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The Week’s 10 Biggest Funding Rounds: Data, Neolab, AI Infrastructure, Defense And AI Coding Lead

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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.

is back raising another $5 billion, after it raised that amount eight months ago. The largest fundings also went to an AI neolab, data center and electricity storage, defense, coding and biotech. Let’s take a look.

1. , $5B, data platform: Databricks has surpassed a $7 billion revenue run rate, with more than 80% year-over-year growth in Q2. The San Francisco-based company raised $ 5 billion in a funding round led by with participation from , , and new investor . Databricks was valued at $134 billion back in December 2025 when the company announced it had surpassed a $4.8 billion revenue run rate. From its Series A funding of $13 million in 2013, the 13-year-old company has raised around $25 billion in funding over all time, per ÂÜÀòÊÓÆµ data.

2. , $1.1B, AI reinforcement learning: Founded earlier this year, River AI raised $1.1 billion across its seed and Series A rounds led by and , with strategic investment from and . Its founder, , has been at the center of AI developments at , and over the past decade. The Palo Alto, California-based company seeks to build AI that is personalized and trained directly on what a company or person needs to accomplish, giving the end user control.

3. , $750M, electric grid: Form Energy raised a Series G funding round led by . The Massachusetts-based company builds longer-lasting 100-hour batteries for grid electricity storage. A host of investors participated, including private equity, venture and angels, and infrastructure and climate-focused investors , , , , , , and the .

4. , $250M, defense: Neros Technologies, a defense drone manufacturer and drone interceptor, raised a $250 million Series C led by and . The Los Angeles-based company, founded in 2023, has raised $370 million to date, per . The company announced that by 2028 it will be building 1 million drones per year. It has contracts with the U.S. military and half a dozen allied countries across Europe, Asia and the Middle East.

5. , $143M, AI code review: CodeRabbit, which has developed an open-source AI code review technology used by 150,000 open-source projects and 17,000 customers, according to the company, is on a roll. London-based and Los Angeles’ led its Series C, and the Walnut Creek, California-based company plans to set up a London office based on customer interest across Europe. As coding becomes increasingly automated, code review is critical to determine which projects meet production standards.

6. , $136M, datacenter networking: Point2 Technology, which builds interconnect solutions for AI data centers, raised an extension of its Series B led by Korea-based , including a strategic investment from and participation from existing investor . The San Jose, California-based company raised $136 million in the Series B.

7. , $110M, organ preservation: Bridge to Life, a 21-year-old organ preservation company, raised a $100 million Series C funding led by and . The Illinois-based company is developing an organ viability assessment tool to expand the market and will use the proceeds to extend its VitaSmart technology to U.S. transplant centers.

8. (tied) , $100M, protein therapeutics: Aureka Biotechnologies, an AI-native drug discovery platform, raised $100 million in Series B funding led by . Based in Shanghai and California, the 3-year-old company has raised $200 million to date. Proceeds will go toward training its model with its lab-in-the-loop feedback mechanism.

8. (tied) , $100M, loyalty rewards: PointsKash, a loyalty reward mobile app, raised private equity funding led by . The Florida-based company provides in-store kiosks for cash, loans and rewards.

10. , $90M, biotechnology: Epicrispr Biotechnologies, a developer of genetic medicines, raised a $90 million Series C led by and . The San Francisco-based company develops treatments for neuromuscular disease through modulating genes.

Large non-US deals:

Several startups based outside the U.S. also raised notable rounds this week. They include:

, $400M, automated applications: Lovable raised a $400 million Series C funding led by and , valuing the company at $13.3 billion. The Stockholm-based company claims 900 million visits each month and 60 million projects created. Lovable’s Series B raise in December 2025, co-led by Menlo Ventures, valued the company at $6.6 billion.

, $300M, defense: Cambridge Aerospace, a U.K. defense tech company, raised a $300 million Series C led by . The 2-year-old company raised a $200 million Series B in April led by and . Since its Series B funding, the has committed to purchasing its Skyhammer air defense system to intercept drones and low-speed missiles.

Methodology

We tracked the largest announced rounds in the ÂÜÀòÊÓÆµ database that were raised by U.S.-based companies for the period of Aug. 8-14. Although most announced rounds are in the database, there may be a small time lag, as some rounds are reported late in the week.

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