Funding Wrap of the Week | American Startups Funding Roundup | July 15 – July 19

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

Cloverleaf Infrastructure

Cloverleaf Infrastructure (“Cloverleaf”) announced that it has secured capital commitments totaling over $300 million from private equity investors NGP and Sandbrook Capital (“Sandbrook”), alongside contributions from its management team.

Cardurion Pharmaceuticals

Cardurion Pharmaceuticals, Inc. (“Cardurion”), a clinical-stage biotechnology company developing next-generation therapeutics for the treatment of cardiovascular diseases, today announced it has raised a $260 million Series B financing.

Tekion

Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group.

Omni Fiber

Omni Fiber, a regional Fiber Internet Service Provider with operations in over 25 markets in Ohio and Pennsylvania backed by Oak Hill Capital, announced the closing of $150 million in debt financing from Stonepeak Credit. 

Scorpion Therapeutics

Scorpion Therapeutics, Inc. (“Scorpion”), a pioneering clinical-stage oncology company dedicated to transforming the lives of cancer patients by redefining the frontier of precision oncology, today announced the closing of a $150 million Series C financing.

Cart.com

Cart.com (the “Company”), a leading provider of unified commerce and logistics solutions that enable merchants to sell and fulfill wherever their customers are, announced it has secured a $105 million term loan facility provided by funds and accounts managed by BlackRock (“BlackRock”).

Kandji

Kandji has raised $100 million in capital from General Catalyst, with $50 million allocated to equity financing for its Series D and $50 million for go-to-market investment. 

Pindrop

Pindrop, a global leader in voice authentication and security, announced it has secured $100 million in debt financing from Hercules Capital, Inc. This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for customers in the banking, finance, contact center, insurance, utilities, healthcare, retail, and other industries.

Thyme Care

Thyme Care, the leading value-based cancer care enabler, announced the close of a $95M capital raise. With $55M in equity funding.

Halo Industries

Halo Industries, create novel laser-based hardware systems for materials fabrication has secured $80M Series B Funding Round Led by Thomas Tull’s U.S. Innovative Technology Fund (USIT) with participation from 8VC and SAIC.

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