Timeline

2023-Q2 financing

Private rounds announced in 2023-Q2, aggregated from public sources.

$31.0B
Capital raised
2,550
Rounds
2,485
Companies
Sector breakdown
SectorRoundsCapital
Other Technology577$6.2B
Investment Vehicle62$4.7B
Other570$4.0B
Business Services38$2.6B
Biotechnology146$2.4B
Software / Tech204$1.7B
Healthtech110$1.6B
Manufacturing68$1.5B
Biggest rounds this quarter
CompanySectorStageAmountFiled
KKR Infrastructure Conglomerate LLC
NEW YORK
Investment VehicleGrowth/Late$3.0BJun 1
Talen Energy Corp
The Woodlands
Business ServicesGrowth/Late$1.4BMay 17
ALKU Holdings, LLC
ANDOVER
Business ServicesGrowth/Late$960.6MMay 23
Footprint International Holdco, Inc.
GILBERT
ManufacturingGrowth/Late$829.5MApr 6
Cengage Learning Holdings II, Inc.
BOSTON
Investment VehicleGrowth/Late$525.0MMay 22
HAG Holding Ltd
SINGAPORE
Other TechnologyGrowth/Late$500.0MApr 13
Clarion Beverage Assets Funds, LP
HOUSTON
Food & BeverageGrowth/Late$500.0MApr 14
Makatuu Inc
WILMINGTON
Other TechnologyGrowth/Late$496.0MJun 15
Aestas Management Company, LLC
SAN FRANCISCO
Other TechnologyGrowth/Late$495.9MApr 10
Electric Hydrogen Co.
NATICK
Energy / ClimateSeries D+$380.6MApr 6
Silk Holdings I Corp.
BOSTON
Investment VehicleSeries D+$348.0MMay 1
Newlight Technologies, Inc.
Huntington Beach
ManufacturingSeries D+$271.2MJun 30
Aledade, Inc.
BETHESDA
HealthtechSeries D+$260.0MJun 7
Gradiant Corp
WOBURN
OtherSeries D+$225.0MMay 5
Asc Dental Ventures Llc
WILMINGTON
HealthtechSeries D+$220.0MMay 23
Spyre Therapeutics, Inc.
Waltham
BiotechnologySeries D+$210.0MJun 26
Opry Investment Holdings I, LLC
NASHVILLE
Investment VehicleSeries D+$202.7MJun 9
Legend Biotech Corp
SOMERSET
BiotechnologySeries D+$200.0MApr 19
Main Street Rural, Inc.
NASHVILLE
Other Health CareSeries D+$189.9MMay 19
Bullwhip Topco, Llc
SAN FRANCISCO
OtherSeries D+$175.3MMay 4
HPA SPQ Topco, LP
NEW YORK
Other TechnologySeries D+$162.3MJun 16
Carmot Therapeutics Inc.
BERKELEY
BiotechnologySeries D+$150.0MMay 24
Saluda Medical, Inc.
Bloomington
HealthtechSeries D+$150.0MApr 6
Rarestep, Inc.
BIRMINGHAM
Other TechnologySeries D+$144.7MMay 22
Eikon Therapeutics, Inc.
HAYWARD
BiotechnologyGrowth/Late$140.8MMay 18
TypeFace Inc.
Palo Alto
Other TechnologySeries D+$140.6MJun 22
Illuminated Holdings, Inc.
Janesville
OtherSeries D+$122.5MJun 14
Velocity Holdco, LLC
NASHVILLE
OtherSeries D+$119.4MJun 27
Tools for Humanity Corp
SAN FRANCISCO
Other TechnologySeries D+$115.4MApr 12
Transervice Ultimate Holdings, LLC
NEW YORK
OtherSeries D+$115.0MJun 29
Cortica Inc.
SAN DIEGO
Other Health CareSeries D+$114.7MApr 10
80 Acres Urban Agriculture, Inc.
Hamilton
AgricultureSeries D+$114.3MJun 8
Re:Car, Inc.
FRAMINGHAM
ManufacturingSeries D+$111.0MJun 7
Mattereum Group Ltd
London
Other TechnologySeries D+$111.0MJun 13
Renibus Therapeutics, Inc.
SOUTHLAKE
PharmaceuticalsSeries D+$110.9MMay 25
Enfabrica Corp
MOUNTAIN VIEW
Other TechnologySeries D+$110.1MJun 23
Kortuc Usa Inc.
MENLO PARK
PharmaceuticalsSeries D+$108.7MApr 30
FrameTec Bravo LLC
PHOENIX
OtherSeries D+$105.0MMay 8
CapriaGrowth/Late$100.0MApr 27
Boundless Bio, Inc.
San Diego
BiotechnologySeries D+$100.0MApr 5
Freedom Dental Funding, LLC
MONTCLAIR
HealthtechSeries C$100.0MJun 13
Sixgomeow Ltd
LONDON
RetailingSeries C$100.0MJun 15
Celestial AI Inc.
Santa Clara
AI / MLSeries C$100.0MApr 11
Pinecone Systems, Inc.
New York
Software / TechSeries C$100.0MApr 10
BillGo, Inc.
FORT COLLINS
Other TechnologySeries C$94.3MApr 3
Measurabl, Inc.
SAN DIEGO
Business ServicesSeries C$92.6MMay 31
Gynesonics, Inc
REDWOOD CITY
Other Health CareSeries C$92.2MApr 6
BSP-BPI Holdings LLC
NEW YORK
OtherSeries C$90.0MApr 20
Merritt Community Capital Fund 24, L.P.
OAKLAND
Investment VehicleSeries C$89.7MJun 13
Oric Pharmaceuticals, Inc.
SOUTH SAN FRANCISCO
BiotechnologySeries C$85.0MJun 27
Biggest step-ups

