Here’s this week’s startup funding recap:
1. Contextual AI, led by Douwe Kiela, has raised an $80 million Series A funding round. Contextual AI offers a platform that enables enterprises to build custom language models for enhancing AI applications, with secure deployment options.
2. Energy Domain, led by Ben Heinzelmann, has raised a $5 million Series A funding round. Energy Domain operates an online marketplace for the energy sector, providing tools for market data analysis to optimize asset value and manage deals.
3. Datch, led by Mark Fosdike, has raised a $15 million Series A funding round. Datch offers an AI-powered platform that digitizes industrial operations, transforming work processes into actionable insights to improve efficiency.
4. H3X, led by Jason Sylvestre, has raised a $20 million Series A funding round. H3X designs high-power electric motors for aviation and industrial applications, maximizing performance while reducing weight and increasing range.
5. Adept Materials, led by Derek Stein, has raised $4 million in Seed funding. Adept Materials makes advanced materials addressing moisture and thermal management, enhancing sustainability in building materials and textiles.
6. Carketa, led by Tim Hansen, has raised $4.4 million in growth funding. Carketa provides data and intelligence software for the automotive industry, offering real-time insights to enhance vehicle lifecycle management.
7. Cala Systems, led by Michael Rigney, has raised $5.6 million in Seed funding. Cala Systems creates intelligent heat pump water heaters, integrating sensors and predictive technology to reduce costs and environmental impact.
8. Aurascape AI, led by Rajiv Khemani, has raised $12.8 million in Seed funding. Aurascape AI provides cybersecurity solutions that secure enterprise environments, addressing vulnerabilities in AI adoption.
9. Terrantic, led by Krishna Srinivasan, has raised $3.5 million in Seed funding. Terrantic offers an operational data platform for the food supply chain, transforming data into actionable insights to optimize operations.
10. Napkin, led by Pramod Sharma, has raised $10 million in Seed funding. Napkin’s Visual AI platform helps users create visuals for business storytelling, integrating with tools like Google Docs and Canva.
11. SYSO Technologies, led by Chris Gosline, has raised $14.5 million in Series B funding. SYSO provides a platform for managing renewable energy and battery storage assets, optimizing operations and maximizing efficiency.
12. Anjuna, led by Ayal Yogev, has raised $25 million in Series B2 funding. Anjuna’s Seaglass platform provides a confidential computing environment that secures data, creating a Zero Trust infrastructure for enterprises.
13. Bardeen, led by Pascal Weinberger, has raised $3 million in Seed funding. Bardeen’s AI agent platform automates repetitive tasks using a natural language interface, increasing productivity without technical expertise.
14. 375ai, led by Harry Dewhirst, has raised $5 million in Seed funding. 375ai develops a decentralized edge data network that processes data in real time at the source, enhancing decision-making and data privacy.
15. InventWood, led by Tyler Huggins, has raised $8 million in private equity funding. InventWood creates climate-resilient superwood building materials that are stronger and lighter than steel, offering sustainable construction solutions.
16. CarbonQuest, led by Shane Johnson, has raised an undisclosed amount in Series A funding. CarbonQuest makes modular carbon capture technology for buildings, repurposing captured CO2 to support sustainability and ESG goals.
To get more detail on each featured startup in this and our other weekly recaps, visit: https://www.bearhugrecruiting.com/career-intelligence/category/Startup+Funding