With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 3/1 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for CarbonQuest, Kitchen Stadium Inc, and much, much more.
CarbonQuest – $20M Venture funding
CLEANTECH
CARBON CAPTURE
CarbonQuest, a provider of distributed carbon capture solution for buildings and power generation systems, has raised $20M in Venture funding led by Riverbend Energy Group. Founded by Dave Curry in 2019.
Fauna Robotics – $16.6M
ROBOTICS
CONSUMER TECH
Fauna Robotics, a maker of advanced robots for home, has raised $16.6M in funding according to a recent SEC filing. The filing indicates that the total offering is for $17.1M and there were twenty-eight investors in this close. Fauna Robotics was founded in 2024.
Anagram – $10M Series A
CYBERSECURITY
EDTECH
Anagram, a cyber security training platform for workforces, has raised $10M in Series A funding led by Madrona. Founded by Harley Sugarman in 2024, Anagram has now raised a total of $10.4M in reported equity funding.
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Ethos – $6M Seed
FINTECH
RISK MANAGEMENT
Ethos, a risk management platform for financial institutions and fintech companies, has raised $6M in Seed funding led by Canapi Ventures. Ethos was founded by Jett Oristaglio and Mike Fotinakis in 2023.
Floodbase – $5M
INSURTECH
CLIMATE TECH
Floodbase, a parametric platform for insuring uncovered flood risk, has raised $5M in venture funding from investors that include Ecosystem Integrity Fund and Pulse Fund. Founded by Bessie Schwarz and Beth Tellman in 2015, Floodbase has now raised a total of $17M in reported equity funding.
Kitchen Stadium Inc – $1.8M
FOOD TECH
E-COMMERCE
Kitchen Stadium Inc, the parent company for brands like Stadium, SnackMagic, SwagMagic, and CPGPulse, has raised $1.8M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.1M and this close comes from seven investors. Founded by Shaunak Amin and Manik Juneja in 2014, Kitchen Stadium Inc has now raised a total of $16.8M in reported equity funding.
