“We realized that Hugging Face and open source AI in general was at a turning point and that it needed more resources, more scale, more visibility. We went to see Jensen, and we told him, we want to make open source AI big. And he told us, let’s do it.” – Clément Delangue

Founded by Clément Delangue, Julien Chaumond, and Thomas Wolf in 2016, Hugging Face had raised a total of $395.2M in reported equity funding and is backed by investors that include Sequoia Capital, Bossa Invest, SV Angel, Salesforce Ventures, Lux Capital, Coatue, Qualcomm Ventures, Google, Betaworks, NVIDIA, Sound Ventures, Amazon, A.Capital Ventures, Addition, Premji Invest, Thibaud Elziere, Qualcomm, Olivier Pomel, Intel, Firestreak Ventures, IBM, Thirty Five Ventures, Terrence Rohan, Kevin Durant, AIX Ventures, Greg Brockman, Charles Zedlewski, Nicolas Steegmann, AMD, Florian Douetteau, Clement Benoit, Cygni Capital, Augusto Marietti, Rich Kleiman, Richard Socher, Dev Ittycheria, Paul St. John, Ronny Conway, Alex Wang, and Ludovic Huraux. The platform has grown to serve more than 18 million developers, researchers, and creators, hosting over 3 million models, 500,000 datasets, and 1 million applications. More than 200,000 companies use Hugging Face to discover, evaluate, customize, and deploy AI. As part of the acquisition, all three founders and the entire Hugging Face team will join NVIDIA, with Delangue confirming the platform will continue to operate as an independent, neutral entity within the combined organization.

NVIDIA CEO Jensen Huang announced the deal in a blog post on September 3, 2026, pledging that Hugging Face will remain multi-cloud and multi-accelerator with no requirement to use NVIDIA compute – a critical assurance for the platform’s 18 million developers. Huang was direct about the competitive stakes: with multiple bidders in the running, NVIDIA moved decisively to secure a platform it views as foundational to the future of open AI.

“Open models matters greatly to our company. When he was thinking about the next chapter of Hugging Face, it absolutely should be at Nvidia – and it’s worth every single penny.” – Jensen Huang

The $12.93B deal is the largest VC-backed tech acquisition in New York City history, more than tripling the previous record set by Jet.com’s $3.3 billion sale to Walmart in 2016. It arrives as competition over AI infrastructure 0 who controls the tooling, the models, and the deployment rails – intensifies across the industry. NVIDIA, already the dominant supplier of AI training hardware, now adds the world’s most widely used model-sharing and collaboration platform to its portfolio, with Delangue setting an ambitious target of reaching 200 million AI builders on Hugging Face in the years ahead.

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NYC startups raised at least $837.9M across 34 deals in August 2026, according to data from the AlleyWatch NYC Funding Index. August was the lightest deal month of 2026, with both capital and deal count pulling back from July’s already-moderated pace. The 54% month-over-month decline in capital follows the seasonal pattern that consistently softens NYC funding activity as investors and founders work around compressed summer calendars. Year over year, capital was down 30% and deals fell 44% from August 2025’s $1.19B across 61 rounds — though average deal size climbed 26% to $24.6M, a signal that the companies that did close in August were larger and better capitalized than their counterparts a year ago. The summer may thin the deal flow, but it does not diminish the quality of what gets done.

NYC Startup Funding: Last 12 Months (Sep 2025 — Aug 2026)

NYC Funding by Stage — August 2026

Top 10 NYC Funding Rounds — August 2026

August 2026: The Month in Detail

August delivered the lightest deal count of 2026, but the numbers require context. This was not August 2025 — that month saw 61 deals close at an average of $19.5M. August 2026 produced 34 deals at a $24.6M average, a 26% higher bar per transaction on 44% fewer transactions. Fewer deals at higher average sizes has become the defining feature of this funding cycle, and August reinforced it.

Cityblock Health’s $116M Series E was the month’s largest transaction, extending the Brooklyn-based healthcare provider’s mission to deliver value-based care to underserved communities. The company has now raised more than $1B in total equity, and the Series E — backed by General Catalyst — signals continued institutional conviction in a model built around preventive care for the patients traditional healthcare has consistently underserved.

Blank Street closed $75M in a Series C backed by Tiger Global, Left Lane Capital, General Atlantic, and General Catalyst, fueling the coffee chain’s continued expansion across urban markets. The depth of that institutional backing — four major growth-stage investors in a single consumer round during the slowest month of the year — is itself a signal: the Blank Street brand has moved beyond early adopter proof points into the kind of conviction that doesn’t wait for a better calendar window. RQD Clearing followed with $74M, backed by Bain Capital Tech Opportunities, ABN AMRO Clearing Bank, and Nyca Partners, for its cloud-native correspondent clearing platform — one of the more structurally important fintech infrastructure plays of the summer.

K Health ($58.9M) and Ultra ($57.1M) rounded out the top five, both closing without disclosed lead investors at time of publication. K Health’s AI-driven primary care platform has built one of the largest clinical datasets in digital health; Ultra’s warehouse robotics deployment model targeting e-commerce packaging has accumulated a roster of institutional backers including Y Combinator and NextView Ventures. The two rounds together point to where late-stage conviction is concentrating in New York: AI-native healthcare platforms and physical AI applied to high-volume logistics.

The Series B category produced three rounds totaling $100M. Flagler Health’s $50M raise — led by Bessemer Venture Partners and joined by SignalFire, Alumni Ventures, Streamlined Ventures, 186 Ventures, PROOF, Tribeca Venture Partners, and Offscript — was the standout, backing the company’s AI-native platform for musculoskeletal clinical and administrative workflow coordination. Ambrook ($30M, Thomson Reuters Ventures and Thrive Capital) and Easy Aerial ($20M, Insight Partners and Entree Capital) rounded out the category.

Series A produced five deals and $51.6M. Aligned Marketplace raised $20M backed by Venrock, connecting self-insured employers to independent specialty care providers. Status ($10.4M), Koxa ($8.7M), PineGap ($8M, Stellaris Venture Partners and Silicon Valley Quad), and Eulerity ($4.5M) made up the remainder.

The early-stage cohort led all categories in deal count with 15 transactions and $92.3M. June.ai’s $20M Pre-Seed — an unusually large early raise for a communication platform positioning as an email replacement, backed by A*, SV Angel, and Vesey Ventures — was the standout. Advocate Technologies ($18M Seed, MetaProp, Brewer Lane Ventures, and Vestigo Ventures) and Malachyte ($10M Seed, Bessemer Venture Partners) followed, with Riven Systems ($7.9M Pre-Seed) applying autonomous labs to mineral processing and Multiplier ($6M Seed, Lux Capital and Y Combinator) deploying AI agents for institutional investors. Claryx ($3.5M Pre-Seed) rounded out the early-stage group, building genomic outbreak detection infrastructure for hospitals, while WashWise ($1.2M Pre-Seed, FJ Labs and Singh Capital) closed its round to build out its garment care platform.

NYC vs. US — August 2026

NYC vs. US Funding by Stage — August 2026

NYC’s strongest relative position is in Early-Stage, where the city accounts for 10.2% of national capital on 11.1% of deals — roughly at parity with its overall ecosystem weight. Late-Stage tells a different story: NYC captured 19.3% of US late-stage deal count but only 6.1% of capital, a gap driven by the month’s national megadeals in defense technology, clean energy, and semiconductor infrastructure — categories concentrated outside New York. Series A was the weakest category by capital share at 1.4%, distorted by River AI’s $1.1B raise, which alone represented nearly a third of all US Series A capital in August.

Looking Ahead: NYC Startup Funding Q3 2026

With $19.09B raised through the first eight months of 2026, NYC has already surpassed the full-year 2025 total of $19.01B with four months remaining. August’s summer compression was entirely expected; what matters more is the trajectory it leaves heading into September. Historically, post-Labor Day deal activity rebounds sharply as investors return from summer and the pipelines built up through July and August move to close. The 2026 YTD capital figure and the 26% expansion in average deal size compared to a year ago both suggest the ecosystem’s underlying momentum is intact.

