Cybersecurity Takes the Lead in Top 10 Startup Funding Rounds

This week's biggest funding rounds were dominated by cybersecurity, with one company, Kiteworks, securing a whopping $456 million in funding. This deal highlights the growing interest in venture capital for cybersecurity solutions.

• Kiteworks, a secure content company, raised $456 million in a growth equity round led by Insight Partners and Sixth Street.
• Kiteworks' platform enables secure sharing of sensitive data through various channels, including email and file sharing.
• The funding round was a "partial liquidity event," meaning some investors were able to cash out.

Healthcare and Medical Devices Secure Notable Funding

The week also saw significant investment in healthcare and medical device companies. These companies are developing innovative solutions for various medical challenges, attracting venture capital interest.

• Halda Therapeutics, a biotech startup developing therapies for prostate and breast cancer, raised a $126 million Series B extension.
• HistoSonics, a medical device company that uses ultrasound to destroy liver tumors, secured a $102 million Series D.
• Neptune Medical, a medical device maker focused on using robotics to combat gastrointestinal disease, raised a $97 million Series D.
• Caresyntax, a company developing AI-powered surgery platform, received $80 million in equity and a $100 million growth debt facility.
• Moximed, a developer of medical devices for knee osteoarthritis, closed a $61 million Series D.

Artificial Intelligence Companies Secure Funding

Artificial intelligence (AI) continues to attract significant venture capital interest. Several AI companies secured funding this week, demonstrating the growing importance of AI in various industries.

• EliseAI, a conversational AI platform focused on the housing industry, raised $75 million in a Series D, becoming a unicorn with a valuation exceeding $1 billion.
• Sahara AI, a decentralized AI network, secured a $43 million funding round led by Binance Labs, Pantera Capital, and Polychain.

Blockchain and Fintech Secure Funding

Blockchain and fintech companies also secured funding this week. These industries are experiencing rapid growth, attracting venture capital investment for innovative solutions.

• Chaos Labs, a blockchain risk management startup, raised a $55 million Series A led by Haun Ventures.
• PayZen, a fintech startup for the healthcare industry, secured $32 million in equity led by NEA, alongside a $200 million credit facility.

OYO Secures Significant Funding in Asia

While the majority of the biggest funding rounds came from the United States, India-based travel tech company OYO raised a Series G worth approximately $123.9 million, demonstrating strong venture capital activity in Asia.

Methodology

This analysis tracked the largest announced funding rounds in the Crunchbase database for U.S.-based companies during the week of August 10 to August 16. It is based on publicly available information, and there may be a small time lag in reporting some rounds.