The Weekly Notable Startup Funding Report takes us on a visit throughout varied ecosystems within the US, highlighting a number of the notable funding exercise within the varied markets that we monitor. The notable startup funding rounds for the week ending 8/5/23 that includes funding particulars for Tradeshift, Nile, GoTab, and fourteen different offers representing $727M in new funding that you must find out about.
Akkio – $15.0M
Boston-based Akkio is an AI firm that delivers generative analytics and machine studying to companies. Based by Abraham Parangi, Craig Wisneski, Ekin Keserer, and Jonathon Reilly in 2019, Akkio has now raised a complete of $18.0M in whole fairness funding and is backed by Bain Capital Ventures and Pandome.
Datasaur – $4.0M
Sunnyvale-based Datasaur develops productive instruments that design for information labelling wants. Based by Ivan Lee in 2019, Datasaur has now raised a complete of $7.9M in whole fairness funding and is backed by Gold Home Ventures, Hanover Expertise Funding Administration, Initialized Capital, and TenOneTen Ventures.
Endor Labs – $70.0M
Palo Alto-based Endor Labs presents a dependency lifecycle administration instrument that facilitates the safety and upkeep of open-source software program. Based by Dimitri Stiliadis and Varun Badhwar in 2021, Endor Labs has now raised a complete of $95.0M in whole fairness funding and is backed by Coatue, Dell Applied sciences Capital, Lightspeed Enterprise Companions, and Part 32.
Topline Professional – $12.0M
New York-based Topline Professional is a Generative AI platform enabling residence companies professionals to handle and scale their companies on-line. Based by Daniel Stepanov, Nick Ornitz, and Shannon Kay in 2020, Topline Professional has now raised a complete of $17.0M in whole fairness funding and is backed by BBG Ventures, Bonfire Ventures, Forerunner Ventures, and TMV.
The AlleyWatch viewers is driving progress and innovation on a world scale. There are a variety of choices to achieve 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 neighborhood and past. Study extra about promoting to NYC Tech, at scale.
GlassPoint Photo voltaic – $8.0M
Fremont-based GlassPoint supplies photo voltaic steam mills to the oil and gasoline business for purposes resembling Enhanced Oil Restoration. Based by Pete Von Behrens and Rod MacGregor in 2008, GlassPoint Photo voltaic has now raised a complete of $95.8M in whole fairness funding and is backed by 300ppm, Malcolm Turnbull, and Tomas Mar Sigurdsson.
GoTab – $18.0M
Arlington-based GoTab supplies complete options for retail and restaurant commerce. Based by Daryoush Mansouri, Paige Soya, and Tim McLaughlin in 2016, GoTab has now raised a complete of $24.0M in whole fairness funding and is backed by Truist Ventures.
Inworld AI – $50.0M
Mountain View-based Inworld AI is a personality engine for creating AI NPCs in video games and interactive experiences. Based by Ilya Gelfenbeyn, Kylan Gibbs, and Michael Ermolenko in 2021, Inworld AI has now raised a complete of $119.7M in whole fairness funding and is backed by First Spark Ventures, LG Expertise Ventures, Lightspeed Enterprise Companions, M12 – Microsoft’s Enterprise Fund, Samsung NEXT, and Stanford College.
Lula – $35.5M
Miami-based Lula supplies a wide range of instruments, together with threat administration, claims administration, coverage administration, and insurance coverage protection entry. Based by Matthew Vega Sanz and Michael Vega Sanz in 2020, Lula has now raised a complete of $53.5M in whole fairness funding and is backed by Founders Fund, Khosla Ventures, NextView Ventures, Plug and Play, Stephen Pagliuca, and Steve McLaughlin.
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GroGuru – $2.3M
La Jolla-based Groguru is a know-how firm that focuses on sensible irrigation options for agriculture. Based by Farooq Anjum, Jeff Campbell, and Patrick Henry in 2014, GroGuru has now raised a complete of $6.3M in whole fairness funding and is backed by Comeback Capital, Cove Fund, Influence Enterprise Capital, Integral Capital Companions, NutriDrips, Proper Facet Capital Administration, Thunderhead Crop, and VIGR Crop.
