This week witnessed a surge in startup funding rounds in the United States, predominantly driven by the artificial intelligence sector. Leading the pack was Baseten, an AI inference technology provider, which secured a whopping $1.5 billion in Series F funding, marking its fourth fundraising effort in just 18 months. The round was co-led by major investors including Altimeter Capital and Wellington Management, setting the company’s valuation at $13 billion. Other notable deals include AppsFlyer’s $1 billion Series E round for its digital marketing data analytics platform and Groq’s $650 million funding to enhance its AI inference cloud technology. Biotech also emerged as a significant sector, with Ollin Biosciences raising $330 million for ophthalmic therapies. The week further saw substantial investments in foundational AI, government software, and risk intelligence platforms, highlighting a diverse range of technological advancements. Meanwhile, European startups Stark and Alan also secured significant funding, reinforcing the global momentum in tech innovation.
What are the week’s biggest funding rounds driven by AI?
