In April 2025, Growthink Capital Research reported new venture funding of $49 billion, a significant increase compared to the $7.34 billion recorded in March.
The month’s biggest funding event belonged to OpenAI ($40 billion) an artificial intelligence-based research and deployment platform designed to create a safe artificial general intelligence that benefits all users, enabling clients to easily grow skills and gain knowledge with autonomous systems that outperform humans at economically valuable work.
Thirty companies raised over $100 million in April. Other than OpenAI, the other twenty-nine companies that raised the most are as follows:
- Plaid ($575 million) a data network programming platform designed to assist in connecting popular fintech applications with traditional bank accounts, enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial applications.
- Silicon Ranch ($500 million) an operator of solar energy plants, intends to bring low-cost, clean energy along with economic development and jobs into communities, enabling clients to get sustainable energy resources.
- SandboxAQ ($450 million) an advanced quantum and artificial intelligence technology intended to enhance data security and operational efficiency across various industries, enabling enterprises in life sciences, energy, and financial services to optimize operations and improve decision-making capabilities.
- PowerPay ($400 million) a provider of integrated e-commerce and point-of-sale (POS) payment processing services that enable businesses to accept payments for goods and services in real-time.
- Chainguard ($356 million) a supply chain security software intended to improve software supply chain security, enabling businesses to manage their supply chain security risks.
- Runway ($308 million) a creative tool designed to bring the benefits of artificial intelligence to creative projects, enabling artists, designers, and filmmakers to get an intuitive and simple visual interface.
- Mainspring Energy ($258 million) a linear power generator intended to bring affordable, reliable, and net-zero carbon grids of the future, enabling clients access electricity at a lower cost with higher reliability and lower carbon than the electric grid.
- Persona ($200 million) an identity verification system designed to protect and secure identity from theft and fraud, enabling businesses to seamlessly verify customer identities.
- Apex ($200 million) a standardized satellite bus designed to accelerate access to space for commercial and government missions, enabling aerospace companies to deploy payloads efficiently, reduce time to orbit, and expand mission capabilities.
- Base Power ($200 million) an electricity service intended to improve the reliability and affordability of home energy, enabling homeowners to have access to uninterrupted electricity.
- AIRNA ($155 million) a ribonucleic acid (RNA) editing platform designed for healthcare professionals, enabling patients to get a cure for rare and common diseases.
- Auradine ($153 million) a web infrastructure platform designed to provide a broad range of solutions across hardware, blockchain, and artificial intelligence, enabling clients to leverage modern technologies and access disruptive infrastructure.
- Altruist ($152 million) a digital investment platform designed to help financial advisors serve their clients, enabling advisors to help clients make proper and informed choices with their money.
- Dunmor ($150 million) a provider of bridge, fix and flip, ground-up construction, and DSCR rental loans for real estate developers across the United States.
- Atsena Therapeutics ($150 million) an ocular gene therapy designed to reverse or prevent blindness, enabling healthcare professionals to reverse or prevent blindness and overcome the hurdles presented by inherited retinal disease.
- Manychat ($140 million) an automated messaging platform designed to improve customer interactions across digital channels, enabling businesses to communicate efficiently, enhance engagement, and streamline support without requiring technical expertise.
- Ocient ($132 million) a data analytics platform intended to offer a rapid analysis of large datasets, enabling organizations to simplify their data ecosystem.
- Electra ($115 million) a hybrid-electric aircraft intended for sustainable urban and regional mobility, enabling clients to access safe, clean, quiet, convenient, and affordable transportation.
- Glycomine ($115 million) an orphan drug designed to treat rare disorders of metabolism and protein misfolding, enabling physicians to efficiently treat their patients.
- Rescale ($115 million) a cloud-based infrastructure platform designed to facilitate scientific and engineering simulations, enabling businesses to transform their IT into unified, agile environments and improve overall outcomes.
- RayThera ($110 million) a company currently focused on discovering and developing small-molecule therapies in immunology.
- Insilico Medicine ($110 million) an artificial intelligence (AI) platform focused on developing new drugs for cancer, fibrosis, immunity, central nervous system diseases, and age-related conditions—enabling pharmaceutical and academic partners to reduce the time and cost of bringing life-saving medications to patients.