The August data reinforces two structural shifts that have defined 2026. First, the compression dynamic: deal count is declining while round sizes are growing, reflecting a market that is becoming more selective at every stage. Second, the pervasiveness of AI: at least 17 of the 34 rounds closed in August involved companies with AI at the product core, spanning healthcare diagnostics, warehouse robotics, agent infrastructure, cybersecurity, and financial services. That breadth, sustained through the slowest deal month of the year, suggests AI has moved from a differentiation strategy to a baseline expectation across the NYC ecosystem.

NYC’s 4.8% share of US venture capital in August was compressed by the national market’s concentration of megadeals in defense technology, clean energy, and AI infrastructure — categories where West Coast and Texas-based companies drew the largest checks. NYC’s 10.2% share of deal count, however, was more representative of the city’s structural weight in the ecosystem. As September opens, the city enters the final stretch of what is shaping up to be a landmark year.

Explore the full NYC funding dataset at funding.alleywatch.com.

Methodology — NYC Startup Funding Report: August 2026

Data sourced from the AlleyWatch NYC Funding Index (funding.alleywatch.com), updated daily. Funding amounts reflect disclosed round sizes at time of publication. Stage classifications follow AlleyWatch’s taxonomy: Early-Stage includes Pre-Seed, Seed, Angel, and Accelerator rounds; Late-Stage includes Series C and beyond. Only startups with primary operations in New York City are included. Undisclosed rounds are excluded from totals.

As fomo scales, we’re investing in technology that will support the next phase of the business. Mobula has built exceptional on-chain technology, and acquiring these assets gives us greater control over our infrastructure as we continue to expand the platform. – Paul Erlanger

Mobula was cofounded by Sacha Marcus and Sacha Delhoux and is backed by Cetacean Capital. The company built an on-chain data aggregation and infrastructure platform serving blockchain developers and enterprises, providing market data, wallet data, and metadata via REST, GraphQL, and SQL interfaces. As part of the acquisition, Sacha Marcus will join fomo’s engineering team alongside CTO Sacha Delhoux and Head of Infrastructure Cyril Conan. The acquired technology will be further developed with a focus on improving data reliability and performance across fomo’s platform.

Founded in 2025 by Erlanger, Prashan Dharmasena, and Seyong Park, fomo is backed by Index Ventures, Union Square Ventures, and Benchmark. The platform abstracts away wallets, gas fees, and chain routing to give everyday consumers a single account and balance for trading across blockchain ecosystems. Since the start of July, fomo’s user base has more than doubled to over 1.9 million, with 1.2 million active in August alone and the platform adding more than 30,000 new users each day. Trading volume tripled from $500M in June to $1.5B in July, and the company is on track to exceed $2.8B in August — implying a run rate of more than $200M in annualized revenue. The platform has also ranked as high as No. 3 in the Finance category on the iOS App Store.

The deal reflects a strategic shift for fomo as its scale demands tighter control over on-chain data and global infrastructure — systems the company previously sourced from a fragmented set of external providers. By bringing the Mobula technology in-house, fomo gains the technical foundation to support its expanding product surface, which now includes fomo Web (approximately 25% of total platform volume), fomo Perpetuals, and the recently launched Clans feature for organized community trading. “We built Mobula with the goal of making on-chain data and infrastructure faster, more reliable and easier to build on,” said Sacha Marcus, Founder of Mobula. “Joining fomo gives us the opportunity to take that technology further and build it directly into one of the fastest-growing consumer platforms in crypto. We’re excited to bring the team and technology together and see what we can build at this scale.”

We built Mobula with the goal of making on-chain data and infrastructure faster, more reliable and easier to build on. Joining fomo gives us the opportunity to take that technology further and build it directly into one of the fastest-growing consumer platforms in crypto. – Sacha Marcus

Cityblock Health – $116M

HealthTech AI Enterprise

Cityblock Health is a value-based healthcare provider that delivers integrated primary care, behavioral health, and social services to Medicaid and dual-eligible members. The company raised a $116M Series E led by General Catalyst. Alongside the fundraise, Cityblock announced a definitive agreement to acquire rural healthcare provider Homeward Health in an all-stock transaction, positioning the combined platform to serve the nation’s 120 million individuals enrolled in government-sponsored healthcare programs. Cityblock Health was founded by Toyin Ajayi, Iyah Romm, Mat Balez, and Bay Gross in 2017. The company has raised approximately $1B in total funding.

