The Funding Warrior provides information on venture capital/private equity and startup funding. The Funding Warrior is a weekly news feature that runs down this week’s leading startup funding stories. Here’s a list of top startup funding stories:

Magic Leap, a Florida-based augmented reality and wearable technology company, has just announced that it has closed a $500 million funding round along with the news of a new AR headset, the Magic Leap 2. The 10-year-old startup has now received a total of $3.5 billion in fresh capital to fund its AR headset technology, according to the tech website The Verge.

Image by Pexels from Pixabay

Canada-based Pathway Medical has raised $1.3 million in fresh funds. The company’s leading investors are Amplify Capital, BoxOne Ventures, Panache Ventures, Desjardins Venture Capital. Dr. Josh Landy (ICU founder and cofounder of Figure 1), along with emergency physician entrepreneurs Dr. Julien Martel, Cherif Habib (CEO of Dialogue, TSE: CARE), Dr. Louis Charbonneau, and Dr. Alexandre Tratch (co-founders of AI medical startup DXA), are also backed the company in its latest funding round.

Abalos Therapeutics, a Germany-based startup that works on arenaviruses in a differentiated immuno-virotherapy approach to fight cancer diseases, has raised €32.5 million in Series A extension round. This latest funding round was led by Seventure Partners with participation from Hx Bio Ventures, Venture BioMed Investors, Coparion as well as existing investors High-Tech Gründerfonds (HTGF), Gründerfonds Ruhr, NRW.BANK, and Boehringer Ingelheim Venture Fund (BIVF).

Rectify Pharmaceuticals, Inc., a Massachusetts-based biotechnology startup that specializes in disease-modifying precision therapies, this week announced that it has closed a $100 million in Series A financing. This latest funding round was led by Omega Funds along with Atlas Venture, Longwood Fund, and Forbion.

OneProjects, a Dublin, Ireland-based developer of 4D cardiac imaging technology, has just secured $17 million in fresh capital. This latest funding round included: an $8 million Series A2 financing and two grants worth $9 million. The Series A2 financing round, which is an extension to the company’s 2020 Series A1 funding round, was led by imec.xpand, the European Innovation Council (EIC), along with participation from existing investors LSP and Atlantic Bridge Ventures. The grant was awarded by the EIC Accelerator ($3 million) and the Irish government’s Disruptive Technologies Innovation Fund ($6million).

Dutchie, an Oregon-based cannabis tech platform, has raised $350 million in its Series D funding round led by D1 Capital Partners. This latest funding pushed the company’s valuation at a whopping $3.75 billion.

Trusscore, an Ontario, Canada-based material science company, has raised CDN $26 million in its latest Series A funding round. This latest company’s funding round was led by Round13 Capital from its newly created Earth Tech Fund.

Convex, a San Francisco, California-based software platform that focuses on digitizing the commercial services industry, this week announced that it has raised around $39 million in its Series B financing round. This brings the total capital raised to $60 million. The funding round was led by Emergence Capital, Fifth Wall, and GGV with special participation from Soma Capital, 1984 Ventures, UP2398, along with former ServiceMax CEOs Scott Berg and David Yarnold.

Reliable Robotics, a Mountain View, California-based automated aircraft systems company, has received $100 million in its Series C funding round. Coatue Management led this latest funding round, which brought total fundraising to over $133 million, with participation from past investors Eclipse Ventures, Lightspeed Venture Partners, Pathbreaker Ventures, and Teamworthy Ventures.

Disruption is about to hit Silicon Valley. At One Ventures, a San Francisco, California-based deep-tech venture capital firm, has finally closed its first fundraising, at $150 million.

Perx Health, an Australian-based digital health startup, this week raised $2.2 million in seed funding. The latest funding round was led by AirTree Ventures. The newly-raised capital will be used to fund the company’s planned expansion in the US market.

Spaced Ventures Inc., a Florida-based crowdfunding platform that focuses on space startups, this week announced that it has raised over $1.2 million in seed funding. This latest fundraising round was led by WorldQuant Ventures with some participation from angel investors Alex Fisher.

Outschool, a San Francisco, California– based K-12 education marketplace, has secured $110 million in its latest Series D funding round, which was led by previous investor Tiger Global Management. Other investors are SV Angel, Union Square Ventures, FundersClub, Lightspeed Ventures, Reach Capital, and Coatue. The round values the company at $3 billion.

Alloy, a New York-based telehealth company, has raised $3.3 million in seed funding. Investors included PACE Healthcare Capital and venture studio Kairos HQ.

Pani, a Vancouver, Canada-based SaaS startup, has just closed an $8 million CAD funding round. This latest funding round includes a seed equity round co-led by Blue Bear Capital and Blue Coast. Mazarine Ventures, Humanitas, the Sustainable Development Technology Canada (SDTC) as well as other government agencies also participated in this latest funding round.

Plume Design, a Palo Alto, California-based SaaS platform for connected homes, has raised a $300 million round of funding, pushing its valuation to a whopping $2.6 billion. SoftBank Vision Fund 2 led this latest funding round.

TripActions, a Palo Alto, California-based startup that provides corporate travel booking tools, is making a strong comeback in the travel industry. After raising $155 million earlier this year, the company has just announced another fresh funding. The company has just raised $275 million in a Series F funding round led by Greenoaks. The round, which values the company at $7.25 billion, brings the company’s total raised funds to nearly $1.3 billion.

This week Trumid, a New York-based fintech and electronic credit trading platform, announced that it has closed a $208 million financing, which was led by Point Break Capital Management.

Bond Vet, a New York-based vet services provider, has received $170 million in fresh capital investment from Warburg Pincus. According to startup profiler Crunchbase, the NY-based startup has now received a total of $195 million.

Tala, a Los Angeles-based fintech company that provides financial services in emerging markets, this week announced that it has closed a $145 million Series E funding, which was led by Upstart. This brings the company’s total raised capital to more than $350 million.

CinCor Pharma, a Cincinnati-based biopharmaceutical company, announced that it has raised $143 million in its Series B financing round led by General Atlantic.

Dexterity, a Redwood City, California-based provider of robotic systems for logistics and supply chains, announced that it has raised a $140 million Series B round of equity and debt funding led by Kleiner Perkins and Lightspeed Venture Partners. This latest Series B funding pushes the company’s valuation at $1.4 billion.

Weights & Biases, a San Francisco, California-based platform developer that focuses on machine learning technology, has announced that it has secured a $135 million Series C fresh funding from new investors Felicis Ventures and BOND, and existing company’s investors Insight Partners and Coatue. The latest fundraising values the company at $1 billion.

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