The Weekly Notable Startup Funding Report: 3/18/24 – AlleyWatch

The Weekly Notable Startup Funding Report takes us on a visit throughout varied ecosystems within the US, highlighting among the notable funding exercise within the varied markets that we observe. The notable startup funding rounds for the week ending 3/16/24 that includes funding particulars for Omni, Proscia, and seventeen different offers representing $757M in new funding that it is advisable to find out about.

Sealed – $30.0M

New York-based Sealed is a residential vitality effectivity startup that designs, manages, and funds dwelling weatherization and electrification tasks. Based by Andy Frank, Lauren Salz, and Paul Gilkerson in 2012, Sealed has now raised a complete of $108.5M in whole fairness funding and is backed by CityRock Enterprise Companions, Cyrus Capital Companions, Fifth Wall, and Keyframe Capital Companions.

Bear Robotics – $60.0M

Redwood Metropolis-based Bear Robotics manufactures self-driving indoor robots to help staff on every day duties that may ease their workload. Based by Brennand Pierce, Fangwei Li, John Ha, and Juan Higueros in 2017, Bear Robotics has now raised a complete of $175.8M in whole fairness funding and is backed by LG Electronics.

CarbonCapture – $80.0M

Los Angeles-based CarbonCapture is a local weather tech firm that develops direct air seize (DAC) machines to take away CO2 straight from the environment. Based by Andrea Pedretti and William T Gross in 2019, CarbonCapture has now raised a complete of $115.0M in whole fairness funding and is backed by Alumni Ventures, Aramco Ventures, Local weather Pledge Fund, IdealabX, Neotribe Ventures, Prime Movers Lab, Siemens Monetary Companies, and Time Ventures.

CodaMetrix – $40.0M

Boston-based CodaMetrix is a medical coding platform that makes use of AI to offer options for healthcare income cycle administration. Based by Hamid Tabatabaie and Michael Mercurio in 2019, CodaMetrix has now raised a complete of $95.0M in whole fairness funding and is backed by Frist Cressey Ventures, SignalFire, and Transformation Capital.

Draftwise – $20.0M

New York-based DraftWise supplies an AI-powered contract and negotiation platform that assists regulation corporations in procuring high quality contracts. Based by Emre Ozen, James Ding, and Ozan Yalti in 2020, Draftwise has now raised a complete of $28.0M in whole fairness funding and is backed by Earlybird Enterprise Capital, Index Ventures, and Y Combinator.

Empathy – $47.0M

New York-based Empathy is a help system cell utility that guides and helps households alongside the journey of loss. Based by Ron Gura and Yonatan Bergman in 2020, Empathy has now raised a complete of $90.0M in whole fairness funding and is backed by Allianz, Brewer Lane Ventures, Entree Capital, Normal Catalyst, Index Ventures, Latitude, MassMutual, MetLife, New York Life Insurance coverage, Securian Monetary Group, and Sumitomo.

Interlune – $15.5M

Estes Park-based Interlune is a lunar useful resource startup that gives sources for a clear and sustainable economic system on Earth and in area. Based by Gary Lai, Indra Hornsby, and Rob Meyerson in 2020, Interlune has now raised a complete of $17.4M in whole fairness funding and is backed by Aurelia Foundry, Gaingels, Liquid 2 Ventures, Seven Seven Six, and Shasta Ventures.

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Serenity Children – $52.0M

Austin-based Serenity Children is a child meals firm providing nutrient-dense meals that style nice to children and are handy for folks. Based by Joe Carr and Serenity Heegel Carr in 2016, Serenity Children has now raised a complete of $63.5M in whole fairness funding and is backed by Stride Client Companions.

NanoNets – $29.0M

San Francisco-based NanoNets makes use of synthetic intelligence to automate back-office processes inside the monetary providers sector. Based by Prathamesh Juvatkar and Sarthak Jain in 2017, NanoNets has now raised a complete of $40.5M in whole fairness funding and is backed by Accel, Elevation Capital, and Y Combinator.

