The Weekly Notable Startup Funding Report takes us on a visit throughout numerous ecosystems within the US, highlighting a few of the notable funding exercise within the numerous markets that we observe. The notable startup funding rounds for the week ending 8/17/24 that includes funding particulars for Guidewheel, Amulet, and Quantity different offers representing $560M in new funding that you have to find out about.
Aalo Atomics – $27.0M
Austin-based Aalo makes small, factory-manufactured nuclear reactors that may slot in your storage, and energy something from a datacenter to a big metropolis. Based by Matt Loszak and Yasir Arafat in 2023, Aalo Atomics has now raised a complete of $33.3M in whole fairness funding and is backed by Alumni Ventures, AME Cloud Ventures, Crosscut Ventures, Earth Enterprise Capital, Fifty Years, Storage Capital, Harpoon, Jeff Dean, Nucleation Capital, Preston-Werner Ventures, SNR.vc, Valor Fairness Companions, and Wayfinder Ventures.
Actuate – $11.5M
New York-based Actuate enhances present surveillance programs by way of AI digicam software program that improves effectivity with out the necessity for brand spanking new {hardware}. Based by Benjamin Ziomek and Sonny Tai in 2018, Actuate has now raised a complete of $21.8M in whole fairness funding and is backed by Bling Capital, Grey Line Companions, Tensility Enterprise Companions, Tribeca Enterprise Companions, and Upside Partnership.
Quantity – $30.0M
Chicago-based Quantity is a digital know-how firm that accelerates digital transformation for monetary establishments. Based by Al Goldstein and Al Goldstein in 2019, Quantity has now raised a complete of $313.0M in whole fairness funding and is backed by Curql, Goldman Sachs, Hanaco Enterprise Capital, QED Buyers, and WestCap.
Amulet – $5.8M
Madison-based Amulet is the maker of smallest, quickest, and transportable meals sensor. Based by Abigail Barnes in 2016, Amulet has now raised a complete of $10.7M in whole fairness funding and is backed by AllerFund, Diede van Lamoen, Nice Oaks Enterprise Capital, HealthX Ventures, Incite.org, Julie Bornstein, and Mendota Enterprise Capital.
CodeRabbit – $16.0M
Walnut Creek-based CodeRabbit is a synthetic intelligence firm that provides detailed, line-by-line code recommendations and evaluations inside strains of code. Based by Guritfaq Singh and Vishu Kaur in 2023, CodeRabbit has now raised a complete of $19.6M in whole fairness funding and is backed by CRV, Engineering Capital, and Flex Capital.
The AlleyWatch viewers is driving progress and innovation on a worldwide scale. There are a variety of choices to achieve this viewers of the world’s most modern organizations and startups at scale together with strategic model placement, lead era, and thought management in entrance of an viewers that contains the overwhelming majority of key decision-makers within the NYC enterprise group and past. Study extra about promoting to NYC Tech, at scale.
Conduit – $6.0M
Boston-based Conduit is a greater manner for world companies to easily and cheaply transfer cash with quicker velocity, higher visibility and fewer steps. Based by Kirill Gertman and Michael Gregson in 2021, Conduit has now raised a complete of $23.0M in whole fairness funding and is backed by Helios Funding Companions.
Cosine – $2.5M
San Francisco-based Cosine is an AI data engine that understands your codebase. Based by Alistair Pullen, Sam Stenner, and Yang Li in 2022, Cosine has now raised a complete of $3.0M in whole fairness funding and is backed by Focal, Lakestar, Soma Capital, and UpHonest Capital.
Encord – $30.0M
San Francisco-based Encord is an AI information growth platform for pc imaginative and prescient and multimodal AI groups. Based by Eric Landau, Leeho Lim, and Ulrik Stig Hansen in 2020, Encord has now raised a complete of $50.0M in whole fairness funding and is backed by Crane Enterprise Companions, CRV, Next47, and Y Combinator.
Guidewheel – $31.0M
San Francisco-based Guidewheel’s AI-powered FactoryOps platform empowers producers to drive productiveness and internet zero at scale. Based by Kevin Meyer, Lauren Dunford, and Weston McBride in 2018, Guidewheel has now raised a complete of $52.0M in whole fairness funding and is backed by Breakthrough Power Ventures, Decarbonization Companions, Ecolab, Greycroft, GSBackers, and Rethink Impression.
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Capitalize – $19.0M
New York-based Capitalize locates and transfers retirement belongings for monetary establishments and customers. Based by Christopher Phillips and Gaurav Sharma in 2019, Capitalize has now raised a complete of $33.5M in whole fairness funding and is backed by Bling Capital, Canapi Ventures, Business Ventures, and RRE Ventures.
