The Weekly Notable Startup Funding Report: 4/15/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
4d ago
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 4/13/24 featuring funding details for Leasecake, Platform Science, Alethea, and fifteen other deals representing $1.2B in new funding that you need to know about. Cyera – $300.0M New York-based Cyera is an AI-powered data security platform that gives enterprises deep context on their data to assure cyber-resilience and compliance. Founded by Tamar Bar-Ilan ..read more
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Adro Raises $1.5M to Bring Comprehensive Financial Services to International Students
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
Over 1 million international students are enrolled in universities across the United States, contributing an estimated $40B to the US economy and supporting over 360,000 jobs.  Despite these economic ramifications, the path to integrating international students into the financial services and banking ecosystems is fraught with barriers.  Adro is a financial services platform specifically designed for international students to gain access to the US banking system and build credit histories.  The platform offers both checking and savings accounts, credit cards, and international m ..read more
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Summer Raises $9M to Make Student Loan Assistance From Employers a Workplace Benefit
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
The burden of student loans in the United States has reached a staggering $1.74 trillion, surpassing the total outstanding credit card debt. During the pandemic, 63% of full-time employees reported increased financial stress, highlighting the need for employers to prioritize financial well-being. In this competitive talent landscape, engaging and satisfying employees is not just good practice—it’s essential for attracting and retaining talent, especially among millennials and Gen Z. Summer is an end-to-end benefits platform for the workplace that allows employers to offer employees paths to sa ..read more
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Montauk Climate Raises $8.5M to Incubate the Climate Tech Companies That Will Define a Sustainable Future
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
The Inflation Reduction Act is anticipated to channel over $500B into climate technologies over the next decade, aiming to reduce carbon emissions. Companies that adeptly navigate this market quickly and build climate tech solutions stand to benefit significantly.  Montauk Climate, a climate tech-focused incubator, aims to foster category-defining companies in the climate space, spanning energy transition, infrastructure, and sustainability.  Founded by the CEO and Cofounder of Casper, the company is supported by a leading team of climate experts and investors that have built a ..read more
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The 11 Largest US Funding Rounds of March 2024
AlleyWatch - The Pulse of NYC Startups and Tech
by Reza Chowdhury
1w ago
Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from March 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech)TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative org ..read more
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The Weekly Notable Startup Funding Report: 4/8/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
1w ago
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 4/6/24 featuring funding details for Homebase, Actnano, Read AI, and twelve other deals representing $542M in new funding that you need to know about. Actnano – $40.0M Cambridge-based Actnano specializes in smart coating solutions that make electronics water-resistant. Founded by Taymur Ahmad in 2012, Actnano has now raised a total of $81.8M in total equity ..read more
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The 11 Largest NYC Tech Startup Funding Rounds of Q1 2024
AlleyWatch - The Pulse of NYC Startups and Tech
by Reza Chowdhury
2w ago
Armed with some data from our friends at CrunchBase, I broke down the largest NYC Startup funding rounds in New York for Q1 2024. I have included some additional information such as industry, description, round type, and total equity funding raised to further the analysis of the state of venture capital in NYC.The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and st ..read more
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The Weekly Notable Startup Funding Report: 4/1/24
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
2w ago
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 3/30/24 featuring funding details for Herself, Observe, Activeloop, and seventeen other deals representing $928M in new funding that you need to know about. NewRetirement – $20.0M Mill Valley-based NewRetirement is a financial planning platform for employers and individuals. Founded by Stephen Chen in 2015, NewRetirement has now raised a total of $32.6M in ..read more
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Viam Raises $45M to Accelerate Software Development for the Applications that Power Hardware Across Robotics, Smart Machines, IoT, and more
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
3w ago
The emergence of photovoltaic sensors in the 19th century marked a pivotal moment—the birth of light sensors, paving the way for other sensor types. Fast forward to the 1960s, and sensor utilization skyrocketed thanks to advancements in semiconductor manufacturing. These breakthroughs allowed for miniaturized sensors, opening up novel applications beyond industrial and military use. Today, software is coupled with sensors and hardware to drive intelligent automation across various applications.  Viam is an open-source platform that provides the groundwork for accelerated software developm ..read more
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Nominal Raises $9.2M to Automate Accounting Workflows with Generative AI and Modernize ERP
AlleyWatch - The Pulse of NYC Startups and Tech
by AlleyWatch
3w ago
Enterprise resource planning (ERP) systems are the heartbeat of many companies that centralize the core business processes across an organization, handling various functions like finance HR, supply chain, inventory, service, procurement, etc.   However, the legacy ERPs, which were mostly designed in the early 2000s, are beginning to show signs of age and are unable to keep up with the complex demands of today’s businesses.  Nominal seeks to modernize the ERP system with its platform that uses generative AI to transform business logic into accounting workflows. The platform creat ..read more
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