Want to keep track of the largest startup funding deals in 2025 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The ºìÌÒÊÓÆµ Megadeals Board.
This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding deal roundup here.
Transportation and biotech were leading themes among this week’s largest U.S. funding recipients. This includes the week’s largest round, a $650 million financing for electric pickup truck maker . Other sizable investments went to spaces including drug development, autonomous public transit and software engineering.
1. , $650M, electric vehicles: Troy, Michigan-based Slate Auto, a developer of lower-cost electric pickup trucks that can be customized as SUVs, raised $650 million in Series C funding led by . The -backed company said it plans to deliver its first vehicles to customers later this year.
2. , $300M, biotech: Beeline Medicines, a Boston-based developer of precision therapies for autoimmune and inflammatory diseases, emerged from stealth with $300 million in Series A funding led by . The company’s initial portfolio includes five programs licensed from .
3. , $170M, autonomous transportation: Glydways, a developer of personal autonomous pods designed to operate on dedicated lanes, closed on $170 million in Series C funding. , ACS Group and led the financing for the San Francisco-based company, which is launching operational pilots in three cities this year.
4. , $150M, AI software development: Factory, a startup focused on bringing autonomy to software engineering, secured $150 million in a Series C round led by . The financing set a $1.5 billion valuation for the 3-year-old, San Francisco-based company.
5. , $108M, biotech: South San Francisco, California-based Terremoto Biosciences, a developer of small molecule medicines for cancer and rare diseases, raised $108 million in Series C funding from backers including , , and .
6. (tied) , $100M, student transportation: Zum, a provider of a platform for optimizing K-12 student transportation, secured $100 million in new funding from . Founded in 2015, Redwood City, California-based Zum has raised about $500 million in known funding to date, per .
6. (tied) , $100M, biotech: Neomorph, a developer of cancer therapeutics, closed on $100 million in Series B funding to support clinical trials. led the financing for the San Diego-based company.
6. (tied) , $100M, fintech: San Francisco-based Slash, a business banking platform, picked up $100 million in a Series C round led by , and . The financing set a $1.4 billion valuation for the company, which said it surpassed $250 million in annualized revenue in 2025.
9. , $80M, semiconductors: nEye, a developer of integrated optical interconnects for data center connectivity, raised $80 million in Series C financing led by . Founded in 2020, Silicon Valley-based nEye has raised $152 million in funding to date.
10. , $75M, space tech: Irvine, California-based Turion Space, a provider of an orbital intelligence and operations platform, over $75 million in a Series B round led by .
Methodology
We tracked the largest announced rounds in the ºìÌÒÊÓÆµ database that were raised by U.S.-based companies for the period of April 11-17. Although most announced rounds are represented in the database, there could be a small time lag as some rounds are reported late in the week.
Illustration:
Stay up to date with recent funding rounds, acquisitions, and more with the ºìÌÒÊÓÆµ Daily.


67.1K Followers