The Bearhug Experience

The Bearhug Experience

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  • (Funding Recap #17) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 8/5/24

    Here’s this week’s startup funding recap:

    1. Leaf, led by G. Bailey Stockdale, has raised a $11.3 million Series A funding round. Leaf provides a unified farm data API and platform to streamline farm data processing for agriculture and food companies.

    2. Applied Carbon, led by Jason Aramburu, has raised a $21.5 million Series A funding round. Applied Carbon designs automated biochar production machines to convert agricultural waste into biochar, enhancing soil health and providing carbon removal.

    3. Matereal, led by Jacqueline Ros Amable, has raised a $4.5 million Seed funding round. Matereal develops a sustainable alternative to traditional polyurethane using AI to optimize renewable feedstocks and captured CO2.

    4. Graphyte, led by Barclay Rogers, has raised a $30 million Series A funding round. Graphyte’s Carbon Casting technology sequesters carbon-containing biomass waste underground, offering low-cost carbon removal to address climate change.

    5. Sybill, led by Gorish Aggarwal, has raised an $11 million Series A funding round. Sybill makes an AI assistant for sales teams to automate meeting notes, call summaries, and follow-ups, streamlining sales tasks.

    6. Ema, led by Surojit Chatterjee, has raised a $36 million addition to its Series A funding round. Ema develops an agentic AI system that improves organizational efficiency by performing complex tasks with AI agents.

    7. Tezi, led by Raghavendra Prabhu, has raised a $9 million Seed funding round. Tezi creates Max, an AI-powered autonomous recruiter, managing end-to-end recruitment processes like sourcing, scheduling, and screening.

    8. unspun, led by Walden Lam, has raised a $32 million Series B funding round. unspun's Vega™ platform uses 3D weaving technology to enable low-inventory, on-demand manufacturing for woven products.

    9. Haus, led by Zach Epstein, has raised a $20 million Additional Financing round. Haus provides decision science and marketing measurement solutions, improving advertising strategies with causal science and analytics.

    10. Trio Mobil, led by Nevzat Atakli, has raised a $26.5 million Growth Financing round. Trio Mobil offers AI and IoT solutions for workplace safety and efficiency, particularly in logistics and fleet management.

    11. Credo AI, led by Navrina Singh, has raised a $21 million Series B funding round. Credo AI offers an AI governance platform to manage AI risks, ensure compliance, and monitor global standards for AI usage.

    12. Onepak, led by Steve Andon, has raised a $20 million Private Equity funding round. Onepak’s ReturnCenter platform manages reverse logistics and recycling of IT devices for businesses and consumers.

    13. AeroShield, led by Dr. Elise Strobach, has raised a $5 million Seed add-on funding round. AeroShield makes transparent silica aerogels for windows and doors, improving energy performance by up to 65%.

    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

    22 min
  • (Funding Recap #16) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 7/29/24

    Here’s this week’s startup funding recap:

    1. Cowboy Clean Fuels, led by Ryan Waddington, has raised approximately $13 million in Series B funding. Cowboy Clean Fuels utilizes depleted coal bed methane wells to generate carbon-negative renewable natural gas using agricultural byproducts.

    2. Star Catcher, led by Andrew Rush, has raised a $12.25 million Seed funding round. Star Catcher aims to build a space-based energy grid, eliminating power constraints for satellites by developing space-based energy beaming services.

    3. Mytra, led by Chris Walti, has raised a $78 million Series B funding round. Mytra builds software-defined robotics for warehouses, automating common logistics tasks like material movement and storage.

    4. Micropep, led by Thomas Laurent, has raised a $29 million Series B funding round. Micropep develops natural micropeptide solutions to address agricultural challenges, focusing on biofungicide molecules and active ingredients.

    5. Sojo Industries, led by Barak Bar-Cohen, has raised a $10 million Series A funding round. Sojo Industries manufactures mobile automation and robotics solutions for food and beverage packaging.

