(Funding Recap #31) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 11/11/24
Description
Here’s this week’s startup funding recap:
1. Advex, led by Pedro Pachuca, has raised a $3.5 million Seed funding round. Advex provides AI Vision solutions for industrial manufacturing, specializing in self-healing AI Vision models that leverage diffusion-based synthetic data.
2. Transaera, led by Sorin Grama, has raised a $10.5 million Seed funding round. Transaera provides an energy-efficient platform for cooling and dehumidification, utilizing solid desiccants to absorb moisture and repurpose waste heat for humidity removal.
3. Physical Intelligence, led by Karol Hausman, has raised a $400 million Venture funding round at a $2 billion valuation. Physical Intelligence develops AI-driven brains for robots, aiming to create a single, generalist software that can control a wide range of robot models.
4. Endeavor, led by Sahitya Senapathy, has raised a $7 million Seed funding round. Endeavor provides an enterprise AI platform designed for manufacturing companies to optimize and automate operations across sales, production, and supply chain processes.
5. Ulysses, led by Akhil Voorakkara, has raised a $2 million Pre-Seed funding round. Ulysses Ecosystem Engineering develops autonomous robots for marine restoration, with a primary focus on seagrass restoration.
6. Algorized, led by Natalya Lopareva, has raised a $4.3 million Seed funding round. Algorized provides an AI-powered platform for advanced people-sensing and positioning software, enabling real-time data access and vital sign detection through a software-only upgrade to existing sensors.
7. IOTA, led by Ivan Datskov, has raised a $10.4 million Series A2 funding round. IOTA Software develops a cloud-native visualization platform that integrates critical business and process data to deliver real-time situational awareness.
8. Boston Materials, led by Anvesh Gurijala, has raised a $13.5 million Venture funding round. Boston Materials produces advanced materials using its patented Z-axis Fiber™ technology, which combines the durability of metals with the lightweight properties of plastics.
9. Sapien, led by Ron Nachum, has raised an $8.7 million Seed funding round. Sapien develops autonomous coworkers for financial analysis, transforming error-prone, time-intensive processes into rapid, precise insights.
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























