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 1/17/25 featuring funding details for Parambil, Etched.ai, Titl, and twenty-six other deals representing $3.8B in new funding that you need to know about.
ClickHouse – $400.0M
Palo Alto-based ClickHouse provides an open-source database system for real-time analytical reporting. Founded by Aaron Katz, Alexey Milovidov, and Yury Izrailevsky in 2021, ClickHouse has now raised a total of $1.1B in total equity funding and is backed by Bessemer Venture Partners, Dragoneer Investment Group, GIC, Index Ventures, Khosla Ventures, Lightspeed Venture Partners, T. Rowe Price, and WCM Investment Management.
Converge Bio – $25.0M
Wilmington-based Converge Bio integrates Generative AI with biological data. Founded by Dov Gertz and Oded Kalev in 2024, Converge Bio has now raised a total of $30.5M in total equity funding and is backed by Bessemer Venture Partners, Saras Capital, TLV Partners, and Vintage Investment Partners.
Deepgram – $143.2M
San Francisco-based Deepgram provides a voice artificial intelligence platform for speech-to-text, text-to-speech, and voice applications. Founded by Adam Sypniewski, Noah Shutty, and Scott Stephenson in 2015, Deepgram has now raised a total of $229.1M in total equity funding and is backed by Alkeon Capital, Alumni Ventures, AVP, BlackRock, Citi Ventures, Columbia University, IQT, Madrona, Princeville Capital, SAP, ServiceNow Ventures, Stanford University, Tiger Global Management, Twilio, University of Michigan, Wing Venture Capital, and Y Combinator.
Defense Unicorns – $136.0M
Colorado Springs-based Defense Unicorns is a software startup that provides open-source software and AI capabilities for national security systems. Founded by Andrew Greene, Jeff McCoy, and Robert Slaughter in 2021, Defense Unicorns has now raised a total of $171.5M in total equity funding and is backed by Ansa Capital, AVP, Bain Capital Tech Opportunities, David Petraeus, Sapphire Ventures, Uncorrelated Ventures, and Valor Equity Partners.
equal1 – $60.0M
San Carlos-based equal1 is a hardware development laboratories company. Founded by Dirk Leipold and R. Bogdan Staszewski in 2017, equal1 has now raised a total of $73.2M in total equity funding and is backed by Atlantic Bridge, Elkstone Capital Partners, Enterprise Ireland, European Innovation Council, Ireland Strategic Investment Fund, Matterwave Ventures, and TNO Ventures.
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Etched.ai – $500.0M
Cupertino-based Etched.ai is an AI chip startup that develops Sohu, a chip designed specifically for running transformer models. Founded by Chris Zhu, Gavin Uberti, and Robert Wachen in 2022, Etched.ai has now raised a total of $625.4M in total equity funding and is backed by Palantir Technologies, Peter Thiel, Positive Sum, Ribbit Capital, and Stripes.
Fleetzero – $43.0M
Auburn-based Fleetzero is building battery electric cargo ships to affordably decarbonize ocean freight. Founded by Michael Carter and Steven Henderson in 2021, Fleetzero has now raised a total of $58.5M in total equity funding and is backed by 8090 Industries, Breakthrough Energy Ventures, Maersk Growth, Obvious Ventures, and Y Combinator.
Flip CX – $20.0M
New York-based Flip CX offers Voice AI that automates customer support calls, providing an efficient alternative to traditional IVR systems. Founded by Brian Schiff, Jacob Cooper, and Samuel Krut in 2018, Flip CX has now raised a total of $28.9M in total equity funding and is backed by Bullpen Capital, Data Point Capital, Forum Ventures, Next Coast Ventures, Ridge Ventures, and ScOp Venture Capital.
GovDash – $30.0M
San Francisco-based GovDash is a technology company that provides a data platform to track, visualize, and benchmark government and public policy metrics. Founded by Curtis Mason, Sean Doherty, and Timothy Goltser in 2021, GovDash has now raised a total of $40.0M in total equity funding and is backed by BCI, Mucker Capital, Northzone, and Y Combinator.
Hydrosat – $60.0M
Washington-based Hydrosat leverages thermal satellite intelligence and AI to address critical global challenges in food, security, and natural resources Founded by Jakob Van Zyl, Pieter Fossel, Royce Dalby, and Yunjin Kim in 2017, Hydrosat has now raised a total of $85.5M in total equity funding and is backed by Blue Bear Capital, Cultivation Capital, European Investment Fund, Hartree Partners, OTB Ventures, Santa Barbara Venture Partners, Statkraft Ventures, Subutai Capital Partners, Synovia Capital, The Luxembourg Future Fund, and Truffle Capital.
