The Weekly Notable Startup Funding Report takes us on a visit throughout numerous ecosystems within the US, highlighting a number of the notable funding exercise within the numerous markets that we observe. The notable startup funding rounds for the week ending 12/14/24 that includes funding particulars for Evinced, Raptor Maps, Converse, and seventeen different offers representing $1.07B in new funding that it’s essential to learn about.
Ayar Labs – $155.0M
San Jose-based Ayar Labs develops optical I/O options for large-scale AI workloads to speed up knowledge motion inside AI methods. Based by Alex Wright-Gladstein, Chen Solar, Mark Wade, Milos Popovic, Rajeev Ram, and Vladimir Stojanovic in 2015, Ayar Labs has now raised a complete of $371.5M in whole fairness funding and is backed by 3M New Ventures, Creation Worldwide, AMD Ventures, Utilized Ventures, Autopilot, AXIAL Companions, Boardman Bay Capital Administration, GlobalFoundries, IAG Capital Companions, Intel Capital, Mild Road Capital, Lockheed Martin Ventures, NVIDIA, Playground International, and VentureTech Alliance.
Cala Well being – $50.0M
San Mateo-based Cala Well being is a bioelectronic drugs firm that gives medical gadgets and neurotherapeutics for managing persistent well being circumstances. Based by Kate Rosenbluth, Scott Delp, and Serena Wong in 2014, Cala Well being has now raised a complete of $198.3M in whole fairness funding and is backed by Motion Potential Enterprise Capital, Ascension Ventures, Fiscus Ventures, Google Ventures, Johnson & Johnson Innovation – JJDC, Lightstone Ventures, Lux Capital, Nexus NeuroTech, OSF Ventures, Peak 6, Reimagined Ventures, Triventures, and Vertex Development Fund.
LambdaTest – $38.0M
San Francisco-based LambdaTest gives cloud-based instruments for cross-browser testing of net functions on numerous browsers and working methods. Based by Asad Khan, Jay Singh, and Mayank Bhola in 2017, LambdaTest has now raised a complete of $108.0M in whole fairness funding and is backed by Avataar Enterprise Companions and Qualcomm Ventures.
Liquid AI – $250.0M
Cambridge-based Liquid AI is a developer of AI functions that assist enhance human expertise. Based by Alexander Amini, Daniela Rus, Mathias Lechner, and Ramin Hasani in 2023, Liquid AI has now raised a complete of $293.2M in whole fairness funding and is backed by AMD Ventures, Duke Capital Companions, OSS Capital L.P., and The Pags Group.
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RapidCanvas – $16.0M
Austin-based RapidCanvas develops a no-code auto synthetic intelligence platform to ship dependable and measurable enterprise outcomes. Based by Kedar Samant, Rahul Pangam, and Uttam Phalnikar in 2021, RapidCanvas has now raised a complete of $23.5M in whole fairness funding and is backed by Accel, Peak XV Companions, Titanium Ventures, and Valley Capital Companions.
Silent Push – $10.0M
Reston-based Silent Push is a detection-focused risk intelligence resolution that identifies and protects organizations towards new threats. Based by Ken Bagnall in 2020, Silent Push has now raised a complete of $20.0M in whole fairness funding and is backed by StepStone Group and Ten Eleven Ventures.
Elegant Safety – $60.0M
Washington-based Elegant Safety is an AI-powered electronic mail safety platform designed to detect and block refined electronic mail assaults. Based by Ian Thiel and Joshua Kamdjou in 2019, Elegant Safety has now raised a complete of $89.8M in whole fairness funding and is backed by Citi Ventures, Decibel Companions, Index Ventures, IVP, and Sluggish Ventures.
Twelve Labs – $30.0M
San Francisco-based Twelve Labs develops a multimodal AI platform to make video basis fashions accessible to construct video merchandise. Based by Aiden Lee, Dave Chung, Jae Lee, SJ Kim, and Soyoung Lee in 2021, Twelve Labs has now raised a complete of $107.1M in whole fairness funding and is backed by Databricks Ventures, HubSpot Ventures, IQT, SK Telecom, and Snowflake Ventures.
Vapi – $20.0M
San Francisco-based Vapi gives synthetic intelligence companies for group conferences. Based by John Dearsley and Nikhil Gupta in 2020, Vapi has now raised a complete of $20.1M in whole fairness funding and is backed by Summary, AI Grant, Bessemer Enterprise Companions, Michael Ovitz, Saga Ventures Administration, and Y Combinator.
