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The Weekly Notable Startup Funding Report: 9/8/26

AlleyWatch by AlleyWatch
The Weekly Notable Startup Funding Report: 9/8/26
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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 9/5/26 featuring funding details for Lyte AI, Crusoe, SciFin, and twenty-one other deals representing $4.7B in new funding that you need to know about.


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Crusoe – $3.0B

Denver-based Crusoe develops artificial intelligence infrastructure that combines cloud computing, data centers, energy systems, and managed AI services. Founded by Chase Lochmiller and Cully Cavness in 2018, Crusoe has now raised a total of $5.5B in total equity funding and is backed by Atreides Management, Mubadala Capital, and Valor Equity Partners.


Gimlet Labs – $300.0M

San Francisco-based Gimlet Labs is a startup that develops infrastructure and applied research solutions that enable execution of agent-based AI workloads. Founded by James Bartlett, Michelle Nguyen, Natalie Serrino, Omid Azizi, and Zain Asgar in 2023, Gimlet Labs has now raised a total of $392M in total equity funding and is backed by 645 Ventures, Andreessen Horowitz, Arm Holdings, Eclipse, Emergence Capital, Factory, Hudson River Trading, M12 – Microsoft’s Venture Fund, Menlo Ventures, OnePrime Capital, Prosperity7 Ventures, QuantumLight, Samsung Ventures, Sapphire Ventures, Tiger Global Management, Triatomic Capital, Wing Venture Capital, and XTX Markets.


Upwind Security – $300.0M

San Francisco-based Upwind Security provides unified cloud and application security, using real-time visibility to identify threats and protect data integrity. Founded by Amiram Shachar, Lavi Ferdman, and Liran Polak in 2022, Upwind Security has now raised a total of $730M in total equity funding and is backed by Alta Park Capital, Bessemer Venture Partners, Craft Ventures, Cyberstarts, Greylock, Leaders Fund, Salesforce Ventures, and TCV.


David – $250.0M

New York-based David develops high-protein, low-calorie foods designed to support muscle growth and fat reduction. Founded by Peter Rahal and Zach Ranen in 2023, David has now raised a total of $335M in total equity funding and is backed by Greenoaks, ICONIQ Capital, Imaginary Ventures, and Valor Equity Partners.


Lyte AI – $165.0M

Sunnyvale-based Lyte AI develops integrated perception technology and AI systems for robotics, autonomous machines, and spatial computing environments. Founded by Alexander Shpunt, Arman Hajati, and Yuval Gerson in 2021, Lyte AI has now raised a total of $272M in total equity funding and is backed by Atreides Management, Fidelity Management And Research Company, Key 1 Capital, Maverick Silicon, and Ora Global.



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ProducePay – $140.0M

Los Angeles-based ProducePay is transforming the fresh produce industry through a combination of FinTech services and supply chain integration. Founded by Ben Dusastre and Pablo Schwarzbeck in 2014, ProducePay has now raised a total of $245.9M in total equity funding and is backed by Astanor Ventures and Avenue Capital Group.


HiddenLayer – $100.0M

Austin-based HiddenLayer offers a security platform built to protect artificial intelligence models and automated workflows from targeted cyber threats. Founded by Chris Sestito, James Ballard, and Tanner Burns in 2022, HiddenLayer has now raised a total of $156.2M in total equity funding and is backed by Booz Allen Ventures, Delta-v Capital, M12 – Microsoft’s Venture Fund, Morgan Stanley, and Ten Eleven Ventures.


Superluminal Medicines – $65.5M

Boston-based Superluminal Medicines develops small-molecule therapeutics using AI, biology, and chemistry. Founded by Ajay Yekkirala and Cony D’Cruz in 2022, Superluminal Medicines has now raised a total of $223.5M in total equity funding and is backed by BVF Partners, Catalio Capital Management, Cooley, Deep Track Capital, Eli Lilly, Gaingels, Insight Partners, NVIDIA, Perceptive Advisors, and RA Capital Management.


Physical Superintelligence – $58.0M

Cambridge-based Physical Superintelligence use AI-driven research to study physics, engineer physical systems, and explore new physical laws. Founded by Alexander Wissner-Gross and Matthew Pines in 2026, Physical Superintelligence has now raised a total of $58M in total equity funding and is backed by Anthony Scaramucci, Balaji Srinivasan, Breakthrough Energy Ventures, Dragon Global, Robot Ventures, Solari Capital, Susa Ventures, SV Angel, and Valkyrie.