JetZero – $175.0M
Long Beach-based JetZero is an aerospace startup developing all-wing aircraft to cut fuel use and emissions for commercial flights. Founded by Mark Page and Tom O’Leary in 2020, JetZero has now raised a total of $201.4M in total equity funding and is backed by 3M New Ventures, B Capital, Northrop Grumman, RTX Ventures, Trucks Venture Capital, and United Airlines Ventures.
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Listen Labs – $69.0M
San Francisco-based Listen Labs is an AI-first customer research platform that automates customer interviews and delivers actionable insights. Founded by Alfred Wahlforss and Florian Juengermann in 2023, Listen Labs has now raised a total of $96.0M in total equity funding and is backed by Conviction, Evantic Capital, Pear VC, Ribbit Capital, and Sequoia Capital.
MagicCube – $10.0M
Santa Clara-based MagicCube is a security platform for mobile and IoT devices, delivering hardware-grade protection without the complexity and constraints. Founded by Nancy Zayed and Sam Shawki in 2014, MagicCube has now raised a total of $37.2M in total equity funding and is backed by Bold Capital Partners, ID TECH, Mosaik Partners, and Verifone.
MedWatch Technologies – $15.0M
Las Vegas-based MedWatch Technologies is a medical device and SaaS company that specializes in health monitoring and management technology solutions. Founded by Bruce Matichuk and Mike Moore in 2022, MedWatch Technologies has now raised a total of $15.0M in total equity funding and is backed by Stead Impact Ventures.
Monnai – $12.0M
San Francisco-based Monnai is the global consumer insight infrastructure for fintech. Founded by Pierre Demarche and Ravish Patel in 2021, Monnai has now raised a total of $22.7M in total equity funding and is backed by 500 Global, Commerce Ventures, and Motive Partners.
Mytra – $120.0M
South San Francisco-based Mytra is a robotics company developing software-defined warehouse robotics solutions to automate industrial tasks in logistics. Founded by Ahmad Baitalmal and Chris Walti in 2022, Mytra has now raised a total of $198.0M in total equity funding and is backed by Abstract, Avenir, D. E. Shaw & Co., Eclipse Ventures, Greenoaks, Kivu Ventures, Lineage Logistics, Liquid 2 Ventures, Offline Ventures, Promus Ventures, and RyderVentures.
NANOCHON – $4.1M
Washington-based Nanochon develops medical implant technology focused on cartilage repair for patients with joint surface damage. Founded by Benjamin Holmes and Nathan Castro in 2016, NANOCHON has now raised a total of $14.1M in total equity funding and is backed by cultivate(MD), University of Virginia Seed Fund, Wealthing VC Fund, and Wilson Sonsini Goodrich & Rosati.
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Onebrief – $200.0M
Honolulu-based Onebrief is an AI-powered platform that supports operational planning, collaboration, and decision workflows for military and command teams. Founded by Grant Demaree and Rafa Pereira in 2019, Onebrief has now raised a total of $311.0M in total equity funding and is backed by Battery Ventures, General Catalyst, Insight Partners, Salesforce Ventures, and Sapphire Ventures.
Parambil – $6.0M
Nyack-based Parambil is an AI-powered legal technology company that specializes in medical record review and litigation support. Founded by Liam Gordon, Sal Ienna, and Sara Dwyer in 2023, Parambil has now raised a total of $8.0M in total equity funding and is backed by Bling Capital, Jeffrey L. Horstmyer MD, FAAN, nvp capital, Scott Stevenson, and Todd Suzanski.
Proxima – $80.0M
New York-based Proxima Bio develops programmable medicines that modulate protein interactions to address disease processes. Founded by Jason Brouwer, Luca Naef, and Zachary Carpenter in 2019, Proxima has now raised a total of $80.0M in total equity funding and is backed by AIX Ventures, Alexandria Venture Investments, Braidwell, DCVC, Magnetic Ventures, Modi Ventures, NVentures, Roivant Sciences, and Yosemite.
