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May 14, 2025 - Deals

Statsig Raises $100 Million In Series C Funding Led By ICONIQ Growth At $1.1 Billion Valuation

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Statsig, a Bellevue, WA-based startup led by CEO and Founder Vijaye Raji, has raised $100 million in Series C funding at a $1.1 billion valuation. The round was led by ICONIQ Growth, with participation from existing investors Sequoia and Madrona. Statsig offers an integrated platform for data-driven product development—combining experimentation, feature management, analytics, and real-time insights—used by companies like Notion, Microsoft, and Atlassian. The new funding will be used to expand platform capabilities and grow the team. INVESTORS: ICONIQ Growth, Sequoia Capital & Madrona Venture Group ROUND: Series C AMOUNT: $100,000,000 VALUATION: $1,100,000,000 HQ: #Bellevue #Washington #VentureCapital #Statsig #VijayeRaji #ICONIQGrowth #SequoiaCapital #MadronaVentureGroup #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC