artificial Intelligence (AI), FinTech, Insurance, Property Insurance
Founders: CJ Przybyl, Martha Dreiling, Oleg Ilichev
Founding year: 2022
Location: New York, New York
Total equity funding raised: $209.1M

15. Panthalassa $140.0M

Round: Series B
Description: Portland-based Panthalassa develops ocean-based renewable energy systems designed to generate clean power from offshore environments. Founded by Garth Sheldon-Coulson in 2021, Panthalassa has now raised a total of $140M in total equity funding and is backed by Founders Fund, Lowercarbon Capital, Gigascale Capital, Sozo Ventures, and Supermicro.
Investors in the round: Anthony Pratt, Dolik Ventures, Dylan Field, Fortescue Capital, Founders Fund, Future Positive, Gigascale Capital, Hanwha, John Doerr, Leblon Capital, Lowercarbon Capital, Marc Benioff, Nimble Partners, Peter Thiel, PlanetaryVC, Portland Seed Fund, Resilience Reserve, SciFi VC, Sozo Ventures, Supermicro, Susquehanna Sustainable Investments, Time Ventures, Unless, Western Technology Investment, WovenEarth Ventures
Industry: Energy, Renewable Energy, Sustainability
Founders: Garth Sheldon-Coulson
Founding year: 2021
Location: Portland, Oregon
Total equity funding raised: $140.0M

14. Vi Labs $145.7M

Round: Venture
Description: New York-based Vi Labs provides enterprise AI for healthcare and life sciences organizations, helping teams automate workflows, analyze data, and execute operational processes. Founded by Omri Yoffe in 2011, Vi Labs has now raised a total of $184.7M in total equity funding and is backed by General Atlantic, Revelstoke Capital Partners, Island Green Capital, Savano Capital Partners, and Square Peg Capital.
Investors in the round: General Atlantic, Island Green Capital, Pritzker Group Venture Capital, Revelstoke Capital Partners, Savano Capital Partners, Square Peg Capital
Industry: Agentic AI, AI Infrastructure, Enterprise, Enterprise Software, Fitness, Generative AI, Health Care, Life Science, Pharmaceutical, Wellness
Founders: Omri Yoffe
Founding year: 2011
Location: New York, New York
Total equity funding raised: $184.7M

13. Farther $150.0M

Round: Series D
Description: San Francisco-based Farther provides an intelligent wealth management platform that combines financial advisors, investment management, planning tools, and technology-enabled client service. Founded by Brad Genser and Taylor Matthews in 2019, Farther has now raised a total of $268M in total equity funding and is backed by General Atlantic, Lightspeed Venture Partners, Khosla Ventures, Bessemer Venture Partners, and Cota Capital.
Investors in the round: General Atlantic
Industry: Consulting, Finance, Financial Services, FinTech, Wealth Management
Founders: Brad Genser, Taylor Matthews
Founding year: 2019
Location: San Francisco, California
Total equity funding raised: $268.0M

12. RADAR $170.0M

Round: Series B
Description: New York-based RADAR provides RFID-powered retail technology that gives stores real-time item-level inventory visibility, analytics, and operational automation. Founded by Adam Blair, Michael E. Murphy, and Spencer Hewett in 2013, RADAR has now raised a total of $217M in total equity funding and is backed by Y Combinator, Nimble Partners, Colle Capital Partners, NTT DOCOMO Ventures, and Gideon Strategic Partners.
Investors in the round: Align Ventures, Gideon Strategic Partners, Nimble Partners
Industry: Computer Vision, E-Commerce, Retail, Retail Technology, RFID
Founders: Adam Blair, Michael E. Murphy, Spencer Hewett
Founding year: 2013
Location: New York, New York
Total equity funding raised: $217.0M

11. Mercury $200.0M

Round: Series D
Description: San Francisco-based Mercury provides online banking, corporate cards, treasury, expense management, and financial workflow tools for startups and growing companies. Founded by Immad Akhund, Jason Zhang, and Max Tagher in 2017, Mercury has now raised a total of $657.1M in total equity funding and is backed by Andreessen Horowitz, Sequoia Capital, SV Angel, TCV, and Coatue.
Investors in the round: Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, Spark Capital, TCV
Industry: Accounting, Banking, Credit Cards, Financial Services, FinTech
Founders: Immad Akhund, Jason Zhang, Max Tagher
Founding year: 2017
Location: San Francisco, California
Total equity funding raised: $657.1M

