Eight Boston Startups that Raised Last Week
Over $256M Raised
No big updates — way too nice out to write 😎
Enjoy the week ahead.
Stuff I’m Reading:
Register for Underscore VC’s Boston Reconnect Happening This Week
Ginkgo Bioworks raises $2.5B in record SPAC deal at $15B valuation
Another major ransomware attack on health service in Ireland
Boston Tech Financings:
Inari🌾
Following a $208M Series D , seed foundry startup Inari is now a $1.2B company. The financing came from founding firm Flagship Pioneering, G Squared Capital, and Pavilion Capital. The five-year-old company helps farms develop personalized and genetically diverse seeds. Right now they specialize in genetically enhanced corn and soybeans, but are planning on expanding to other crops such as wheat in the near future. Back in April, they secured $45M from K2 HealthVentures.
Apptopia 📱
Mobile app market intelligence company Apptopia just secured $20M in Series C funding led by ABS Capital Partners. They provide data on app downloads, revenue, and usage data similar to providers AppAnnie and SensorTower. The company has reportedly been profitable since the beginning of 2020 and plans to use the funding to expand outside of mobile app tracking.
Via ⚡
Via, a five-year-old startup that is helping multiple energy companies combine data for AI training purposes, just closed a $10M Series A led by Westly Group. They’ve developed a blockchain application that makes it easy for energy companies to prepare and share data with others in a way that is private and in compliance with various regulations.
Elucid 💓
Elucid, which is working on AI software for cardiovascular disease detection, just secured $8M led by MedTrex Ventures and Global Health Impact Fund. They transform routinely available CTAs (basically cardiovascular x-rays) into 3D visualizations of cardiovascular tissue that can help identify which patients would benefit most from intensive therapeutics or immediate intervention.
Aryeo 🏡
Two-year-old PropTech startup Aryeo just raised a $3.7M seed round led by Hyperplane VC and Amplo, with participation from Contrary Capital. Their platform helps real estate professionals manage listing content in one centralized location. Users upload footage of a property, and Aryeo can automatically generate promotional materials about the listing for use on various real estate and social media platforms.
Hoo.bee 🖥️
A few weeks ago I wrote about the intensely competitive battle being fought out by startups that hope to be the centralized landing page for creator content. I hadn’t heard of Hoo.bee, a local player founder by Jordan Greenfield. A new filing shows that they’ve raised $5.5M, after raising from Trajectory Capital back in 2017. They also received investment from Ideanomics back in April.
Advanced Silicon Group 🔋
Lowell-based Advanced Silicon Group just raised $1M led by Cherrystone Angel Group, with participation by MIT Alumni Angels of Northern California, and Sidecar Angels. They make various silicon nanowire arrays for use in biosensors, solar, and batteries.
Hindsight Advice 🎓
According to a Form D, peer mentorship company Hindsight Advice raised $528k. The company has an app that matches college students with high schoolers for mentorship opportunities. It’s founded by Mukund Kumar. I previously wrote about them in January when they raised $300K.