The Weekly Notable Startup Funding Report: 2/3/25 – AlleyWatch

The Weekly Notable Startup Funding Report takes us on a visit throughout varied ecosystems within the US, highlighting a number of the notable funding exercise within the varied markets that we observe. The notable startup funding rounds for the week ending 2/1/25 that includes funding particulars representing $679M in new funding that it is advisable find out about.

Helion Power – $425.0M

ENERGY
CLEANTECH

Everett-based Helion Power develops fusion energy expertise for clear electrical energy era. Based by Chris Pihl, David Kirtley, George Votroubek, and John Slough in 2013, Helion Power has now raised a complete of $1.0B in complete fairness funding and is backed by Capricorn Funding Group, Dustin Moskovitz, Good Ventures, Lightspeed Enterprise Companions, Mithril Capital Administration, Nucor Company, Sam Altman, and SoftBank Imaginative and prescient Fund.

ElevenLabs – $180.0M

AI
AUDIO

New York-based ElevenLabs develops AI audio fashions for speech and sound era. Based by Mati Staniszewski and Piotr Dabkowski in 2022, ElevenLabs has now raised a complete of $281.0M in complete fairness funding and is backed by Andreessen Horowitz, BroadLight Capital, Endeavor Catalyst, ICONIQ Progress, Lunate, New Enterprise Associates, NFDG Ventures, Salesforce Ventures, Sequoia Capital, Smash Capital, SV Angel, Valor Fairness Companions, and WiL.

VEIR – $75.0M

ENERGY
INFRASTRUCTURE

Boston-based VEIR is an organization creating a brand new method to utilizing high-temperature superconductors for electrical energy transmission. Based by Adam Wallen in 2019, VEIR has now raised a complete of $111.7M in complete fairness funding and is backed by Breakthrough Power Ventures, Congruent Ventures, Dara Holdings, Advantageous Construction Enterprise, Provoke Local weather Options, Microsoft Local weather Innovation Fund, Munich Re Ventures, Nationwide Grid Companions, Piva Capital, SiteGround, The Engine, Tyche Companions, and VXI Capital.

Mercor – $75.0M

AI
HR TECH

San Francisco-based Mercor is an AI-based hiring platform designed to improves the recruitment course of for each job seekers and corporations. Based by Adarsh Hiremath, Brendan Foody, and Surya Midha in 2023, Mercor has now raised a complete of $108.6M in complete fairness funding and is backed by Felicis, Normal Catalyst, Jack Dorsey, and Peter Thiel.

Castelion – $70.0M

DEFENSE TECH

El Segundo-based Castelion is a protection tech firm that applies fashionable {hardware} improvement and manufacturing processes to nationwide safety challenges. Based by Andrew Kreitz, Bryon Hargis, and Sean Pitt in 2022, Castelion has now raised a complete of $89.6M in complete fairness funding and is backed by Andreessen Horowitz, BlueYard Capital, Cantos, First In, Interlagos Capital, Lavrock Ventures, Lightspeed Enterprise Companions, and Silent Ventures.

Rad AI – $60.0M

AI
HEALTHCARE

San Francisco-based Rad AI develops software program that makes use of AI to automate radiology report writing, aiming to reinforce accuracy and cut back radiologist burnout. Based by Doktor Gurson and Jeff Chang in 2018, Rad AI has now raised a complete of $143.0M in complete fairness funding and is backed by Cone Well being, Khosla Ventures, OCV, Transformation Capital, UP2398, and WiL.

Onebrief – $50.0M

ENTERPRISE
DEFENSE

Honolulu-based Onebrief is a web-based army planning software program for fast decision-making and collaboration. Based by Grant Demaree and Rafa Pereira in 2019, Onebrief has now raised a complete of $87.5M in complete fairness funding and is backed by 9Yards Capital, Caffeinated Capital, Normal Catalyst, Human Capital, and Perception Companions.

Eclypsium – $45.0M

CYBERSECURITY
SUPPLY CHAIN

Portland-based Eclypsium affords a platform for provide chain safety for IT infrastructure. Based by Alex Bazhaniuk and Yuriy Bulygin in 2017, Eclypsium has now raised a complete of $129.0M in complete fairness funding and is backed by Andreessen Horowitz, Madrona, Pavilion Capital, Qualcomm Ventures, Singtel Innov8, Sixty Diploma Capital, and Ten Eleven Ventures.

