The week saw a wave of high-value funding rounds across key sectors, including AI, cybersecurity, clean energy, and biotech, signaling strong investor confidence in transformative technologies. Based on data curated from the Intellizence Startup Funding Dataset, here are the five top startup funding deals announced during the week ending June 15th, 2025,
Scale AI
Funding Amount: $14.3 Billion
Funding Round: Venture Series Unknown
Industry: Technology
Country: United States
Scale AI, a provider of training data and model evaluation for AI applications, raised a new investment totaling $14.3 billion from Meta at a valuation of $29 billion. Meta will have a 49% stake in the artificial intelligence startup but no voting power. Scale AI founder Alexandr Wang told employees in a memo on Thursday that he’s leaving for Meta. Jason Droege, the chief strategy officer, has been promoted to CEO.
Cyera
Funding Amount: $540 Million
Funding Round: Series E
Industry: Technology
Country: Israel
Israeli startup Cyera doubled its valuation to $6 billion after raising $540 million in a Series E round, highlighting the growing demand for advanced data security solutions as enterprises accelerate cloud adoption and AI integration. The round was led by Georgian, Greenoaks, and Lightspeed Venture Partners, alongside existing investors Accel, Coatue, Cyberstarts, Redpoint, Sapphire Ventures, Sequoia Capital, and Spark Capital.
Believ
Funding Amount: £300 Million
Funding Round: Venture – Series Unknown
Industry: Automobile
Country: United Kingdom
Believ, the Electric Vehicle (EV) charge point operator (CPO), has secured a £300 million investment facility to install at least 30,000 charge points, boosting access to public EV charging across the UK. The funding, which makes the company one of the UK’s best-backed CPOs, is led by Believ’s joint owners, Liberty Global and Zouk Capital, Europe’s leading private equity investor in EV charging, alongside four retail and infrastructure financing banks – Santander, ABN Amro, NatWest, and MUFG.
Fervo Energy
Funding Amount: $206 Million
Funding Round: Venture – Series Unknown
Industry: Energy & Utilities
Country: United States
Fervo Energy has secured $206 million to develop Cape Station, which is set to become one of the world’s largest enhanced geothermal power plants. The initial phase of Cape Station is expected to come online next year and produce 100 megawatts of electricity, and a subsequent expansion set to open in 2028 will add another 400 megawatts.
Antares Therapeutics
Funding Amount: $177 Million
Funding Round: Series A
Industry: Biotechnology
Country: United States
Antares Therapeutics, a biotechnology company, launched with $177 million in Series A financing. The startup is spearheaded by a team that spun out from Scorpion Therapeutics following its acquisition by Eli Lilly. It is backed by top-tier investors like Omega Funds, Atlas, Lightspeed, and BVF and is focused on developing first‑in‑class precision small‑molecule therapies.
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