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Sequoia Was Busiest Startup Investor In June, While Meta Spent The Most

Illustration of a money-filled jar labeled June

This is a monthly feature that runs down some of the most-active investors in U.S.-based companies, looks at some of their most interesting investments, and includes some odds and ends of who spent what. See May’s most-active startup investors here.

Venture investors kept busy in June, with a handful of firms leading the charge.

The list of most-active U.S. investors by deal count and dollars invested this past month includes mostly familiar names such as , and .

We also saw join the ranks for spendiest, thanks to its $14.3 billion investment in .

Below, we break down frontrunners by several metrics including highest-spending lead investor, busiest investors and most prolific seed dealmakers, per ½ûÂþÌìÌà data.

Most-active venture investors

Among venture investors, Sequoia Capital, , and led for deal count.
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Sequoia Capital, in first place, did both a large number of deals and a lot of really big ones. Overall, the firm backed 15 venture rounds in June, including a $540 million Series E for cybersecurity provider and a $300 million Series E for legaltech startup .

Y Combinator, though best known as an accelerator, also has been moving up the ranks as a venture investor in later rounds for companies it helped incubate. It participated in 14 investments along these lines last month, including a  $125 million Series D for and an $80 million Series D for hospitality platform .

Khosla Ventures and General Catalyst, meanwhile, filled out the the No. 3 and 4 slots, with 12 deals each, ½ûÂþÌìÌà data shows.

Most-active and spendiest lead venture investors

Among lead investors, Andreessen Horowitz took the top slot for most-active dealmaker. The firm led or co-led five post-seed rounds in June, including a $300 million Series E for AI-enabled medical note-taking unicorn and a $131 million Series C for customer service AI platform .

and Founders Fund, meanwhile, each led or co-led four deals last month. Kleiner’s largest co-led deal was a $600 million Series F for automotive software provider .

Founders Fund’s biggest lead investment was a $2.5 billion Series G for defense tech unicorn . That deal also catapulted the firm into the second-place position as spendiest post-seed venture investor for June.

Meta, meanwhile, took the lead as the highest-spending startup backer with its $14.3 billion investment in Scale AI. The deal reportedly gives Meta a 49% in Scale and also calls for company founder and several other employees to join Meta.

Also notable:

  • We excluded seed-stage deals from the ranking of high-spending lead venture investors. However, if we had included them, Andreessen Horowitz would have ranked high as lead investor in AI startup ’s unprecedented $2 billion seed funding round.
  • Among seed investors, , Y Combinator and were the most active in June.

Illustration:


  1. Includes rounds of $5 million or more.

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