Here are the five top startup funding deals announced during the week ending February 02, 2025, based on data curated from the Intellizence Startup Funding Dataset.
Helion Energy
Funding Amount: $425 Million
Funding Round: Series F
Industry: Energy & Utilities
Country: United States
Helion Energy, a fusion energy company, has raised $425 million in a Series F funding round, bringing its valuation to $5.4 billion. The funding will help accelerate the development of Helion’s next-generation fusion reactor, Polaris. This round saw participation from new investors, including Lightspeed Venture Partners and SoftBank Vision Fund 2, as well as existing backers such as Sam Altman, Mithril Capital, Capricorn Investment Group, Dustin Moskovitz through Good Ventures Foundation, and Nucor.
Neko Health
Funding Amount: €250 Million
Funding Round: Series B
Industry: Healthcare
Country: Sweden
Neko Health, a preventative healthcare technology company co-founded by Spotify’s Daniel Ek and Hjalmar Nilsonne, has successfully raised €250 million in a Series B funding round, valuing the company at approximately €1.7 billion. The round was led by Lightspeed Venture Partners, with participation from General Catalyst, O.G. Venture Partners, Rosello, Lakestar, and Atomico.
TravelPerk
Funding Amount: $200 Million
Funding Round: Series E
Industry: Technology
Country: Spain
TravelPerk, a Barcelona-based business travel management platform, has raised $200 million in a Series E funding round, nearly doubling its valuation to $2.7 billion. The round was led by Atomico and EQT Growth, with participation from new investors Noteus Partners and Sequoia Capital and existing backers, including General Catalyst, Kinnevik, SoftBank Vision Fund, and Blackstone. The newly secured funds will help accelerate TravelPerk’s expansion in the U.S. market and enhance its technology platform.
ElevenLabs
Funding Amount: $180 Million
Funding Round: Series C
Industry: Technology
Country: United States
ElevenLabs, a voice AI startup, has raised $180 million in a Series C funding round, tripling its valuation to $3.3 billion. The company plans to use the funds to advance research into more expressive and controllable voice AI, develop new products, and expand tools for developers and businesses. ElevenLabs has established partnerships with publishers such as The New Yorker, The Washington Post, and The Atlantic, as well as gaming studios like Paradox Interactive and Cloud Imperium Games.
Openly
Funding Amount: $123 Million
Funding Round: Venture – Series Unknown
Industry: Insurance
Country: United States
Openly, an insurtech company specializing in homeowners insurance has raised $193 million in growth financing. This round comprises $123 million in equity capital led by Eden Global Partners and a $70 million senior note from Allianz X. The newly raised funds will support Openly’s continued expansion and innovation in the homeowners insurance market.
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