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 observe. The notable startup funding rounds for the week ending 5/17/25 that includes funding particulars for PhaseV, Olio, Hedra, and seventeen different offers representing $852M in new funding that it’s good to find out about.
Akido Labs – $60.0M
Los Angeles-based Akido is a care supply platform with the mission to make sure our most weak communities thrive. Based by Hugh Gordon, Jared Goodner, and Prashant Samant in 2015, Akido Labs has now raised a complete of $81.6M in complete fairness funding and is backed by Complete Blood & Most cancers Middle, Future Communities Capital, GrECo, Jeff Dean, Oak HC/FT, SNR Denton, and Y Combinator.
Avicena Tech – $65.0M
Sunnyvale-based Avicena Tech manufactures ultra-dense, ultra-low energy petabit per second optical chip interconnects. Based by Rob Kalman in 2019, Avicena Tech has now raised a complete of $97.7M in complete fairness funding and is backed by Cerberus Capital Administration, Hitachi Ventures, Lam Analysis, Maverick Silicon, Prosperity7 Ventures, SK Hynix, Tiger International Administration, and VentureTech Alliance.
Bestow – $70.0M
Dallas-based Bestow is a life insurance coverage SaaS firm that makes use of superior know-how and knowledge options for the insurance coverage sector. Based by Jonathan Abelmann and Melbourne O’Banion in 2016, Bestow has now raised a complete of $207.5M in complete fairness funding and is backed by TriplePoint Capital.
Cohere Well being – $90.0M
Boston-based Cohere Well being is a SaaS firm that focuses on bettering the effectivity and effectiveness of healthcare supply. Based by Duncan Reece and Siva Namasivayam in 2019, Cohere Well being has now raised a complete of $186.1M in complete fairness funding and is backed by Deerfield Administration, Outline Ventures, Flare Capital Companions, Longitude Capital, Polaris Companions, and Temasek Holdings.
FlexPoint – $12.0M
Manhattan-based FlexPoint supplies a digital funds platform that modernizes the best way know-how is purchased and bought. Based by Alex Kushner, Sam Kushner, and Victor Lopez in 2021, FlexPoint has now raised a complete of $19.4M in complete fairness funding and is backed by Cascade Seed Fund, Far Out Ventures, Foundry Group, Garuda Ventures, Haymaker Ventures, and Techstars.
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Hedra – $32.0M
San Francisco-based Hedra is a content material creation platform that makes use of AI to permits customers to generate high-quality movies, pictures, and audio. Based by Alexander Bergman and Michael Lingelbach in 2023, Hedra has now raised a complete of $42.0M in complete fairness funding and is backed by A16Z GAMES Speedrun, Summary, Andreessen Horowitz, and Index Ventures.
Layer AI – $6.5M
San Francisco-based Layer AI gives a generative AI platform to help recreation builders in creating 2D, 3D, and video belongings. Based by F. Burcu Ozcengiz (Hakguder), Mehmet Ecevit, and Volkan Gurel in 2022, Layer AI has now raised a complete of $18.3M in complete fairness funding and is backed by Arcadia Funds, e2vc, and Riccardo Zacconi.
Olio – $11.0M
Indianapolis-based Olio is the one collaboration platform to digitally join acute and post-acute suppliers by specialty. Based by Ben Forrest in 2017, Olio has now raised a complete of $26.5M in complete fairness funding and is backed by Fulcrum Fairness Companions and Mutual Capital Companions.
Openlayer – $14.5M
San Francisco-based Openlayer is an evaluation platform that “opens up” machine studying fashions by detecting and eliminating failure patterns and biases. Based by Gabriel Bayomi, Rishab Ramanathan, and Vikas Nair in 2021, Openlayer has now raised a complete of $19.5M in complete fairness funding and is backed by KPN Ventures, Mento VC, Mindset Ventures, NXTP Ventures, Quiet Capital, Race Capital, Telefonica, Wayra, and Y Combinator.
Optimum Dynamics – $40.0M
New York-based Optimum Dynamics is a SaaS firm that makes use of synthetic intelligence and machine studying to disrupt the logistics trade. Based by Daniel Powell and Warren Powell in 2017, Optimum Dynamics has now raised a complete of $95.8M in complete fairness funding and is backed by Activate Capital Companions, Bessemer Enterprise Companions, Koch Disruptive Applied sciences, and The Westly Group.