    6. Code Metal, led by Peter Morales, has raised a $16.5 million Seed funding round. Code Metal focuses on AI-powered workflows for edge computing, accelerating hardware development with modular and verifiable solutions.

    7. TigerBeetle, led by Joran Dirk Greef, has raised a $24 million Series A funding round. TigerBeetle provides an open-source database for high-performance financial transaction processing.

    8. DocketAI, led by Arjun Pillai, has raised a $15 million Series A funding round. DocketAI offers AI-powered revenue enablement solutions, using generative AI to support sales teams with instant technical support and document generation.

    9. Lakera, led by David Haber, has raised a $20 million Series A funding round. Lakera offers real-time generative AI security, protecting AI applications without slowing them down.

    10. Splight, led by Thomas Vadora, has raised a $12 million Seed funding round. Splight develops AI-based grid operations technologies to enhance clean energy scalability and improve global power grid operations.

    11. SirenOpt, led by Jared O’Leary, has raised a $6.6 million Seed funding round. SirenOpt specializes in real-time materials characterization using cold atmospheric plasma, machine learning, and predictive analytics.

    12. Uplimit, led by Julia Stiglitz, has raised an $11 million Series A funding round. Uplimit provides AI-powered enterprise learning solutions, enabling companies to upskill employees and customers on advanced skills.

    13. Momentum, led by Santiago Suarez Ordoñez, has raised a $13 million Series A funding round. Momentum provides a customer intelligence platform, automatically capturing customer insights from communications like calls and emails.

    14. rift, led by Fil Twarowski, has raised a $5 million Seed funding round. rift automates sales operations, correcting errors during data import and eliminating repetitive work for sales reps.

    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

    10 min
  • (Funding Recap #15) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 7/22/24

    Here’s this week’s startup funding recap:

    1. Jacobi Robotics, led by Max Cao, has raised a $5 million Seed funding round. Jacobi Robotics is commercializing AI-powered motion planning technology to improve robot programming and performance.

    2. Alvys, led by Nick Darman, has raised a $20.5 million Series A funding round. Alvys provides a cloud-based logistics platform that enhances supply chain management efficiency.

    3. Halo Industries, led by Andrei Iancu, has raised an $80 million Series B funding round. Halo Industries develops laser manufacturing technology for the semiconductor industry, offering lower-cost, higher-quality alternatives to mechanical processes.

    4. Coast, led by Daniel Simon, has raised a $40 million Series B funding round. Coast offers a platform for managing fuel and fleet spending, with plans to expand into broader financial services for businesses.

    5. Adaptive, led by Matt Calvano, has raised a $19 million Series A funding round. Adaptive provides financial automation for construction, improving payments and financial clarity across the industry.

    6. Peak Energy, led by Landon Mossburg, has raised a $55 million Series A funding round. Peak Energy develops sodium-ion battery systems, focusing on large-scale energy storage solutions for the grid.

    7. Earthshot Labs, led by Troy Carter, has raised a $5.5 million Series A funding round. Earthshot Labs provides a carbon platform for nature restoration, using carbon financing for conservation projects.

    8. Marathon Fusion, led by Kyle Schiller, has raised a $5.9 million Seed funding round. Marathon Fusion develops fuel processing technology to improve the efficiency of fusion power plants.

    9. Heimdall Power, led by Jørgen Festervoll, has raised a $25 million Series B funding round. Heimdall Power uses smart software solutions to optimize power grids and increase capacity for utility companies.

    10. OnRamp, led by Paul Holder, has raised a $14.2 million Series A funding round. OnRamp automates customer onboarding for B2B companies, accelerating revenue growth and improving customer satisfaction.

    11. Thoughtful AI, led by Alex Zekoff, has raised a $20 million Series A funding round. Thoughtful AI provides revenue cycle automation for healthcare companies, offering AI solutions to streamline operations.

    12. Shaped, led by Tullie Murrell, has raised an $8 million Series A funding round. Shaped.ai offers AI-powered search and recommendation tools for marketplaces and e-commerce, improving user engagement.

