The Week’s Biggest Funding Rounds: Flock Raises Big As Investors Swarm To Public Safety
In a week marked by significant funding activity, Atlanta-based Flock Safety raised $275 million, valuing the public safety startup at $7.5 billion. The company specializes in an integrated safety platform with features like license plate readers and AI-powered surveillance. Other noteworthy funding rounds included Celestial AI, which secured $250 million for its semiconductor technology, and Lila Sciences, raising $200 million to develop an AI-driven scientific superintelligence platform. Additionally, cybersecurity firm Cybereason gained $120 million, amidst a leadership change, while robotics startup Dexterity raised $95 million. San Francisco-based Nirvana Insurance and Lumafield also received substantial investments, along with several other startups across various technologies. Overall, although slightly fewer large rounds occurred compared to the previous week, the investment landscape remained robust across multiple sectors, particularly in public safety, semiconductor, life sciences, and cybersecurity.
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