Who Got Funded? Week 49, 2023

4-10 Dec, 2023. Your weekly summary of startup investments from pre-seed all the way up to Series B ๐Ÿš€

Hello, startup friends!

Several exciting funding rounds were announced last week.

Are you ready to dive into last week's top-funded startup stories? ๐Ÿ‘€ 

Week 49, Who got Funded?

Last week's top-funded startups (4-10 Dec, 2023)

Pre-seed / Angel

๐Ÿ‡ซ๐Ÿ‡ท Less than a year old Carbon Maps secured $7,600,000 from investors such as Samaipata, Daphni, and Breega. You can read more about this deal here and here.

Carbon Maps is constructing a SaaS platform with a focus on the environmental impact of the food industry.

๐Ÿ‡ช๐Ÿ‡ฌ Mtor raises $2,800,000 in a round led by Algebra Ventures. You can read more about this deal here.

Mtor is a marketplace operating in the automotive industry, offering advanced technology solutions to simplify the currently fragmented supply chain.

๐Ÿ‡ฉ๐Ÿ‡ช Ryver.ai raised $1,500,000 from Nina Capital, BayernKapital and Fund F. You can read more about this deal here.

The company seeks to solve the data bottleneck in medical imaging AI without compromising patient privacy.

๐Ÿ‡ฌ๐Ÿ‡ง London-based Harriet raises $1,500,000 from Concept Ventures and other investors. You can read more about this deal here.

Harriet is crafting an AI solution to revolutionize companies' data, automating tasks for People teams, and assigning personalized HR assistants to each staff member.

๐Ÿ‡ฌ๐Ÿ‡ง Cybersecurity startup Klarytee closed a $880,000 funding round. Concept Ventures has led the round. You can read more about this deal here.

Klarytee is a SaaS-based platform that builds security into sensitive content, enabling large organisations to retain granular control and visibility wherever the data goes. 

Seed

๐Ÿ‡บ๐Ÿ‡ธ Seattle founder Vetri Vellore, who sold his last startup to Microsoft, raises $26,000,000 for his new AI company called Rhythms. The round has been co-led by Madrona Venture Group and Greenoaks, and you can read more about this deal here.

The company aims to answer why some teams in the same organization perform better than others.

๐Ÿ‡บ๐Ÿ‡ธ Generative AI startup DataCebo closed a $8,500,000 round co-led by Link Ventures and Zetta Venture Partners. You can read more about this deal here.

DataCebo uses advanced AI technology to help big companies quickly and accurately create fake but realistic data for testing and training their computer programs.

๐Ÿ‡ฌ๐Ÿ‡ง Triple closed a $7,500,000 round led by TX Ventures. You can read more about this deal here.

Triple provides API-driven transaction enrichment services to global banks, enhancing data accuracy and security.

๐Ÿ‡ณ๐Ÿ‡ฑ Fermentation startup Farmless secured a $5,150,000 seed round for sustainable protein. The funding is co-led by World Fund and Vorwerk Ventures, with participation from Revent. Read more about this deal here.

Farmless' mission is to free protein production from animals and agricultural land by fermenting naturally occurring microorganisms on a renewable liquid feedstock derived from renewable energy.

๐Ÿ‡จ๐Ÿ‡ฟ Born Digital secured a $2,150,000 round from ฤŒeskรก Spoล™itelna (the biggest Czech bank measured by the number of clients), Erste Group, and J&T Ventures. You can read more about this deal here.

The startup builds digital personas to serve as digital public administrator, digital insurance advisor, medical assistant, and many other roles for commercial use.

Series A

๐Ÿ‡บ๐Ÿ‡ธ ARTBIO raised a $90,000,000 round co-led by Third Rock Ventures and an undisclosed healthcare fund. You can read more about this deal here.

The clinical-stage radiopharmaceutical company is developing a new class of targeted alpha radioligand therapies (ARTs).

๐Ÿ‡จ๐Ÿ‡ฆ ContactMonkey closed a $55,000,000 round led by Updata Partners. You can read more about this deal here.

The startup provides a solution for connecting and engaging employees from anywhere.

๐Ÿ‡ฎ๐Ÿ‡ณ Sarvam AI secured a $41,000,000 round led by Lightspeed. You can read more about this deal here.

Sarvam AI is an Indian startup in the Generative AI space, similar to OpenAI or Google DeepMind.

๐Ÿ‡ฉ๐Ÿ‡ช Milano Vice closed a $9,000,000 round led by New York-based Coefficient Capital. You can read more about this deal here.

The website mentions pizza delivery, but with its founders being former Delivery Hero executives, it seems like just the beginning.

๐Ÿ‡บ๐Ÿ‡ธ Mulberri closed a $6,750,000 round led by Eos Venture Partners. You can read more about this deal here.

This company develops an AI-driven embedded platform for small and medium enterprises specializing in business insurance.

Series B and later

๐Ÿ‡บ๐Ÿ‡ธ Seismic Therapeutics raised a $121,000,000 round led by Bessemer Venture Partners. You can read more about this deal here.

The funds from this round will be utilized to progress two lead programs through Phase I trials.

๐Ÿ‡บ๐Ÿ‡ธ Autogen AI raised a $39,500,000 round co-led by Salesforce Ventures and Spark Capital. You can read more about this deal here.

The funding will enable AutogenAI to further develop its bid-writing product suite.

๐Ÿ‡บ๐Ÿ‡ธ Air Space Intelligence closed a $34,000,000 round led by Andreessen Horowitz. You can read more about this deal here.

Air Space is a San Francisco-based software-first aerospace company.

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