Largest jumps from a company's prior reported round to a round landing this quarter. Round sizes are reported figures, not modeled.

CompanySectorPrior roundThis roundStep-up
Illuminated Holdings, Inc.Other$3.3M$122.5M37.5×
TeleVet, Inc.Other Technology$1.5M$32.5M21.4×
Minerva Neurosciences, Inc.Biotechnology$1.0M$20.0M20.0×
IGM Biosciences, Inc.Biotechnology$1.3M$22.5M17.3×
Updater Inc.Other Technology$4.2M$64.5M15.3×
Starburst Labs, Inc.Software / Tech$1.0M$15.0M15.0×
PayJoy Inc.Other Technology$1.0M$14.8M14.8×
CurvaFix, Inc.Other Health Care$3.1M$45.1M14.6×
Lost River Mining, Inc.Mining & Resources$2.7M$40.0M14.6×
Sovos Co-Invest LPInvestment Vehicle$2.0M$29.1M14.4×
Dura Software, Inc.Software / Tech$6.0M$83.2M13.9×
Helixintel Corp.Other$1.3M$16.9M13.5×
New operators on record

Companies whose earliest reported round lands this quarter — first-time raisers, by opening round size.

CompanySectorStageOpening roundFiled
KKR Infrastructure Conglomerate LLC
NEW YORK
Investment VehicleGrowth/Late$3.0BJun 1
Talen Energy Corp
The Woodlands
Business ServicesGrowth/Late$1.4BMay 17
ALKU Holdings, LLC
ANDOVER
Business ServicesGrowth/Late$960.6MMay 23
Cengage Learning Holdings II, Inc.
BOSTON
Investment VehicleGrowth/Late$525.0MMay 22
Clarion Beverage Assets Funds, LP
HOUSTON
Food & BeverageGrowth/Late$500.0MApr 14
HAG Holding Ltd
SINGAPORE
Other TechnologyGrowth/Late$500.0MApr 13
Aestas Management Company, LLC
SAN FRANCISCO
Other TechnologyGrowth/Late$495.9MApr 10
Silk Holdings I Corp.
BOSTON
Investment VehicleSeries D+$348.0MMay 1
Opry Investment Holdings I, LLC
NASHVILLE
Investment VehicleSeries D+$202.7MJun 9
Bullwhip Topco, Llc
SAN FRANCISCO
OtherSeries D+$175.3MMay 4
HPA SPQ Topco, LP
NEW YORK
Other TechnologySeries D+$162.3MJun 16
Saluda Medical, Inc.
Bloomington
HealthtechSeries D+$150.0MApr 6
2023-Q2 venture financing — $31.0B raised · Provath