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Blank Street – $75M

Food and Beverage

Blank Street is a coffee and matcha chain that operates small-format cafes focused on quick service. The company has raised $75M in Series C funding. The round was led by General Atlantic with participation from General Catalyst, Left Lane Capital, and Tiger Global Management. Blank Street was founded by Vinay Menda and Issam Freiha in 2020. The company has raised $224.7M in total equity funding to date.

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Ultra – $57.1M

Robotics AI Enterprise

Ultra is a robotics company that manufactures and deploys AI-powered industrial robots for warehouse automation tasks such as order packaging, sorting, and kitting. The company raised funding according to a recent SEC filing. The filing indicates that the total offering is for $62.1M and there were fifty-three investors in this close. Ultra was founded by Jonathan Schwartz, Max Friefeld, Oliver Ortlieb, and Chetan Parthiban in 2024.

Queen One – $25M

AI Enterprise eCommerce

Brooklyn-based Queen One is the industry’s first fully AI-governed Commerce CRM, powered by 30+ competing AI models that create individualized streams for every consumer, replacing legacy martech stacks with a unified platform that connects identity recognition, product intelligence, creative intelligence, CRM, and advertising. The company raised $25M from Mercury Fund, Full In, Connecticut Innovations, CP Overture, Charge Ventures, Inspired Capital, and existing investors, bringing its total funding to more than $37.5M. Queen One was founded by Ryan Urban and Maricor Resente.

AlleyWatch broke the news on this round exclusively.

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CYBERA – $2.5M

Privacy and Security Finance

CYBERA is a cybersecurity platform that empowers financial institutions to fight scams and recover assets for victims. The company has raised $2.5M in funding according to a recent SEC filing. The filing indicates that the total offering is for $3.5M and there were two investors in this close. CYBERA was founded by Nicola Staub, Claudio Staub, and Sudip Biswas in 2020 and has raised $8.7M in total funding.

TownHome Health – $860K

HealthTech

TownHome Health is a mental health platform that provides tech-enabled urgent care for psychiatric crises as an alternative to emergency hospitalization. The company has raised $860K in funding according to a recent SEC filing. The filing indicates that the total offering is for $2M and there were seven investors in this close. TownHome Health was founded by Charles Raisch and Donna Demetri Friedman and has raised $3.1M in total funding.

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Arga Labs – $10.0M

San Francisco-based Arga Labs develops software testing and validation infrastructure for AI agents and applications. Founded by Akira Tong and Phillip Li in 2025, Arga Labs has now raised a total of $10.5M in total equity funding and is backed by BoxGroup, Emergence, General Catalyst, Gradient, Spot VC, and SV Angel.

Blank Street – $75.0M

Brooklyn-based Blank Street is a coffee chain that offers coffee as a daily ritual that more people can enjoy, in places convenient to their lives. Founded by Issam Freiha and Vinay Menda in 2020, Blank Street has now raised a total of $224.7M in total equity funding and is backed by General Atlantic, General Catalyst, Left Lane Capital, and Tiger Global Management.

Breedr – $27.0M

Austin-based Breedr is a cattle management platform that tracks individual animals from conception through processing. Founded by Ian Wheal in 2018, Breedr has now raised a total of $44.2M in total equity funding and is backed by Latitude, Outsiders Fund, and Partech.

Celera Semiconductor – $30.0M

Santa Clara-based Celera Semiconductor is an innovative startup leveraging AI and software automation to transform the analog semiconductor industry. Founded by Calum MacRae in 2018, Celera Semiconductor has now raised a total of $50M in total equity funding and is backed by Maverick Silicon.

CivilGrid – $26.0M

San Francisco-based CivilGrid provides a pre-construction data platform for engineering and construction teams. Founded by Brandon Cohen and Josh Mackanic in 2020, CivilGrid has now raised a total of $28.2M in total equity funding and is backed by A*, Afore Capital, Energy Impact Partners, Ford Street Ventures, SNR, and Spark Capital.