Capacity – $54.0M

Saint Louis-based Capacity provides an AI platform designed to automate customer service interactions and streamline support workflows for enterprises. Founded by Chris Sims and David Karandish in 2017, Capacity has now raised a total of $393M in total equity funding and is backed by Kathy Ireland.


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Light – $46.0M

Austin-based Light is a platform that offers embedded and branded electricity plans for the customers of power brands. Founded by Adam Compain and Baker Shogry in 2023, Light has now raised a total of $46M in total equity funding and is backed by Activate Capital Partners, BoxGroup, Gigascale Capital, Matrix, MCJ, Mischief, and Spark Capital.


SciFin – $44.0M

San Jose-based SciFin is an AI-powered revenue intelligence platform that unifies fragmented sales data and CRM information into a single context layer. Founded by Mohit Aron, SciFin has now raised a total of $44M in total equity funding and is backed by Altimeter Capital, Foundation Capital, Madrona, S32, and Zetta Venture Partners.


Locus Robotics – $41.6M

Wilmington-based Locus Robotics is a warehouse robotics company that manufactures autonomous mobile robots to support e-commerce. Founded by Al Dekin, Bruce E. Welty, and Michael Johnson in 2014, Locus Robotics has now raised a total of $463.7M in total equity funding and is backed by G2 Venture Partners, Goldman Sachs Asset Management, Scale Venture Partners, and Tiger Global Management.


PatientIQ – $30.0M

Chicago-based PatientIQ provides a healthcare data platform for collecting, analyzing, and integrating patient outcomes data. Founded by Jimmy Skuros and Matthew Gitelis in 2016, PatientIQ has now raised a total of $56.2M in total equity funding and is backed by August Capital, Health Enterprise Partners, and Hughes & Company.


Aslan Protects – $20.8M

Washington-based Aslan Protects combats digital threats by deploying AI technology to prevent future mass shootings and other security threats. Founded by Ansel Tessier and Chase Reid in 2025, Aslan Protects has now raised a total of $23.3M in total equity funding and is backed by 2048 Ventures, Alumni Ventures, BoxGroup, Khosla Ventures, Liquid 2 Ventures, and XYZ Venture Capital.



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Clipto.AI – $15.0M

Palo Alto-based Clipto.AI develops on-device multimodal AI software for managing, processing, and searching video, audio, and image content. Founded by Hongwen Kang in 2023, Clipto.AI has now raised a total of $15M in total equity funding and is backed by 522 Ventures, EnvisionX Capital, GL Ventures, Hans Tung, HSG, Lu Zhang, and Palm Drive Capital.


Norbert Health – $14.0M

Brooklyn-based Norbert Health develops a home medical pod that monitors the health of families using contactless sensors. Founded by Alexandre Winter and Patrick Collins in 2019, Norbert Health has now raised a total of $22M in total equity funding and is backed by Alexis Le-Quoc, Cardinal Capital Group, Careit, EXOR N.V., Olivier Pomel, Saeju Jeong, and Thomas Clozel.


Cradlewise Inc. – $12.0M

Fremont-based Cradlewise Inc. develops smart sleep products for babies, centered on an integrated crib and bassinet system. Founded by Bharath Patil and Radhika Patil in 2019, Cradlewise Inc. has now raised a total of $19M in total equity funding and is backed by 3one4 Capital and Prudent Investment Managers.


Diameter Pay – $10.0M

Jersey City-based Diameter Pay is a financial service company that provides financial inclusion, fintech, blockchain, and social entrepreneurship services. Founded by David Lighton in 2017, Diameter Pay has now raised a total of $10M in total equity funding and is backed by BitRock Capital, CMT Digital, Faction, Onigiri Capital, SixThirty, Stellar Development Foundation, and Tech Council Ventures.


Molten Salt Solutions – $7.0M

Santa Fe-based Molten Salt Solutions develops a technology platform to commercialize molten salt synthesis and purification technology. Founded by John Elling in 2018, Molten Salt Solutions has now raised a total of $10M in total equity funding and is backed by Alumni Ventures, Dolby Family Ventures, Future Ventures, Gaingels, True Ventures, and Vanedge Capital.


Konko AI – $6.0M

New York-based Konko AI develops AI front-office agents for SMB health clinics that capture, qualify, and book patients 24/7. Founded by Jean Marc Goguikian and Michael Haddad in 2023, Konko AI has now raised a total of $7M in total equity funding and is backed by Ground Up Ventures, Hi Ventures, LifeX Ventures, Phoenix Investment Club, and SquareOne Capital.


