The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 12/25/21 featuring funding details for Kneron, Overjet, and seven other rounds that you need to know about.
Ambys Medicines — $47.0M – Series A
South San Francisco-based Ambys Medicines is a biotechnology company focused on discovering and developing regenerative and restorative therapies. Founded by Holger Willenbring, Juan Carlos Izpisua Belmonte, Markus Grompe, and Martin Burke in 2018, Ambys Medicines has now raised a total of $187.0M in total equity funding and is backed by Alexandria Venture Investments, Laurion Capital Management, Schroders Capital, Smilegate Investment, Takeda, and Third Rock Ventures.
Ampla Technologies — $40.0M – Series A
New York-based Ampla provides tech-enabled financial solutions to help emerging brands. Founded by Anthony Santomo in 2019, Ampla Technologies has now raised a total of $40.0M in total equity funding and is backed by Core Innovation Capital, Forerunner Ventures, and VMG Partners.
Kneron — $25.0M – Series B
San Diego-based Kneron develops an application-specific integrated circuit and software that offers artificial intelligence-based tools. Founded by Albert Liu and Frank Chang in 2015, Kneron has now raised a total of $115.0M in total equity funding and is backed by Alltek, Gaingels, Lite-On Technology, PalPilot International, and Sand Hill Angels.
Overjet — $42.5M – Series B
Cambridge-based Overjet combines deep learning of dental images and data science to empower dental providers and payers to deliver the best patient care. Founded by Alexander Jelicich and Wardah Inam in 2018, Overjet has now raised a total of $77.4M in total equity funding and is backed by Crosslink Capital, General Catalyst, Insight Partners, and The E14 Fund.
Rec Room — $145.0M – Venture
Seattle-based Rec Room is an online universe that enables users to play and create games with friends. Founded by Bilal Orhan, Cameron Brown, Dan Kroymann, John Bevis, Josh Wehrly, and Nick Fajt in 2016, Rec Room has now raised a total of $294.0M in total equity funding and is backed by Coatue, Index Ventures, Madrona Venture Group, and Sequoia Capital.
Searchlight — $17.0M – Series A
San Francisco-based Searchlight is a modern reference assessment platform for talent. Founded by Anna X. Wang and Kerry Wang in 2018, Searchlight has now raised a total of $19.5M in total equity funding and is backed by Accel, Beth Axelrod, Founders Fund, Kapor Capital, Kelli Dragovich, Kenny Mendes, McKenna Quint, Operator Collective, and Shasta Ventures.
Tackle.io — $100.0M – Series C
Boise-based Tackle.io operates as a cloud marketplace subscription platform that helps software providers generate revenue. Founded by Brian Denker and Dillon Woods in 2016, Tackle.io has now raised a total of $148.3M in total equity funding and is backed by Andreessen Horowitz, Bessemer Venture Partners, and Coatue.
Yumi — $67.0M – Series B
Los Angeles-based Yumi offers a science-based early childhood meal delivery program. Founded by Angela Sutherland and Evelyn Rusli in 2012, Yumi has now raised a total of $79.1M in total equity funding and is backed by AF Ventures, Anne Wojcicki, Brand Foundry Ventures, Calvin Broadus, Gabrielle Union, Jazz Venture Partners, Neil Blumenthal, and New Enterprise Associates.