It was a really, really good month for Boston startup funding in July. After 26 startups brought in $393 million in June, the total funding amount went up to $418 million from fewer startups this month, thanks to large financing rounds from a handful of companies.
The Boston-area startups that raised the largest rounds in July were Desktop Metal ($115 million), Toast ($101 million) and NewStore ($50 million).
Here are the 21 startups that raised $418 million in July (updated with Adjoint round):
• 6 River Systems, the warehouse robotics company founded by former executives at Kiva Systems, raised a $15 million round led by Norwest Venture Partners, with participation from Eclipse Ventures and iRobot.
• Adjoint, a provider of smart contract and distributed ledger software, made the first close of a $1.05 million pre-seed round, with participation from Fintech Angels, Chicago Trading Company Ventures, Danhua Capital and Kluz Ventures.
• Allurion Technologies, a Natick, Mass.-based maker of a procedureless gastric balloon for weight loss, raised $27 million in Series C funding. The round was led by existing investor Romulus Capital, with participation from Cogepa Investments and Innovation Development Oman, a division of Oman’s sovereign wealth fund.
• Analytical Space, a 2016 MassChallenge winner that is building an in-orbit data relay service for satellite operators, raised $500,000 out of a $1 million round, according to a new Form D.
• Bevi, the Boston-based maker of custom beverage machines, raised a $16.5 million Series B round led by Trinity Ventures, which was an early investor in Starbucks and Jamba Juice.
• Circulation, Boston-based digital health startup, raised $10.5 million in Series A funding. Flare Capital Partners and The Providence Service Corp. led the round, and were joined by investors including, among others, Boston Children's Hospital. Circulation provides a platform for nonemergency healthcare transportation.
• Clear Ballot, a Boston election tech startup, revealed that it has raised a total of $18 million. Investors include Bessemer Venture Partners, Ventureforgood, and DN Capital, as well as individual investors like Endeca founder Steve Papa and mutual fund manager Peter Lynch.
• DBmaestro raised a $4.5 million round led by Vertex Ventures, with the participation of Stage 1, Lool Ventures, and iAngels. The money will help the Concord, MA-based company to launch its database automation solutions and extend its global sales and marketing reach.
• Desktop Metal, a metal 3D printing startup led by A123 Systems founder Ric Fulop, raised a $115 million Series D round from top investors, including New Enterprise Associates, GV (formerly Google Ventures) and GE Ventures. The new round, which brings total funding to $212 million, puts the company's post-money valuation above $1 billion, according to Dan Primack of Axios.
• Drafted, the Boston-based job referral startup founded by Kayak vet Vinayak Ranade, raised a $1.7 million financing round, that was backed by Slack Fund, Lightspeed Venture Partners and other existing investors. The round brings total funding to roughly $4 million.
• Edgewise Networks, a cybersecurity startup founded by former Carbon Black CTO Harry Sverdlove and Endeca vet Peter Smith, raised a $7 million round. The backers include three local VC firms (.406 Ventures, Accomplice and Pillar) and four Boston-area cybersecurity execs (Carbon Black CEO Patrick Morley, Veracode CEO Bob Brennan, former Imprivata CEO Omar Hussain and Threat Stack CEO Brian Ahern).
• Embark, a dog DNA startup, raised a $4.5 million round led by Founder Collective and two other firms and announced that it has relocated its headquarters from Austin to Boston. Two of Embark's other backers are 23andMe CEO Anna Wojcicki and Section 32, the new VC firm from GV founder Bill Maris.
• Evy Tea, a local maker of all-natural cold brew teas, closed $1 million in seed funding. Investors include Brad Asness and Peter Gladstone of Notudis Ventures, and Campitor Investments.
• NewStore, a mobile retail software startup founded by Demandware founder Stephan Schambach, closed a $50 million Series B round. The round, which brings the startup's total funding to $90 million, was led by Activant Capital. Other investors in the round included General Catalyst and Schambach himself.
• Repsly, a Boston-based provider of field team management software for retail brands, raised $1.6 million for its second seed round, which was led Launchpad Venture Group, an angel investing group. Other investors in the round included LaunchCapital, Hub Angels, SideCar Angels and Companyon.
• Signature Medical completed a $2.5 million Series A. Riot Ventures, Bose Corporation and Allied Minds took part in the round. Signature is working on a wearable device "focused on heart failure evaluation and monitoring to improve patient outcomes while preventing hospital readmissions."
• Smartvid.io, a provider of multimedia management software for the construction industry, raised a $7 million Series A round. The round’s backers included Autodesk, Borealis Ventures and Castor Ventures, as well as existing investors like Converge, Launchpad Venture Group and Stage 1 Ventures.
• Toast, a Boston-based restaurant technology company, raised an oversubscribed $101 million Series C round. The round was co-led by Generation Investment Management, a firm chaired and co-founded by former Vice President Al Gore, and Lead Edge Capital. Bessemer Venture Partners and other existing investors also participated.
• VoltDB raised a new $8 million round, according to a Form D filing.
• Wasabi Technologies, the cloud storage startup started by Carbonite's founders, raised a $10.7M convertible note. Having previously raised $8.9M from angel investors, the company launched earlier this year as a faster and cheaper competitor to Amazon's popular S3 service. Wasabi CEO and co-founder David Friend confirmed the round in an email to BostInno and said the note will be converted into Wasabi's Series B round next year, at which point he may bring in an additional $10 million.
• Wellframe raised a $15 million Series B round, which was led by F-Prime Capital, with participation from existing investors, including DFJ.