Newlight Applied sciences – $125.0M
Huntington Seashore-based Newlight Applied sciences makes use of decarbonization know-how devoted to changing greenhouse gasoline into biomaterials. Based by Kenton Kimmel and Mark Herrema in 2003, Newlight Applied sciences has now raised a complete of $231.6M in whole fairness funding and is backed by Constitution Subsequent Technology, GenZero, and Oxy Low Carbon Ventures.
Nile – $175.0M
San Jose-based Nile supplies safe connectivity and community independence by wired and wi-fi networking-as-a-service. Based by John Chambers, Pankaj Patel, Sri Hosakote, and Suresh Katukam in 2018, Nile has now raised a complete of $300.0M in whole fairness funding and is backed by 8VC, Aramco Ventures, Geodesic Capital, Liberty World Ventures, March Capital, Prosperity7 Ventures, Sanabil, STC Ventures, U First Capital, and Valor Fairness Companions.
Remedial Well being – $8.0M
Newark-based Remedial Well being is digitizing the pharmaceutical provide chain in Africa. Based by Samuel Kessington Okwuada and Victor Benjamin in 2020, Remedial Well being has now raised a complete of $13.4M in whole fairness funding and is backed by Gaingels, QED Traders, Tencent, Ventures Platform, and Y Combinator.
The AlleyWatch viewers is driving progress and innovation on a world scale. There are a variety of choices to achieve 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 neighborhood and past. Study extra about promoting to NYC Tech, at scale.
Tradeshift – $70.0M
San Francisco-based Tradeshift is a cloud-based enterprise community connecting patrons and suppliers. Based by Christian Lanng, Gert Sylvest, and Mikkel Brun in 2009, Tradeshift has now raised a complete of $931.0M in whole fairness funding and is backed by AYTK, Doha Enterprise Capital, Gasoline Enterprise Capital, HSBC, IDC Ventures, LUN Companions Group, Notion Capital, and The Non-public Shares Fund.
VenoStent – $16.0M
Houston-based VenoStent is a tissue engineering medical gadget firm growing bioabsorbable polymer wraps for higher outcomes in vascular surgical procedure. Based by Geoffrey Lucks and Tim Boire in 2017, VenoStent has now raised a complete of $20.2M in whole fairness funding and is backed by Alumni Ventures, Baylor Angel Community, Cowtown Angels, Artistic Ventures, Good Progress Capital, IAG Capital Companions, SNR.vc, and TMC Enterprise Fund.
Equilibrium Vitality – $33.0M
San Francisco-based Equilibrium Vitality is a Local weather Technology energy firm targeted on the creation and proliferation of unpolluted vitality. Based by Ryan Hanley in 2021, Equilibrium Vitality has now raised a complete of $33.0M in whole fairness funding and is backed by Breakthrough Vitality Ventures, World Founders Capital, and NJP Ventures.
Lightforce Orthodontics – $80.0M
Burlington-based Lightforce Orthodontics is a totally personalized 3D-printed bracket system developer based mostly on the anatomy and tooth morphology of every affected person. Based by Alfred Charles Griffin and Lou Shuman in 2015, Lightforce Orthodontics has now raised a complete of $150.5M in whole fairness funding and is backed by Ally Bridge Group, American Affiliation of Orthodontists, CareCapital, Kleiner Perkins, Matrix Companions, Matter Enterprise Companions, Omega Enterprise Companions, Transformation Capital, and Tyche Companions.
Steg AI – $5.0M
Irvine-based StegAI builds watermark SaaS instruments for enterprise prospects to safe their digital belongings towards leaks and misuse. Based by Eric Wengrowski and Kristin Dana in 2019, Steg AI has now raised a complete of $5.0M in whole fairness funding and is backed by Paladin Capital Group.