Looking at the largest US startup funding rounds from January 2025, leveraging data from CrunchBase, we’ve analyzed the most significant venture capital deals of the month. Beyond the raw funding numbers, this month’s analysis includes detailed information about each company’s industry focus, founding team, business model, and total funding history to provide deeper context about these high-growth ventures
Interested in the top NYC Startup Fundings? – The Largest NYC Startup Funding Rounds of December 2024
Interested in the top LA Startup Fundings? – The Largest LA Startup Funding Rounds for December 2024
Interested in the top London Startup Funding? – The Largest London Startups Funding Rounds of December 2022
Interested in the top US Startup Funding? – The Largest US Startups Funding Rounds of December 2024
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
8. Heirloom $150.0M
Round: Series B
Description: Brisbane-based Heirloom is a provider of direct air capture technology to enhance the natural process of CO2 absorption from the atmosphere.Noah McQueen and Shashank Samala in 2020, Heirloom has now raised a total of $203.0M in total equity funding and is backed by National Science Foundation, Lowercarbon Capital, Breakthrough Energy Ventures, Breyer Capital, and XPRIZE.
Investors in the round: Ahren Innovation Capital, Breakthrough Energy Ventures, Carbon Direct Capital, Future Positive, H&M Group Ventures, Japan Airlines (JAL), Lowercarbon Capital, MCJ, Mitsubishi Corporation (Americas), Mitsui & Co., MOL Switch, Quantum Energy Partners, Siemens Financial Services
Industry: Carbon Capture, Mineral, Mining Technology
Founders: Noah McQueen, Shashank Samala
Founding year: 2020
Location: Brisbane
Total equity funding raised: $203.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
7. Nscale $155.0M
Round: Series A
Description: London-based Nscale is an AI GPU cloud platform that provides scale computing to the generative AI market.Joshua Payne in 2023, Nscale has now raised a total of $185.0M in total equity funding and is backed by Sandton Capital Partners, Kestrel 0x1, Florence Capital, and Bluesky Capital.
Investors in the round: Bluesky Capital, Florence Capital, Kestrel 0x1, Sandton Capital Partners
Industry: Artificial Intelligence (AI), GPU, Information Technology, Internet, Telecommunications
Founders: Joshua Payne
Founding year: 2023
Location: London
Total equity funding raised: $185.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
7. Ayar Labs $155.0M
Round: Series D
Description: San Jose-based Ayar Labs develops optical I/O solutions for large-scale AI workloads to accelerate data movement within AI systems.Alex Wright-Gladstein, Chen Sun, Mark Wade, Milos Popovic, Rajeev Ram, and Vladimir Stojanovic in 2015, Ayar Labs has now raised a total of $371.5M in total equity funding and is backed by NVIDIA, National Science Foundation, Intel Capital, Advent International, and Alumni Ventures.
Investors in the round: 3M New Ventures, Advent International, AMD Ventures, Applied Ventures, Autopilot, AXIAL Partners, Boardman Bay Capital Management, GlobalFoundries, IAG Capital Partners, Intel Capital, Light Street Capital, Lockheed Martin Ventures, NVIDIA, Playground Global, VentureTech Alliance
Industry: Computer, Hardware, Information Technology, Semiconductor
Founders: Alex Wright-Gladstein, Chen Sun, Mark Wade, Milos Popovic, Rajeev Ram, Vladimir Stojanovic
Founding year: 2015
Location: San Jose
Total equity funding raised: $371.5M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
6. 1Komma5° €150.0M
Round: Venture
Description: Hamburg-based 1Komma5° is an electricity company offering free electricity to all electric vehicle owners financed through trading using GHG quotas.Jannik Schall, Micha Grueber, Michael Hinderer, Philip Liesenfeld, and Philipp Schroder in 2021, 1Komma5° has now raised a total of €600.0M in total equity funding and is backed by Deutsche Bank, Norrsken VC, Hamilton Lane, BNP Paribas, and Eurazeo.
Investors in the round: 2150, b2venture, CalSTRS, eCapital, Eurazeo, G2 Venture Partners, Hamilton Lane, Norrsken VC
Industry: Manufacturing, Renewable Energy, Semiconductor
Founders: Jannik Schall, Micha Grueber, Michael Hinderer, Philip Liesenfeld, Philipp Schroder
Founding year: 2021
Location: Hamburg
Total equity funding raised: €600.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
5. Cadena $183.0M
Round: Series B
Description: Dubai-based Cadena is a hybrid solution for overseas growth. Cadena combines local sales, AI-driven prospecting tools and CadenaPay invoice factoring.Sid Dhamija and Yusuf Al Hasan in 2017, Cadena has now raised a total of $258.3M in total equity funding and is backed by LPL Financial, Gaorong Capital, NTEC, China Equity, and Yusuf Al Hasan.
