These U.S. startups raised the most money in October

Plus, biggest defense tech raise of the year November 1, 2023 Hi, {NAME}. Even as the [venture market continues to meander]( a lot of startups raised big rounds in October. In fact, to make the month’s list, you had to raise a nine-figure round, and to come out on top you had to raise more than $1 billion. It was also a diverse month, as investors were willing to put cash into everything from parking solutions to space, although biotech and health-related startups took five of the top 10 spots. [Let’s take a look](. 🏆 [October’s largest funding deals: $1.1B raise tops the list]( U.S. startups working on everything from computer vision-assisted parking to neurological conditions to green hydrogen landed large checks from investors last month. 🛡️ [Defense tech startup gets $200M at $2.7B valuation]( [Shield AI]( raised another $200 million, marking the biggest raise this year for any defense tech startup. Its software enables aircraft to operate autonomously in high-threat environments. Related Crunchbase Pro list: [Defense Tech Funding In 2022]( 📝 [Biden’s AI order may have wide impact for startups]( The Biden administration on Monday released an executive order laying out a broad range of safety and security requirements around the use of artificial intelligence technology. The standards — which range from setting requirements for red-team testing to affixing labels on AI-generated content — [could have a wide impact on how AI-focused companies, and startups in particular]( develop and release new iterations of their products. Related Crunchbase Pro list: [US Funding To AI-Related Startups]( 🏐 [5 interesting startup deals, from giant Legos to pro volleyball]( There was no shortage of interesting startups getting funding last month, with VC cash going to a startup that’s developed an AI-fueled humanoid co-worker and one that does construction with what look like massive Legos. Let’s take a look at [some of October’s most eye-catching rounds](. 🤖 [How former Googlers’ VC firm invests in AI]( [Andy Harrison]( was at [Google]( when the tech giant launched the Transformer machine learning model in 2017 — a massive leap forward in the AI revolution that paved the way for generative AI chatbots like [ChatGPT]( several years later. Now Harrison is the CEO and managing partner at [Section 32]( a venture investment firm that also invests heavily in AI. We recently spoke with Harrison about the firm’s investments in everything from AI-enabled drug discovery to large language models. Related Crunchbase Pro list: [Section 32 AI portfolio companies]( [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Recent Investments [Bristol Myers Squibb]( [$4.5B]( / [Post-IPO Debt]( Bristol Myers Squibb focuses on discovering, developing, and delivering medicines for patients with serious diseases. Categories: Biotechnology • Health Care • Medical • Pharmaceutical Founders: [E. R. Squibb]( [John Ripley Myers]( [William McLaren Bristol]( [MeiraGTx]( [$30M]( / [Post-IPO Equity]( MeiraGTx is a biotechnology company that focuses on developing gene therapies to treat inherited and acquired genetic disorders. Categories: Biotechnology • Health Care • Therapeutics Founders: [Samuel D. Waksal]( Investors: [Sanofi]( (Lead) [Ambient.ai]( [$20M]( / [Venture Round]( Ambient.ai provides a security platform that applies AI to existing camera infrastructure to sensor and prevent incidents. Categories: Artificial Intelligence • Computer Vision • Machine Learning • Security • Sensor Founders: [Shikhar Shrestha]( [Vikesh Khanna]( Investors: [Allegion Ventures]( (Lead) Recent Acquisitions [Paragon Medical]( Pending acquisition by [AMETEK]( for $1.9B More Acquisitions Company Acquired By Amount [Superior Technical Ceramics]( [IDEX]( $206M [All Recent Acquisition Activity]( Upcoming Tech Events [Tech Baller]( February 12 - 13, 2024 in New York Tech Baller is the premier gathering of sports, entertainment & Web 3 pros at the intersection of pop culture and new technology Accelerator Deadlines Date Accelerator Location Nov 1, 2023 [mvgis]( Unknown Nov 6, 2023 [(ERA) Entrepreneurs Roundtable Accelerator]( New York [More Upcoming Deadlines]( Don’t see your event? Reach out to us at events@crunchbase.com. #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2023 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.