The Weekly Notable Startup Funding Report: 2/23/26 – AlleyWatch

DG Matrix – $60.0M

Raleigh-based DG Matrix develops solid-state energy conversion programs for electrical car charging and distributed vitality functions. Based by Haroon Inam and Subhashish Bhattacharya in 2022, DG Matrix has now raised a complete of $80.0M in whole fairness funding and is backed by ABB, Cerberus Ventures, Chevron Know-how Ventures, Clear Power Ventures, Engine Ventures, Advantageous Construction Enterprise, Helios Local weather Ventures, MCJ, Mitsubishi Heavy Industries, Piedmont Capital, and Sabanci Local weather Ventures.

Duckbill – $7.8M

San Francisco-based Duckbill presents monetary planning and evaluation for enterprise infrastructure to assist perceive, negotiate, and optimize cloud spend. Based by Corey Quinn and Mike Julian in 2019, Duckbill has now raised a complete of $7.8M in whole fairness funding and is backed by Encoded Ventures, Heavybit, and Uncork Capital.

Environment friendly Laptop – $60.0M

Pittsburgh-based Environment friendly Laptop develops processor expertise targeted on bettering vitality effectivity for compute-intensive workloads. Based by Alex Hawkinson, Brandon Lucia, Graham Gobieski, and Nathan Beckmann in 2022, Environment friendly Laptop has now raised a complete of $76.0M in whole fairness funding and is backed by BoxGroup, Eclipse Ventures, Overlap Holdings, Overmatch Ventures, RTX, Toyota Ventures, Triatomic Capital, and Union Sq. Ventures.

Heron Energy – $140.0M

Scotts Valley-based Heron Energy develops superior energy electronics and {hardware} options tailor-made for the fashionable electrical grid. Based by Drew Baglino in 2024, Heron Energy has now raised a complete of $178.0M in whole fairness funding and is backed by Andreessen Horowitz, Breakthrough Power Ventures, Capricorn Funding Group, Power Impression Companions, Gigascale Capital, and Valor Fairness Companions.

Hook – $15.8M

New York-based Hook is a social music platform that permits creators to generate approved remixes and mashups of songs utilizing AI-assisted remixing instruments. Based by Gaurav Sharma in 2022, Hook has now raised a complete of $23.0M in whole fairness funding and is backed by Avex, Imaginary Ventures, Khosla Ventures, KSHMR ‚ Palm Tree Crew, Point72 Ventures, The Raine Group, Three Six Zero, and Waverley Capital.

Soar – $80.0M

Salt Lake Metropolis-based Soar supplies a synthetic intelligence platform designed for monetary advisors and different monetary providers professionals. Based by Adam Kirk, Parker Ence, and Tim Chaves in 2023, Soar has now raised a complete of $109.2M in whole fairness funding and is backed by Aaron Skonnard, Allianz Life Ventures, Battery Ventures, Citi Ventures, F-Prime, Hans Tung, Perception Companions, Pelion Enterprise Companions, Peterson Companions, Ryan Anderson, Sorenson Capital, and TIAA Ventures.

You’re seconds away from signing up for the most well liked record in NYC Tech!

Monark Markets – $8.1M

New York-based Monark Markets is the back-end infrastructure connecting brokerages, advisors and custodians to non-public markets. Based by Ben Haber and Paul Davis in 2021, Monark Markets has now raised a complete of $13.2M in whole fairness funding and is backed by Bbae Holdings, Commerce Ventures, F-Prime, Grit Capital Companions, and Treasury.

Novig – $75.0M

New York-based Novig is a sweepstakes-based sports activities prediction market through which customers take part in peer-to-peer wagering on sporting occasions. Based by Jacob Fortinsky and Kelechi Ukah in 2021, Novig has now raised a complete of $99.9M in whole fairness funding and is backed by Edge Fairness, Forerunner, Makers Fund, Multicoin Capital, NFX, Pantera Capital, and Perceptive Ventures.