- Veza ($108 million) a data security platform designed to secure data in the multi-cloud era, enabling data and security teams to stay secure, compliant, and deliver value to the business.
- Nuro ($106 million) a fully autonomous, on-road vehicle designed to transform local commerce through autonomous delivery, enabling clients to deliver goods to customers quickly, affordably, and safely.
- Dataminr ($100 million) an event and risk detection platform designed to discover critical information from publicly available data sets and deliver real-time alerts, enabling clients to easily detect early signals of various events and emerging risks from within publicly available data.
- Biolinq ($100 million) a biomonitoring health platform intended to improve metabolic health, enabling patients to receive personalized health insights, supporting advancements in metabolic health and medicine.
- Hammerspace ($100 million) a global data platform intended to provide storage of data for hybrid information technology environments, enabling companies to get their work done without any disruption to the infrastructure and application workloads.
- Redpanda ($100 million) a modern streaming data platform designed to record both real-time and historical enterprise data, enabling developers to deliver simplicity, performance, and reliability—and allowing enterprises to continue running their existing software stacks.
- Cyberhaven ($100 million) a data detection and response platform designed to prevent intellectual property theft and insider threats, enabling clients to protect their data more efficiently.
Growthink Capital New Mandates
We are currently working on a Marine MRO & Advanced Manufacturing – Growth Equity & Recap Opportunity. The company is a U.S.-based provider of marine maintenance, repair and overhaul (MRO), advanced manufacturing, and engineering services.
- $38 million in revenue and $4.9 million in adjusted EBITDA for 2024.
The raise includes:
- $15–$20 million in growth equity to support Equipment purchases and upgrades, Two add-on acquisitions, and Working capital
- An optional $15–$30 million recapitalization of existing equity to meet deal structure and size requirements.
If you’re interested in exploring this investment opportunity, please call us at (213) 927-3968, or fill out Growthink Capital’s contact form here.
The hottest sectors for funding during the month were Cybersecurity, A.I./Machine Learning, Healthtech, Financial Software, and Biotech.
Key funding events in each of these sectors for the month are below:
- Cybersecurity deals included Chainguard ($356 million), Persona ($200 million), Veza ($108 million), Dataminr ($100 million), Cyberhaven ($100 million), Exaforce ($75 million), Sentra ($50 million), Aurascape ($50 million), AuthMind ($19.3 million), Loti AI ($16.2 million), Scamnetic ($15 million), Prowler ($12.5 million), LayerX Security ($11 million), Cy4Data Labs ($10 million), NetRise ($10 million), Ottometric ($10 million), Sixmap ($7 million), and Kenzo Security ($4.5 million).
- A.I./Machine Learning deals included OpenAI ($40 billion), SandboxAQ ($450 million), Rescale ($115 million), Goodfire ($50 million), Unframe ($50 million), Bland AI ($40 million), Assort Health ($26 million), Augment AI ($25 million), Reducto ($24.5 million), P-1 AI ($23 million), Conductor AI ($15 million), Hi Auto ($15 million), Foundation EGI ($7.6 million), Swivel ($5.8 million), Collide ($5 million), and HeyLibby ($4.5 million).
- Healthtech deals included Chapter ($75 million), Solace ($60 million), Plenful ($50 million), Hellocare AI ($47 million), Well ($30 million), Bliss Aesthetics ($17.5 million), Daymark Health ($11.5 million), Gestalt Diagnostics ($7.5 million), Orthobrain ($7.5 million), and TadHealth ($5.5 million).
- Financial Software deals included Plaid ($575 million), Altruist ($152 million), Rain ($75 million), Luma Financial Technologies ($63 million), Instrumentl ($55 million), Tapcheck ($25 million), Meadow ($14 million), Vinyl Equity ($11.5 million), and Octane ($6.75 million).
- Biotech deals included AIRNA ($155 million), Atsena Therapeutics ($150 million), Glycomine ($115 million), RayThera ($110 million), Insilico Medicine ($110 million), Imbria Pharmaceuticals ($57.5 million), Solu Therapeutics ($41 million), and Vaxess ($9 million).
If you’re looking for outside funding to grow your company, please don’t hesitate to call us at (213) 927-3968 or fill out Growthink Capital’s contact form here.