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The Weekly Notable Startup Funding Report: 9/1/25 – AlleyWatch

by FeeOnlyNews.com
7 months ago
in Startups
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The Weekly Notable Startup Funding Report: 9/1/25 – AlleyWatch
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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 8/30/25 featuring funding details for Atomic, Eyebot, Barti, and sixteen other deals representing $1.3B in new funding that you need to know about.

Nest Health – $12.5M

New Orleans-based Nest Health is a healthcare platform that provides home and virtual visits for primary care, pediatric care, and mental health services. Founded by Rebecca Kavoussi and Rebekah Gee in 2021, Nest Health has now raised a total of $31.5M in total equity funding and is backed by 8VC, Alumni Ventures, Amboy Street Ventures, Health2047 Capital Partners, Nicholas Jarboe, and The Blue Venture Fund.

Leal Therapeutics – $30.0M

Worcester-based Leal Therapeutics develops novel therapeutics for patients. Founded by Asa Abeliovich in 2021, Leal Therapeutics has now raised a total of $75.0M in total equity funding and is backed by Alexandria Venture Investments, Chugai Venture Fund, Dementia Discovery Fund, Euclidean Capital, Newpath Management, OrbiMed, and PhiFund Ventures.

Eyebot – $20.0M

Boston-based Eyebot develops an eye examination technology to eliminate barriers and provide quality vision care. Founded by Jack Moldave and Matthias Hofmann in 2021, Eyebot has now raised a total of $28.6M in total equity funding and is backed by AlleyCorp, Baukunst, General Catalyst, Humba Ventures, Ravelin Capital, Ubiquity Ventures, and Village Global.

WizCommerce – $8.0M

Dover-based WizCommerce is a B2B commerce platform for wholesale distributors. Founded by Divyaanshu Makkar and Vikas Garg in 2020, WizCommerce has now raised a total of $8.0M in total equity funding and is backed by Alpha Wave Global, Blume Ventures, Peak XV Partners, and Z47.

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FriendliAI – $20.0M

Redwood City-based FriendliAI is an AI infrastructure company that enables deployment, scaling, and monitoring of large language and multimodal models. Founded by Byung-Gon Chun in 2021, FriendliAI has now raised a total of $26.7M in total equity funding and is backed by Alumni Ventures, Capstone Partners, KB Securities, KDB Investment, and Sierra Ventures.

Central – $8.6M

San Francisco-based Central simplifies payroll, hiring, benefits, and compliance for startups, automating back-office tasks to save time and reduce risks. Founded by Josh Wymer, Nilay Modi, and Pranav Kashyap in 2023, Central has now raised a total of $9.1M in total equity funding and is backed by Alumni Ventures, First Round Capital, JJ Fliegelman, Kulveer Taggar, Multimodal Ventures, Richard Aberman, Ritual Capital, SurgePoint Capital, and Y Combinator.

Atomic – $30.0M

San Francisco-based Atomic is a platform that provides embedded investing and savings products for financial institutions and fintechs. Founded by David Dindi, Emma Marriott, and Marco Alban-Hidalgo in 2020, Atomic has now raised a total of $55.1M in total equity funding and is backed by Anthemis, Appia Ventures, Aquiline Capital Partners, Brewer Lane Ventures, Erie Strategic Ventures, Intuit, Nationwide Ventures, QED Investors, Samsung NEXT, and Y Combinator.

Payment Labs – $3.3M

Van Nuys-based Payment Labs empowers startups and SMBs with enterprise grade tools and resources to make payments. Founded by Han Park in 2020, Payment Labs has now raised a total of $3.3M in total equity funding and is backed by Aperture Venture Capital, Capital Eleven, and ESPMX.

Hemi Labs – $15.0M

New Castle-based Hemi Labs is a blockchain platform provides scaling, security, and interoperability. Founded by Jeff Garzik in 2023, Hemi Labs has now raised a total of $30.0M in total equity funding and is backed by Big Brain Holdings, Breyer Capital, Crypto.com, DNA Fund, Hyperchain Capital, Protein Capital, Quantstamp, Republic, Selini Capital, Web3.com Ventures, and YZi Labs.

