Posted 3/1/2024, 6:51:12 PM
Geothermal, AI, Biotech Startups Lead Week's Biggest VC Rounds, Raising Hundreds of Millions
- Fervo Energy raised the week's largest round at $244M for its geothermal energy development operations
- AI startup Glean brought in over $200M at a $2.2B valuation to grow its generative AI search and assistant tools
- FogPharma closed a $145M round to advance development of new therapies targeting intracellular disease drivers
- Agtech startup Oishii Farm raised $134M to build a large-scale indoor vertical farm in New Jersey
- Multiple biotech startups like Alamar Biosciences and Kenai Therapeutics raised 9-figure rounds to advance development of new technologies and therapies