This week featured a robust lineup of large rounds, led by manufacturing startup Re:Build, which closed on $2.1 billion, and predictions marketplace Kalshi, which picked up another $1 billion. Other sectors in which startups drew significant rounds included construction automation, biotech, batteries and enterprise AI. 1. Re:Build, $2.1B, manufacturing: Re:Build, a manufacturing startup that partners with industrial companies and innovators from the product design phase to large-scale production, secured $2.1 billion in new funding. General Catalyst and JPMorganChase led the financing for the 6-year-old, Framingham, Massachusetts-based company. 2. Kalshi, $1B, predictions marketplace: Predictions marketplace Kalshi announced a $1 billion Series G financing led by Wellington Management and Sequoia Capital. The round set a $40 billion post-money valuation for New York-based Kalshi, which says its business' annualized trading volume now exceeds $1 trillion. 3. Bedrock Robotics, $600M,...
learn more