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 12/9/23 featuring funding details for Neurolens, Bigeye, Nth Cycle and seventeen other deals representing $667M in new funding that you need to know about.
Atomic Industries – $17.0M
Los Angeles-based Atomic Industries is a computational manufacturing company building an AI-powered tool and die maker. Founded by Aaron Slodov, Austin Bishop, and Lou Young Jr. in 2019, Atomic Industries has now raised a total of $20.2M in total equity funding and is backed by 8090 Industries, Acequia Capital (AceCap), Impatient Ventures, Narya Capital, Porsche Ventures, Toyota Ventures, and Yamaha Motor Ventures.
Ladder – $12.0M
Austin-based Ladder is a strength training app that provides a workout plan, every single day. Founded by Alex Karsos, Brett Maloley, Gregory Stewart, Jonny Arakelian, and Tom Digan in 2020, Ladder has now raised a total of $18.5M in total equity funding and is backed by LivWell Ventures and Tapestry VC.
ArmorCode – $40.0M
Palo Alto-based ArmorCode offers an AppSecOps platform that reduces application exposure and risk for customers. Founded by Anant Misra and Nikhil Gupta in 2020, ArmorCode has now raised a total of $65.0M in total equity funding and is backed by Ballistic Ventures, Cervin Ventures, Highland Capital Partners, NGP Capital, and Sierra Ventures.
Replicate – $40.0M
San Francisco-based Replicate is a library-based machine learning platform that provides a version control tool for coding. Founded by Ben Firshman in 2019, Replicate has now raised a total of $57.8M in total equity funding and is backed by Andreessen Horowitz, Heavybit, NVentures, Pledge Ventures, Sequoia Capital, and Y Combinator.
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DataCebo – $8.5M
Weston-based DataCebo develops synthetic data libraries to generate data for simulations. Founded by Carles Sala Cladellas, Kalyan Veeramachaneni, Neha Patki, and Saman Amarasinghe in 2020, DataCebo has now raised a total of $11.5M in total equity funding and is backed by Link Ventures, Uncorrelated Ventures, and Zetta Venture Partners.
Yogi – $10.0M
New York-based Yogi is an AI powered customer feedback analytics service that processes online and offline feedback sources. Founded by Chad Becker and Gautam Kanumuru in 2017, Yogi has now raised a total of $17.2M in total equity funding and is backed by Blueprint Equity, Data Point Capital, Jaffray Woodriff, Remarkable Ventures, RTP Global, and ScOp Venture Capital.
GameTree – $1.7M
Los Angeles-based GameTree is an AI social network for gamers and community that help find their tribes according to their unique tastes and personalities. Founded by Dana Sydorenko and John Uke in 2019, GameTree has now raised a total of $3.6M in total equity funding and is backed by 32bit Ventures, Coddy Johnson, Corazon Capital, EXPERT DOJO, Felix LaHaye, Fullstack Ventures, Goodwater Capital, Nicolas Stehle, Phil Schwarz, President Victor Yuschenko of Ukraine, and Sam Yagan.
Pontera – $60.0M
New York-based Pontera is a fintech company that offers financial and investment advice services. Founded by David Weisz, Uri Levine, and Yoav Zurel in 2012, Pontera has now raised a total of $159.3M in total equity funding and is backed by Blumberg Capital, Collaborative Fund, Hanaco Venture Capital, ICONIQ Growth, Lightspeed Venture Partners, and The Founders Kitchen.
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Neurolens – $45.0M
Coppell-based Neurolens designs prescription lenses that add a contoured prism to bring the eyes into alignment. Founded by Davis Corley in 2012, Neurolens has now raised a total of $171.8M in total equity funding and is backed by Trinary Capital.
DUST Identity – $40.0M
Newton-based DUST Identity is a proprietary technology which utilizes nanodiamonds to create an unclonable identity layer on any object. Founded by Dirk Englund, Jonathan Hodges, and Ophir Gaathon in 2018, DUST Identity has now raised a total of $52.3M in total equity funding and is backed by 8VC, Airbus Ventures, American Express Ventures, Castle Island Ventures, and Kleiner Perkins.
