The latest week in startup funding featured significant rounds, with two notable raises: Magic secured $320 million for its AI capabilities, while Cribl raised $200 million, boosting its valuation to $3.5 billion. Codeium, an AI coding assistant, completed a $150 million Series C, reaching a valuation of $1.25 billion. Other funding highlights include $112 million for biotech firm Elektrofi, $100 million for Navigator Medicines, and $80 million for defense startup Parry Labs. RentVine raised $74 million, followed by Web3 payment platform Bridge with $58 million. Noetik, working on cancer therapeutics, secured $40 million, while Butlr raised $38 million with its sensor technologies. The biggest global deal came from China with a $141 million round for a composite materials producer. The week underscores a continuing trend of substantial investments, especially in AI and biotech sectors.

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