Cloverleaf AI – $8.0M

Denver-based Cloverleaf AI is a SaaS solution that provides vendors with early insights into RFPs through analysis of government meetings. Founded by Adam Zucker, Jeremy Becker, and Taylor McLemore in 2021, Cloverleaf AI has now raised a total of $10.9M in total equity funding and is backed by Ivy Ventures, Jackson Square Ventures, S3 Ventures, and Tawani Ventures.

Corvus Robotics – $20.0M

Mountain View-based Corvus Robotics builds autonomous inventory drones for real-time visibility in the world’s largest warehouses. Founded by Jackie Wu and Mohammed Kabir in 2017, Corvus Robotics has now raised a total of $38M in total equity funding and is backed by Catalyst Investors, Cibus Fund, f7 Ventures, S2G Investments, and Spero Ventures.

Digs – $25.3M

Vancouver-based Digs is an AI-powered construction software company that helps homebuilders manage projects, documents, and homeowner communication. Founded by Ryan Fink and Ty Frackiewicz in 2022, Digs has now raised a total of $44.3M in total equity funding and is backed by Builders FirstSource.

Emerald AI – $150.0M

Washington-based Emerald AI develops software that aligns AI data center workloads with real-time power grid conditions to manage energy use. Founded by Varun Sivaram in 2024, Emerald AI has now raised a total of $216.5M in total equity funding and is backed by ADVentures, Aramco Ventures, Aventurine Partners, Collective Global Management, DCVC, Earthshot Ventures, Emerson Collective, Energize Capital, Energy Impact Partners, General Catalyst, GE Vernova, IQT, Jeff Dean, JERA Ventures, John Doerr, John Kerry, Lowercarbon Capital, Marunouchi Innovation Partners, NVIDIA, Radical Ventures, RWE, Sabanci Climate Ventures, Salesforce Ventures, Samsung Ventures, Siemens, Temerty Group, The Olayan Group, and Tom Steyer’s.

Faro AI – $37.3M

La Jolla-based Faro Health develops software to assists clinical development processes, including workflow automation and clinical trial design. Founded by Ross A. Jaffe and Scott Chetham in 2019, Faro AI has now raised a total of $72.3M in total equity funding and is backed by Ankona Capital, General Catalyst, Merck Global Health Innovation Fund, Northpond Ventures, Polaris Partners, PTX Capital, S32, and Zetta Venture Partners.

Gatik – $200.0M

Santa Clara-based Gatik develops autonomous trucking technology and provides driverless middle-mile logistics services for businesses. Founded by Apeksha Kumavat, Arjun Narang, and Gautam Narang in 2017, Gatik has now raised a total of $504.7M in total equity funding and is backed by Alumni Ventures, ARK Investment Management, Intact Private Capital, Koch Disruptive Technologies, Millennium Management, and Qatar Investment Authority.

Generalist AI – $200.0M

San Mateo-based Generalist AI develops AI and robotics technologies focused on enabling robots to perform physical tasks in real-world environments. Founded by Andrew Barry, Andy Zeng, and Pete Florence in 2024, Generalist AI has now raised a total of $753M in total equity funding and is backed by 8VC, Bezos Expeditions, Fei-Fei Li, Hanabi Capital, NVIDIA, Radical Ventures, Spark Capital, and Union Square Ventures.

Hike Medical – $22.5M

San Francisco-based Hike Medical develops a healthcare technology platform that supports the workflow for medical devices and providers. Founded by Aadi Bhanti, Amit Bhanti, and Steven Chacko in 2022, Hike Medical has now raised a total of $27.5M in total equity funding and is backed by Fifth Down Capital, Indicator Ventures, Jerod Mayo, Orthofeet, RiverPark Ventures, Saga Ventures, and Sam Blond.

Hivemind Capital Partners – $17.0M

New York-based Hivemind Capital Partners is a blockchain-focused investment business. Founded by Matt Zhang in 2021, Hivemind Capital Partners has now raised a total of $27M in total equity funding and is backed by China Pacific Insurance, FalconX, M&G Investments, Sonic Boom Ventures, and ZA Bank.

