For the past few months in March, April and May I've published posts on companies that have raised Venture Capital funding from financiers. These are financing rounds for private companies and span across the spectrum from Pre Seed, Seed and Series A rounds all the way up through mega rounds that captains of industry are raising in private markets. In this post we're going to reflect back on the year so far to review some of the most notable corporate investment rounds.
As a reminder you can see all company funding rounds through theFunding Roundsdashboard within your free Employbl account. Login here.
Additionally you can filter for all companies that are at a certain investment stage via theCompaniesdashboard. This is great for combining filters to say, find all Series A companies in New York or San Francisco. To explore these filters register here.
Though you can access all the data through the Employbl dashboard we'll present some findings on 2022 corporate financing here. We'll start with the largest rounds and then move on to financing rounds more traditionally associated with "startups".
Largest Funding Rounds 2022
Depending on who you ask "startup" means different things to different people. I'm going to start with the broadest definition and look at funding rounds for companies that are still funded in private markets. This is funding rounds for companies that are still private meaning they haven't "gone public" through an Initial Public Offering, SPAC or Initial Coin Offering.
You can browse all Public companies here.
Without further ado here are the largest financing rounds of 2022 so far. These companies are "startups" pretty much in the loosest possible definition of the word. I removed "Debt Financing" rounds because I learned that's pretty much just when companies take out a loan. So I'm not a finance person but I guess these are "equity rounds" meaning when companies sell part of the company to financiers in exchange for cash to grow their businesses.
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Company Name | HQ Location | Founded Year | Round Date | Round Name | Amount Raised
Epic Games | Cary, NC | 1991 | 2022-04-10 | Series Unknown | $2,000,000,000
SpaceX | Hawthorne, CA | 2002 | 2022-05-23 | Series Unknown | $1,500,000,000
Flexport | San Francisco, CA | 2013 | 2022-02-06 | Series E | $935,000,000
The Boring Company | Hawthorne, CA | 2016 | 2022-04-19 | Series C | $675,000,000
Cross River | Fort Lee, NJ | 2008 | 2022-03-29 | Series D | $620,000,000
Anthropic | San Francisco, CA | 2021 | 2022-04-28 | Series B | $580,000,000
AvantStay | West Hollywood, CA | 2017 | 2022-02-15 | Private Equity | $500,000,000
Wisk | Mountain View, CA | 2019 | 2022-01-23 | Corporate Round | $450,000,000
Yuga Labs | Miami, FL | 2021 | 2022-03-21 | Seed | $450,000,000
ConsenSys | New York, NY | 2014 | 2022-02-13 | Series D | $450,000,000
ConsenSys | New York, NY | 2014 | 2022-02-13 | Series D | $450,000,000
Weee! | Fremont, CA | 2015 | 2022-02-27 | Series E | $425,000,000
project44 | Chicago, IL | 2014 | 2022-01-10 | Private Equity | $420,000,000
Group14 Technologies | Woodinville, WA | 2015 | 2022-05-03 | Series C | $400,000,000
Miro | San Francisco, CA | 2011 | 2022-01-04 | Series C | $400,000,000
Memphis Meats | Berkeley, CA | 2015 | 2022-04-20 | Series C | $400,000,000
Circle | Boston, MA | 2013 | 2022-04-11 | Private Equity | $400,000,000
8minute Solar Energy | Los Angeles, CA | 2009 | 2022-01-18 | Private Equity | $400,000,000
Fractal | 2000 | 2022-01-04 | Private Equity | $360,000,000
Bolt | San Francisco, CA | 2014 | 2022-01-13 | Series E | $355,000,000
I had to double check that Anthropic round. Company founded in 2021 raised $580 million? Yup. It'd be interesting to see how these companies are doing in a few months. I'm sure the valutations were super high with all this money raised and now that crypto is crashing and the economy is going into recession these companies might have lots of cash but could be in trouble long term.
And ya Yuga Labs isn't a typo either. $450 million "Seed" round for some crypto idea dudes in Miami thought of last year. Their website says they're shaping Web3 through storytelling. You can't make this shit up.
Largest Early Stage Funding Rounds
So now for what is pretty universally accepted as startups. Most people think of startups as Series A or earlier. Some people think that companies that raise Series A are no longer startups but whatever we're including them. These are the largest Pre Seed, Seed and Series A early stage startup funding rounds of 2022 so far.
Yup not a typo Yuga Labs and Binance Exchange raised hundreds of millions of dollars to roll up the crypto space before it can even get started. I'm sure their investors will make plenty of tomorrow but I won't be suprised to see these companies are Web3 is Going Great. Okay I'm done being salty here's the list :)
Company Name | HQ Location | Founded Year | Round Date | Round Name | Amount Raised
Yuga Labs | Miami, FL | 2021 | 2022-03-21 | Seed | $450,000,000
Binance Exchange | San Francisco, CA | 2019 | 2022-04-05 | Seed | $200,000,000
ITrustCapital | Los Angeles, CA | 2018 | 2022-01-18 | Series A | $125,000,000
Luminous Computing | Palo Alto, CA | 2018 | 2022-03-02 | Series A | $105,000,000
CoinTracker | San Francisco, CA | 2017 | 2022-01-26 | Series A | $100,000,000
Island | Dallas, TX | 2020 | 2022-01-31 | Series A | $100,000,000
Hadrian | Hawthorne, CA | 2020 | 2022-03-30 | Series A | $90,000,000
Voltron Data | Mountain View, CA | 2021 | 2022-02-15 | Series A | $88,000,000
MoonPay | Miami, FL | 2018 | 2022-04-12 | Series A | $87,000,000
AmbAgon Therapeutics | San Francisco, CA | 2020 | 2022-01-05 | Series A | $85,000,000
Mojo | New York, NY | 2021 | 2022-03-08 | Series A | $75,000,000
Observe | San Mateo, CA | 2017 | 2022-05-10 | Series A | $70,000,000
ArriVent Biopharma | Pennsylvania Furnace, PA | 2021 | 2022-02-14 | Series A | $69,000,000
Ansa Biotechnologies | Emeryville, CA | 2018 | 2022-04-10 | Series A | $68,000,000
Our Next Energy | Novi, MI | 2020 | 2022-02-28 | Series A | $65,000,000
Eyebiotech | New York, NY | 2021 | 2022-02-21 | Series A | $65,000,000
Alterome Therapeutics | San Diego, CA | 2021 | 2022-01-18 | Series A | $64,000,000
Colossal Biosciences | Dallas, TX | 2021 | 2022-03-08 | Series A | $60,000,000
Everyrealm | New York, NY | 2021 | 2022-02-09 | Series A | $60,000,000
AndHealth | Columbus, OH | 2021 | 2022-02-09 | Seed | $57,000,000
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