Quadric – $30.0M
Burlingame-based Quadric develops semiconductor intellectual property and tools for on-device artificial intelligence computing. Founded by Daniel Firu, Nigel Drego, and Veerbhan Kheterpal in 2016, Quadric has now raised a total of $73.8M in total equity funding and is backed by BEENEXT, Gentree Fund, Pear VC, Pivotal Life Sciences, Silicon Catalyst Ventures, Uncork Capital, Volta Ventures, and Wanxiang America.
RouteSense – $2.0M
Salt Lake City-based RouteSense provides real-time MID health monitoring and intelligent transaction routing for merchants, PSPs, ISOs and acquirers. Founded by Colin Martin, Robert Matthews, and Stephen Martin in 2025, RouteSense has now raised a total of $2.0M in total equity funding and is backed by Allen Angel Capital Education Program (AACE), Cultivation Capital, FOVC, Redbud VC, and Service Provider Capital.
Skild AI – $1.4B
Pittsburgh-based Skild AI develops artificial intelligence systems that enable robots to act in physical environments. Founded by Abhinav Gupta and Deepak Pathak in 2023, Skild AI has now raised a total of $1.8B in total equity funding and is backed by 1789 Capital, Alpha Square Group, Andra Capital, Bezos Expeditions, Coatue, CommonSpirit Health, DESTINY INVESTMENTS, Disruptive, Felicis, Korea Investment Corp, LG Group, Lightspeed Venture Partners, Macquarie Capital, Mirae Asset, NVentures, Palo Alto Capital, Salesforce Ventures, Samsung Electronics, Schneider Electric, Sequoia Capital, SoftBank Group, and TF Capital.
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Titl – $2.5M
Miami-based Titl delivers autonomous, near-instant title production, verification, and on-chain title plant access‚powered by AI, secured by Web3. Founded by Ori Ohayon and Tory Ricalis in 2022, Titl has now raised a total of $2.7M in total equity funding and is backed by Cofounders Capital and Fit Ventures.
Tulip Interfaces – $120.0M
Somerville-based Tulip is a frontline operations platform designed to empower companies with AI-enabled, connected applications. Founded by Natan Linder and Rony Kubat in 2014, Tulip Interfaces has now raised a total of $272.5M in total equity funding and is backed by Mitsubishi Electric.
VieCure – $43.0M
Denver-based VieCure built an engine to turn data into knowledge and take the world’s best thinking to clinicians and patients in real time. Founded by Fred Ashbury and Gerry Hogue in 2015, VieCure has now raised a total of $113.0M in total equity funding and is backed by Durable Capital Partners, Mitch Rales, Northpond Ventures, Sator Grove Holdings, and Socium Ventures.
Wasabi Technologies – $70.0M
Boston-based Wasabi Technologies provides secure cloud storage and data management solutions. Founded by David Friend and Jeff Flowers in 2015, Wasabi Technologies has now raised a total of $466.6M in total equity funding and is backed by Fidelity, L2 Point, and Pure Storage.
WeatherPromise – $12.8M
Morristown-based WeatherPromise guarantees great weather through embedded protection delivered during the purchase of travel or other outdoor activities. Founded by Daniel C. Price and David Klemm in 2022, WeatherPromise has now raised a total of $12.8M in total equity funding and is backed by 1Flourish Capital, 1Sharpe Ventures, Clocktower Technology Ventures, Commerce Ventures, Lerer Hippeau, Mark Okerstrom, Maveron, Start Ventures, and Transverse Insurance Group.
WitnessAI – $58.0M
Mountain View-based WitnessAI is building the guardrails that make AI safe, productive, and usable. Founded by Gil Spencer and Rick Caccia in 2023, WitnessAI has now raised a total of $85.5M in total equity funding and is backed by Artisanal Ventures, Ballistic Ventures, Fin Capital, Forgepoint Capital, Google Ventures, Qualcomm Ventures, Samsung Ventures, Silver Buckshot Ventures, and Sound Ventures.
Connect with NYC’s Most Influential Tech Leaders & Decision-Makers
The AlleyWatch network reaches the exact audience you need to connect with – NYC’s most innovative startups, tech companies, and business leaders who are reshaping industries globally. Our engaged audience includes:
C-suite executives and key decision-makers
Founders and entrepreneurs
Venture capitalists and investors
Technology and innovation leaders
Maximize your impact through our proven solutions:• Premium brand placement• Targeted lead generation• Thought leadership opportunities• Custom content partnerships
Ready to amplify your reach in NYC Tech?Explore advertising opportunities now →
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