The Weekly Notable Startup Funding Report: 4/24/23 – AlleyWatch

April 23, 2023

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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 monitor. The notable startup funding rounds for the week ending 4/22/23 that includes funding particulars for Cortica, Ditto,nZero, and eighteen different offers representing $1.2B in new funding that it is advisable to find out about.

Noah Medical – $150.0M

San Carlos-based Noah Medical develops medical robotics utilizing its next-generation robotic platform for affected person analysis and therapy. Based by Jian Zhang in 2018, Noah Medical has now raised a complete of $150.0M in whole fairness funding and is backed by 1955 Capital, AME Cloud Ventures, Hillhouse Capital, LYFE Capital, Prosperity7 Ventures, Sequoia Capital China, Shangbay Capital, SoftBank Imaginative and prescient Fund, Sunmed Capital, Tiger World Administration, and UpHonest Capital.

Bennie – $12.0M

Stamford-based Bennie is an worker advantages platform that helps firms create a more healthy office. Based by Matt Straz in 2019, Bennie has now raised a complete of $50.0M in whole fairness funding and is backed by Motley Idiot Ventures.

CoreWeave – $221.0M

Roseland-based CoreWeave is a cloud supplier that gives pc assets. Based by Brannin McBee, Brian Venturo, and Michael Intrator in 2017, CoreWeave has now raised a complete of $276.5M in whole fairness funding and is backed by Daniel Gross, Magnetar Capital, Nat Friedman, and NVIDIA.

Cortica – $75.0M

San Diego-based Cortica gives neurological therapies for youngsters with autism and different developmental variations. Based by Suzanne Goh in 2014, Cortica has now raised a complete of $135.0M in whole fairness funding and is backed by .406 Ventures, Ajax Well being, Aperture Enterprise Companions, Autism Influence Fund, Deerfield, Echo Well being Ventures, Longitude Capital, Optum Ventures, Questa Capital Administration, and RA Capital Administration.

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Ditto – $45.0M

San Francisco-based Ditto is a startup that builds unbelievable Internet, Cellular, IoT, and Server apps that may sync with or with out the web. Based by Adam Fish and Max Alexander in 2018, Ditto has now raised a complete of $54.0M in whole fairness funding and is backed by Acrew Capital, Amity Ventures, True Ventures, and US Modern Expertise Fund.

EcoSoul House Inc. – $10.0M

Sharon-based EcoSoul House is a world eco-friendly merchandise firm. Based by Arvind Ganesan and Rahul Singh in 2021, EcoSoul House Inc. has now raised a complete of $10.0M in whole fairness funding and is backed by Accel and Singh Capital Companions.

EdgeQ – $75.0M

Santa Clara-based EdgeQ is an info know-how firm that focuses on the sphere of 5G chip programs. Based by Vinay Ravuri in 2018, EdgeQ has now raised a complete of $126.0M in whole fairness funding and is backed by 5G Ventures, ClearSky, EDBI, Iron Gray, ST Engineering, Strategic Growth Fund, and Yaletown Companions.

Rally – $12.0M

Portland-based Rally is a developer of a checkout fee software program for contemporary manufacturers. Based by Jordan Gal and Rok Knez in 2020, Rally has now raised a complete of $18.0M in whole fairness funding and is backed by Afore Capital, Alumni Ventures, Commerce Ventures, Felix Capital, Kraken Ventures, and March Capital.

Halcyon – $44.0M

Austin-based Halcyon is a cybersecurity enterprise that develops know-how to guard enterprise consumer’s programs from the specter of ransomware. Based by Jon Miller and Ryan Smith in 2020, Halcyon has now raised a complete of $44.0M in whole fairness funding and is backed by Nook Ventures, Dell Applied sciences Capital, Founders Fund, Gula Tech Adventures, and SYN Ventures.

Secure Safety – $50.0M

Palo Alto-based Secure Safety is a cyber danger administration startup that helps organizations mitigate cyber danger in real-time. Based by Rahul Tyagi, Saket Modi, Vidit Baxi, and Vinu Thomas in 2012, Secure Safety has now raised a complete of $97.2M in whole fairness funding and is backed by Eight Roads Ventures, Constancy Ventures, Sorenson Capital, Telstra Ventures, and Western Expertise Funding.