Onshore – $31.0M

Wilmington-based Onshore supplies AI-powered software program that automates company R&D tax credit score and incentive evaluation and reporting for companies. Based by Dominic Vitucci and Mark Andrus in 2020, Onshore has now raised a complete of $43.5M in whole fairness funding and is backed by ADP Ventures, FPV Ventures, Restive, Vertex Ventures, and Y Combinator.

Ownwell – $30.0M

Austin-based Ownwell is a property tax monitoring firm that helps house owners scale back actual property tax overpayments. Based by Colton Tempo, Frank DiZenzo, and Joseph Noor in 2020, Ownwell has now raised a complete of $35.8M in whole fairness funding and is backed by Alpha Edison, First Spherical Capital, Intuit, Left Lane Capital, Lengthy Journey Ventures, Mercato Companions, PROOF, and Marvel Ventures.

Pepper – $50.0M

New York-based Pepper is an e-Commerce platform for meals distributors, comfort shops, and different marketplaces. Based by Bowie Cheung, Chetan Narain, and Ivana Tesanovic in 2019, Pepper has now raised a complete of $100.0M in whole fairness funding and is backed by Greylock, Concord Companions, ICONIQ Development, Index Ventures, Interaction, and Lead Edge Capital.

Phoenix Tailings – $30.2M

Woburn-based Phoenix Tailings is a uncommon earth metals manufacturing firm that transforms mining waste (tailings) into usable uncommon earth metals and alloys. Based by Anthony Balladon, Michelle Chao, Nicholas Myers, and Tomás Villalón in 2019, Phoenix Tailings has now raised a complete of $132.5M in whole fairness funding and is backed by Aether VC, Eni Subsequent, Envisioning Companions, Geodesic Capital, MPower Companions, Olive Tree Capital, and Traxys S.A..

The AlleyWatch viewers is driving progress and innovation on a worldwide scale. There are a variety of choices to succeed in this viewers of the world’s most progressive organizations and startups at scale together with strategic model placement, lead technology, 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.

ProSomnus Sleep Applied sciences – $38.0M

Pleasanton-based ProSomnus designs and manufactures intraoral units designed to assist dentists get sufferers into remedy with consolation. Based by Laing Rikkers and Len Liptak in 2016, ProSomnus Sleep Applied sciences has now raised a complete of $67.2M in whole fairness funding and is backed by Catalio Capital Administration.

QuadSci – $8.0M

New York-based QuadSci is predictive and prescriptive AI for buyer intelligence and GTM groups. Based by Dan Harmeson and Sean Murray in 2023, QuadSci has now raised a complete of $8.0M in whole fairness funding and is backed by Alumni Ventures, Correlation Ventures, Crosslink Capital, Peter Gibson, Robert A. Eberle, Shail Jain, and Thomas Roloff. AlleyWatch broke the information in an unique overlaying the spherical and rather more – QuadSci Raises $8M to Predict SaaS Churn Earlier than It Occurs

Qumis – $4.3M

Chicago-based Qumis is an AI-powered platform that analyzes insurance coverage insurance policies and claims documentation with structured, reasoning-based insights. Based by Dan Schuleman and Shivam Sinha in 2022, Qumis has now raised a complete of $6.8M in whole fairness funding and is backed by Alumni Ventures, American Household Ventures, Armory Sq. Ventures, Grand Ventures, and MTech Capital.

Render – $100.0M

San Francisco-based Render supplies a unified cloud for builders and groups to host all their functions, databases, and web sites. Based by Anurag Goel in 2018, Render has now raised a complete of $256.8M in whole fairness funding and is backed by 01 Advisors, Addition, Bessemer Enterprise Companions, Common Catalyst, and Georgian.

