(Funding Recap #34) Bearhug Recruiting's Early & Growth Stage Tech Startup Funding Recap! 12/2/24
Description
Here’s this week’s startup funding recap ($135.2 million raised across 7 featured companies):
1. Teleo, led by Vinay Shet, has raised $16.2 million in a Series A funding round. Teleo develops autonomous technology for heavy equipment, turning traditional machinery such as dump trucks, wheel loaders, and excavators into supervised autonomous machines.
2. Wherobots, led by Mo Sarwat, has raised $21.5 million in a Series A funding round. Wherobots provides a spatial intelligence cloud platform that offers planetary-scale geospatial ETL, analytics, and computer vision solutions using a modern data lakehouse architecture.
3. Constrafor, led by Anwar Ghauche, has raised $14 million in a Series A funding round and secured a $250 million credit facility. Constrafor provides a vertically integrated supply chain finance and risk management platform for the construction industry.
4. /dev/agents, led by David Singleton, has raised $56 million in seed funding at a $500 million valuation. Founded by former executives from Google, Stripe, and Meta, /dev/agents is developing an operating system for AI agents.
5. Cofactor AI, led by Adi Tantravahi, has raised $4 million in a Seed funding round. Cofactor AI provides an AI-powered platform for hospitals, leveraging its proprietary Cofactor Denial Suite to streamline claim appeal processes.
6. PlayAI, led by Mahmoud Felfel, has raised $21 million in a Seed funding round. PlayAI provides a generative AI-powered voice platform that allows developers and businesses to create and deploy natural-sounding voice applications.
7. Circleback, led by Ali Haghani, has raised $2.5 million in a Seed funding round. Circleback provides an AI-powered app designed for meeting notes and automations.
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
United States
