The Week’s 10 Biggest Funding Rounds: Transportation And Biotech Take The Lead

Email Facebook Twitter LinkedIn 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 Crunchbase 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 Slate Auto. Other sizable investments went to spaces including drug development, autonomous public transit and software engineering. 1. Slate Auto, $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 TWG Global.

The Jeff Bezos-backed company said it plans to deliver its first vehicles to customers later this year. 2. Beeline Medicines, $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 Bain Capital. The company’s initial portfolio includes five programs licensed from Bristol Myers Squibb. 3. Glydways, $170M, autonomous transportation: Glydways, a developer of personal autonomous pods designed to operate on dedicated lanes, closed on $170 million in Series C funding. Suzuki Motor, ACS Group and Khosla Ventures led the financing for the San Francisco-based company, which is launching operational pilots in three cities this year. 4. Factory, $150M, AI software development: Factory, a startup focused on bringing autonomy to software engineering, secured $150 million in a Series C round led by Khosla Ventures. The financing set a $1.5 billion valuation for the 3-year-old, San Francisco-based company. 5. Terremoto Biosciences, $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 RA Capital Management, Deep Track Capital, Osage University Partners and BeOne Medicines. 6. (tied) Zum, $100M, student transportation: Zum, a provider of a platform for optimizing K-12 student transportation, secured $100 million in new funding from TPG. Founded in 2015, Redwood City, California-based Zum has raised about $500 million in known funding to date, per Crunchbase data. 6. (tied) Neomorph, $100M, biotech: Neomorph, a developer of cancer therapeutics, closed on $100 million in Series B funding to support clinical trials. Deerfield led the financing for the San Diego-based company. 6. (tied) Slash, $100M, fintech: San Francisco-based Slash, a business banking platform, picked up $100 million in a Series C round led by Ribbit Capital, Khosla Ventures and Goodwater Capital. The financing set a $1.4 billion valuation for the company, which said it surpassed $250 million in annualized revenue in 2025. 9. nEye, $80M, semiconductors: nEye, a developer of integrated optical interconnects for data center connectivity, raised $80 million in Series C financing led by Sutter Hill Ventures. Founded in 2020, Silicon Valley-based nEye has raised $152 million in funding to date. 10. Turion Space, $75M, space tech: Irvine, California-based Turion Space, a provider of an orbital intelligence and operations platform, secured over $75 million in a Series B round led by Washington Harbour Partners. Methodology We tracked the largest announced rounds in the Crunchbase 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: Dom Guzman TagsAI biotechnology fintech semiconductors space tech transportation unicorn venture Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily. GetWhys, a Boise, Idaho-based AI-powered customer intelligence platform, has raised $5.2 million in funding, it tells Crunchbase News exclusively. In the first quarter of 2026, a handful of large, well-funded AI companies, almost all based in the U.S., captured the vast majority of venture... Copenhagen-based Spektr, which uses AI to tackle the manual drudgery of financial compliance, raised $20 million in a Series A funding round, the... Over 127,000 workers at U.S.-based tech companies were laid off in mass job cuts in 2025, per a Crunchbase News tally, and the layoffs have continued...