AssemblyAI – $50.0M
San Francisco-based AssemblyAI is an AI company building a platform of APIs to transcribe and understand audio data. Founded by Dylan Fox in 2017, AssemblyAI has now raised a total of $158.1M in total equity funding and is backed by Accel, Daniel Gross, Insight Partners, Keith Block, Nat Friedman, Smith Point Capital, and Y Combinator.
EnCharge AI – $22.6M
Santa Clara-based EnCharge AI delivers a battle-tested computing platform to unlock the best AI computing, from the edge to the cloud. Founded by Echere Iroaga, Kailash Gopalakrishnan, and Naveen Verma in 2022, EnCharge AI has now raised a total of $44.3M in total equity funding and is backed by ACVC Partners, AlleyCorp, Anzu Partners, RTX Ventures, S5V, Scout Ventures, Silicon Catalyst Angels, and VentureTech Alliance.
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Bigeye – $2.5M
San Francisco-based Bigeye is a data quality engineering platform that helps data teams effortlessly measure, improve, and communicate data quality. Founded by Egor Gryaznov and Kyle Kirwan in 2019, Bigeye has now raised a total of $68.5M in total equity funding and is backed by Alteryx Ventures, Coatue, Costanoa Ventures, In-Q-Tel, and Sequoia Capital.
Mulberri – $6.8M
Sunnyvale-based Mulberri is the first business insurance solution built for PEOs and brokers. Founded by Hamesh Chawla in 2021, Mulberri has now raised a total of $17.5M in total equity funding and is backed by Altamont Capital Partners, Eos Venture Partners, Hanover Technology Investment Management, and MS&AD Ventures.
Gecko Robotics – $100.0M
Pittsburgh-based Gecko Robotics provides robotics and inspection services, particularly for industrial applications. Founded by Jake Loosararian and Troy Demmer in 2013, Gecko Robotics has now raised a total of $222.0M in total equity funding and is backed by Founders Fund and US Innovative Technology Fund.
VAST Data – $118.0M
New York-based VAST Data offers a unified data platform that integrates storage, database, and compute capabilities into a single software platform. Founded by Jeff Denworth, Renen Hallak, and Shachar Fienblit in 2016, VAST Data has now raised a total of $381.0M in total equity funding and is backed by Bond Capital, Drive Capital, Fidelity Management and Research Company, and New Enterprise Associates.
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Nth Cycle – $37.0M
Beverly-based Nth Cycle is a metal processing technology company working with battery recyclers and miners to recover production-grade critical minerals. Founded by Megan O’Connor in 2017, Nth Cycle has now raised a total of $52.7M in total equity funding and is backed by Caterpillar Ventures, Equinor Ventures, MassMutual Impact Investing, and VoLo Earth Ventures.
Center – $30.0M
Bellevue-based Center is a corporate credit card and real-time expense management solution. Founded by Naveen Singh and Steve Singh in 2018, Center has now raised a total of $99.3M in total equity funding and is backed by Durable Capital Partners and Top Tier Capital Partners.
Clever Carnivore – $7.0M
Chicago-based Clever Carnivore, a cell-cultured meat startup that uses stem cell biology, recombinant protein, and bioengineering to make lab grown meats. Founded by Paul Burridge and Virginia Rangos in 2021, Clever Carnivore has now raised a total of $9.1M in total equity funding and is backed by Lever VC, McWin Partners, Newfund, Stray Dog Capital, Thia Ventures, and Valo Ventures.
Cambium – $19.0M
Mojave-based Cambium develops biomaterials for applications across defense, space, aerospace, and renewable energy. Founded by Simon Waddington and Stephan Herrera in 2019, Cambium has now raised a total of $27.0M in total equity funding and is backed by 8VC, Gaingels, GSBackers, Kern Venture Group, Marlinspike Capital, Modern Venture Partners, Vertical Capital Advisors, and Veteran Ventures Capital.
The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.