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Welcome Tech – $7.5M

Los Angeles-based Welcome Tech is a digital platform that builds data-driven services for immigrant workforces. Founded by Amir Hemmat and Raul Lomeli in 2010, Welcome Tech has now raised a total of $80.5M in total equity funding and is backed by Black Tech Nation Ventures, CityRock Venture Partners, Mubadala Capital, Next Legacy Partners, TTV Capital, and Westbound Equity Partners.

Commonwealth Fusion Systems – $863.0M

Cambridge-based Commonwealth Fusion Systems designs and develops commercial fusion energy systems to produce clean energy. Founded by Dan Brunner, Martin Greenwald, and Robert Mumgaard in 2017, Commonwealth Fusion Systems has now raised a total of $2.9B in total equity funding and is backed by Breakthrough Energy Ventures, Brevan Howard Asset Management, Counterpoint Global, Emerson Collective, Eni, FFA Private Bank, Future Ventures, Galaxy Interactive, Gates Frontier Fund, Gigascale Capital, Google, HOF Capital, Hostplus, Khosla Ventures, Lowercarbon Capital, Mitsubishi Corporation, Mitsui & Co, Neva SGR, NVentures, Planet First Partners, Safar Partners, Stanley Druckenmiller, Starlight Ventures, Tiger Global Management, and Woori Venture Partners.

Maisa – $25.0M

Dover-based Maisa offers an agentic process automation platform that enhances the performance of AI and LLM. Founded by David Villalón, Guillermo Blasco, and Manuel Romero in 2023, Maisa has now raised a total of $29.9M in total equity funding and is backed by Creandum, Forgepoint Capital International, NFX, and Village Global.

Rain – $58.0M

New York-based Rain is a stablecoin infrastructure platform offering wallets and global transfers through a unified API for enterprises and neobanks. Founded by Charles Yoo-Naut and Farooq Malik in 2021, Rain has now raised a total of $82.5M in total equity funding and is backed by Dragonfly, Endeavor Catalyst, Galaxy Ventures, Lightspeed Venture Partners, Norwest Venture Partners, Samsung NEXT, and Sapphire Ventures.

Blue Water Autonomy – $50.0M

Boston-based Blue Water Autonomy is a technology and shipbuilding company that revolutionizes naval operations through advanced autonomous vessels. Founded by Austin Gray, Rylan Hamilton, and Scott N. Miller in 2024, Blue Water Autonomy has now raised a total of $64.0M in total equity funding and is backed by Eclipse Ventures, GV, Impatient Ventures, and Riot Ventures.

The AlleyWatch audience is driving progress and innovation on a global scale. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement, lead generation, and thought leadership in front of an audience that comprises the vast majority of key decision-makers in the NYC business community and beyond. Learn more about advertising to NYC Tech, at scale.

Barti – $12.0M

San Francisco-based Barti offers an AI-powered electronic health record and practice management platform tailored for eye care providers. Founded by Colton Calandrella and Kelly Cai in 2021, Barti has now raised a total of $16.5M in total equity funding and is backed by Five Elms Capital.

Aurelian – $14.0M

Houston-based Aurelian is an AI platform designed to automate routes, triage, and resolve non-emergency police calls. Founded by James Liu and Max Keenan in 2022, Aurelian has now raised a total of $14.5M in total equity funding and is backed by FUSE, Liquid 2 Ventures, New Enterprise Associates, Palm Drive Capital, and Y Combinator.

InstaLILY AI – $25.0M

New York-based InstaLILY AI is an AI platform that operates within existing enterprise software. Founded by Amit Shah and Sumantro Das in 2023, InstaLILY AI has now raised a total of $25.0M in total equity funding and is backed by Insight Partners, Marvin Ventures, and Perceptive Ventures.

Assort Health – $50.0M

San Francisco-based Assort Health provides voice AI agents designed for healthcare call centers, enabling automation of appointment management tasks. Founded by Jeffery Liu and Jon Wang in 2023, Assort Health has now raised a total of $75.5M in total equity funding and is backed by Lightspeed Venture Partners.

Aurasell – $30.0M

San Mateo-based Aurasell is an AI-native platform that manages the entire go-to-market process for sales teams and operations. Founded by Jason Eubanks and Srinivas Bandi in 2024, Aurasell has now raised a total of $30.0M in total equity funding and is backed by Menlo Ventures, Next47, and Unusual Ventures.

The Weekly Notable Startup Funding Report: 9/1/25 – AlleyWatch

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