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Record Week For Mega Funding Rounds

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Medical device company MiRus led this week's massive funding rounds with a $1.5 billion corporate investment from Boston Scientific. The deal gives Boston Scientific a 34% equity stake in the Georgia-based firm developing orthopedic and spinal technologies. Physical tech dominated the top deals as venture capital continues flowing into healthcare and AI sectors.

Artificial intelligence startups claimed multiple spots on the list. Hark secured a $700 million Series A backed by chip giants Nvidia, Intel, AMD and Qualcomm, while Modal Labs raised $355 million at a $4.65 billion valuation. Frontier AI lab Decart raised $300 million with backing from Sequoia Capital and Nvidia, reflecting deep investor confidence in foundational AI technologies.

The funding surge reflects strategic shifts in venture capital, with traditional sectors like aerospace and defense seeing renewed interest. Mercury raised $200 million at a $5.2 billion valuation for fintech services, while retail technology company Radar secured $170 million. This week's deals signal investors are still willing to fund high-growth companies despite market volatility.