Another week, another $300 million round — sometimes at wildly different valuations, even for the same company. Meanwhile, the small deals keep things interesting, too.
Same amount, new valuation: Harvey AI raised a $300 million Series E co-led by Kleiner Perkins and Coatue. This comes only four months after Sequoia led a $300 million Series D at a $3 billion valuation into the AI-enabled legal tech startup, which is now valued at $5 billion.
AI scribe: Abridge, an AI startup automating medical notes, secured a $300 million Series E led by a16z at a $5.3 billion valuation.
Crypto predictions: Blockchain-based prediction market platform Kalshi raised a $185 million round at a $2 billion post-money valuation, while rival Polymarket is reportedly working on closing a $200 million round at a pre-money valuation around $1 billion.
Money in the bank: Finom, a challenger bank that targets SMBs across Europe, raised some $133 million in a Series C round of funding that comes in addition to the $105 million in growth funding it secured from General Catalyst's Customer Value Fund a few weeks ago.
Flying high: Indian drone startup Raphe mPhibr raised $100 million in an all-equity Series B round led by General Catalyst. Its customers include the Indian Army, Navy, and Air Force, as well as armed police forces.
Easy dictation: AI-powered dictation app Wispr Flow locked in $30 million in a Series A that brought its total funding to $56 million. The company also released an iOS app earlier this month.
Upcycled: Novoloop, a startup that upcycles waste plastic, raised a $21 million Series B to finalize the design and begin the construction of its first commercial-scale plant.
Data processing for AI: Eventual, a startup inspired by a data-processing problem its founders encountered at Lyft, raised two rounds of funding totaling $27.5 million within eight months.
AI voices: Synthflow AI, a Berlin-based no-code platform that lets enterprises build and deploy customized white-label voice AI customer service agents, raised a $20 million Series A led by Accel.
As the name suggests: Better Auth, the third Ethiopian startup to graduate from YC, raised $5 million in seed funding. Its open source framework promises to simplify how developers manage user authentication and has quickly become popular.
Eternal light: Space startup Lux Aeterna came out of stealth with $4 million in pre-seed funding and the ambition to launch a reusable satellite in 2027.
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