    13. Exa, led by Will Bryk, has raised a $22 million Series A funding round. Exa is creating embedding models for smarter search, moving beyond traditional keyword-based approaches.

    14. Momento, led by Khawaja Shams, has raised a $15 million Series A funding round. Momento provides real-time data infrastructure for enterprises, supporting large-scale AI workloads.

    15. Vectara, led by Amr Awadallah, has raised a $25 million Series A funding round. Vectara offers a secure platform for embedding generative AI into applications.

    16. aiXplain, led by Hassan Sawaf, has raised a $6.5 million Pre-Series A funding round. aiXplain offers tools for businesses to develop, fine-tune, and benchmark AI models.

    17. EdgeRunner AI, led by Tyler Xuan Saltsman, has raised a $5.5 million Seed funding round. EdgeRunner AI develops ultra-efficient language models for edge computing, enhancing data privacy and security.

    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

    10 min
  • (Funding Recap #14) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 7/15/24

    Here’s this week’s startup funding recap:

    1. Niva, led by Abhinav Rai, has raised a $3.3 million Seed funding round. Niva provides a global business identity platform that helps businesses build trust, reduce onboarding times, and simplify compliance with AI-driven fraud detection.

    2. nodaFi, led by Jacob Pandl, has raised a $3.5 million Seed funding round. nodaFi offers a cloud-based facility operations platform that integrates preventive maintenance, work order management, and asset tracking to optimize operations across industries.

    3. Gymdesk, led by Eran Galperin, has raised a $32 million Private Equity funding round. Gymdesk provides management software for fitness businesses, simplifying memberships, billing, marketing, and attendance tracking for gyms and studios.

    4. ZwitterCo, led by Alex Rappaport, has raised a $58.4 million Series B funding round. ZwitterCo solves water problems using zwitterionic membranes, enhancing performance in industrial wastewater and driving sustainable water reuse.

    5. Scaler, led by Zlatan Menkovic, has raised a $10 million Series A funding round. Scaler provides machine learning-based ESG decision-making and reporting tools for real estate investors, helping to decarbonize the industry.

    6. Skild AI, led by Deepak Pathak, has raised a $300 million Series A funding round. Skild AI builds a scalable AI model for robotics that serves as a general-purpose brain for various tasks, enabling diverse robot applications in real-world scenarios.

    7. Standard Bots, led by Evan Beard, has raised a $63 million Series B funding round. Standard Bots creates AI-powered robotics solutions for businesses, allowing quick and easy robot deployment through programming by demonstration.

    8. Fireworks AI, led by Lin Qiao, has raised a $52 million Series B funding round. Fireworks AI provides an inference engine for quickly building production-ready AI systems, allowing developers to customize models with minimal data.

    9. Soda, led by Maarten Masschelein, has raised a $14 million Series B funding round. Soda is an AI-enabled data quality platform that helps companies manage, test, and debug data, ensuring high-quality data for decision-making.

    10. Kuva Systems, led by Stefan Bokaemper, has raised an $8.7 million Venture (B) funding round. Kuva Systems provides methane emissions monitoring for the oil and gas industry with camera-based systems that help operators detect and address emissions challenges.

    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

    11 min
  • (Funding Recap #13) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 7/8/24

    Here’s this week’s startup funding recap:

    1. Uncaged Innovations, led by Stephanie Downs, has raised a $5.6 million Seed funding round. Uncaged Innovations creates sustainable, animal-free leather from grains using its BioFuze technology, emitting less greenhouse gas and conserving water and energy.

    2. Phaidra, led by Jim Gao, has raised a $12 million funding round. Phaidra provides an AI-powered plant operator that helps facilities improve energy efficiency and sustainability using real-time, reinforcement learning-based controls.

    3. Pieces, led by Tsavo Knott, has raised a $13.5 million Series A funding round. Pieces offers a developer productivity tool that helps developers save and store code, and provides real-time assistance through its Pieces Copilot+ feature.

