This week's largest fundraising recipient was frontier AI lab Recursive Intelligence, and agentic AI, AI-compute, and AI-native startups filled up much of the rest of the Top 10 list. Other areas that attracted sizable funding include biotech, nuclear power, and security. 1. Ricursive Intelligence, $300M, AI: Ricursive Intelligence, a frontier AI lab, announced that it has raised $300 million in a Series A round of funding at a $4 billion valuation. Lightspeed Venture Partners led the latest round, which comes just two months after the Palo Alto, California-based company's launch. 2. Cellares, $257M, biotech: Cellares, a startup focused on the automated, large-scale manufacturing of cell therapies, said it secured $257 million in a Series D financing led by BlackRock and Eclipse. Founded in 2019, South San Francisco, California-based Cellares has raised $612 million to date. 3 (tied). Upwind Security, $250M, cloud security: Cloud security unicorn Upwind Security closed on $250...
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