Investors in the round: ADCN, China Equity, NTEC, Yusuf Al Hasan
Industry: Business Development, Database, Financial Services, FinTech, Information Technology, Software, Supply Chain Management
Founders: Sid Dhamija, Yusuf Al Hasan
Founding year: 2017
Location: Dubai
Total equity funding raised: $258.3M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
4. Zest AI $200.0M
Round: Series G
Description: Burbank-based Zest AI is an AI lending technology company that leverages machine learning technology to enhance credit underwriting processes.Douglas Merrill, Mike de Vere, and Shawn Budde in 2009, Zest AI has now raised a total of $357.7M in total equity funding and is backed by VyStar Credit Union, Lightspeed Venture Partners, Insight Partners, Upfront Ventures, and Suncoast Credit Union.
Investors in the round: Insight Partners
Industry: Artificial Intelligence (AI), Big Data, Financial Services, FinTech, Machine Learning, SaaS
Founders: Douglas Merrill, Mike de Vere, Shawn Budde
Founding year: 2009
Location: Burbank
Total equity funding raised: $357.7M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
3. Tyme Group $250.0M
Round: Series D
Description: Singapore-based Tyme Group provides digital banking services for consumers and SMEs in emerging markets.Coen Jonker and Tjaart van der Waalt in 2018, Tyme Group has now raised a total of $566.8M in total equity funding and is backed by African Rainbow Capital, Bossa Invest, Tencent, Nubank, and M&G Investments.
Investors in the round: African Rainbow Capital, Apis Growth Fund, Blue Earth Capital, British International Investment, Ethos Capital Partners, Gokongwei Group, Lavender Hill Capital Partners, M&G Investments, Norrsken22, Nubank, Tencent
Industry: Banking, Financial Services, FinTech
Founders: Coen Jonker, Tjaart van der Waalt
Founding year: 2018
Location: Singapore
Total equity funding raised: $566.8M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
3. Liquid AI $250.0M
Round: Series A
Description: Cambridge-based Liquid AI develops artificial intelligence solutions for data analysis and decision-making across various industries.Alexander Amini, Daniela Rus, Mathias Lechner, and Ramin Hasani in 2023, Liquid AI has now raised a total of $293.2M in total equity funding and is backed by Automattic, Samsung NEXT, Latham & Watkins, Breyer Capital, and AMD Ventures.
Investors in the round: AMD Ventures, Duke Capital Partners, OSS Capital L.P., The Pags Group
Industry: Artificial Intelligence (AI), Generative AI, Information Technology, Machine Learning
Founders: Alexander Amini, Daniela Rus, Mathias Lechner, Ramin Hasani
Founding year: 2023
Location: Cambridge
Total equity funding raised: $293.2M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
2. Perplexity $500.0M
Round: Series D
Description: San Francisco-based Perplexity is an AI-powered search and answer platform designed to provide real-time responses to user queries.Andy Konwinski, Aravind Srinivas, Denis Yarats, and Johnny Ho in 2022, Perplexity has now raised a total of $665.0M in total equity funding and is backed by NVIDIA, Bossa Invest, Bessemer Venture Partners, New Enterprise Associates, and Wayra.
Investors in the round: IVP, Shane Neman, SoftBank Vision Fund, Uma Ventures, Wayra
Industry: Artificial Intelligence (AI), Chatbot, Generative AI, Machine Learning, Natural Language Processing, Search Engine
Founders: Andy Konwinski, Aravind Srinivas, Denis Yarats, Johnny Ho
Founding year: 2022
Location: San Francisco
Total equity funding raised: $665.0M
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
1. Tenstorrent $693.0M
Round: Series D
Description: Santa Clara-based Tenstorrent develops advanced AI hardware and software solutions for data processing and machine learning application. Founded by Ivan Hamer, Ljubisa Bajic, and Milos Trajkovic in 2016, Tenstorrent has now raised a total of $1.0B in total equity funding and is backed by Export Development Canada, LG Electronics, Creative Destruction Lab (CDL), Fidelity, and Eclipse Ventures.
Investors in the round: AFW Partners, Baillie Gifford, Bezos Expeditions, Corner Capital Management, Export Development Canada, Fidelity, Healthcare of Ontario Pension Plan (HOOPP), Hyundai Motor Group, LG Electronics, MESH, Samsung Securities, XTX Markets
Industry: Application Specific Integrated Circuit (ASIC), Artificial Intelligence (AI), Electronics, Machine Learning, Semiconductor
Founders: Ivan Hamer, Ljubisa Bajic, Milos Trajkovic
Founding year: 2016
Location: Santa Clara
Total equity funding raised: $1.0B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (New York Tech, London Tech, LA Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility piece like this, which will be read by the vast majority of key decision-makers in the global business community and beyond. Learn more about how a digital campaign will return your investment here.