Safely You – $43.0M

HEALTHCARE
AI

San Francisco-based SafelyYou offers fall detection and prevention expertise for dementia care. Based by George Netscher in 2015, Safely You has now raised a complete of $102.5M in complete fairness funding and is backed by Cross Creek, Basis Capital, Founders Fund, Omega Healthcare Traders, Qualcomm Ventures, Samsung NEXT, and Touring Capital.

Closinglock – $34.0M

REAL ESTATE
FRAUD PREVENTION

Austin-based Closinglock is a supplier of fraud prevention expertise to the true property trade. Based by Abigail White and Andy White in 2017, Closinglock has now raised a complete of $50.0M in complete fairness funding and is backed by Headline, RWT Horizons, and Sageview Capital.

Hone Well being – $33.0M

HEALTHCARE
TELEHEALTH

New York-based Hone Well being offers a web-based clinic platform for males. Based by Alba Mertira, Mohammed Saad Alam, Seth Franz, Stuart Blitz, and Zachary Kane in 2018, Hone Well being has now raised a complete of $38.0M in complete fairness funding and is backed by Agent Capital, Anthony Pompliano, Austin Rief, Christopher Petkas, Codie Sanchez, Fasha Mahjoor, FJ Labs, Gaingels, Hanwha, humbition, Wanting Glass Capital, Matt Wan, Michael Rabil, Nikita Bier, Paul Rabil, Republic capital, Sam Parr, Saudi Arabia’s Public Funding Fund, Shaan Puri, Stephen Dukker, Tribe Capital, and Vibe VC.

Elucent Medical – $30.0M

HEALTHCARE
MEDICAL DEVICES

Eden Prairie-based Elucent Medical offers surgical navigation options to reinforce affected person care. Based by Laura King in 2014, Elucent Medical has now raised a complete of $92.1M in complete fairness funding and is backed by Trinity Capital.

Bluwhale – $25.0M

BLOCKCHAIN
AI

Santa Clara-based Bluwhale is a platform for decentralized information information that allows Dapps so as to add intelligence through API calls. Based by Han Jin in 2015, Bluwhale has now raised a complete of $34.1M in complete fairness funding and is backed by AlphaCrypto Capital, Altcoin Every day, Arbitrum, Awaken Finance, Baboon.VC, Castrum Capital, Citizen Capital, Coin Bureau, Cointelegraph, Cryptonite Capital, DWF Labs, Elevate Ventures, EVO Enterprise Companions, Faro Capital, Hub71, KAHUNA, London Actual Ventures, Grasp Ventures, Moon Capital, Motion Labs, NewTribe Capital, SwissBorg, The Commonwealth Fund, and Vitality Ventures.

Atomicwork – $25.0M

ENTERPRISE
IT

San Francisco-based Atomicwork offers fashionable service administration and conversational ITSM software program. Based by Kiran Darisi, Parsuram Vijayasankar, and Vijay Rayapati in 2022, Atomicwork has now raised a complete of $39.0M in complete fairness funding and is backed by Battery Ventures, Blume Ventures, Khosla Ventures, Neon Fund, Peak XV Companions, Storm Ventures, and Z47.

nue.io – $20.0M

FINTECH
REVENUE

San Jose-based Nue is an easy-to-manage quote-to-revenue platform designed to fulfill the wants of the trendy enterprise. Based by Cheng Zou, Kate McCullough, and Tina Kung in 2019, nue.io has now raised a complete of $35.0M in complete fairness funding and is backed by Bluefish Ventures, Data Enterprise Companions, Inovia Capital, NextWorld Capital, NJP Ventures, and Operator Stack.

Savant Labs – $18.5M

AI
ANALYTICS

San Francisco-based Savant Labs affords cloud-based, AI-powered analytics automation options for companies. Based by Barry Burns, Chitrang Shah, Matt Mesher, Yintao Tune, and Yunfeng Yang in 2021, Savant Labs has now raised a complete of $29.5M in complete fairness funding and is backed by Bloomberg Beta, Cota Capital, Dell Applied sciences Capital, Uncorrelated Ventures, Vertex Ventures, Village International, and WestWave Capital.

