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The AlleyWatch Startup Daily Funding Report: 8/19/2025

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/19/2025 featuring funding details for Keychain, ChemFinity Technologies, and much more. This page will be updated throughout the day to reflect any new fundings.

Eight Sleep – $100M Venture

SLEEP FITNESS

Eight Sleep, the sleep-fitness company, has raised $100M in Venture funding led by HSG. Founded by Alexandra Zatarain, Andrea Ballarini, Massimo Andreasi Bassi, and Matteo Franceschetti in 2014, Eight Sleep has now raised a total of $262.1M in reported equity funding.

Keychain – $30M Series B

CPG MARKETPLACE

Keychain, a marketplace and management platform for brands and retailers to connect with manufacturers in the CPG space, has raised $30M in Series B funding led by Wellington Management. Founded by Jordan Weitz, Oisin Hanrahan, and Umang Dua in 2023, Keychain has now raised a total of $68M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more – Keychain Raises $30M Series B to Scale AI-Powered CPG Manufacturing Platform

Basic Capital – $25M Series A

FINTECH

Basic Capital, a nextgen 401(k) platform, has raised $25M in Series A funding led by Lux Capital and Forerunner. Basic Capital was founded by Abdul Al-Asaad and Anjan Karanam in 2021.

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Revin AI – $10.7M

AI SERVICES

Revin AI, an AI-powered management platform for appliance repair service businesses, has raised $10.7M in funding according to a recent SEC filing. The filing indicates that the round comes from forty-one investors. Founded by Quinn Litherland in 2022, Revin AI has now raised a total of $12.6M in reported equity funding.

TensorZero – $7.3M Seed

AI/ML

TensorZero, the open-source stack for industrial-grade LLM applications, has raised $7.3M in Seed funding led by FirstMark. TensorZero was founded by Gabriel Bianconi and Viraj Mehta in 2024.

ChemFinity Technologies – $7M Seed

CLEANTECH

ChemFinity Technologies, the company behind a critical mineral recovery solution from mining waste, wastewater, and e-waste, has raised $7M in Seed funding led by Overture VC and At One Ventures. ChemFinity Technologies was founded by Adam Uliana and Ever Velasquez in 2022.

Pascal Research – $4M

CRYPTO

Pascal Research, a stealth crypto startup founded by two dYdX alumns, has raised $4M in funding according to a recent SEC filing. The filing indicates that the total offering is for $5.5M and this close comes from two investors. Pascal Research was founded by Ivo Crnkovic Rubsamen and Matthew Downey in 2025.


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Tags: Abdul Al-AsaadAdam UlianaAlexandra ZatarainAndrea BallariniAnjan KaranamAt One VenturesBasic CapitalChemFinity TechnologiesEight SleepEver VelasquezFirstMarkForerunnerGabriel BianconiHSGIvo Crnkovic RubsamenJordan WeitzKeychainLux CapitalMassimo Andreasi BassiMatteo FranceschettiMatthew DowneyOisin HanrahanOverture VCPascal ResearchQuinn LitherlandRevin AITensorZeroUmang DuaViraj MehtaWellington Management
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