Here are the five top startup funding deals announced during the week ending March 23rd, 2025, based on data curated from the Intellizence Startup Funding Dataset.
Nerdio
Funding Amount: $500 Million
Funding Round: Series C
Industry: Technology
Country: United States
Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. “We are not disclosing the specific valuation, but it is north of $1 billion,” according to Nerdio chief revenue officer Joseph Landes. Nerdio focuses on companies looking to optimize their cloud infrastructure deployments and costs. With Nerdio Manager for Enterprise, the company helps businesses manage Microsoft’s Azure Virtual Desktop and Windows applications across their workforce.
Just Climate
Funding Amount: $175 Million
Funding Round: Venture – Series Unknown
Industry: Financial Services
Country: United Kingdom
Just Climate, a specialist investment firm founded by Al Gore’s Generation Investment Management, has secured $175m (€160m) in funding for its natural climate solutions strategy. The company has the backing of two anchors: California State Teachers’ Retirement System (CalSTRS) as its institutional anchor and Microsoft’s Climate Innovation Fund as its corporate anchor. Just Climate’s Natural Climate Solutions strategy is a global investment strategy designed to support entrepreneurs with growth capital and business-building support to scale these technologies and services.
Latigo Biotherapeutics
Funding Amount: $150 Million
Funding Round: Series B
Industry: Biotechnology
Country: United States
Latigo Biotherapeutics has secured a $150 million series B fundraising round to advance a pipeline of non-opioid pain management drugs. The financing was led by funds managed by Blue Owl Capital, with participation from Deep Track Capital, Access Biotechnology, Qatar Investment Authority, Cormorant Asset Management, Sanofi Ventures, Rock Springs Capital, UPMC Enterprises, and Kern Capital. Existing investors also participated in the financing round.
BuildOps
Funding Amount: $127 Million
Funding Round: Series C
Industry: Technology
Country: United States
BuildOps has raised $127 million in a Series C funding round to accelerate the deployment of artificial intelligence (AI) technology in its business platform for commercial contractors. Meritech Capital Partners led the funding round and saw participation from new investors such as Schneider Electric’s SE Ventures and BOND Capital and existing investors Fika Ventures and Next47, among others. The company, backed by Peter Thiel’s Founders Fund, has been growing at a 100% rate for several years and expects to grow at a high rate in the short-to-medium term, CEO Alok Chanani said.
Curevo Vaccine
Funding Amount: $110 Million
Funding Round: Series B
Industry: Biotechnology
Country: United States
Curevo, a Seattle-based biotech startup developing a vaccine against shingles, raised $110 million in a Series B round. The funding will help Curevo advance Phase 2 trials of amezosvatein, its shingles vaccine built from a non-living component of the virus, and a proprietary adjuvant, a substance added to a shot to boost vaccine effectiveness.
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