Instinct – $250.0M

San Francisco-based Instinct is an artificial intelligence startup developing AI technology. Founded by Noah Shinn in 2025, Instinct has now raised a total of $325M in total equity funding and is backed by Benchmark and Index Ventures.

Keenable – $26.0M

San Francisco-based Keenable.ai is a independent web search infrastructure provider built specifically for AI labs and autonomous agents. Founded by Andrey Styskin and Matthias Petri in 2025, Keenable has now raised a total of $26M in total equity funding and is backed by Accel, Brightwing Capital, Conviction, and ScOp Venture Capital.

Levanta – $22.0M

Seattle-based Levanta is a creator affiliate and commerce platform that helps e-commerce brands manage partnerships across marketplaces. Founded by Ian Brodie, Rob Schab, and Spencer McKenney in 2022, Levanta has now raised a total of $43.4M in total equity funding and is backed by Volition Capital.

Light Links, Inc. – $6.0M

Berkeley-based Wireless Communication, Free Space Optics,. Founded by Firouz Vafadari, Tyler Morton, and Wayne Fenton in 2024, Light Links, Inc. has now raised a total of $6M in total equity funding and is backed by Anorak Ventures, Crosscourt Ventures, Mana Ventures, Outlander VC, Output Capital, and Santa Cruz Ventures.

Liner – $36.1M

San Francisco-based Liner develops AI agents and tools that support search, research, writing, and information analysis for professional and academic workflows. Founded by Chanmin Woo and Jinu Kim in 2015, Liner has now raised a total of $79.8M in total equity funding and is backed by Atinum Partners, CJ Investment, Daishin Securities, Helios Private Equity, InterVest, KB Securities, Korea Development Bank, LB Investment, and STIC Ventures.

Mara – $7.0M

San Francisco-based Mara develops autonomous counter-drone systems designed to detect, track, and defeat radio-silent FPV drones. Founded by Daniel Kofman and Sriram Raghu in 2024, Mara has now raised a total of $7.8M in total equity funding and is backed by a16z speedrun, Freedom Fund VC, Indicator Fund, Khosla Ventures, Night Capital, Palm Drive Capital, and Protagonist.

Metriport – $26.0M

San Francisco-based Metriport is a healthcare data infrastructure company that provides tools for accessing, integrating, and analyzing patient records. Founded by Colin Elsinga and Dima Goncharov in 2022, Metriport has now raised a total of $28.4M in total equity funding and is backed by Artis Ventures, Matrix, and Y Combinator.

Mundo AI – $20.0M

San Francisco-based Mundo AI develops data, evaluations, and applied research for frontier AI labs and companies. Founded by Garreth Lee, Jason Liao, Kenneth Wu, and Naijide Anwaer in 2024, Mundo AI has now raised a total of $24M in total equity funding and is backed by E12 Ventures, GreatPoint Ventures, NEXT Frontier Capital, and Y Combinator.

Onos Health – $17.0M

San Francisco-based Onos Health provides an AI platform that analyzes unstructured behavioral health documentation and converts it into clinical intelligence. Founded by Akshay Agarwal, Josh Levitan, and Suhaas Prasad in 2024, Onos Health has now raised a total of $23.3M in total equity funding and is backed by Costanoa Ventures, CVS Health Ventures, and Flare Capital Partners.

Owner – $240.0M

Palo Alto-based Owner is a technology company that provides tools for local restaurant owners to enhance sales and online presence. Founded by Adam Guild and Dean Bloembergen in 2018, Owner has now raised a total of $422.2M in total equity funding and is backed by Goldman Sachs Asset Management, Headline, Jack Altman, Meritech Capital Partners, and Redpoint.

Quintessent – $40.0M

Goleta-based Quintessent is a Santa Barbara start-up that commercializes quantum dot-based lasers and photonic integrated circuits. Founded by Alan Liu in 2019, Quintessent has now raised a total of $52.7M in total equity funding and is backed by Ciena, Cycle Capital, Foothill Ventures, Hina Liberty Capital, Industry Ventures, InterVest Co., M Ventures, OUP (Osage University Partners), Safar Partners, Sierra Ventures, and Susquehanna International Group.