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Orby AI – $357K
Mountain View-based Orby AI is an AI platform designed to deliver the auto-complete expertise to on a regular basis enterprise customers and automate all mundane duties. Based by Bella Liu and Will Lu in 2022, Orby AI has now raised a complete of $34.9M in complete fairness funding and is backed by Gaingels.
Proprietor – $120.0M
Palo Alto-based Proprietor is a know-how firm that gives instruments for native restaurant homeowners to boost gross sales and on-line presence. Based by Adam Guild and Dean Bloembergen in 2018, Proprietor has now raised a complete of $182.2M in complete fairness funding and is backed by Alt Capital, Brett Schulman, Christina Cacioppo, Day One Ventures, Dharmesh Shah, Fidji Simo, Headline, Jonathan Neman, and Meritech Capital Companions.
PhaseV – $50.0M
Boston-based PhaseV supplies AI-driven options for environment friendly scientific improvement and operations. Based by Dan Goldstaub, Elad Berkman, and Raviv Pryluk in 2023, PhaseV has now raised a complete of $65.0M in complete fairness funding and is backed by Accel, Exor Ventures, Perception Companions, LionBird, and Viola Ventures.
Saildrone – $60.0M
Alameda-based Saildrone is a maritime firm that permits navies, governments, and organizations to acquire knowledge required to observe the maritime area. Based by Richard Jenkins in 2012, Saildrone has now raised a complete of $248.5M in complete fairness funding and is backed by Academy Securities, BZH Capital, Calm Ventures, Crowley Maritime, Export and Funding Fund, Lux Capital, Pinegrove Capital Companions, Washington Harbour Companions, and What If Ventures.
Solestial – $17.0M
Tempe-based Solestial, Inc. is the photo voltaic vitality firm for area. Based by Mikhail Reginevich and Stan Herasimenka in 2013, Solestial has now raised a complete of $28.0M in complete fairness funding and is backed by AE Industrial Companions, Airbus Ventures, Crosscut Ventures, GPVC, Industrious Ventures, Mitsubishi Electrical, Stellar Ventures, Techstars, and Zeon Ventures.
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Somite – $47.0M
Boston-based Somite is leveraging knowledge and AI to introduce novel cell substitute therapies. Based by Allon Klein, Cliff Tabin, Jay Shendure, Jonathan Rosenfeld, Micha Y. Breakstone, and Olivier Pourquie in 2023, Somite has now raised a complete of $57.3M in complete fairness funding and is backed by Ajinomoto, Chan Zuckerberg Initiative, Fidji Simo, Fusion Fund, Harpoon, Khosla Ventures, Martin Chavez, Pitango VC, SciFi VC, and TechAviv.
Sprinter Well being – $55.0M
San Francisco-based Sprinter Well being is a healthcare supplier that mixes know-how with a medical observe to ship customized care to sufferers’ properties. Based by Cameron Behar and Max Cohen in 2021, Sprinter Well being has now raised a complete of $92.6M in complete fairness funding and is backed by Accel, Andreessen Horowitz, Normal Catalyst, Google Ventures, and Regents of the College of California.
The Nuclear Firm – $46.3M
Lexington-based The Nuclear Firm is a fleet-scale nuclear deployment agency that provides for nuclear sectors. Based by Jonathan Webb, Kiran Bhatraju, and Patrick Maloney in 2023, The Nuclear Firm has now raised a complete of $46.3M in complete fairness funding and is backed by CIV, Eclipse, Goldcrest Capital, MCJ, True Ventures, and Surprise Ventures.
Theom – $20.0M
San Jose-based Theom supplies an AI-native knowledge operations heart platform to find, observe, and shield enterprise knowledge in cloud environments. Based by Navindra Yadav, Ravi Sankuratri, and Supreeth Rao in 2020, Theom has now raised a complete of $36.4M in complete fairness funding and is backed by Databricks Ventures, Ridge Ventures, SentinelOne, Snowflake, and Wing Enterprise Capital.
X-Bow Launch Techniques – $35.0M
Albuquerque-based X-Bow Techniques is an area know-how firm that produces stable rocket motors and hypersonic applied sciences for protection industries. Based by Jason Hundley, John Leary, Mark Kaufmann, and Maureen Gannon in 2016, X-Bow Launch Techniques has now raised a complete of $134.4M in complete fairness funding and is backed by Arkenstone Companions, Balerion Area Ventures, Boeing HorizonX Ventures, Bravo Victor Enterprise Capital, Capital Manufacturing unit, Crosslink Capital, Occasion Horizon Capital, Lockheed Martin, Razor’s Edge Ventures, and Upsher Administration Firm.
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