Seasats – $20.0M

San Diego-based Seasats designs and manufactures small uncrewed floor autos (sUSVs) designed for monitoring, information assortment, and protection functions. Based by Dan Flanigan, Dylan Rodriguez, Max Kramers, and Mike Flanigan in 2020, Seasats has now raised a complete of $39.1M in whole fairness funding and is backed by Crumpton Ventures, DNS Capital, Dorado Property, Konvoy, Protect Capital, Tanis Enterprise Administration, and Techstars.

Temporal Applied sciences – $300.0M

Bellevue-based Temporal Applied sciences is an open-source platform that simplifies constructing and managing complicated, long-running workflows and microservices. Based by Maxim Fateev and Samar Abbas in 2019, Temporal Applied sciences has now raised a complete of $649.5M in whole fairness funding and is backed by Amplify Companions, Andreessen Horowitz, GIC, Index Ventures, Lightspeed Enterprise Companions, Madrona, Sapphire Ventures, Sequoia Capital, and Tiger International Administration.

You’re seconds away from signing up for the most well liked record in NYC Tech!

Utility International – $100.0M

Houston-based Utility International is an off-gas-to-value firm that reduces emissions and improves vitality effectivity by means of clear vitality technology programs. Based by David Corridor, Jin Dawson, and Matt Dawson in 2018, Utility International has now raised a complete of $186.0M in whole fairness funding and is backed by APG Asset Administration and Ara Companions.

Vestwell – $385.0M

New York-based Vestwell is a digital financial savings platform that gives and manages a variety of financial savings and retirement plans. Based by Aaron Schumm in 2016, Vestwell has now raised a complete of $623.8M in whole fairness funding and is backed by Blue Owl Capital Company, Franklin Templeton, HarbourVest Companions, Morgan Stanley, Neuberger Berman, Silver Lake Waterman, Sixth Avenue Development, and TIAA Ventures.

VulnCheck – $25.0M

Lexington-based VulnCheck supplies vulnerability intelligence and exploit monitoring providers for safety groups. Based by Anthony Bettini in 2021, VulnCheck has now raised a complete of $45.0M in whole fairness funding and is backed by IQT, Nationwide Grid Companions (NGP), Sorenson Capital, and Ten Eleven Ventures.

World Labs – $1.0B

San Francisco-based World Labs develops AI fashions with spatial intelligence for 3D world notion and interplay. Based by Ben Mildenhall, Christoph Lassner, Fei-Fei Li, and Justin Johnson in 2024, World Labs has now raised a complete of $1.2B in whole fairness funding and is backed by AMD, Autodesk, Emerson Collective, Constancy, NVIDIA, and Sea.

ZaiNar – $100.0M

Belmont-based ZaiNar develops real-time 3D location and positioning options utilizing patented sign processing and community timing strategies. Based by Alexander Hooshmand, Daniel Jacker, Eric Roselli, Jake Levy, and Philip Kratz in 2017, ZaiNar has now raised a complete of $116.7M in whole fairness funding and is backed by Jaan Tallinn, Jerry Yang, Nick Pritzker, Steve Jurvetson, and Tom Gruber.

Zero Houses – $16.8M

Denver-based Zero Houses is a expertise firm that develops an end-to-end digital platform that helps householders and contractors. Based by Grant Gunnison in 2021, Zero Houses has now raised a complete of $16.8M in whole fairness funding and is backed by Exelon Basis, FJ Labs, Overture Ventures, Prelude Ventures, SJF Ventures, VoLo Earth Ventures, and Watsco Ventures.

Join with NYC’s Most Influential Tech Leaders & Determination-Makers

The AlleyWatch community reaches the precise viewers it’s worthwhile to join with – NYC’s most progressive startups, tech firms, and enterprise leaders who’re reshaping industries globally. Our engaged viewers consists of:

• C-suite executives and key decision-makers
• Founders and entrepreneurs
• Enterprise capitalists and traders
• Know-how and innovation leaders

Maximize your impression by means of our confirmed options:
• Premium model placement
• Focused lead technology
• Thought management alternatives
• Customized content material partnerships