Although there were a handful of nine-figure rounds this week, funding news, in general, seemed quiet. No round topped $200 million, and even one of the large rounds was a down round. Quite the change from last week, which saw the biggest venture investment ever and 11 rounds hit $100 million or more. 1. Base Power, $200M, energy: Battery startup Base Power raised a $200 million Series B as the startup looks to expand nationally. The round was led by Addition. The Austin, Texas-based startup installs residential backup power systems ' designed to charge batteries specifically when electric prices are low. Founded in 2023, the company has raised $268 million, per Crunchbase. 2. Caris Life Sciences, $168M, biotech: The intersection of AI and biotech is big right now and this week gave another example of how big. Irving, Texas-based Caris Life Sciences, which is developing medicine through molecular profiling and the application of advanced AI and machine learning algorithms, raised a...
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