(#29) Bearhug Recruiting’s Early & Growth Stage Tech Startup Funding Recap! 10/28/24

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Check Out This Week’s Venture Capital Investment Summary Spanning Early & Growth-Stage US Based Environmental Technology & Enterprise Software Startups!

Every Monday, the team here at Bearhug Recruiting aggregates, researches, and publishes a recap of the prior week’s fundraising activity within the early and growth-stage Environmental Technology & Enterprise Software startup ecosystem.

This research not only allows us to keep our finger on the pulse of the markets we serve, but also benefits others who, like us, enjoy analyzing the latest trends that signal investor confidence AND startup growth within what we believe are the most exciting and impactful segments!

We also hope the people and companies we feature enjoy both a virtual fist bump from the team at Bearhug, plus benefit from some additional free market exposure to amplify their mission.

Here’s this week’s startup funding recap:

1. Pantheon AI, led by David Mace, has raised a $25 million Series A funding round. Pantheon provides artificial intelligence-enabled architectural services that streamline processes for developers, owners, and tenants.

2. BiltOn, led by Omer Slavin, has raised a $15 million Series B funding round. BiltOn provides construction operations and risk management software tailored for owners and general contractors.

3. Carbon Ridge, led by Chase Dwyer, has raised a $9.5 million Series A funding round. Carbon Ridge develops modular onboard carbon capture and storage (OCCS) solutions for the maritime shipping industry to reduce greenhouse gas emissions.

4. Paccurate, led by James Malley, has raised an $8.1 million Series A funding round. Paccurate provides a packing intelligence platform that optimizes parcel shipping processes by helping shippers identify ideal carton configurations and pack orders efficiently.

5. Formic, led by Saman Farid, has received an investment from Mitsubishi Electric Corporation through its ME Innovation Fund. Formic designs, develops, and maintains industrial robots, focusing on solutions for tasks like palletizing and packaging for small and medium-sized businesses.

6. Recyclops, led by Ryan Smith, has received an investment from BDev Ventures. Recyclops offers a waste management platform that supports landfill diversion initiatives nationwide.

7. TollBit, led by Toshit Panigrahi, has raised a $24 million Series A funding round. TollBit enables digital publishers to license content per use and receive immediate payments, ensuring AI companies can directly access the data they need in real time.

8. Attention, led by Anis Bennaceur, has raised a $14 million Series A funding round. Attention provides an AI-powered platform designed to help sales and revenue teams improve customer conversations by automating the extraction of actionable insights.

9. Fixify, led by Matt Peters, has raised a $25 million Series A funding round. Fixify provides an AI-powered IT help desk solution that combines technology with analysts to create an IT help desk experience tailored to each company’s environment.

10. Nooks, led by Dan Lee, has raised a $43 million Series B funding round. Nooks is an AI-powered platform designed to help sales teams improve efficiency by automating tasks like prospecting, dialing, and coaching.

11. Urbint, led by Corey Capasso, has raised a $35 million growth equity funding round. Urbint provides an AI platform focused on identifying and mitigating threats to workers, infrastructure, and communities.

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

*Note: The companies we feature in our weekly recap are a very small subset of a much larger batch, carefully chosen based on our team’s assessment of how each company aligns with our GTM search practice. It’s worth noting that most startups raise funding rounds privately, often long before the news is announced publicly!

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