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Home AlleyTalk #NYCTech

The AlleyWatch Startup Daily Funding Report: 8/4/2023

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/4/2023 featuring funding details for Emtech, Petal, and much more. This page will be updated throughout the day to reflect any new fundings.


Emtech – $4M

Emtech, a provider of financial technologies for central banks, has raised $4M in Seed funding led by Matrix Partners India. Founded by Carmelle Cadet in 2019, Emtech has now raised a total of $10M in reported equity funding.


Petal – $20M

Petal, the credit card provider focused on providing access to credit to those who have been undeserved by traditional credit qualification standards, has raised $20M in additional funding from existing investors. Petal was founded by Andrew Endicott, David Ehrich, Jack Arenas, and Jason Rosen in 2016.


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Meta Logic – $2.3M

Meta Logic, a digital twin technology platform for warehouses to optimize automation through visualization, has raised $2.3M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5M and this close comes from forty-three investors. Meta Logic was founded by Michael V. Santora in 2019.


IYK – $18.9M

IYK, a tokenization platform for physical items and IRL events for creators, artists, and brands, has raised $18.9M in funding according to a recent SEC filing. The filing indicates that this round comes from thirty-nine investors. IYK was founded by Ryan Ouyang in 2021.


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Tags: Andrew EndicottCarmelle CadetDavid EhrichEMTECHIYKJack ArenasJason RosenMatrix Partners IndiaMeta LogicMichael V. SantoraPetalRyan Ouyang
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