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 11/9/24 featuring funding details for Physical Intelligence, Transaera, and nine other deals representing $600M in new funding that you need to know about.
Algorized – $4.3M
Berkeley-based Algorized offers an AI-centric platform developing advanced people-sensing to provide accurate human detection between people and machines. Founded by Joseph Benraz and Natalya Lopareva in 2022, Algorized has now raised a total of $4.3M in total equity funding and is backed by Acrobator Ventures | Acrobator.vc, Amazon Industrial Innovation Fund, Berkeley SkyDeck Fund, CoreNest Capital, and shuckerVC.
Corgea – $2.6M
San Francisco-based Corgea is a network management software that monitors data traffic and secures sensitive data for businesses. Founded by Ahmad Sadeddin in 2023, Corgea has now raised a total of $2.6M in total equity funding and is backed by Decacorn Capital, Jawed Karim, Propeller Inc., Sam Kassoumeh, Shorooq Partners, Unbound Ventures, and Y Combinator.
Dash0 – $9.5M
New York-based Dash0 primary focus will be on correlating and contextualizing issues to look beyond the limitations of telemetry silos. Founded by Benjamin Blackmore, Marcel Birkner, Michele Mancioppi, Miel Donkers, and Mirko Novakovic in 2023, Dash0 has now raised a total of $9.5M in total equity funding and is backed by Accel, Dig Ventures, Guillermo Rauch, and Guy Podjarny.
The LA TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the LA business community and beyond. Learn more about advertising to LA Tech, at scale.
Physical Intelligence – $400.0M
San Francisco-based Physical Intelligence is an AI company developing machine learning for robots and other physical devices. Founded by Adnan Esmail, Brian Ichter, Karol Hausman, Lachy Groom, and Sergey Levine in 2024, Physical Intelligence has now raised a total of $470.0M in total equity funding and is backed by Bond, Jeff Bezos, Lux Capital, OpenAI, Redpoint, and Thrive Capital.
PrognomiQ – $34.0M
San Mateo-based PrognomiQ is a biotechnology firm that develops test products to detect early disease detection through the power of multi-omics data. Founded by Omid Farokhzad and Philip Ma in 2020, PrognomiQ has now raised a total of $135.0M in total equity funding and is backed by aMoon Fund, Bruker, Catalio Capital Management, Invus, and Seer.
Transaera – $8.2M
Somerville-based Transaera develops energy-efficient air conditioning systems using innovative desiccant materials. Founded by Matthew Dorson and Sorin Grama in 1990, Transaera has now raised a total of $16.4M in total equity funding and is backed by Clean Energy Ventures, Energy Impact Partners, and MassMutual Ventures.
Upwind Security – $100.0M
San Francisco-based Upwind is the runtime-powered CNAPP that leverages runtime data to secure your cloud infrastructure. Founded by Amiram Shachar in 2022, Upwind Security has now raised a total of $178.0M in total equity funding and is backed by Craft Ventures, Cyberstarts, Greylock, Leaders Fund, Penny Jar Capital, and Sheva Capital.
You are seconds away from signing up for the hottest list in LA Tech!
Boston Materials – $13.5M
Billerica-based Boston Materials is a manufacturer of advanced materials for semiconductors and aerospace platforms. Founded by Anvesh Gurijala, Michael Segal, and Randall Erb in 2016, Boston Materials has now raised a total of $35.8M in total equity funding and is backed by Accelr8, Collaborative Fund, Diamond Edge Ventures, Gatemore Capital Management, Valo Ventures, and Woori Venture Partners.
PuppyGraph – $5.0M
Santa Clara-based PuppyGraph operates as a graph engine that enables users to query data stores. Founded by Danfeng Xu, Kunjie Chen, Lei Huang, Weimo Liu, and Zhenni Wu in 2023, PuppyGraph has now raised a total of $5.0M in total equity funding and is backed by Defy.vc.
UnifyApps – $20.0M
San Francisco-based UnifyApps automates workflows and quickly connects various applications. Founded by Abhinav Singi, Abhishek Khurana, Kavish Manubolu, Pavitar Singh, Rachit Mittal, Rahul Anishetty, Shivam Satrawal, and Sumeet Nandal in 2023, UnifyApps has now raised a total of $31.0M in total equity funding and is backed by Elevation Capital and ICONIQ Growth.
Cloverleaf AI – $2.8M
Denver-based Cloverleaf AI is a SaaS solution that provides vendors with early insights into RFPs through analysis of government meetings. Founded by Adam Zucker and Jeremy Becker in 2021, Cloverleaf AI has now raised a total of $2.9M in total equity funding and is backed by FirstMile Ventures, Jackson Square Ventures, Techstars, and The LegalTech Fund.
The LA TechWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the LA business community and beyond. Learn more about advertising to LA Tech, at scale.
