Here’s the full list of 28 U.S. AI startups that raised more than $100 million in 2024

While AI fatigue is real for some, venture capitalists are clearly not tired of the space.

According to the latest data from Crunchbase, over $35.5 billion was invested in AI startups worldwide in the first half of 2024 alone. Five of the six venture capital rounds of over $1 billion raised in the first half of 2024 were by AI companies.

Many other AI startups have also successfully raised mega rounds of over $100 million. U.S. startups raised two $1 billion rounds in the first half of the year, accounting for nearly two-thirds (64%) of mega rounds.

Here are the US-based AI companies that have raised over $100 million so far in 2024:

July

• Hevia, $130 million: Andreessen Horowitz led Heavier’s funding round, which closed on July 8. The startup, which uses generative AI to search documents at scale, also raised funding from Peter Thiel, Index Ventures, and Google Ventures, giving it a valuation of $700 million.
• Skilled AI, $300 million: Pittsburgh-based Skild AI announced a $300 million Series A round on July 9, valuing the company at $1.5 billion. The round was led by Lightspeed Venture Partners, Coatue, and Jeff Bezos’ Bezos Expeditions, with participation from Sequoia, Menlo Ventures, General Catalyst, and others. Skild AI develops technology to power robots.

June

• Bright Machines, $106 million: BlackRock led Bright Machines’ $106 million Series C round, which closed on June 25. Nvidia, Microsoft, Eclipse Ventures and others also participated. The startup, which makes both smart robots and AI-powered software, has raised more than $437 million in total funding to date.
• Etched.ai, $120 million: San Francisco-based Etched.ai raised $120 million in a Series A round on June 25. The round was led by Primary Venture Partners and Positive Sum, with participation from Two Sigma Ventures, Peter Thiel, Kyle Vogt and others. Etched.ai is working on developing chips that can run AI models faster and cheaper than GPUs.
• EvolutionaryScale, $142 million: New York-based EvolutionScale develops biological AI models for therapeutic design. The company raised $142 million in a seed round that closed on June 25. The round was led by Lux Capital, former GitHub CEO Nat Friedman, and angel investor and former Y Combinator AI head Daniel Gross. The company was founded in 2023.
• AKASA, $120 million: Akasa, a healthcare revenue cycle automation platform, announced a $120 million funding round on June 18. The San Francisco-based startup has previously raised a total of $205 million in funding from investors including Andreessen Horowitz, Costanoa Ventures and Bond.
• AlphaSense, $650 million: New York-based AlphaSense raised $650 million in a Series F round announced on June 11. The round was led by Viking Global Investors and BDT & MSD Partners, with participation from CapitalG, SoftBank Vision Fund, Goldman Sachs and others. AlphaSense is a market intelligence platform founded in 2008. The company has raised more than $1.4 billion in venture funding and was last valued at $4 billion.

May

• xAI, $6 billion: Elon Musk’s xAI raised a staggering $6 billion in Series B funding on May 31 from investors including Sequoia, Valor Equity Partners, and Fidelity. The startup is building an AI platform to “accelerate human scientific discovery,” giving it a staggering valuation of $24 billion.
• Scale AI, $1 billion: Scale AI, a startup that provides companies with data labeling services for training AI models, raised $1 billion in May. The Series F round was led by Accel, with participation from Tiger Global, Spark Capital, Amazon and others. San Francisco-based Scale AI has raised more than $1.6 billion in total to date and is currently valued at nearly $14 billion.
• Snow, $125 million: AI music creation platform Suno has raised $125 million in a Series B round that closed on May 21. The round values ​​the Cambridge, Massachusetts startup at $500 million. Investors in the round included former GitHub CEO Nat Friedman and former Y Combinator AI head Daniel Gross, along with Founder Collective, Lightspeed Venture Partners, and Matrix.
• Weka, $140 million: Silicon Valley-based Weka, which has developed an AI-native data platform, raised $140 million in a Series E round that closed on May 13. The funding was led by Valor Equity Partners, with participation from Qualcomm Ventures, Nvidia, Hitachi Ventures and others. The startup was valued at $1.6 billion.
• CoreWeave, $1.1 billion: New Jersey-based GPU infrastructure provider CoreWeave raised $1.1 billion in a Series C funding round that closed on May 1. Coatue led the round, with participation from Fidelity, Altimeter Capital, Magnetar Capital and others. CoreWeave was founded in 2017 and is valued at $19 billion.