    4. Prodia, led by Shawn Wilkinson and Mikhail Avady, has raised a $15 million Seed funding round. Prodia provides a distributed GPU cloud for AI inference, reducing costs and accelerating generation speeds with a Rest API for easy integration.

    5. Vida, led by Lyle Pratt, has raised a $3 million Seed funding round. Vida provides AI voice solutions that automate business functions like customer service and scheduling, integrating smoothly with existing telecom networks.

    6. Tembo, led by Ry Walker, has raised a $14 million Series A funding round. Tembo offers managed services for organizations to leverage the Postgres database across any cloud for transactional, analytical, and AI workloads.

    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

    15 min
  • (Funding Recap #12) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 7/1/24

    Here’s this week’s startup funding recap:

    1. Kinetic, led by Nikhil Naikal, raised $21 million in Series B funding. Kinetic provides digital maintenance for modern vehicles, including EVs, using AI and robotics through its network of service centers.

    2. M2X Energy, led by Josh Browne, raised $40 million in Series B funding. M2X Energy develops systems to convert methane into low-carbon methanol, addressing methane emissions with sustainable solutions.

    3. Aether Fuels, led by Conor Madigan, has raised a $34 million Series A funding round. Aether Fuels uses the Fischer-Tropsch process to convert waste carbon into sustainable fuels for aviation and shipping.

    4. Foray Bioscience, led by Dr. Ashley Beckwith, has raised a $3 million Seed funding round. Foray Bioscience advances plant-based biomanufacturing to produce goods efficiently from plant cells, supporting ecosystem restoration.

    5. Inventive, led by Erik Kuld, has raised a $6.5 million Seed funding round. Inventive enhances SaaS products with embedded AI, offering an AI Analyst agent that helps users generate custom reports and analytics within software applications.

    6. EvolutionaryScale, led by Alexander Rives, has raised a $142 million Seed funding round. EvolutionaryScale develops AI models like ESM3 for generating novel proteins and other biological systems in life sciences.

    7. Etched, led by Gavin Uberti, has raised a $120 million Series A funding round. Etched develops AI hardware, including ASIC chips specialized for AI model inference, enabling faster processing for large-scale models.

    8. Travertine, led by Laura Lammers, has raised an $8.5 million funding round. Travertine creates carbon-negative technology that converts sulfate waste and CO2 into valuable industrial materials, addressing environmental challenges.

    9. Arrow, led by Roshan Patel, has raised a $110 million Series A funding round. Arrow enhances healthcare operations with real-time claims processing and predictive analytics, reducing inefficiencies in medical billing.

    10. Rainforest, led by Joshua Silver, has raised a $20 million Series A funding round. Rainforest helps software platforms build embedded financial services, offering custom risk models and fraud monitoring.

    11. Samsara Eco, led by Paul Riley, has raised a $65 million Series A+ funding round. Samsara Eco uses enzymatic recycling to tackle plastic waste, aiming to scale its global recycling efforts with new commercial facilities.

    12. Orby AI, led by Bella Liu, has raised a $30 million Series A funding round. Orby AI automates business workflows at scale using generative AI, streamlining processes like data entry and document validation.

    13. Hoodie Analytics, led by Wes Shepherd, has raised a $5 million Series A funding round. Hoodie Analytics provides market insights and product data management for the cannabis industry, helping brands track daily market movements.

    14. Feon Energy, led by Wenxiao Huang, has raised a $6.1 million Seed funding round. Feon Energy develops advanced electrolyte solutions for safer, higher-energy-density batteries, improving lithium-ion performance.

    15. Clearstory, led by Cameron Page, has raised a $16 million Series B funding round. Clearstory improves construction processes by providing tools for real-time data access and financial decision-making.

    16. KarmaCheck, led by Eric Ly, has raised a $45 million Series B funding round. KarmaCheck offers AI-powered background checks and compliance tools, integrating with applicant tracking systems for efficient hiring.

