Want to stay on top of the biggest startup funding deals for 2024? Check out our curated list that includes venture deals worth more than $100 million to U.S. based companies. Visit The Crunchbase Megadeals Board.

This weekly feature lists the top 10 funding rounds announced in the U.S. for the previous week. Here are the top funding rounds from last week.

The top five raises of this week came from sectors which have been hot recently. This week, biotech/healthcare and cyber security dominated the big rounds. A few AI startups also saw large checks. After a few quiet weeks, megadeals are back. Four companies have secured nine-figure rounds.

1. Marea Therapeutics $190M, Biotech: The big biotech round actually combines two rounds. Marea Therapeutics is a biotechnology company in clinical stages that develops medicines for cardiometabolic disorders. It launched with $190M in a combined Series B and A financing. Third Rock Ventures led the Series A round, where the startup was initially incubated. The Series B round was jointly led by Forbion Capital Partners and Perceptive Advisors. The company did not split the rounds so we record them as one. It tops this week’s list.

2. Huntress $150M, cybersecurity. Maryland’s Huntress became the latest cybersecurity unicorn after raising a 150 million Series D at an $1.5 billion plus valuation. The new round of funding was led by Kleiner Perkins along with Meritech Capital Partners, and existing investor Sapphire Ventures. The startup is focused on providing security services to small businesses and small enterprises, a sector that is often overlooked in cyber due to the rush of companies to compete with Fortune500 companies. Huntress is currently experiencing revenue growth of more than 70% in the last two years, as it continues to “approach 100 million in annual recurring revenues.” According to Crunchbase , Huntress was founded in 2015 and has raised approximately $310 million.

3. Talkiatry $130M in healthcare: Mental Health is a growing concern. Just 31% of adults believe that their mental health is excellent, which is a 20-point drop since 2004. Talkiatry, a New York-based startup for psychiatric services, has raised $130 million in equity and debt financing led by Andreessen Hoowitz. The goal is to improve these numbers. The startup provides a national mental healthcare practice that offers in-network therapy and psychiatry, in an effort to help the 60% adults in the U.S. who have a diagnosable illness but do not receive treatment every year. Talkiatry was founded in 2019 and has raised $245 millions, according to the company.

4. Semperis $125M, Cybersecurity: The Huntress round was not the only one this week. Semperis, based in Hoboken, New Jersey, secured $125 million of growth financing from J. P. Morgan and Hercules Capital. The new round reportedly value the company at $1 billion. Semperis offers a range of security services including protection for Microsoft Directory Service. According to Crunchbase , the company was founded in 2014. It has raised over $500 million.

5. Elion Therapeutics $81M, Biotech: Around the world, more than 150 million people are affected by serious fungal infections, resulting in 1.7 million deaths each year. A New York biotech raised a lot of money this week in an effort to reduce these statistics, even as the infections are becoming more virulent. Elion Therapeutics raised $81 million in Series B funding led by Deerfield Management, and AMR Action Fund. According to Crunchbase , this is the first round announced by the company.

6. CesiumAstro $65M, space, Austin-based CesiumAstro is a developer of technology for space communications. The $65 million Series A+ round was led by Trousdale ventures. According to Crunchbase , the company was founded in 2017 and has raised over $185 million.

7. Genspark AI raised $60M in artificial intelligence. Palo Alto-based Genspark AI is an artificial intelligence search company. Lanchi ventures led the fundraising effort.

8. (tied) Daydream $50M, ecommerce : New York’s Daydream, an AI powered search platform for the retail sector, was launched with a $50M seed round led by Forerunner Ventures.

8. (tied) Iambic Therapeutics $50M, biotech : San Diego’s Iambic Therapeutics is a clinical-stage startup that develops therapeutics using an artificial intelligence-driven discovery platform. The company closed a $50 million series B extension led new investors Mubadala Capital. According to Crunchbase , the company was founded in 2019. It has raised approximately $233 million.

8. (tied) You.com $50M, artificial Intelligence: Palo Alto-based You.com is an AI-enhanced Search Engine Developer . has reportedly finished raising a $50 Million Series B. Investors were not identified. According to Crunchbase , the company was founded in 2020 and has raised $95 millions.

Big global deals

The biggest round this week was raised by a well-known Indian startup.

• The Indian grocery delivery startup Zepto has raised $665 million, doubling its valuation from $3.6 billion to $3.6 billion.

Methodology

We tracked the largest announced round in the Crunchbase Database that was raised by U.S. based companies during the seven-day span of June 15 to 21. The database contains most of the announced rounds, but there may be a slight time lag if some rounds were reported late in a week.

Illustration: Dom Guzman