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Last Week's Top Funding Rounds
Automotive almost leads the charge with a resurgence of EV....
Funding Secured
April 01, 2024
By Taylor Pierce - Monday, April 1
Weekly Money Moves: Last week saw capital flow into a broader range of industries with more activity from the Automotive sector and Real Estate sectors, in addition to Biotech.
Which sector do you think will attract the most capital this week?
Last week witnessed a remarkable surge in fundraising activity, showcasing a staggering 150% increase from the preceding week, catapulting the total capital raised to over $5 billion. Biotech maintained its dominance, securing the top spot once again by contributing $1.6 billion to the overall $5.1 billion raised. Real Estate followed closely, bolstered by significant contributions from Rexford Industrial Real Estate, which amassed $840 million, and Terrano, which added $341 million to the sector's impressive total of $1.2 billion. Surprisingly, the automotive industry secured the third position, with Lucid spearheading the charge with an impressive $1 billion raised.
Meanwhile, Technology emerged as a formidable force, capturing the fourth-highest capital influx of $657 million out of the $5.1 billion, with Global Data Solutions leading the charge by securing a monumental $587 million in funding. Additionally, Matador Resources made a notable contribution, sealing a $347 million deal that propelled the metals & mining sector forward, underscoring the diversified nature of the week's fundraising landscape.
Company | Money Raised ($USD) | Sector |
Lucid Motors | $1,000,000,000 | Automotive |
Rexford Industrial Realty | $840,000,000 | Real Estate |
Moderna | $750,000,000 | Biotechnology |
Global Data Solutions | $587,000,000 | Technology |
Matador Resources Company | $347,300,000 | Metals & Mining |
Terreno | $341,000,000 | Real Estate |
Nkarta Therapeutics | $240,000,000 | Biotechnology |
Praxis Precision Medicines | $200,000,000 | Biotechnology |
Avalo Therapeutics | $185,000,000 | Biotechnology |
Stoke Therapeutics | $125,000,000 | Biotechnology |
Five Star Bank | $70,900,000 | Finance |
GCT Semiconductor | $49,000,000 | Semiconductor |
Bowman Consulting | $45,000,020 | Real Estate |
Erasca | $45,000,000 | Biotechnology |
Aerkomm | $35,000,000 | Technology |
Atlas Lithium | $30,000,000 | Metals & Mining |
Eagle Point Income Company Inc | $29,300,000 | Impact Investing |
VitalHub | $25,762,553 | Technology |
BioXcel Therapeutics | $25,000,000 | Biotechnology |
Aura Energy Limited | $16,200,000 | Chemical |
iBio | $15,000,000 | Biotechnology |
Ideal Power | $15,000,000 | Battery, Energy |
DP Poland Plc | $13,874,908 | Food Processing |
Xilio Therapeutics | $11,300,000 | Biotechnology |
Zapp Electric Vehicles | $10,000,000 | Electric Vehicle |
Molecular Templates | $9,500,000 | Biotechnology |
FacePhi | $5,418,527 | Technology |
Tonix Pharmaceuticals | $4,400,000 | Biotechnology |
Canagold Resources | $4,121,500 | Metals & Mining |
Sow Good | $3,700,000 | Food and Beverage |
Akanda | $3,677,262 | Health Care |
OpGen | $3,000,000 | Biotechnology |
India Globalization Capital | $3,000,000 | Real Estate |
CAP-XX | $2,779,999 | Consumer Electronics |
Applied UV | $2,760,000 | Biotechnology |
Hapbee Technologies | $2,051,160 | Technology |
AppTech Payments Corp. | $2,000,000 | Technology |
Optibiotix Health | $1,769,090 | Biotechnology |
Vaccinex | $1,500,000 | Biotechnology |
Abcourt Mines | $1,436,234 | Metals & Mining |
SINTX Technologies | $1,300,000 | Biotechnology |
In a series of significant lead orders for various funding rounds, Ayar Third Investment took the helm in Lucid's monumental $1 billion round, symbolizing a strong vote of confidence in the electric vehicle market. Meanwhile, Blackstone Life Sciences assumed a pivotal role in Moderna's $750 million round, highlighting the crucial support for innovative biotech solutions, especially amidst the ongoing healthcare landscape. Commodore Capital's leadership in Avalo Therapeutics' $185 million round underscores a strategic push towards advancing therapeutics and healthcare technologies. BVF Partners spearheaded Molecular Templates' $9.5 million round, signaling a strategic partnership aimed at advancing molecular medicine. Additionally, David E Lazar led OpGen's $3 million round, showcasing the commitment to advancing precision medicine solutions. Dominos Pizza's leadership in DP Poland Plc's $13.8 million round reflects diversification strategies beyond the traditional scope of operations. Mitsui & Co., Ltd.'s leading role in Atlas Lithum's $30 million round signifies a concerted effort to bolster sustainable energy solutions. Sun Valley Investments' leadership in Canagold Resources' $4.1 million round highlights confidence in the mining sector's potential. Bradbury Asset Management's lead in India Globalization Capital's $3 million round emphasizes support for emerging markets and disruptive technologies. Finally, Hancom's leadership in FacePhi's $5.4 million technology round showcases the increasing importance of biometric authentication in the digital age.
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