Delfina – $17.0M

HEALTHCARE
PRENATAL CARE

San Francisco-based Delfina offers a customized prenatal care system that makes use of the facility of information to maintain mothers and infants secure throughout being pregnant. Based by Ali Ebrahim, Priyanka Vaidya, and Senan Ebrahim in 2021, Delfina has now raised a complete of $22.3M in complete fairness funding and is backed by Artis Ventures, Boutique Enterprise Companions, Bread and Butter Ventures, Daren Cotter, Mayo Clinic, Metrodora Ventures, SemperVirens Enterprise Capital, Story Ventures, Tokio Marine Future Fund, and U.S. Enterprise Companions.

Bonsai Robotics – $15.0M

ROBOTICS
AGRICULTURE

San Jose-based Bonsai Robotics offers vision-based automation options for off-road automobiles, akin to agricultural machines. Based by Ugur Oezdemir in 2022, Bonsai Robotics has now raised a complete of $25.5M in complete fairness funding and is backed by Acre Enterprise Companions, Bison Ventures, Cibus Fund, Congruent Ventures, Fall Line Capital, Serra Ventures, SNR.vc, and The E14 Fund.

Camouflet – $12.0M

AI
PRICING

Los Angeles-based Camouflet is an embedded pricing platform that makes use of real-time AI-driven options to reinforce pricing methods for companies. Based by Jeff Radwell in 2024, Camouflet has now raised a complete of $15.0M in complete fairness funding and is backed by QVM Privatkapital.

Hypori – $12.0M

SAAS
SECURITY

Reston-based Hypori‘s SaaS delivered digital workspace frees clients from legal responsibility and safety dangers and preserves privateness for the cell end-user. Based by Brian Vetter in 2021, Hypori has now raised a complete of $55.0M in complete fairness funding and is backed by AE Industrial Companions, Carahsoft Expertise, and UBS.

TrustLogix – $13.0M

SECURITY
DATA

Sunnyvale-based TrustLogix equips companies with privateness options by means of information safety safety and governance. Based by Ganesh Kirti and Srikanth Sallaka in 2019, TrustLogix has now raised a complete of $13.0M in complete fairness funding and is backed by Alter Enterprise Companions, HIVE Ventures, Norwest Enterprise Companions, and WestWave Capital.

WiseLayer – $7.2M

AI
FINTECH

New York-based WiseLayer makes AI-powered digital employees for finance and accounting groups. Based by Josh Stein and Vik Bellapravalu in 2022, WiseLayer has now raised a complete of $7.5M in complete fairness funding and is backed by Canaan Companions, K5 International, The Fintech Fund, Unpopular Ventures, and Uncommon Ventures.

Created by People – $5.5M

AI
CREATOR ECONOMY

San Francisco-based Created by People permits creators to promote license rights for AI coaching. Based by Edward Igushev, Jen Singerman, and Journey Adler in 2024, Created by People has now raised a complete of $11.0M in complete fairness funding and is backed by Cal Henderson, Cameron Yarbrough, Drew Houston, Emmett Shear, Big Ventures, Kyle Vogt, and Unusual Capital.

Medsender – $5.0M

HEALTHCARE
COMMUNICATION

New York-based Medsender is modernizing healthcare communication and automating care coordination workflows. Based by Ammar Khan and Zain Qayyum in 2015, Medsender has now raised a complete of $5.0M in complete fairness funding and is backed by Ballast Level Ventures.

Rynse – $5.0M

FLEET MANAGEMENT
SOFTWARE

Philadelphia-based Rynse offers fleet administration software program with compliance monitoring, expense administration, and real-time information. Based by Jake Gutman and Roland Lau in 2022, Rynse has now raised a complete of $5.0M in complete fairness funding and is backed by Autotech Ventures, Connexa Capital, Correlation Ventures, and Founder Collective.

Analog – $5.0M

BLOCKCHAIN
WEB3

Newark-based Analog is a decentralized, PoT based mostly layer-0 community that goals to offer a safe and scalable approach to transmit validated occasion information. Based by Sanchal Ranjan and Victor Younger in 2022, Analog has now raised a complete of $21.0M in complete fairness funding and is backed by BackerDAO.

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