FUNDING
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FUNDING~$2.13B combined
This Week's Mega-Rounds, By the Numbers
Hadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.
BY THE NUMBERS
FUNDING
Healthcare AI Funding Is Splitting Into a Barbell
FUNDING
Healthcare AI Funding Is Splitting Into a Barbell
Function Health's $450 million growth round at a $2.5 billion valuation and Assured's $19 million Series A, closing within a day of each other, show healthcare AI capital concentrating at the very top and very bottom of the check-size range at once.
FUNDING
Function Health Raises $450M From General Catalyst
FUNDING$450M Growth Round
Function Health Raises $450M From General Catalyst
Function Health raised $450 million in growth financing from General Catalyst's Customer Value Fund, eight months after a $298 million Series B, to keep scaling its lab-testing-and-imaging preventive health platform nationwide.