11. Blitzy $200.0M

Round: Series A
Description: Boston-based Blitzy develops an autonomous software development platform that uses generative AI agents to plan, build, test, and deploy custom software. Founded by Brian Elliott and Siddhant Pardeshi in 2023, Blitzy has now raised a total of $210.4M in total equity funding and is backed by Bessemer Venture Partners, Northzone, Battery Ventures, Link Ventures, and PSG.
Investors in the round: Bal Brothers Ventures, Battery Ventures, Defiant, Erie Strategic Ventures, Flybridge, Jump Capital, Liberty Mutual Strategic Ventures, Link Ventures, Morgan Creek Digital, NFX, Northzone, Picus Capital, PSG, Venture Guides
Industry: Artificial Intelligence (AI), Developer Tools, Enterprise Software, Generative AI, Software
Founders: Brian Elliott, Siddhant Pardeshi
Founding year: 2023
Location: Boston, Massachusetts
Total equity funding raised: $210.4M

10. Armada $230.0M

Round: Series B
Description: San Francisco-based Armada provides edge computing infrastructure that combines connectivity, compute, data management, and AI deployment for remote and industrial environments. Founded by Dan Wright, Jonathan Runyan, and Jonathan Runyan in 2022, Armada has now raised a total of $469M in total equity funding and is backed by Founders Fund, BlackRock, Lux Capital, SV Angel, and 137 Ventures.
Investors in the round: 8090 Industries, BlackRock, Felicis, Founders Fund, Glade Brook Capital Partners, Johnson Controls, Lux Capital, Marlinspike Capital, Mitsui & Co, NightDragon, Nomi Capital, Overmatch Ventures, Shield Capital, SignalRank, Silent Ventures, Singtel Innov8, Veriten
Industry: Artificial Intelligence (AI), Cloud Computing, Data Center, Procurement, Satellite Communication, Software
Founders: Dan Wright, Jonathan Runyan, Jonathan Runyan
Founding year: 2022
Location: San Francisco, California
Total equity funding raised: $469.0M

9. Exa $250.0M

Round: Series C
Description: San Francisco-based Exa provides a web search API, website crawler, and deep research tools built for AI agents and applications that need accurate web context. Founded by Jeffrey Wang and Will Bryk in 2021, Exa has now raised a total of $357M in total equity funding and is backed by Andreessen Horowitz, Lightspeed Venture Partners, NVIDIA, Y Combinator, and Benchmark.
Investors in the round: Andreessen Horowitz, QuantumLight
Industry: Artificial Intelligence (AI), Developer APIs, Generative AI, Search Engine, Software
Founders: Jeffrey Wang, Will Bryk
Founding year: 2021
Location: San Francisco, California
Total equity funding raised: $357.0M

9. Stord $250.0M

Round: Series F
Description: Atlanta-based Stord provides commerce enablement software, fulfillment, transportation, and logistics infrastructure for omnichannel brands. Founded by Jacob Boudreau and Sean Henry in 2015, Stord has now raised a total of $655M in total equity funding and is backed by Franklin Templeton, BoxGroup, Founders Fund, B Capital, and Lux Capital.
Investors in the round: Baillie Gifford, Bond, Founders Fund, Franklin Templeton, G Squared, Kleiner Perkins, Lux Capital, Strike Capital
Industry: E-Commerce, Freight Service, Last Mile Transportation, Logistics, SaaS, Supply Chain Management
Founders: Jacob Boudreau, Sean Henry
Founding year: 2015
Location: Atlanta, Georgia
Total equity funding raised: $655.0M

8. Cowboy Space $275.0M

Round: Series B
Description: San Carlos-based Cowboy Space develops orbital data centers that use solar power and space-based infrastructure to support AI computing beyond Earth. Founded by Baiju Bhatt in 2024, Cowboy Space has now raised a total of $325M in total equity funding and is backed by Andreessen Horowitz, Index Ventures, Construct Capital, IVP, and New Enterprise Associates.
Investors in the round: Andreessen Horowitz, Baiju Bhatt, Blossom Capital, Breakthrough Energy Ventures, Construct Capital, Index Ventures, Interlagos Capital, IVP, NEA, SAIC, SignalRank
Industry: Aerospace, AI Infrastructure, Artificial Intelligence (AI), Energy
Founders: Baiju Bhatt
Founding year: 2024
Location: San Carlos, California
Total equity funding raised: $325.0M