    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

    8 min
  • (Funding Recap #11) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 6/24/24

    Here’s this week’s startup funding recap:

    1. Hona, led by Manny Griffiths, has raised a $9.5 million Series A funding round. Hona specializes in client engagement software for law firms, automating updates, data collection, and communication processes.

    2. Hark, led by Fran Brzyski, has raised a $3.5 million seed funding round. Hark offers a Voice of Customer (VoC) platform that integrates video/audio feedback, AI-driven analysis, and customer support.

    3. GrayMatter Robotics, led by Ariyan Kabir, has raised a $45 million Series B funding round. GrayMatter Robotics delivers robotic solutions for tasks like sanding, polishing, and grinding.

    4. Aikido Technologies, led by Sam Kanner, has raised $4 million in seed financing. Aikido Technologies is a floating wind startup aiming to cut costs and speed up fabrication in the sector.

    5. Substrate, led by Rob Cheung, has raised an $8 million seed funding round. Substrate advances AI infrastructure with an API that helps engineers build multi-step AI programs.

    6. Maxterial, led by Mehdi Kargar, has raised nearly $8 million in Series A funding. Maxterial develops advanced coatings to protect against wear, heat, and corrosion while reducing carbon footprint.

    7. Pomerium, led by Bobby DeSimone, has raised $13.75 million in Series A funding. Pomerium provides an access control platform that continuously verifies identity and permissions to secure assets.

    8. Molten Industries, led by Kevin Bush, has raised $25 million in Series A funding. Molten Industries aims to build a reactor to produce graphite for batteries and clean hydrogen, supporting decarbonization.

    9. SewerAI, led by Matthew Rosenthal, has raised $15 million in Series B funding. SewerAI enhances sewer inspection with cloud and AI tools for better condition assessment.

    10. Finaloop, led by Lioran Pinchevski, has raised $35 million in Series A funding. Finaloop automates e-commerce accounting with real-time bookkeeping and financial reconciliation.

    11. Valuebase, led by Will Jarvis, has raised $6.3 million in Seed funding. Valuebase provides data-driven property valuations using machine learning and AI for local governments.

    12. Scoop Analytics, led by Brad Peters, has raised $3.5 million in Seed funding. Scoop Analytics helps operations teams manage data and create visual reports from diverse sources.

    13. Decagon, led by Jesse Zhang, has raised $35 million through Seed and Series A funding rounds. Decagon enhances customer support with AI-powered interactions and conversation analysis.

    14. Factory, led by Matan Grinberg, has raised $15 million in Series A funding. Factory automates software development with AI-powered tools, improving coding efficiency.

    15. Trustwise, led by Manoj Saxena, raised $4 million in seed financing. Trustwise focuses on optimizing generative AI performance and risk management with its API.

    16. Humata Health, led by Jeremy Friese, raised $25 million in funding. Humata Health uses AI to streamline the prior authorization process for healthcare providers and payers.

    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

    14 min
  • (Funding Recap #10) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 6/17/24

    Here’s this week’s startup funding recap:

    1. Viaduct, led by David Hallac, has raised a $10 million Series B funding round. Viaduct provides AI-driven solutions for connected vehicles to predict, identify, and solve product failures.

    2. Anterior, led by Abdel Mahmoud, has raised a $20 million Series A funding round. Anterior's AI platform helps healthcare professionals manage administrative tasks via its clinical co-pilot, Florence, which provides a guided approach to clinical reasoning, applied first to prior authorization.

    3. Jump, led by Parker Ence, has raised a $4.6 million Seed funding round. Jump offers AI software for financial advisors, automating tasks like notetaking, meeting preparation, and CRM integration.

    4. Ship Angel, led by Graham Parker, has raised a $5 million Seed funding round. Ship Angel is a SaaS solutions provider for the BCO shipper community, offering an AI-native platform for international shippers.

