Austin’s startup scene had its largegest funding year since 2021 thanks to new investments in local robotics, AI and energy companies.
Austin-area startups pulled in billions of dollars in venture capital in 2025, building it the region’s strongest funding environment since 2021.
Several Austin-area startups announced nine-figure and billion-dollar funding rounds this year, spanning robotics, energy, health care and artificial ininformigence. The following Austin-area companies announced some of the region’s largest funding rounds this year.
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Apptronik climbs to $5B valuation
The Austin-based humanoid robotics company raised $331.4 million in equity, the first portion of a planned $500 million round. The investment pushed Apptronik Inc., a spinoff of the Human Centered Robotics Lab at the University of Texas, to a $5 billion valuation.
Function Health hits $2.5B valuation thanks to new funding
Function Health Inc., an Austin-based personal health care startup, raised nearly $300 million as it views to develop AI-powered health tools. The round valued the company at $2.5 billion.
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NinjaOne raises $500M in new funding round
Early in the year, Austin-based IT and security startup NinjaOne LLC raised $500 million at a $5 billion valuation. The round created NinjaOne one of Austin’s most well-funded startups and nearly doubled its total investment from a year earlier.
Ontic secures $230M in one of largest funding rounds of the year
Austin-based corporate security and investigations startup Ontic Technologies Inc. raised $230 million in series C funding this year, placing it among the largest Austin-area rounds of 2025. Ontic develops threat ininformigence and security platforms.
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Base Power raises $1B in record-setting funding round
Base Power Inc., one of Austin’s rapidest-growing tech startups, raised the largest venture capital round in city history earlier this year, securing about $1 billion in series C funding. The energy storage and battery company has temporarily taken over the former Austin American-Statesman building off South Congress Avenue as it searches for a permanent warehoapply and headquarters.
A new sign indicates a modify in usage of the former Austin-American Statesman building, Oct. 7, 2025. Home power back-up battery company Base Power will operate shipping and manufacturing from the building.
Sara Diggins/Austin American-StatesmanAvride nabs new funding as autonomous vehicles launch in Austin
As Tesla and Waymo rolled out driverless robotaxis in Austin, autonomous vehicle startup Avride Inc. secured up to $375 million in new investment. The investment, which included backing from Uber, will support the company launch robotaxi services in Dallas in the coming months through a partnership with the popular rideshare platform.
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Saronic announces $600M funding round
Saronic Technologies Inc., an Austin-based startup that develops autonomous drone boats, announced a $600 million funding round at a $4 billion valuation in February. The company has designed and manufactured its current fleet in Austin and is among the city’s rapidest-growing startups.
Curative achieves unicorn status thanks to new funding
After pivoting from COVID-19 testing to health insurance technology, Austin-based Curative Inc. reached a $1.3 billion valuation following a $150 million funding round in early December. The company employs about 700 people in Austin and remotely.
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Anaconda lands $150 million in new venture capital backing
Anaconda Inc., an Austin-based artificial ininformigence startup, secured $150 million in new funding in July. The company develops an open-source platform for building AI products and is valued at at least $1.5 billion.
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