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The 12 Largest US Funding Rounds of September 2024
- Harmonic, the AI-powered mathematical reasoning engine developer, has raised $75m in a series A funding round backed by investors including Blossom Capital, Index Ventures and Sequoia Capital.
- Forterra, a firm specialising in autonomous ground-based systems for defence and industry, has raised $75m in a series B round with participation from XYZ Venture Capital, Enlightenment Capital and Standard Investments.
- Buffalo-based Centivo has raised $75m in funding thanks to investment from F-Prime Capital, Cox Enterprises and Bessemer Venture Partners. The firm, which focuses on digital health plans, has raised around $226m in total equity funding since being founded in 2017.
- Cloud-based contact centre platform provider UJET has raised $76m in a series D funding round led by SoftBank Vision Fund with participation from DCM Ventures and Gemba Capital.
- Open-source Firebase alternative Supabase has collected $80m in a series C funding round backed by Coatue, Craft Ventures and Felicis, among other investors. Supabase offers a full PostgreSQL database.
- Vero Networks raised $80m in a venture funding round, which saw backing from investors Hamilton Lane and Delta-V Capital. The firm focuses on supplying fibre-optic internet and data connectivity networks.
- 6K, a firm that develops materials that can be used in the manufacturing, renewable energy, aerospace and consumer electronics spaces, has received $82m in investment from backers including Volta Energy Technologies and Energy Impact Partners.
- Cambridge-based 24M Technologies, which provides energy storage systems for grid and transportation applications, has secured $87m in a series H funding round led by Asahi Kasei and Mitsui O.S.K. Lines.
- Rentberry, a San Francisco firm offering rental and price negotiation services to tenants and landlords, has raised $90m in a series A funding round led by Berkeley Hills Capital and including GTM Capital among the investors.
- GenAI-powered engine software provider Glean has raised $140m in a series C funding round led by Permira and featuring continued support from Blackstone Group and Telescope Partners.
- Safe Superintelligence, an artificial intelligence lab founded in 2024 by Daniel Gross, Daniel Levy and Ilya Sutskever, has received $1bn in series A funding. Leading investors in the Palo Alto-based research lab included Andreessen Horowitz, NFDG Ventures and Sequoia Capital.
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