Here are the five top startup funding deals announced during the week ending February 17, 2025, based on data curated from the Intellizence Startup Funding Dataset.
Apptronik
Funding Amount: $350 Million
Funding Round: Series A
Industry: Technology
Country: United States
Apptronik, an AI-powered humanoid robotics company, has secured $350 million in a Series A funding round. The round was co-led by B Capital and Capital Factory, with participation from Google. This significant investment aims to accelerate the development and deployment of Apptronik’s humanoid robot, Apollo, and to scale the company’s operations to meet increasing demand across various industries.
Archer Aviation
Funding Amount: $300 Million
Funding Round: Venture – Series Unknown
Industry: Aviation
Country: United States
Electric vertical takeoff and landing aircraft company Archer Aviation has raised $300 million in equity funding. The investment was led by prominent institutional investors, including funds and accounts managed by BlackRock. The capital infusion will help accelerate the development of its hybrid aircraft platform, particularly for defense applications.
Harvey
Funding Amount: $300 Million
Funding Round: Series D
Industry: Technology
Country: United States
Harvey, a startup specializing in AI-driven legal technology, has secured $300 million in its Series D funding, bringing its valuation to $3 billion. This funding round was led by Sequoia Capital, with contributions from Coatue, Kleiner Perkins, OpenAI Startup Fund, GV, Conviction, Elad Gil, and REV, the venture capital division of RELX Group, owner of LexisNexis Legal & Professional. The funds will enhance Harvey’s platform, scaling agentic workflows, developing integrated enterprise use cases, and expanding the team.
QuEra Computing
Funding Amount: $230 Million
Funding Round: Venture – Series Unknown
Industry: Technology
Country: United States
QuEra Computing, a Boston-based neutral-atom quantum computing leader, has secured over $230 million in a recent financing round. This investment aims to accelerate the development and production of large-scale, fault-tolerant quantum computers. Notable participants in this round include new investors such as Google’s Quantum AI unit, SoftBank Vision Fund 2, Valor Equity Partners, and existing backers like QVT Family Office and Safar Partners. Of the total amount, $60 million is contingent upon meeting specific funding conditions currently in progress.
Abcuro
Funding Amount: $200 Million
Funding Round: Series C
Industry: Biotechnology
Country: United States
Abcuro, a biotechnology startup developing therapies for treating autoimmune diseases and cancer, has closed a $200 million Series C funding round. The round was led by New Enterprise Associates (NEA), with participation from new investor Foresite Capital and existing investors, including RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, funds managed by abrdn Inc., funds and accounts managed by BlackRock, Eurofarma Ventures, and Soleus Capital.
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