7. Decart $300.0M

Round: Venture
Description: San Francisco-based Decart develops real-time AI world models that generate interactive video, simulations, and immersive digital environments. Founded by Dean Leitersdorf and Moshe Shalev in 2023, Decart has now raised a total of $456M in total equity funding and is backed by NVIDIA, Sequoia Capital, Radical Ventures, Quiet Capital, and Valor Equity Partners.
Investors in the round: Adobe Ventures, Andrej Karpathy, Atreides Management, Benchmark, eBay Ventures, Manhattan Venture Partners (MVP), Michael Eisner, Moritz Baier-Lentz, NVIDIA, Radical Ventures, Sequoia Capital, Toyota Ventures, Valor Equity Partners, Yamauchi-No.10 Family Office, Zeev Ventures
Industry: AI Infrastructure, Artificial Intelligence (AI), Consumer, Gaming, Generative AI, IT Infrastructure, Real Time
Founders: Dean Leitersdorf, Moshe Shalev
Founding year: 2023
Location: San Francisco, California
Total equity funding raised: $456.0M

7. Amca $300.0M

Round: Series B
Description: El Segundo-based Amca acquires and develops aerospace and defense manufacturing suppliers that produce mission-critical aircraft components and engineered parts. Founded by Eli Giovanetti and Jai Malik in 2024, Amca has now raised a total of $376.5M in total equity funding and is backed by Andreessen Horowitz, Lightspeed Venture Partners, Founders Fund, Lux Capital, and Construct Capital.
Investors in the round: Andreessen Horowitz, Caffeinated Capital, Construct Capital, House Capital, Lightspeed Venture Partners, Lux Capital, SignalRank, Silent Ventures, Strike Capital
Industry: Aerospace, Industrial, Manufacturing, Supply Chain Management
Founders: Eli Giovanetti, Jai Malik
Founding year: 2024
Location: El Segundo, California
Total equity funding raised: $376.5M

7. Astranis $300.0M

Round: Series E
Description: San Francisco-based Astranis develops small geostationary communications satellites designed to provide dedicated broadband capacity for commercial, government, and mobility customers. Founded by John Gedmark and Ryan McLinko in 2015, Astranis has now raised a total of $1B in total equity funding and is backed by Franklin Templeton, Andreessen Horowitz, BoxGroup, BlackRock, and Lux Capital.
Investors in the round: Andreessen Horowitz, Baillie Gifford, BAM Elevate, BlackRock Private Equity Partners, Fidelity, Franklin Templeton, Friends & Family Capital, Nimble Partners, Snowpoint Ventures
Industry: Aerospace, GPS, Internet, Satellite Communication, Telecommunications
Founders: John Gedmark, Ryan McLinko
Founding year: 2015
Location: San Francisco, California
Total equity funding raised: $1.0B

6. Modal Labs $355.0M

Round: Series C
Description: New York-based Modal Labs provides serverless cloud infrastructure for running AI, machine learning, data processing, batch jobs, and web services without managing servers. Founded by Akshat Bubna and Erik Bernhardsson in 2021, Modal Labs has now raised a total of $465.5M in total equity funding and is backed by General Catalyst, Menlo Ventures, Accel, Gaingels, and Quiet Capital.
Investors in the round: Accel, Bain Capital Ventures, General Catalyst, Menlo Ventures, Redpoint
Industry: AI Infrastructure, Cloud Computing, Cloud Data Services, Information Technology, Software, Web Development
Founders: Akshat Bubna, Erik Bernhardsson
Founding year: 2021
Location: New York, New York
Total equity funding raised: $465.5M