HistoSonics – $102.0M
Plymouth-based HistoSonics makes a speciality of growing non-invasive medical gadgets, interventional radiology, and surgical robotics. Based by Brian Fowlkes, M. Christine Gibbons, and Thomas Davison in 2009, HistoSonics has now raised a complete of $223.8M in whole fairness funding and is backed by Alpha Wave Ventures, Amzak Well being Buyers, HealthQuest Capital, Johnson & Johnson Innovation – JJDC, Lumira Ventures, State of Wisconsin Funding Board, Enterprise Buyers, and Yonjin Enterprise.
Intramotev – $14.4M
St Louis-based Intramotev creates self-propelled battery-electric railcars that operates autonomously and scale back the reliance on conventional locomotives. Based by Alex Peiffer, Corey Vasel, and Timothy Luchini in 2020, Intramotev has now raised a complete of $20.9M in whole fairness funding and is backed by Benefit Capital, Aera VC, Alpaca VC, Arizona State College, Band Capital Companions, Cantos, Cathcart Rail, Collide Capital, Decisive Level, and Flybridge.
Ranges – $10.0M
New York-based Ranges is a well being and wellness firm dedicated to bettering metabolic well being by way of biowearables. Based by Andrew Conner, Casey Means, David Flinner, Josh Clemente, and Sam Corcos in 2019, Ranges has now raised a complete of $67.0M in whole fairness funding and is backed by Andreessen Horowitz and Lengthy Journey Ventures.
MD Ally – $14.0M
New York-based MD Ally develops a telehealth emergency care platform to supply ease of entry between public security practitioners and suppliers. Based by Shanel Fields in 2018, MD Ally has now raised a complete of $24.5M in whole fairness funding and is backed by Alumni Ventures, Frist Cressey Ventures, Common Catalyst, Crimson & Blue Ventures, Seae Ventures, and Techstars Ventures.
The AlleyWatch viewers is driving progress and innovation on a worldwide scale. There are a variety of choices to achieve this viewers of the world’s most modern organizations and startups at scale together with strategic model placement, lead era, and thought management in entrance of an viewers that contains the overwhelming majority of key decision-makers within the NYC enterprise group and past. Study extra about promoting to NYC Tech, at scale.
Sahara AI – $37.0M
Los Angeles-based Sahara AI is a decentralized AI community that permits freely and securely deploy autonomous AI with high-performance, privacy-first community. Based by Sean Ren and Tyler Zhou in 2023, Sahara AI has now raised a complete of $43.0M in whole fairness funding and is backed by Aegis Ventues, Alumni Ventures, Binance Labs, Canonical Crypto, Coho Deeptech, dao5, Dispersion Capital, Elvis Zhang, Foresight Ventures, GeekCartel, Laksh Vaaman Sehgal, Matrix, Mirana, Motherson Improvements, Nomad Capital, Pantera Capital, Polychain, Rohan Taori, Samsung NEXT, SCB 10X, Sequoia Capital, tangent, Teknium, and Vipul Ved Prakash.
ArborXR – $12.0M
Norman-based ArborXR is an enterprise XR gadget administration and content material deployment resolution. Based by Brad Scoggin, Jordan Williams, and Will Stackable in 2016, ArborXR has now raised a complete of $12.0M in whole fairness funding and is backed by Cortado Ventures, Impression Enterprise Capital, Lewis & Clark Ventures, and Mercury.
EliseAI – $75.0M
New York-based EliseAI develops conversational AI for property administration, unlocking operational efficiencies for companies. Based by Minna Tune and Stoyan Stoyanov in 2017, EliseAI has now raised a complete of $141.9M in whole fairness funding and is backed by DivcoWest, Koch Investments Group, Navitas Capital, Point72 Ventures, and Sapphire Ventures.
Neptune Medical – $97.0M
Burlingame-based Neptune Medical is a medical gadget firm that develops endoscopic and surgical gadgets. Based by Alex Tilson in 2016, Neptune Medical has now raised a complete of $97.0M in whole fairness funding and is backed by Olympus and Sonder Capital.
Companion Shield – $20.3M
Overland Park-based Companion Shield is a nationwide business-to-business pet insurance coverage and pet wellness service. Based by Casey Masters in 2015, Companion Shield has now raised a complete of $47.3M in whole fairness funding and is backed by Avanta Ventures, Liberty Mutual Insurance coverage, Outdated Republic Worldwide Company, and Stray Canine Capital.
