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The Beat

Funding

Who's raising, who's writing the checks, and what the term sheets really say.

Ontic raises $230M Series C as KKR bets on Austin's connected-security platform
FundingMar 12

Ontic raises $230M Series C as KKR bets on Austin's connected-security platform

Mara Whitfield
FundingMar 6

Nominal hits $1B valuation as Founders Fund leads $80M round for its engineering data platform

Mara Whitfield
FundingMar 5

Founders Fund leads $80 million bet on Austin's Nominal at a $1 billion valuation

Mara Whitfield
Ownwell raises $50 million Series B to take its property-tax appeals national
FundingFeb 25

Ownwell raises $50 million Series B to take its property-tax appeals national

Mara Whitfield
Apptronik's Series A swells past $935 million as humanoid-robot race heats up
FundingFeb 13

Apptronik's Series A swells past $935 million as humanoid-robot race heats up

Mara Whitfield
Texas Instruments to buy Austin's Silicon Labs for $7.5 billion
FundingFeb 4

Texas Instruments to buy Austin's Silicon Labs for $7.5 billion

Mara Whitfield

More Funding

Saronic raises $600 million Series C at $4 billion valuation for autonomous warships
FundingMara Whitfield · Feb 4

Saronic raises $600 million Series C at $4 billion valuation for autonomous warships

The Austin defense-tech company's round, led by Elad Gil, quadrupled its valuation as it builds an autonomous shipyard called Port Alpha.

FundingMara Whitfield · Feb 2

CesiumAstro closes $470 million to scale satellite communications and a new Austin HQ

The space-comms company combined a $270 million equity Series C led by Trousdale Ventures with $200 million in financing from EXIM and J.P. Morgan.

NinjaOne hits $5 billion valuation with $500 million in Series C extensions
FundingMara Whitfield · Jan 6

NinjaOne hits $5 billion valuation with $500 million in Series C extensions

The founder-controlled Austin IT-management company raised funding led by ICONIQ Growth and CapitalG to fund autonomous endpoint features and an acquisition.

FundingMara Whitfield · Dec 22

Truemed raises $34 million Series A to route HSA and FSA dollars to lifestyle health

Andreessen Horowitz led the Austin fintech's round as it expands access to tax-advantaged spending for preventive products.

Mythic raises $125 million to challenge Nvidia with analog AI chips
FundingMara Whitfield · Dec 17

Mythic raises $125 million to challenge Nvidia with analog AI chips

The Austin chip company, led by DCVC with Honda and Lockheed Martin participating, capped a turnaround with an oversubscribed round.

FundingMara Whitfield · Dec 2

Curative becomes a unicorn with $150 million Series B for its zero-cost health plan

The Austin health insurer reached a $1.275 billion valuation on a round led by the Upside Vision Fund as it plans a national expansion.

Function Health hits $2.5 billion valuation with $298 million Series B
FundingMara Whitfield · Nov 19

Function Health hits $2.5 billion valuation with $298 million Series B

The Austin preventive-health testing company raised an oversubscribed round led by Redpoint Ventures and launched a medical intelligence lab.

FundingMara Whitfield · Oct 8

Base Power closes $1 billion Series C, plans downtown Austin battery factory

The Austin home-battery company raised one of the largest private rounds in city history and is building its first factory on the old Austin American-Statesman printing site.