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 11/25/23 featuring funding details for Rho Impact, Vivodyne, Defog, and seven other deals representing $219M in new funding that you need to know about.
Alto Neuroscience – $45.0M
Los Altos-based Alto Neuroscience is a clinical-stage biopharmaceutical company that creates precision medicines through its AI-driven biomarker platform. Founded by Amit Etkin, Dan Segal, and Wei Wu in 2019, Alto Neuroscience has now raised a total of $145.0M in total equity funding and is backed by Alexandria Venture Investments, Alkeon Capital, Alpha Wave Ventures, Eli Lilly, Franklin Templeton Investments, InVivium Capital, Lightswitch Capital, Point72 Ventures, What If Ventures, and Windham Venture Partners.
Defog – $2.2M
San Francisco-based Defog is a natural language data query platform that allows users to ask free-form data questions through large language models. Founded by Medha Basu and Rishabh Srivastava in 2023, Defog has now raised a total of $2.7M in total equity funding and is backed by Dharmesh Shah, Divya Bhat, Hike Ventures, Pioneer Fund, Script Capital, and Y Combinator.
LucidLink – $75.0M
San Francisco-based LucidLink develops a storage collaboration platform to connect creative teams working on shared data sets. Founded by George Dochev and Peter Thompson in 2016, LucidLink has now raised a total of $114.6M in total equity funding and is backed by Adobe Ventures, Baseline Ventures, Brighton Park Capital, and Headline.
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Qortex – $10.0M
New York-based Qortex is an intelligent video analytics company that helps brands distribute video content for the web, CTV, and in-game. Founded by James Altschuler and Zack Rosenberg in 2020, Qortex has now raised a total of $10.6M in total equity funding and is backed by GFT Ventures and Silicon Road Ventures.
Rho Impact – $1.1M
Charlottesville-based Rho Impact provides data, tools, and services to make the world’s most verifiable and auditable impact claims. Founded by Amber Gold and Gilman Callsen in 2021, Rho Impact has now raised a total of $1.1M in total equity funding and is backed by 3rd Creek, Charlottesville Angel Network, Preston-Werner Ventures, and Virginia Innovation Partnership Corporation.
Rokid – $20.0M
Redwood City-based Rokid is a product platform company that develops and manufactures smart devices, including AI-powered smart speakers and smart glasses. Founded by Eric Wong and Mingming Zhu in 2014, Rokid has now raised a total of $472.9M in total equity funding and is backed by NetDragon.
Saga.xyz – $5.0M
Palo Alto-based Saga.xyz gives visionaries the high-end tools and support they need to turn their blockchain dreams into reality. Founded by Rebecca Liao in 2021, Saga.xyz has now raised a total of $15.5M in total equity funding and is backed by Avid Technology, Com2uS, Dispersion Capital, LongHash Ventures, Placeholder, Redbeard Ventures, and Tykhe Block Ventures.
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Vendelux – $14.0M
New York-based Vendelux is a provider of an event intelligence platform. Founded by Alex Reynolds and Stefan Deeran in 2021, Vendelux has now raised a total of $17.1M in total equity funding and is backed by Alexander Theuma, Cervin Ventures, FirstMark, Jay Weintraub, and Jonathan Weiner.
Vivodyne – $38.0M
Philadelphia-based Vivodyne develops an automated robotic system that discovers life-changing drugs and cellular therapies. Founded by Andrei Georgescu and Dan Huh in 2020, Vivodyne has now raised a total of $40.0M in total equity funding and is backed by Bison Ventures, CS Venture Opportunities Fund, Kairos Ventures, Khosla Ventures, and MBX Capital.
Medmo – $9.0M
New York-based Medmo is a healthcare company that develops a platform to connect patients with local medical centers. Founded by Christopher Kelly and Lucas Takahashi in 2017, Medmo has now raised a total of $15.9M in total equity funding and is backed by C2 Ventures, Darian Shirazi, Elliot Cohen, Jerusalem Venture Partners (JVP), Lerer Hippeau, Simon Bolz, Simon Lorenz, and Stone IsraVentures. AlleyWatch broke the news in an exclusive covering the round and much more – Medmo Raises $9M to Make Medical Imaging Services Accessible to the Masses
