Boston Tech Scene Funding Rounds
- Commonwealth Fusion Systems: A fusion power startup building tokamaks, raised an $863M Series B2 from Nvidia, Google, Breakthrough Energy Ventures, Gates Frontier, and others.
- Vulcan Elements: A domestic rare earth magnet manufacturer, secured a $1.4 billion partnership financing package with the United States Government and ReElement Technologies.
- Parabilis Medicines: Developer of Helicon peptide cancer therapeutics, raised a $305 million Series F round co-led by RA Capital Management, Fidelity Management & Research Company, and Janus Henderson Investors.
- AI Music Generator Suno: Raised a $250 million Series C round led by Menlo Ventures with participation from NVentures, Hallwood Media, Lightspeed, and Matrix.
- OpenEvidence: An AI medical search engine, raised a $250 million Series D led by Thrive Capital and DST Global.
- QuEra Computing: A neutral-atom quantum computing startup that raised over $230 million in a new financing round led by Google Quantum AI and SoftBank Vision Fund 2 with participation from NVentures (NVIDIA) and other global investors.
- Odyssey Therapeutics: A clinical-stage autoimmune therapeutics company, raised a $213M Series D with participation from Affinity Asset Advisors, Dimension Capital, Jeito Capital, Lightspeed Ventures, TPG Life Sciences Innovations, and others.
- Lila Sciences: An AI-driven scientific superintelligence and autonomous-lab startup that raised a $200 million seed round from Flagship Pioneering, General Catalyst, March Capital, ARK Venture Fund, Altitude Life Science Ventures, Blue Horizon Advisors, State of Michigan Retirement System, Modi Ventures, and an ADIA subsidiary.
- Antares: A precision medicines biotech spin-out that raised a $177M Series A co-led by Omega Funds, Atlas Venture, Lightspeed Venture Partners, BVF Partners, and Cormorant Asset Management.
- Tomorrow.io: An AI-native weather intelligence startup that raised a $175M equity financing led by Stonecourt Capital and HarbourVest Partners to accelerate the deployment of its DeepSky satellite constellation.
- AIRNA: An RNA editing therapeutics company that raised a $155M Series B led by Venrock Healthcare Capital Partners and co-led by Forbion Growth, with participation from RTW, Nextech Invest, ARCH, ND Capital, and others.
- Strand Therapeutics: A programmable mRNA therapeutics company that raised a $153M Series B led by Kinnevik; new investors Regeneron Ventures, ICONIQ, Amgen Ventures, Alderline Group, LG Technology Ventures, and others participated.
- Teradar: A terahertz automotive sensor startup that raised a $150 million Series B equity round from Capricorn Investment Group, Lockheed Martin Ventures, IBEX Investors, and VXI Capital.
- Aura: An AI-powered online safety company that raised a $140 million Series G round of equity and debt led by Ten Eleven Ventures and Madrone Capital with participation from AT&T Ventures, Accel, Warburg Pincus, and General Catalyst.
- ARTBIO: A clinical-stage radiopharmaceutical company that raised a $132M Series B co-led by Sofinnova Investments and B Capital; F-Prime, Omega Funds, Third Rock Ventures, and others participated.
- Seven AI: An autonomous cybersecurity startup that raised $130 million Series A led by Index Ventures with participation from Blackstone Innovations Investments, Greylock, CRV, and Spark.
- Merida Biosciences: A precision immunology biotech that raised $121M Series A co-led by Bain Capital Life Sciences, BVF Partners, and Third Rock Ventures, with participation from GV and Perceptive Xontogeny Venture Funds.
- Atavistik Bio: A precision allosteric therapeutics developer that raised a $120 M Series B led by Nextech Invest and The Column Group with participation from Lux Capital and Regeneron Ventures.
- Insilico Medicine: An AI-driven drug discovery company that raised a $110M Series E led by Value Partners Group, with participation from industry- and technology-focused new investors and existing global backers.
- Kinaset Therapeutics: Developer of an inhaled pan-JAK therapy for severe asthma that raised a $103 million Series B round co-led by RA Capital Management and Forge Life Science Partners.
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