The Weekly Notable Startup Funding Report: 2/3/25
Briefly

In the week ending February 1st, 2025, notable startup funding across the US amounted to $679M. Leading this was Helion Energy, securing $425M to advance its fusion power technology for cleaner electricity. Other significant fundings included ElevenLabs with $180M, and AI-based hiring platform Mercor, which raised $75M. Venture capital continues to flow into innovative sectors, particularly energy, AI, and defense, signifying ongoing confidence in technology-driven solutions addressing current market challenges.
Helion Energy has raised $425 million to develop fusion power technology aimed at clean electricity generation, reflecting growing interest in sustainable energy solutions.
Mercor, an AI-based hiring platform, secured $75 million, demonstrating the ongoing investment in recruitment technology that enhances job matching for seekers and employers.
Read at Alleywatch
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