Top 10 Largest Startup Funding Deals in the U.S. – April 2024

Headline: Massive Funding Rounds Continue to Dominate U.S. Startup Scene in 2024

In a trend that shows no signs of slowing down, U.S.-based startups are continuing to secure massive funding rounds in 2024. The latest data from Crunchbase’s Megadeals Board highlights the top 10 announced funding rounds in the country, with eight of them surpassing the $100 million mark.

Leading the pack is cybersecurity startup Cyera, which raised an impressive $300 million in a Series C round led by Coatue. This funding round nearly tripled Cyera’s valuation from its previous round, showcasing the confidence investors have in the company’s data security platform.

Meanwhile, blockchain company Monad Labs secured a $225 million funding round, making it the biggest Web3 funding round of the year so far. The company’s innovative approach to blockchain technology has attracted significant interest from investors, with Paradigm leading the round.

Biotech companies also made a splash in the funding rounds, with Torl BioTherapeutics raising $158 million in a B-2 financing round. The company, focused on developing novel cancer-fighting therapeutics, has now raised over $350 million to date.

Other notable funding rounds include Guesty in the hospitality sector, Platform Science in transportation, and Collaborative Robotics in robotics, all securing $100 million each in their respective Series rounds.

The trend of large funding rounds is not limited to the U.S., as evidenced by Spain-based Aquisgran raising nearly $277 million in a venture round focused on financial services.

Overall, the data highlights the continued confidence investors have in the U.S. startup ecosystem, with companies across various sectors attracting significant capital to fuel their growth and innovation efforts. Stay tuned for more updates on the latest funding rounds and acquisitions in the Crunchbase Daily.