Top Tech Startup Funding News Today – February 20, 2025

It’s been a while since we last rounded up the day’s biggest tech funding deals, but we think we’re back for good this time. Let’s see how long that lasts. And if we do fall off again? Well, we’ll just pick up right where we left off.

Investors are keeping the momentum strong in AI, cloud infrastructure, and deep tech, backing startups that are redefining industries. Today’s funding rounds highlight the major players securing capital to scale their innovations. From AI computing power to sustainable construction materials, here’s a look at the biggest funding stories making waves on February 20, 2025.

Together AI Scores $305M to Scale AI Computing

AI infrastructure startup Together AI has raised $305 million in a round led by General Catalyst and Prosperity7 Ventures (Saudi Aramco’s investment arm), with participation from Salesforce Ventures, Nvidia, Kleiner Perkins, and Lux Capital. This latest raise bumps the company’s valuation to $3.3 billion, reinforcing the demand for scalable enterprise AI solutions.

Together AI provides developers with cloud-based computing access and open-source AI models, addressing a growing need for companies to integrate machine learning into their workflows. Revenue has surged past $100 million in annualized earnings, a sharp increase from $30 million in early 2024, according to Bloomberg.

Hightouch Raises $80M, Joins the Unicorn Club

Customer data startup Hightouch secured $80 million in Series C funding, pushing its valuation to $1.2 billion. Sapphire Ventures led the round, signaling continued demand for data activation platforms.

Hightouch helps companies sync data across marketing platforms, CRMs, and ad networks, ensuring better targeting and personalization. Simplifying complex data integrations, allows businesses to execute smarter marketing campaigns with higher conversion rates. The funding will accelerate product development and global expansion, according to Crunchbase.

Lambda Pulls in $480M to Support AI Developers

AI Developer Cloud provider Lambda raised $480 million in Series D funding to expand its GPU cloud services. The company provides the computing power needed for AI training and deployment, a critical component as businesses ramp up machine learning initiatives. Lambda has seen increasing adoption among AI research labs and enterprises, with demand outpacing available GPU supply, per Forbes.

Baseten Banks $75M for AI Deployment Tools

San Francisco-based Baseten, an AI inference and deployment platform, secured $75 million in Series C funding. The company streamlines AI model deployment for businesses, reducing time and technical overhead. The fresh capital will help scale infrastructure and improve platform accessibility for non-technical teams, according to TechStartups.com

Augury Lands $75M to Improve Industrial AI

Augury, an industrial AI startup, locked in $75 million from Lightrock to expand its predictive maintenance and process optimization capabilities. By analyzing machine health data, Augury helps manufacturers prevent costly equipment failures and optimize production lines. With factories facing increasing operational challenges, this funding positions Augury as a go-to solution in the industrial automation sector, per The Information.

Terra CO2 Picks Up $82M for Greener Construction Materials

Green tech startup Terra CO2 raised $82 million in a Series B round to expand the production of sustainable alternatives to traditional cement and concrete. As construction companies face mounting pressure to cut emissions, Terra CO2 is offering solutions that lower environmental impact while maintaining durability. The startup is now working on scaling up production capacity to meet industry demand, according to Morning Star.

Lumotive Secures $45M for Optical Chip Tech

Optical semiconductor startup Lumotive pulled in $45 million in a Series B round. The company is developing programmable optical chips that could improve automotive sensing, consumer electronics, and augmented reality experiences. With the rise of autonomous vehicles and spatial computing, Lumotive is positioning itself as a key innovator in next-generation optical technologies, per Wired.

Perceive Pharma Snags $15M for Eye Disease Treatments

Biotech startup Perceive Pharma landed $15 million in Series A funding to develop small-molecule treatments for eye diseases. The company is working on therapies aimed at slowing or reversing degenerative vision conditions, a sector that continues to see high investment interest due to aging populations. Perceive Pharma’s early trials have shown promising results, per STAT News.

Avandra Raises $17.75M to Expand Medical Imaging Tech

Cleveland-based Avandra, a leader in AI-powered medical imaging, secured $17.75 million to enhance diagnostic capabilities. Its federated data network allows hospitals and research institutions to share and analyze imaging data while preserving patient privacy. The funding will be used to expand partnerships with healthcare providers and refine its AI algorithms, according to Fierce Biotech.

Valid Picks Up $5.5M for AI-Powered Advertising

San Francisco-based Valid, an AI-driven digital ad agency, raised $5.5 million in seed funding from Canaan Partners. The startup is leveraging AI to automate ad campaign optimization, making targeting more precise. With businesses seeking more cost-effective and data-driven ad strategies, Valid is aiming to disrupt traditional agency models, per AdWeek.

Final Take

AI, cloud computing, and sustainability continue to attract major funding. Startups securing capital in these sectors are well-positioned to drive industry changes and technological breakthroughs. Whether it’s refining AI infrastructure, optimizing industrial processes, or reshaping marketing strategies, today’s funding news highlights the companies that investors are betting on.

For more updates on funding and emerging tech, keep an eye on TechStartups.com.