Lexion – $20.0M

Seattle-based Lexion is an AI-powered contract administration and operations workflow platform that helps groups get offers completed quicker. Based by Emad Elwany, Guarav Oberoi, and James Baird in 2018, Lexion has now raised a complete of $35.2M in whole fairness funding and is backed by Citi Ventures, Khosla Ventures, Madrona, Point72 Ventures, and Wilson Sonsini Goodrich & Rosati.

nZero – $16.0M

Reno-based nZero develops a carbon administration platform to attach shoppers to power markets and infrastructure. Based by Josh Griffin and Josh Weber in 2017, nZero has now raised a complete of $16.0M in whole fairness funding and is backed by Fifth Wall, Henry Kravis, and Piedmont Capital Investments.

Odeko – $53.0M

New York-based Odeko develops a business-grade software program platform for small enterprises. Based by Dane Atkinson in 2019, Odeko has now raised a complete of $227.0M in whole fairness funding and is backed by American Categorical Ventures, B Capital Group, FJ Labs, GGV Capital, KSV World, and Tiger World Administration.

r2c – $53.0M

San Francisco-based r2c operates as a software program safety startup. Based by Drew Dennison, Isaac Evans, and Luke O’Malley in 2017, r2c has now raised a complete of $93.0M in whole fairness funding and is backed by Felicis, Lightspeed Enterprise Companions, Redpoint, and Sequoia Capital.

Strong.AI – $20.0M

San Carlos-based Strong.AI manufactures robots for warehouses. Based by Anthony Jules, Gary Marcus, Henrik Christensen, Mohamed Amer, and Rodney Brooks in 2019, Strong.AI has now raised a complete of $42.5M in whole fairness funding and is backed by Power Influence Companions, Future Ventures, Jazz Enterprise Companions, Playground World, and Prime Movers Lab.

SpecterOps – $25.0M

Alexandria-based SpecterOps is a cybersecurity firm that gives providers and coaching options to assist enterprises defend in opposition to superior assaults. Based by David McGuire, Jason Frank, and Raphael Mudge in 2017, SpecterOps has now raised a complete of $25.0M in whole fairness funding and is backed by Decibel Companions, Dug Tune, Jonathan Oberheide, and Kevin Mandia.

Unagi Scooters – $17.3M

Oakland-based Unagi is an electrical scooter startup that goals to liberate individuals from the tyranny of transportation frustrations. Based by Ben Hongxin, David Hyman, and Jeremy Smith in 2018, Unagi Scooters has now raised a complete of $31.0M in whole fairness funding and is backed by Ecosystem Integrity Fund, Menlo Ventures, and Pure Capital.

EquipmentShare – $290.0M

Columbia-based EquipmentShare is an tools and digital options supplier serving the development trade to assist contractors speed up productiveness. Based by Brad Siegler, Jabbok Schlacks, Jeff Lowe, Matthew McDonald, and Willy Schlacks in 2014, EquipmentShare has now raised a complete of $654.0M in whole fairness funding and is backed by BDT Capital Companions, RedBird Capital Companions, Sound Ventures, and Tru Arrow Companions.

Fluree – $10.0M

Winston Salem-based Fluree is an open-source semantic graph database that ensures knowledge integrity, safe knowledge sharing, and powers linked knowledge insights. Based by Andrew J. Filipowski and Brian M. Platz in 2016, Fluree has now raised a complete of $17.2M in whole fairness funding and is backed by Increase Ventures, EVE Atlas, Good Development Capital, Nanban Ventures, Revolution‚Äôs Rise of the Relaxation Seed Fund, SineWave Ventures, and Wavemaker Genesis.

Trullion – $15.0M

New York-based Trullion is an AI-powered accounting automation platform that makes use of AI to automate workflows for accounting and audit groups. Based by Amir Boldo and Isaac Heller in 2020, Trullion has now raised a complete of $33.0M in whole fairness funding and is backed by Aleph, Annox Capital, Greycroft, StepStone Group, Third Level Ventures, and Verissimo Ventures.

3d Glass Options – $30.0M

Albuquerque-based 3D Glass Options gives prospects with full glass-enabled programs integration providers. Based by Jeb Flemming in 2006, 3d Glass Options has now raised a complete of $66.0M in whole fairness funding and is backed by Utilized Ventures, Cambium Capital Companions, Intel Capital, Lockheed Martin Ventures, MESH, and Walden Catalyst.

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