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Funding Wrap of the Week | American Startups Funding Roundup | August 5 – August 9

There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals of this week. Let’s talk about the Top 10 Funding deals. 

There are a lot of American startups funding deals that are creating buzz around the startup ecosystem. These are the growth-stage and early-stage deals of this week. Let’s talk about the Top 10 Funding deals. 

The Top 10 American Startups Funding Deals

Groq

Groq, a leader in fast AI inference, has secured a $640M Series D round at a valuation of $2.8B. The round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors, including Neuberger Berman and Type One Ventures, and strategic investors, including Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, and Samsung Catalyst Fund.

Flyr

FLYR, the technology company that unlocks freedom to innovate for the travel industry, announced a $295 million capital raise to accelerate the delivery of modern reservation systems, elevate digital channels, and enable AI-based decision automation for the world’s largest airlines and hospitality brands.

Abnormal Security

Abnormal Security, the leader in AI-native human behavior security, announced the close of its Series D funding round, with total expected proceeds of $250 million at a $5.1 billion valuation.

Shinobi Therapeutics

Shinobi Therapeutics, the biotechnology company developing a new class of immune evasive iPS cell therapies has been awarded up to $59M in non-dilutive grant funding by the Japanese Agency for Medical Research and Development (AMED).

Muon Space

Muon Space, an end-to-end space systems provider that designs, builds, and operates mission-tailored low-earth orbit (LEO) satellite constellations, is proud to announce the successful completion of a $56.7 million Series B funding round led by Activate Capital.

Red Queen Therapeutics

Existing and emerging viral threats endanger all of us, but people with impaired immune systems are at substantially greater risk. Red Queen Therapeutics, a clinical-stage biotechnology company co-founded by Apple Tree Partners (ATP) and biomedical researcher Loren Walensky, M.D., Ph.D., is applying its proprietary stapled lipopeptide technology to develop and deliver new treatments for a broad range of viruses, including coronaviruses, influenzas, and other enveloped viruses.

Seeq

Seeq, a leader in industrial analytics, AI, and monitoring, announced today it has closed a $50 million Series D funding round led by leading global investment firm Sixth Street Growth, with participation from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi Aramco Energy Ventures.

Rewst

Rewst, provider of the only automation platform purpose-built for MSPs, announced a $45 million capital raise1 led by Sapphire Ventures, with existing investors Meritech Capital and OpenView.

Cents

Cents, the largest leading all-in-one business management platform powering the way garment care SMBs grow, manage, and understand their businesses, announced the close of its $40M Series B funding round.

Neon

CA-based Neon has raised $25.6 million strategic investment led by M12, Microsoft’s Venture Fund. Other participation includes existing investors Abstract Ventures, General Catalyst, Menlo Ventures, and Notable Capital. This latest investment brings Neon’s total funding to $130.6 million since its founding in 2021.

Frequently asked questions (FAQs)

Name the Top American Startups Funding Deals in This Week?

Groq, Flyr, Abnormal Security, Shinobi Therapeutics, Muon Space, Seeq, Rewst, Cents, Neon, are the Top 10 American Startups Funding Deals of This Week.

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