June 2025 Venture Growth Funding Recap

Growthink Capital Research tracked $13.4 billion in new venture funding in May 2025, compared to the $49 billion recorded in April.

The month’s biggest funding event belonged to Anthropic ($3.5 billion), a large language model platform designed for business-critical use cases, enabling organizations to improve efficiency, creativity, and decision-making.

Twenty-three companies raised over $100 million in May. Other than Anthropic, the other twenty-two companies that raised the most are as follows:

1. 1. 1. Acrisure ($2.1 billion) an insurance brokerage service intended to manage and overcome complex risk and insurance challenges, enabling real-time collaboration among agency partners and enhancing cross-selling and knowledge-sharing initiatives to identify new business opportunities.

1. 1. 2. Anysphere ($900 million) an artificial intelligence-powered coding platform designed to enhance the productivity and capabilities of programmers and software engineers, enabling software developers and technology companies to improve workflow efficiency, reduce manual effort, and accelerate software development processes.

1. 1. 3. Wonder ($600 million) a cloud kitchen platform intended to provide high-profile chef recipes, enabling users to receive food from various restaurants and chefs.

1. 1. 4. Rippling ($450 million) a workforce management platform designed to eliminate the administrative work of running a company, enabling companies to onboard new employees seamlessly.

1. 1. 5. ClickHouse ($350 million) an online analytical processing database management system designed to generate analytical reports using SQL queries, enabling enterprises with a secure, reliable, and scalable resolution to streamline all their data processing.

1. 1. 6. Airwallex ($300 million) a global payments and financial platform company designed to process international payments, enabling clients to issue and pay invoices in their preferred currency at the mid-market foreign exchange rate.

1. 1. 7. Chaos Industries ($275 million) a global technology company designed to upgrade sensing, detection, and effects for defense and critical industries through advanced time synchronicity, enabling defense, government, and industrial sectors to enhance operations with integrated, software-defined capabilities in challenging environments.

1. 1. 8. Joby Aviation ($250 million) a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge.

1. 1. 9. Addepar ($230 million) a multi-product software designed to make investment decisions and portfolio outcomes, enabling investment professionals worldwide to make decisions with data, information, and cutting-edge technology.

1. 1. 10. Supabase ($200 million) an open-source backend platform designed to help developers build and manage applications, enabling developers to create applications efficiently with built-in scalability, security, and compatibility with various frameworks and technologies.

1. 1. 11. Awardco ($165 million) an employee recognition platform designed to enhance workplace culture, enabling organizations to boost employee engagement, reduce administrative burden, and foster a positive work environment.

1. 1. 12. Atlas Data Storage ($155 million) a data storage company designed for synthetic deoxyribonucleic acid for high-density and durable storage, enabling clients to meet data demands with scalable and energy-efficient storage infrastructure.

1. 1. 13. Stash ($146 million) a personal finance application intended to make savings and investments accessible to everyone, enabling users to save small sums of money and make micro-investments regardless of their age and income in a hassle-free manner.

1. 1. 14. NewLimit ($130 million) a precision medicine designed for epigenetic reprogramming to restore youthful function in aging cells, enabling researchers and medical professionals to advance treatments for age-related conditions and improve human healthspan.

1. 1. 15. Unrivaled Sports ($120 million) a youth sports club intended to empower athletes through a sports brand portfolio, enabling young athletes to get world-class experiences, development opportunities, and platforms to excel.

1. 1. 16. Bestow ($120 million) an on-demand insurance aggregator platform intended to provide affordable and convenient  life insurance services, enabling customers to access insurance products that are affordable and available instantly.

1. 1. 17. X-Bow Systems ($105 million) a rocket propellant intended to offer access to orbit for commercial and government payloads, enabling clients with high-speed electro-spin optimized for the constituent, fuel, binders, and oxidizers required for solid thrust.

1. 1. 18. Snorkel AI ($100 million) an artificial intelligence-powered programmatic data labeling tool designed for extracting information from text documents such as scientific articles and electronic health records, enabling enterprises to leverage structured data resources available in domains such as bioinformatics.

1. 1. 19. HubSync ($100 million) a tax integration platform built for tax professionals—empowering them to plan and analyze tax and accounting data, enhance visibility, simplify collaboration, reduce risk, and deliver a better digital experience for their clients.

1. 1. 20. TensorWave ($100 million) a next-generation AI and HPC cloud infrastructure designed to provide scalable and memory-optimized solutions for demanding AI workloads, enabling customers to access computing resources with exceptional performance, energy efficiency, and seamless integration for their AI and machine learning projects.

1. 1. 21. Statsig ($100 million) a digital product testing platform designed to help businesses in decision-making, enabling product developers to carry out a large number of tests and evaluate how their products are performing every day.

      22. Flow Communities ($100 million) a real estate company intended to deliver homeownership services, enabling customers to decrease their living costs.

One of our capital partners, a growth equity investor with $140M in deployable capital is actively seeking to invest in minority positions in high-growth companies across the following sectors:

• Industrial Technology: Automation, logistics, supply chain, last-mile delivery, IoT, and predictive maintenance.
• Food & Beverage: Primarily B2B-focused with selective branded exposure—especially in “better-for-you” consumer products.

Investment Criteria:

• Revenue: $5M+

• Profitability: EBITDA-positive or within 12–18 months of breakeven

• Company Type: Tech-driven, growth-stage manufacturing or operations-oriented businesses

• Investment Size: $5M–$50M (Series A to D)

The investor brings deep industry expertise and strategic support to help accelerate growth and scale operations.

Hottest Sectors

The hottest sectors for funding during the month were A.I./Machine Learning, Healthtech, Biotech, Business/Productivity Software, and Cybersecurity.

Key funding events in each of these sectors for the month are below:

1. A.I./Machine Learning deals included Anthropic ($3500 million), Snorkel AI ($100 million), Samaya AI ($43.5 million), TSOLife ($43 million), Cognichip ($33 million), Wisdom AI ($23 million), Greenlite AI ($15 million), Persist AI ($12 million), Atomic Canyon ($7 million), Layer ($6.5 million), Neuron Factory ($6 million), Mura ($6 million), Bito ($5.7 million), Upscale AI ($5.5 million), and Nekuda ($5 million).
2. Healthtech deals included Atlas Data Storage ($155 million), Cohere Health ($90 million), Akido Labs ($60 million), PhaseV ($50 million), Pillar Biosciences ($34 million), Dazos ($25 million), Acclaro Medical ($23 million), Outcomes4Me ($21 million), Carta Healthcare ($18.2 million), Olio ($11 million), Axle Health ($10 million), and Rad AI ($8 million).
3. Biotech deals included NewLimit ($130 million), Stylus Medicine ($85 million), Somite AI ($47 million), Nortian ($41 million), Vivodyne ($40 million), Inductive Bio ($25 million), Kincell Bio ($22 million), Diakonos Oncology ($20 million), Trailhead Biosystems ($20 million), and Paradigm Therapeutics ($12.5 million).
4. Business/Productivity Software deals included CloudZero ($56 million), Siro ($50 million), Sweep ($22.5 million), FanBasis ($20 million), Infinity Constellation ($17 million), BreachRx ($15 million), Row Zero ($10 million), Rentana ($5 million), and Pay-i ($4.9 million).
5. Cybersecurity deals included Ox Security ($60 million), Cerby ($40 million), Doppel ($35 million), Theom ($20 million), Pixee ($15 million), TrustCloud ($15 million), and ClearVector ($13 million).