Shape Memory Medical – $10.0M

Santa Clara-based Shape Memory Medical is a medical device company that develops innovative medical devices based on Shape Memory Polymer (SMP) materials. Founded by Duncan Maitland and Saurabh Biswas in 2009, Shape Memory Medical has now raised a total of $64M in total equity funding and is backed by August Global Partners, Earlybird Venture Capital, HBM Healthcare Investments, Heal Venture Lab, Taiwania Capital Management Corporation, and Wexford Capital.

SiFly – $20.0M

Santa Clara-based SiFly delivers advanced drones with helicopter-level capabilities, patented hardware, AI, and cloud connectivity. Founded by Brian L. Hinman in 2021, SiFly has now raised a total of $20M in total equity funding and is backed by Alumni Ventures, BBK Capital, Qudit Investments, and Shield Capital.

Socure – $156.0M

Incline Village-based Socure provides digital identity verification, fraud prevention, and regulatory compliance software through an AI-driven platform. Founded by Bradley S. Leinhardt, Johnny Ayers, and Sunil Madhu in 2012, Socure has now raised a total of $802.9M in total equity funding and is backed by Docusign, Goldman Sachs Alternatives, Summit Partners, and Wells Fargo.

Stability AI – $76.0M

Los Angeles-based Stability AI develops generative AI models and tools for creating and editing visual, audio, video, and three-dimensional content. Founded by Cyrus Hodes and Emad Mostaque in 2019, Stability AI has now raised a total of $257M in total equity funding and is backed by AMD Ventures, Coatue, Electronic Arts, Eric Schmidt, Greycroft, Kadmos Capital, MANTIS Venture Capital, Pacific Alliance Ventures, Sean Parker, Sony Music Entertainment, Sound Ventures, Universal Music Group, and Warner Music Group.

Standard Metrics – $21.3M

San Francisco-based Standard Metrics provides a portfolio management platform for venture capital and private equity firms and their portfolio companies. Founded by Deny Khoung, John Melas-Kyriazi, and Kevin Hsu in 2020, Standard Metrics has now raised a total of $51M in total equity funding and is backed by 8VC, Calm Ventures, First Trust Capital Partners, Gaingels, January Capital, Kindergarten Ventures, Salesforce Ventures, Socii Capital, and Spark Capital.

TerraBlaster – $12.5M

Redwood City-based TerraBlaster is a cutting-edge agricultural technology firm focused on transforming sustainable agriculture through enhanced automation. Founded by Jorge Heraud in 2024, TerraBlaster has now raised a total of $16.5M in total equity funding and is backed by Ag Startup Engine, Artesian VC, Bidra Innovation Ventures, Builders Vision, GrainInnovate, Khosla Ventures, Plug and Play, Reservoir, Sunna Ventures, Trailhead Capital, and Ulu Ventures.

Transfyr – $25.0M

Boston-based Transfyr builds AI tools that help transfer scientific research into real-world applications and innovation. Founded by Anna Marie Wagner in 2025, Transfyr has now raised a total of $25M in total equity funding and is backed by Breakout Ventures, Factory Capital, General Catalyst, Lux Capital, Lyda Hill Philanthropies, MVP Ventures, Neo, SV Angel, and Underscore VC.

Voya Energy – $35.0M

Hayward-based Voya Energy develops metal-fueled energy systems that generate electricity using recycled aluminum and compact power-generation equipment. Founded by Matt Horton, Richard Wang, and Steven Kaye in 2025, Voya Energy has now raised a total of $48M in total equity funding and is backed by Energy Impact Partners, Founders Fund, John Doerr, MANTIS Venture Capital, Overmatch Ventures, Seven Stars, and StepStone Group.

Yardstik – $30.0M

Minneapolis-based Yardstik provides workforce screening and risk management services for businesses and technology platforms. Founded by Jeff Hinck, Justin Kaufenberg, and Matt Meents in 2019, Yardstik has now raised a total of $54M in total equity funding and is backed by Crosslink Capital, Great North Ventures, Grotech Ventures, Harbert Growth Partners, MissionOG, and Rally Ventures.

CYBERA – $2.5M

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TownHome Health – $860K

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