The Week’s 10 Biggest Funding Rounds: Physical AI Startup Atoms Leads In Varied Week For Large Deals
Want to keep track of the largest startup funding deals in 2026 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.
Startup investors poured capital into a varied lineup of large rounds this week, targeting sectors including physical AI, biotech, cybersecurity, AI infrastructure and fintech. By far the largest financing of the week was a $1.7 billion round for Uber founder Travis Kalanick’s physical AI startup, Atoms, followed by sizable investments for 3D AI model developer Meshy AI and battery technology company Sila.
1. Atoms, $1.7B, physical AI: Atoms, the physical AI startup founded by Uber founder Travis Kalanick, raised $1.7 billion in a funding round led by Andreessen Horowitz. Kalanick touted the Los Angeles-based company’s vision as “about the coming industrial revolution where large industrial economic sectors get completely digitized.”
2. Meshy AI, $400M, AI for 3D: Silicon Valley-based Meshy AI, a startup developing foundation models for AI-powered 3D generation, closed on $400 million in Series B funding at a $1.5 billion valuation. Lead backers include Monolith Capital, IDG Capital and Matrix Partners China, per Crunchbase data.
3. Sila, $300M, battery technology: Battery technology company Sila secured $300 million in a new round led by Atreides Management and Sutter Hill Ventures. The Alameda, California, company will use the funding to expand its silicon anode plant in Moses Lake, Washington.
4. Etched, $300M, inference technology: Etched, a co-designer of chips, racks, software and manufacturing methods for use in frontier models, picked up $300 million in Series C funding. Sequoia Capital led the round, which set a $10 billion pre-money valuation for the San Jose, California-based company.
5. Augustus, $180M, fintech: Augustus, a startup aimed at providing financial institutions around the world direct access to dollar accounts, secured $180 million in Series B funding. Tiger Global led the round, which set a $1 billion valuation for the San Francisco-based company.
6. Cathedral, $160M, defense tech: Cathedral, a startup aimed at expanding U.S. military cyber capabilities, reportedly raised $160 million with backing from Sequoia Capital and Andreessen Horowitz. The Washington, D.C.-based startup was reportedly founded by a team of former DOGE employees.
7. Crystalys Therapeutics, $130M, biotech: Crystalys Therapeutics, a biotech developing therapies for people living with gout, closed an oversubscribed $130 million Series B round. Frazier Life Sciences led the financing for the San Diego-based company.
8. Candid Health, $120M, healthcare software: San Francisco-based Candid Health, developer of a revenue cycle management platform for the healthcare industry, landed $120 million in Series D funding led by Sixth Street Growth.
9. Glow, $100M, cybersecurity: Glow, a Palo Alto, California-based AI-powered endpoint security startup, launched from stealth and announced it has raised $180 million to date, of which, per Crunchbase, $100 million comes from its newest financing. Lead backers include Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint.
10. Neo Security, $75M, cybersecurity: Boston-based Neo Security, a startup working on an agentic software control platform for enterprises, picked up $100 million in a new round led by Bessemer Venture Partners and Andreessen Horowitz.
Methodology
We tracked the largest announced rounds in the Crunchbase database that were raised by U.S.-based companies for the period of July 18-24. 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
Stay up to date with recent funding rounds, acquisitions, and more with the Crunchbase Daily.
67.1K Followers
How it works
Once you click Generate, Ollama reads this article and crafts 5 comprehension questions. Your answers are graded against the article content — general knowledge won't be enough. Score 70+ to count toward your certificate.
Questions are cached — you'll always get the same 5 for this article.