This week's list of the largest U.S. startup funding rounds was pretty much all about AI. That includes the biggest financing — a $1 billion round for Instinct, a developer of AI assistants for everyday tasks — as well as most of the rest of the Top 10. Other large fundraisers include Elise AI, which is deploying AI for the home rental sector, and Armadin, an AI cybersecurity startup.
San Francisco-based Instinct secured $1 billion in a Series C round. Sequoia Capital, Benchmark and Coatue backed the financing, which set a $10 billion valuation for the year-old company. Elise AI, deploying AI for the home rental industry, completed a $350 million funding round at a $4 billion valuation led by Andreessen Horowitz and Bessemer Venture Partners.
Palo Alto, California-based Armadin, an AI-native cybersecurity company, raised $255.5 million in Series B funding led by Andreessen Horowitz and Accel. Kahua, a platform for capital projects, picked up $250 million from Bain Capital Tech Opportunities.
Other notable rounds include GMI Cloud's $223 million for AI infrastructure, General Intuition's $220 million for foundational AI, and Supabase's $150 million for agentic app development.
Source: Crunchbase News · Summarized by HeadlinesBriefing