Flamingo – $4.5M

Miami-based Flamingo provides an open platform that uses AI automation and open source tools to manage and streamline IT operations. Founded by Michael Assraf in 2024, Flamingo has now raised a total of $6.7M in total equity funding and is backed by focal and Vertex Ventures.


NewDays – $4.5M

Seattle-based NewDays is an AI company delivering cognitive health treatment. Founded by Babak Parviz in 2024, NewDays has now raised a total of $16M in total equity funding and is backed by General Catalyst and Madrona.


Guickly – $4.2M

San Jose-based Guickly provides an AI measurement platform for enterprises to track AI tools, agents, users, and spending. Founded by Prashant Jalan in 2025, Guickly has now raised a total of $4.2M in total equity funding and is backed by Christian Szegedy, Converge, Engineering Capital, and Neon Fund.


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Tags: 2048 Ventures3one4 Capital522 Ventures645 VenturesActivate Capital PartnersAdam CompainAjay YekkiralaAl DekinAlexander ShpuntAlexander Wissner-GrossAlexandre WinterAlexis Le-QuocAlta Park CapitalAltimeter CapitalAlumni VenturesAmiram ShacharAndreessen HorowitzAnsel TessierAnthony ScaramucciArm HoldingsArman HajatiAslan ProtectsAstanor VenturesAtreides ManagementAugust CapitalAvenue Capital GroupBabak ParvizBaker ShogryBalaji SrinivasanBen DusastreBessemer Venture PartnersBharath PatilBitRock CapitalBooz Allen VenturesBoxGroupBreakthrough Energy VenturesBruce E. WeltyBVF PartnersCapacityCardinal Capital GroupCareitCatalio Capital ManagementChase LochmillerChase ReidChris SestitoChris SimsChristian SzegedyClipto.AICMT DigitalConvergeCony D'CruzCooleyCradlewise Inc.Craft VenturesCrusoeCully CavnessCyberstartsDavidDavid KarandishDavid LightonDeep Track CapitalDelta-v CapitalDiameter PayDolby Family VenturesDragon GlobalEclipseEli LillyEmergence CapitalEngineering CapitalEnvisionX CapitalEXOR N.V.FactionFactoryFidelity Management and Research CompanyFlamingoFocalFoundation CapitalFuture VenturesG2 Venture PartnersGaingelsGeneral CatalystGigascale CapitalGimlet LabsGL VenturesGoldman Sachs Asset ManagementGreenoaksGreylockGround Up VenturesGuicklyHans TungHealth Enterprise PartnersHi VenturesHiddenLayerHongwen KangHSGHudson River TradingHughes & CompanyICONIQ CapitalImaginary VenturesInsight PartnersJames BallardJames BartlettJean Marc GoguikianJimmy SkurosJohn EllingKathy IrelandKey 1 CapitalKhosla VenturesKonko AILavi FerdmanLeaders FundLifeX VenturesLightLiquid 2 VenturesLiran PolakLocus RoboticsLu ZhangLyte AIM12 - Microsoft's Venture FundMadronaMatrixMatthew GitelisMatthew PinesMaverick SiliconMCJMenlo VenturesMichael AssrafMichael HaddadMichael JohnsonMichelle NguyenMischiefMohit AronMolten Salt SolutionsMorgan StanleyMubadala CapitalNatalie SerrinoNeon FundNewDaysNorbert HealthNvidiaOlivier PomelOmid AziziOnePrime CapitalOnigiri CapitalOra GlobalPablo SchwarzbeckPalm Drive CapitalPatientIQPatrick CollinsPerceptive AdvisorsPeter RahalPhoenix Investment ClubPhysical SuperintelligencePrashant JalanProducePayProsperity7 VenturesPrudent Investment ManagersQuantumLightRA Capital ManagementRadhika PatilRobot VenturesS32Saeju JeongSalesforce VenturesSamsung VenturesSapphire VenturesScale Venture PartnersSciFinSixThirtySolari CapitalSpark CapitalSquareOne CapitalStellar Development FoundationSuperluminal MedicinesSusa VenturesSV AngelTanner BurnsTCVTech Council VenturesTen Eleven VenturesThomas ClozelTiger Global ManagementTriatomic Capitaltrue venturesUpwind SecurityValkyrieValor Equity PartnersVanedge CapitalVertex VenturesWing Venture CapitalXTX MarketsXYZ Venture CapitalYuval GersonZach RanenZain AsgarZetta Venture Partners
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