Posted by Alumni from Crunchbase
August 2, 2024
Another active week as far as nine-figure rounds go. Seven startups locked up rounds of $100 million or more ' including an agtech firm for the second week in a row and a Sphere-like entertainment startup. 1. Cosm, $250M, entertainment: Entertainment and technology are intersecting more than ever ' and Cosm is just the latest example. The Dallas, Texas-based Sphere-like immersive tech and entertainment company locked up a raise of more than $250 million from the likes of Mirasol Capital and Baillie Gifford. The new round values the company at more than $1 billion. Cosm offers guests an immersive dome that allows a shared reality experience, usually with something regarding sports. The company already has a venue in Los Angeles and plans for others in Dallas and Atlanta. 2. Altana AI, $200M, supply chain management: Altana AI, a supply chain management startup, locked up a $200 million Series C investment led by the US Innovative Technology Fund that values the company at $1 billion.... learn more