Nozomi Networks – $100.0M

San Francisco-based Nozomi Networks is a cybersecurity firm specializing in operational know-how and IoT safety for vital infrastructure. Based by Andrea Carcano and Moreno Carullo in 2013, Nozomi Networks has now raised a complete of $266.0M in whole fairness funding and is backed by Activate Capital Companions, Energize Capital, Ahead Investments, GGV Capital, Honeywell Ventures, In-Q-Tel, Johnson Controls, Keysight Applied sciences, Lux Capital, Mitsubishi Electrical, Planven Investments, Porsche Ventures, Samsung Ventures, Schneider Electrical, Telefonica Innovation Ventures, and Triangle Peak Companions.

Ocient – $49.4M

Chicago-based Ocient is a hyper-scale information analytics firm that enables organizations to unlock worth by analyzing petabyte to exabyte scale information units. Based by Chris Gladwin, George Kondiles, and Joe Jablonski in 2016, Ocient has now raised a complete of $114.4M in whole fairness funding and is backed by Buoyant Ventures, Greycroft, Levy Household Companions, OCA Ventures, Riverwalk Holdings, and Wolf Capital Ventures.

Omni – $20.0M

San Francisco-based Omni is a market that gives entry to the issues wanted by nayone by its leases platform. Based by Aaron Wiener, Adam Dexter, and Thomas McLeod in 2014, Omni has now raised a complete of $55.0M in whole fairness funding and is backed by Principle Ventures.

Pienso – $10.0M

Brooklyn-based Pienso is a B2B AI platform that makes use of textual content information for perception era, doc intelligence, and content material moderation. Based by Birago Jones and Karthik Dinakar in 2016, Pienso has now raised a complete of $17.0M in whole fairness funding and is backed by Gideon Capital, Good Development Capital, Latimer Ventures, Nigel Toon, SRI Worldwide, and Uncork Capital.

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Proscia – $9.0M

Philadelphia-based Proscia develops a pathology platform to help routine pathology operations, improve most cancers analysis, and enhance affected person outcomes. Based by Coleman Stavish, David West, and Nathan Buchbinder in 2014, Proscia has now raised a complete of $80.5M in whole fairness funding and is backed by Alpha Intelligence Capital, Emerald Growth Managers, Flybridge, Fusion Fund, Highline Capital Administration, Hitachi Ventures, Razor’s Edge Ventures, Robin Hood Ventures, ROBO International, Scale Enterprise Companions, and Triangle Peak Companions.

Collectively AI – $106.0M

Menlo Park-based Collectively AI is a cloud-based platform designed for developing open-source generative AI and infrastructure for creating AI fashions. Based by Ce Zhang, Chris Re, Percy Liang, and Vipul Ved Prakash in 2022, Collectively AI has now raised a complete of $228.5M in whole fairness funding and is backed by Clement Delangue, Coatue, Definition, Emergence Capital, Manufacturing facility, Greycroft, Kleiner Perkins, Lengthy Journey Ventures, Lux Capital, Manu Sharma, New Enterprise Associates, Prosperity7 Ventures, Salesforce Ventures, Scott Banister, Soumith Chintala, and SVA.

Unstructured Applied sciences – $40.0M

San Francisco-based Unstructured develops an open-source information transformation platform to preprocess pure language information for machine studying providers. Based by Brian Raymond in 2022, Unstructured Applied sciences has now raised a complete of $65.0M in whole fairness funding and is backed by Allison Pickens, Bain Capital Ventures, Chet Kapoor, Databricks Ventures, IBM Ventures, Madrona, Mango Capital, Menlo Ventures, NVentures, and Vivek Ranadive.

Vouch – $25.0M

San Francisco-based Vouch is a enterprise insurance coverage supplier to high-growth tech and life science corporations. Based by Sam Hodges and Travis Hedge in 2018, Vouch has now raised a complete of $184.7M in whole fairness funding and is backed by Ribbit Capital.

Axion Ray – $17.5M

New Fort-based Axion Ray is an integrity intelligence platform that automates engineering and high quality analytics for manufacturing groups. Based by Daniel First and Rebecca Trachtenberg in 2021, Axion Ray has now raised a complete of $25.0M in whole fairness funding and is backed by Amplo, Bessemer Enterprise Companions, Impressed Capital Companions, and RTX Ventures.

Furno – $6.5M

Palo Alto-based Furno is a local weather know-how firm that produces zero-emission peculiar Portland cement. Based by Gurinder Nagra in 2020, Furno has now raised a complete of $11.0M in whole fairness funding and is backed by Cantos, Power Capital Ventures, Neotribe Ventures, and O’Shaughnessy Ventures.