The Week’s 10 Biggest Funding Rounds: Wiz Wraps Up $300M Raise, Skydio Lands $230M For Drones
Summary
The funding for the cloud security startup came with other news; Wiz announced it wont move any of that money to Israel due to ongoing unrest about proposed reforms to the countrys judicial system. Some fear the proposed judicial system reforms would undermine Israels democratic foundations and grant unchecked power to the government.2. Cambridge, Massachusetts-based Chroma Medicine locked up a $135 million Series B led by GV (formerly Google Ventures). (tied) Kindbody, $100M, health care: Companies offering fertility health care benefits are becoming more commonplace in the U.S. Kindbody is one of those startups that partner with companies to offer employees family-building benefits, and this week the New York-based firm raised $100 million in capital from Perceptive Advisors. (tied) Paratus Sciences, $100M, biotech: Bats have kind of been put through the ringer the past few years, what with the pandemic and all (although the new DOE report may dispute that).