Last 12 months was monumental for the AI business within the U.S. and past.
There had been 49 startups that raised funding rounds price $100 million or extra in 2024, per our rely at TechCrunch; three corporations raised multiple “megaround,” and 7 corporations raised rounds $1 billion in dimension or bigger.
How will 2025 examine? It’s nonetheless the primary half of the 12 months, however up to now it seems like 2024’s momentum will proceed this 12 months. There have already been a number of billion-dollar rounds this 12 months, and extra AI megarounds closed within the U.S. in Q1 2025 in comparison with Q1 2024.
Here are all of the U.S. AI corporations which have raised $100 million this 12 months:
April
- SandboxAQ closed a $450 million Series E spherical on April 4 that valued the AI mannequin firm at $5.7 billion. The spherical included Nvidia, Google, and Bridgewater Associates founder Ray Dalio amongst different traders.
- Runway, which creates AI fashions for media manufacturing, raised a $308 million Series D spherical that was introduced on April 3, valuing the corporate at $3 billion. It was led by General Atlantic. SoftBank, Nvidia and Fidelity additionally participated.
March
- AI behemoth OpenAI raised a record-breaking $40 billion funding spherical that valued the startup at $300 billion. This spherical, which closed on March 31, was led by SoftBank with participation from Thrive Capital, Microsoft, and Coatue, amongst others.
- On March 25, Nexthop AI, an AI infrastructure firm, introduced that it had raised a Series A spherical led by Lightspeed Venture Partners. The $110 million spherical additionally included Kleiner Perkins, Battery Ventures, and Emergent Ventures, amongst others.
- Cambridge Massachusetts-based Insilico Medicine raised $110 million for its generative AI-powered drug discovery platform as introduced on March 13. This Series E spherical valued the corporate at $1 billion and was co-led by Value Partners and Pudong Chuangtou.
- AI infrastructure firm Celestial AI raised a $250 million Series C spherical that valued the corporate at $2.5 billion. The March 11 spherical was led by Fidelity with participation from Tiger Global, BlackRock, and Intel CEO Lip Bu-Tan, amongst others.
- Lila Sciences raised a $200 million seed spherical because it seems to create a science superintelligence platform. The spherical was led by Flagship Pioneering. The Cambridge, Massachusetts-based firm additionally obtained funding from March Capital, General Catalyst, and ARK Venture Fund, amongst others.
- Brooklyn-based Reflection.Ai, which seems to construct superintelligent autonomous methods, raised a $130 million Series A spherical that values the 1-year-old firm at $580 million. The spherical was led by Lightspeed Venture Partners and CRV.
- AI coding startup Turing closed a Series E spherical on March 7 that valued the startup, which companions with LLM corporations, at $2.2 billion. The $111 million spherical was led by Khazanah Nasional with participation from WestBridge Capital, Gaingels, and Sozo Ventures, amongst others.
- Shield AI, an AI protection tech startup, raised $240 million in a Series F spherical that closed on March 6. This spherical was co-led by L3Harris Technologies and Hanwha Aerospace, with participation from Andreessen Horowitz and the US Innovative Technology Fund, amongst others. The spherical valued the corporate at $5.3 billion
- AI analysis and enormous language mannequin firm Anthropic raised $3.5 billion in a Series E spherical that valued the startup at $61.5 billion. The spherical was introduced on March 3 and was led by Lightspeed with participation from Salesforce Ventures, Menlo Ventures, and General Catalyst, amongst others.
February
- Together AI, which creates open supply generative AI and AI mannequin growth infrastructure, raised a $305 million Series B spherical that valued the corporate at $3.3 billion. The February 20 spherical was co-led by Prosperity7 and General Catalyst with participation from Salesforce Ventures, Nvidia, Lux Capital, and others.
- AI infrastructure firm Lambda raised a $480 million Series D spherical that was introduced on February 19. The spherical valued the startup at almost $2.5 billion and was co-led by SGW and Andra Capital. Nvidia, G Squared, ARK Invest, and others additionally participated.
- Abridge, an AI platform that transcribes patient-clinician conversations, was valued at $2.75 billion in a Series D spherical that was introduced on February 17. The $250 million spherical was co-led by IVP and Elad Gil. Lightspeed, Redpoint, and Spark Capital additionally participated, amongst others.
- Eudia, an AI authorized tech firm, raised $105 million in a Series A spherical led by General Catalyst. Floodgate, Defy Ventures, and Everywhere Ventures additionally participated within the spherical along with different VC corporations and quite a few angel traders. The spherical closed on February 13.
- AI {hardware} startup EnCharge AI raised a $100 million Series B spherical that additionally closed on February 13. The spherical was led by Tiger Global with participation from Scout Ventures, Samsung Ventures, and RTX Ventures, amongst others. The Santa Clara-based enterprise was based in 2022.
- AI authorized tech firm Harvey raised a $300 million Series D spherical that valued the 3-year-old firm at $3 billion. The spherical was led by Sequoia and introduced on February 12. OpenAI Startup Fund, Kleiner Perkins, Elad Gil, and others additionally participated within the increase.
January
- Synthetic voice startup ElevenLabs raised a $180 million Series C spherical that valued the corporate at greater than $3 billion. It was introduced on January 30. The spherical was co-led by ICONIQ Growth and Andreessen Horowitz. Sequoia, NEA, Salesforce Ventures, and others additionally participated within the spherical.
- Hippocratic AI, which develops giant language fashions for the healthcare business, introduced a $141 million Series B spherical on January 9. This spherical valued the corporate at greater than $1.6 billion and was led by Kleiner Perkins. Andreessen Horowitz, Nvidia, and General Catalyst additionally participated, amongst others.
This piece was up to date on April 23 to incorporate extra offers.
This piece has been up to date to take away that Abridge relies in Pittsburgh, the corporate was based there.