    5. FirmPilot, led by Jake Soffer, has raised a $7 million Series A funding round. FirmPilot's AI marketing engine helps law firms and SMBs boost online visibility and client interest.

    6. OnStation, led by Patrick Russo, has raised an $8.5 million Series A funding round. OnStation provides digital stationing solutions to improve communication and productivity in the heavy highway industry.

    7. Whoosh, led by Colin Read, has raised a $10.3 million Series A funding round. Whoosh offers reservation and operations software for managing courses and clubhouses.

    8. Aidentified, led by Tom Aley, has raised a $12.5 million Series B funding round. Aidentified provides AI-powered prospecting and relationship tools for financial professionals.

    9. Canary Speech, led by Henry O’Connell, has raised a $13 million Series A funding round. Canary Speech uses voice biomarker analysis to detect mental and neurological disorders.

    10. ElectronX, led by Sam Tegel, has raised a $15 million Seed funding round. ElectronX is a new energy exchange platform aiming to accelerate U.S.

    11. CargoSense, led by Richard Kilmer, has raised an $8 million Series A funding round. CargoSense offers a platform for automating supply chain operations and optimizing visibility data.

    12. Swift Solar, led by Joel Jean, has raised a $27 million Series A funding round. Swift Solar develops advanced perovskite photovoltaics for solar energy.

    13. Learn to Win, led by Andrew Powell, has raised a $30 million Series A funding round. Learn to Win offers an AI-driven platform to optimize learning effectiveness through data analytics.

    14. Aepnus Technology, led by Lukas Hackl, has raised an $8 million Seed funding round. Aepnus Technology provides electrochemical solutions to reduce emissions and improve circularity in battery supply chains.

    15. GPTZero, led by Edward Tian, has raised a $10 million Series A funding round. GPTZero offers a platform for detecting AI-generated content and promoting responsible AI use.

    16. FUZE Technology, led by Brandon Afari, has raised an $11.5 million Series A funding round. FUZE Technology provides mobile charging and IoT-based ad delivery solutions.

    17. UNIGRID Battery, led by Darren Tan, has raised a $12 million Series A funding round. UNIGRID Battery is developing advanced sodium-ion batteries and zero-emission recycling processes.

    18. Findigs, co-founded by Steve Carroll, has raised a $27 million Series B funding round. Findigs simplifies rental screening and leasing decisions through its property tech platform.

    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

    7 min
  • (Funding Recap #9) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 6/10/24

    Here’s this week’s startup funding recap:

    1. Caju AI, led by Otavio Freire, has raised a $3 million Seed funding round. Caju AI provides a platform, renowned for its Generative AI capabilities, that captures and analyzes customer communications across all messaging channels as well as customer engagement data to deliver advanced analytics for conversation intelligence, call summaries, regional activity monitoring, key trend analysis, and actionable business intelligence, all designed to accelerate field engagement and enhance customer satisfaction across the enterprise.

    2. WindBorne, led by John Dean, has raised a $15 million Series A funding round. WindBorne designs, manufactures, and operates the constellation of smart, long-duration sensing balloons and empowers AI global weather forecasts.

    3. Xcimer Energy, led by Conner Galloway, has raised a $100 million Series A funding round. Xcimer is an inertial fusion company that combines novel laser technology with science to accelerate the commercial deployment of fusion energy.

    4. SiTration, led by Dr. Brendan Smith, has raised a $11.8 million Seed funding round. SiTration is a spin-out of MIT that has created a patented porous silicon membrane technology that provides a combination of ultra-durability, highly tunable pore structure, and electrical conductivity enabling efficient and low-cost materials recovery. Its technology can replace traditional resource-intensive mining processes and can be deployed to recover materials from traditionally inaccessible sources, including waste.

    5. Rising Team, led by Jennifer Dulski, has raised a $8 million Series A funding round. Rising Team provides a team performance platform whose software enables companies to increase employee engagement and retention, scale talent development, and improve culture and connection.