April

• The Blades, $106 million: AI computing platform company Blaize has raised $106 million in a Series D round announced on April 29. Investors in the round included Temasek, Franklin Templeton, and Beth Ventures. The company was founded in 2010 and has raised $242 million to date.
• Increase, $227 million: Palo Alto-based Augment has raised $227 million for the AI ​​coding assistance startup. The startup’s Series B round was announced on April 24. Lightspeed Venture Partners, Index Ventures and Sutter Hill Ventures participated in the round, valuing the startup at just under $1 billion.
• Cognition, $175 million: Founders Fund led a $175 million funding round for applied AI lab startup Cognition, which closed on April 24. The round came just a month after the company raised a $21 million Series A round in March from Founders Fund and a number of other investors, including Ramp co-founder Eric Griman, Stripe co-founders Patrick and John Collison, and DoorDash co-founder Tony Xu. The company was founded in November 2023 and is already valued at nearly $2 billion.
• Xaira Therapeutics, $1 billion: Xaira Therapeutics, a San Francisco-based AI drug discovery startup, has raised $1 billion in a Series A round. The round, announced on April 23, was led by Foresite Capital and ARCH Venture Partners. Sequoia, NEA, Lux Capital, and many other firms also participated in the round.
• Cyera, $300 million: Coatue led the recent $300 million Series C round in AI-powered data security platform Cyera, which closed on April 9. The round valued the New York-based startup at $1.4 billion. Sequoia, Redpoint, Accel, and others also participated in the round.

march

• Celestial AI, $175 millionFounded in 2020, Celestial AI is building an optical interconnect technology platform for data centers and AI solutions, and on March 27 raised $175 million in a Series C round, bringing its total funding to $338 million. The round was led by Thomas Tull’s US Innovative Technology Fund, with participation from M Ventures, Temasek, Taiche Partners and others.
• FundGuard, $100 million: FundGuard, a New York-based startup that offers an AI-powered investment accounting operating system, has raised $100 million at a valuation of $400 million. The Series C round closed on March 25 and was led by Key1 Capital, with participation from Hamilton Lane, Blumberg Capital, Team8, and others.
• Together AI, $106 million: Salesforce Ventures led a $106 million Series A round in Together AI, valuing the company at $1.2 billion. Together AI is a platform designed to help create infrastructure for the development of AI models and open source generative AI. Other investors in the round included NEA, Kleiner Perkins, Lux Capital and others. The round was announced on March 13.
• Zephyr AI, $111 million: Fairfax Station, Virginia-based Zephyr AI raised $111 million in a Series A round that closed on March 13. The round included participation from Revolution Growth, Eli Lilly and Company Foundation, EPIQ Capital Group, and investor Jeff Skoll. Founded in 2020, the startup uses AI to power drug discovery and precision medicine. It has raised a total of $129.5 million to date.

February

• Greening, $203 millionAI-driven enterprise search startup Glean raised $203 million in a round on Feb. 27 at a valuation of $2.4 billion. The Series D round was led by Lightspeed Venture Partners and Kleiner Perkins, with participation from Sequoia, General Catalyst, Databricks Ventures, and others. The Silicon Valley-based startup has raised more than $350 million in venture funding, and founder Arvind Jain was recently interviewed on TechCrunch’s Found podcast.
• The figure is $675 million. Silicon Valley-based AI robotics startup Figure raised $675 million in a Series B round that closed on February 24. The round valued the company at nearly $2.7 billion. Investors in the round included Nvidia, OpenAI, Microsoft, and others. The startup was founded in 2022 and has raised more than $850 million.
• Abridge, $150 millionAbridge, a Pittsburgh-based company that uses AI to transcribe medical conversations, raised $150 million in a Series C round that closed on Feb. 23. The round was led by Redpoint and Lightspeed Venture Partners, with participation from USV, IVP, Spark Capital and others. The round values ​​the six-year-old company at $850 million.
• Recogni, $102 million: The company designs high-power, low-power AI interface solutions and raised $102 million in Series C funding on February 20. The round was led by GreatPoint Ventures and Celesta Capital. Pledge Ventures, Mayfield, and DNS Capital also contributed to the round.
• Lambda, $320 million: San Francisco-based deep learning infrastructure company Lambda raised $320 million in a Series C round announced on February 15. The round was led by Thomas Tull’s US Innovative Technology Fund, with participation from Gradient Ventures, Mercato Partners, T. Rowe Price, and others. Lambda has raised more than $900 million in venture capital and was last valued at $1.5 billion.
• Magic, $117 million: AI coding startup Magic raised $117 million in a Series B funding round that closed on Feb. 12. The round was led by NFDG Ventures, with participation from CapitalG and angel investor Elad Gil. The San Francisco-based company has raised more than $145 million in total funding.

January

• Kore.ai, $150 million: Kore.ai, a startup developing conversational AI for enterprises, raised $150 million in a Series D round announced on January 30. The Orlando, Florida-based company’s round was led by FTV Capital, with participation from Nvidia, Vistara Growth, NextEquity Partners and others. Kore.ai was founded in 2013 and has raised more than $223 million to date.