Funding Rounds That Shook the Startup World This Week
Description
On November 15, 2024, seven startups raised over $100 million in funding across various sectors, with a notable focus on food delivery, aerospace, artificial intelligence, biotech, and defense. Wonder secured $250 million for food delivery and completed a $650 million acquisition, totaling nearly $1.9 billion in financing since its 2018 founding. Metsera, a biotech firm, raised $215 million to support treatments for obesity and metabolic diseases. Writer, an AI platform, obtained $200 million, increasing its valuation to $1.9 billion for developing AI applications. Firefly Aerospace garnered $175 million to prepare for a lunar mission, elevating its valuation over $2 billion. Chaos Industries raised $145 million for defense technology enhancements. Trace Neuroscience launched with a $101 million Series A to develop ALS treatments, while Radiant Industries raised $100 million for portable nuclear microreactors. TRex Bio received $84 million to decode immune biology, Beta Bionics raised $60 million for diabetes solutions, and ScaleOps secured $58 million in cloud resource management. In Latin America, Ualá raised $300 million to expand digital banking services. These funding rounds reflect diverse investor interests across multiple industries.
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