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VeraDermics – $75.0M
New Haven-based VeraDermics is a dermatology firm that creates novel drug supply mechanisms for a pain-free remedy for pores and skin circumstances comparable to warts. Based by Kyle Ryder, Lauren Durso, Madeline DeWane, Ming Lee, and Reid Waldman in 2019, VeraDermics has now raised a complete of $110.7M in whole fairness funding and is backed by Connecticut Improvements, J.W. CHILDS ASSOCIATES, L.P., Longitude Capital, OUP (Osage College Companions), PhiFund Ventures, Surveyor Capital, Suvretta Capital Administration, and Vlad Coric.
Raptor Maps – $35.0M
Somerville-based Raptor Maps gives efficiency intelligence options for photo voltaic asset administration. Based by Eddie Obropta, Forrest Meyen, and Nikhil Vadhavkar in 2015, Raptor Maps has now raised a complete of $62.0M in whole fairness funding and is backed by Blue Bear Capital, Buoyant Ventures, Congruent Ventures, MacKinnon, Bennett & Firm, Maverix Personal Fairness, and Y Combinator.
Evinced – $55.0M
Palo Alto-based Evinced gives end-to-end accessibility automation companies to offer enterprises with accessibility into net and cellular growth. Based by Gal Moav and Navin Thadani in 2018, Evinced has now raised a complete of $112.0M in whole fairness funding and is backed by Benhamou International Ventures, Capital One Ventures, Engineering Capital, Perception Companions, M12 – Microsoft’s Enterprise Fund, and Vertex Ventures.
Converse – $78.0M
San Francisco-based Converse develops instruments that facilitate real-time communication and collaboration amongst customers in numerous environments. Based by Andrew Hsu and Connor Zwick in 2016, Converse has now raised a complete of $152.0M in whole fairness funding and is backed by Accel, Khosla Ventures, OpenAI Startup Fund, and Y Combinator.
Albert Invent – $22.5M
San Francisco-based Albert Invent gives a digital platform for supplies science analysis and growth. Based by Neelesh Vaikhary and Nick Talken in 2022, Albert Invent has now raised a complete of $30.0M in whole fairness funding and is backed by Coatue, F-Prime Capital, Homebrew, Index Ventures, and TCV.
The AlleyWatch viewers is driving progress and innovation on a world scale. There are a selection of choices to succeed in this viewers of the world’s most modern 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. Be taught extra about promoting to NYC Tech, at scale.
Ask Sage – $17.0M
Bentonville-based Ask Sage is a GPT-driven platform that gives a cutting-edge AI assistant designed particularly for presidency groups and firms. Based by Nicolas Chaillan in 2023, Ask Sage has now raised a complete of $17.0M in whole fairness funding and is backed by Mucker Capital and Sapphire Ventures.
Aampe – $18.0M
San Francisco-based Aampe gives cellular app engagement and personalization infrastructure for short-form notifications and messaging. Based by Paul Meinshausen in 2020, Aampe has now raised a complete of $27.3M in whole fairness funding and is backed by Principle Ventures and Z47.
Electrified Thermal Options – $19.0M
Medford-based Electrified Thermal Options change fossil fuels with renewable warmth in each furnace, turbine, boiler and kiln to decarbonize trade. Based by Daniel Stack and Joey Kabel in 2021, Electrified Thermal Options has now raised a complete of $23.5M in whole fairness funding and is backed by Clear Vitality Enterprise Group, Clear Vitality Ventures, EDP Ventures, GVP Local weather, Holcim MAQER Ventures, MassVentures, Starlight Ventures, TechEnergy Ventures, Tupras Ventures, and Vale Ventures.
Azimuth AI – $11.5M
Folsom-based Azimuth AI is an embedded silicon product firm that provides extremely differentiated ASICs for edge computing functions. Based by Praveen Yasarapu and Sridevi Badiga in 2023, Azimuth AI has now raised a complete of $18.8M in whole fairness funding and is backed by AUM Ventures, Cyient, and Moneta Ventures.
Capstan Medical – $110.0M
Santa Cruz-based Capstan Medical is creating minimally invasive applied sciences to deal with coronary heart valve problems. Based by Dan Wallace and David Schummers in 2020, Capstan Medical has now raised a complete of $141.4M in whole fairness funding and is backed by Eclipse Ventures, Gideon Strategic Companions, Intuitive Ventures, and Yu Galaxy.
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