Startups raised funding rounds with a lot of zeroes at the end this week. Three companies ' Hadrian, Base Power and Valar Atomics ' secured financings of $1 billion or more. Additionally, a robust lineup of companies in sectors including AI, e-commerce, cybersecurity, biotech and even mining also announced sizable new rounds. 1. Hadrian, $1.37B, manufacturing: Hadrian, a developer of highly automated factories, raised $1.37 billion in Series D funding led by WCM Investment Management, Washington Harbour Partners, Valor Equity Partners, 137 Ventures, JP Morgan Chase and Baillie Gifford. The financing sets a $7.87 billion valuation for the 6-year-old, Torrance, California-based company. 2. (tied) Base Power, $1B, energy storage: Austin-based Base Power, a developer of residential battery energy storage systems, secured $1 billion in Series D financing at a $13 billion post-money valuation. Ribbit Capital, Addition, Valor Equity Partners and JP Morgan Chase led the financing, which...
learn more