    6. Whizz, led by Mike Peregudov, has raised a $20 million Series A funding round. Whizz is an e-bike subscription service for delivery drivers in the US.

    7. OneScreen, led by Alex Ewing, has raised a $4.7 million Seed funding round. OneScreen.ai acts as a software-enabled intermediary, connecting startups with OOH advertising opportunities (e.g., billboards, subway ads).

    8. HyperSpectral, led by Matt Theurer, has raised a $8.5 million Series A funding round. HyperSpectral combines spectroscopy, AI, and machine learning to detect and recognize particle signatures, aiming to provide agricultural and medical technology companies with real-time intelligence on product safety and protect people from invisible threats.

    9. Understory, led by Alex Kubicek and Neil Irwin, has raised a $15 million Series A funding round. Understory provides an insurance platform protecting climate-vulnerable industries from severe weather risk, using a global network of weather stations and sophisticated risk models.

    10. Sixfold, led by Alex Schmelkin, has raised a $15 million Series A funding round. Sixfold empowers underwriters with a generative AI solution for end-to-end risk analysis, streamlining the underwriting process and enabling underwriters to focus on decision-making.

    11. Tobiko, led by Tyson Mao, has raised $21.8 million in funding. Tobiko is the creator of open-source projects SQLMesh and SQLGlot, which streamline data wrangling and enhance warehouse efficiency by automating data pipeline construction.

    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

    20 min
  • (Funding Recap #8) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 6/3/24

    Here’s this week’s startup funding recap:

    1. TraceAir, led by Dmitry Korolev and Maria Khokhlova, has raised a $25 million Series B funding round. TraceAir is a provider of construction site analysis and management solutions for land development and homebuilding.

    2. Sagetap, led by Sahil Khanna, has raised a $6.8 million Seed funding round. Sagetap provides a B2B SaaS buying network that uses AI to match tech executives working on AI infrastructure, cybersecurity, DevOps, cloud and data infrastructure, with the optimal software vendors.

    3. Rain AI, led by William Passo, has raised a $8.1 million Series A Extension funding round. Rain AI creates energy-efficient AI hardware using in-memory compute technology, enabling advanced AI models to run locally on various devices.

    4. Kintsugi AI, led by Pujun Bhatnagar, has raised a $6 million Series A funding round. Kintsugi AI aims to automate sales tax compliance with its comprehensive platform, covering real time nexus monitoring, AI-enabled product categorization, rooftop-level tax calculation and validation, sales tax registration, filing, exemption certificates handling, and back-tax compliance.

    5. Maven AGI, led by Jonathan Corbin, has raised a $20 million Series A funding round. Maven AGI is an AI startup enabling enterprises to incorporate Generative AI into their customer support, without losing the human element.

    6. Plenful, led by Joy Liu, has raised a $17 million Series A funding round. Plenful is a healthcare technology startup dedicated to transforming pharmacy and healthcare operations through advanced workflow automation and AI.

    7. Wavelogix, led by Luna Lu, has raised a $3 million Series A funding round. Wavelogix is a Purdue University Spinout that has developed a proprietary IoT sensing and data analytics platform, the REBEL concrete strength sensors, for infrastructure quality testing.

    8. Claros Technologies, led by Michelle Bellanca, has raised a $22 million Series B funding round. Claros Technologies is harnessing green chemistry and advanced material science to solve the global human health PFAS pollution crises.

    9. SmartPM, led by Michael Pink, has raised a $5.5 million Series A funding round. SmartPM is a provider of schedule controls software, specializing in data-driven tools and analytics for the commercial construction industry.

    10. Reibus, led by Jared Rowe, has raised a $30 million Debt Financing round. Reibus provides an independent technology platform for the procurement and sale of industrial materials in North America.

    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

    16 min

About The Bearhug Experience

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Welcome to The Bearhug Experience, where we cozy up to the fire in our digital den and immerse ourselves in the inspiration born from exploring the hidden narratives and inevitable plot twists that…