Join thousands of NYC tech leaders who start their day with AlleyWatch

Subscribe for Free

5. Mind Robotics $400.0M

Round: Venture
Description: Palo Alto-based Mind Robotics develops AI-powered robotics systems for industrial and manufacturing environments. Founded by Robert Scaringe in 2025, Mind Robotics has now raised a total of $1B in total equity funding and is backed by Andreessen Horowitz, Accel, SV Angel, Eclipse, and Kleiner Perkins.
Investors in the round: A*, Accel, Andreessen Horowitz, Bain Capital Ventures, Eclipse, Garuda Ventures, Greenoaks, Incharge Capital Partners, Kleiner Perkins, Meritech Capital Partners, Prysm Capital, Redpoint, SV Angel
Industry: Artificial Intelligence (AI), Machine Learning, Robotics
Founders: Robert Scaringe
Founding year: 2025
Location: Palo Alto, California
Total equity funding raised: $1.0B

4. Hark $700.0M

Round: Series A
Description: San Jose-based Hark develops personalized AI systems that combine generative AI software and hardware to create adaptive, context-aware user experiences. Founded by Brett Adcock in 2025, Hark has now raised a total of $700M in total equity funding and is backed by NVIDIA, Salesforce Ventures, Brookfield, FJ Labs, and Tamarack Global.
Investors in the round: Adam E. Gordon, Align Ventures, AMD Ventures, Apex Capital Holdings, ARK Investment Management, Brookfield, FJ Labs, Greycroft, Intel Capital, Karman Ventures, NVIDIA, Parkway Venture Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, Shane Neman, Tamarack Global
Industry: Artificial Intelligence (AI), Data Integration, Generative AI
Founders: Brett Adcock
Founding year: 2025
Location: San Jose, California
Total equity funding raised: $700.0M

3. Sierra $950.0M

Round: Series E
Description: San Francisco-based Sierra provides an Agent OS that helps enterprises build, deploy, personalize, and optimize AI agents across chat, voice, email, messaging, and other customer experience channels. Founded by Bret Taylor and Clay Bavor in 2023, Sierra has now raised a total of $1.6B in total equity funding and is backed by Sequoia Capital, Thrive Capital, SV Angel, Greenoaks, and Benchmark.
Investors in the round: Benchmark, Google Ventures, Greenoaks, Sequoia Capital, Tiger Global Management
Industry: Artificial Intelligence (AI), Enterprise Software, SaaS, Software
Founders: Bret Taylor, Clay Bavor
Founding year: 2023
Location: San Francisco, California
Total equity funding raised: $1.6B

2. Cognition $1.0B

Round: Series D
Description: San Francisco-based Cognition develops Devin, an autonomous AI software engineer that can plan, write, test, debug, and ship production code inside existing engineering workflows. Founded by Russell Kaplan, Scott Wu, Steven Hao, and Walden Yan in 2023, Cognition has now raised a total of $1.9B in total equity funding and is backed by General Catalyst, Founders Fund, Khosla Ventures, South Park Commons, and Pear VC.
Investors in the round: 137 Ventures, 8VC, Alpha Wave Global, Atreides Management, Avenir, Bain Capital Ventures, Conversion Capital, Definition, Elad Gil, Founders Fund, General Catalyst, Layer Global, Lux Capital, Omri Casspi, Positive Sum, Ribbit Capital, Soma Capital, Vitruvian Partners
Industry: Artificial Intelligence (AI), Foundational AI, Generative AI, Information Technology, Internet
Founders: Russell Kaplan, Scott Wu, Steven Hao, Walden Yan
Founding year: 2023
Location: San Francisco, California
Total equity funding raised: $1.9B

1. Anduril Industries $5.0B

Round: Series H
Description: Costa Mesa-based Anduril Industries develops defense technology across autonomous systems, AI-powered command and control, air defense, counter-drone, maritime, and surveillance platforms for military and national security customers. Founded by Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, and Trae Stephens in 2017, Anduril Industries has now raised a total of $11.4B in total equity funding and is backed by Andreessen Horowitz, General Catalyst, Lightspeed Venture Partners, Founders Fund, and Craft Ventures.
Investors in the round: Andreessen Horowitz, EquiTie, Founders Fund, Lux Capital, Thrive Capital
Industry: Aerospace, Artificial Intelligence (AI), Drones, Government, Military, National Security
Founders: Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, Trae Stephens
Founding year: 2017
Location: Costa Mesa, California
Total equity funding raised: $11.4B