Biotech was bumping this month, with life sciences startups raking in around $572.3 million. In July, biotech companies raised $294 million.
By our count, Boston startups raised a collective $954.1 million in August. That’s roughly the same amount of venture capital that startups raised in July. In June, the state saw startups bring in $2.7 billion in funding.
Software companies sat behind biotechs with $188.6 million in funding last month. This was largely driven by a $100 million investment in Klaviyo from Shopify. Four greentech companies collectively raised $142 million.
Check out all the deals, including links to our coverage or the company’s announcements.
Biotech
Plymouth-based IDRx Inc. launched with a $122 million Series A round. The company wants to block certain types of cancer mutations before they even begin.
Boston-based Biofourmis brought in an additional $20 million this month from Intel, just four months after it announced a $300 million Series D.
Boston-based Remedium Bio Inc. closed more than $2.3 million in its expanded seed round financing. The gene therapy company’s financing was led by Sherwood Ventures.
Cambridge-based Senda Biosciences Inc. completed a $123 million Series C financing. Its investors included Flagship Pioneering, which founded Senda, the Samsung Life Science Fund, Qatar Investment Authority, Bluwave Capital and Stage 1 Ventures.
Merck’s venture capital arm was just one of the investors in Aktis Oncology’s $84 million Series A extension this month.
Orna Therapeutics announced a collaboration deal worth up to $3.5 billion with Merck, who will also invest in its $221 million Series B round.
Software
Newton-based Cupixel received $5 million in seed funding from Joann Fabric & Crafts. The startup has an app that allows people to use augmented reality and AI to create art.
MatrixSpace, a Burlington company developing AI-enabled sensing technology, announced $10.1 million in private investor funding and new enterprise and government customers.
Boston-based Klaviyo and Canada’s Shopify Inc. announced a new product partnership. Shopify also made a $100 million investment in the Boston unicorn.
Sync Computing, a Boston cloud infrastructure optimization company, announced a $15.5 million Series A funding. The round was led by Costanoa Ventures.
Modulate, a Cambridge company that turned its voice modulator into a tool to fight online toxicity, raised a $30 million Series A round of venture capital.
Boston-based startup Goldcast, a provider of software for online events, says it is ready to scale thanks to a new $28 million fundraise.
Greentech
Boston-based carbon capture developer Mantel raised $2 million in seed funding led by The Engine and New Climate Ventures.
Somerville-based SparkCharge, which is building a mobile EV charging network, announced an additional $7 million in funding for its Series A round and the arrival of its EV charging delivery service app to 12 new California cities.
Watertown-based WiTricity announced a $63 million funding round led by Siemens AG. WiTricity has been developing wireless charging technology for electric vehicles for 15 years.
Smart water-cooler company Bevi received a $70 million Series D investment from Cowen Sustainable Investments.
Medtech
Cambridge-based Nanopath has closed a $10 million round led by Norwest Venture Partners and Medtech Convergence Fund. The startup is trying to speed up pelvic and gynecologic health testing so patients can get results and a treatment plan in a single visit.
MedMinder Systems Inc., which makes smart pill dispensers, plans to move its headquarters from Needham to Norwood by the end of the year and raised a new $35 million investment consisting of a $25 million debt tranche from SWK Holdings Corp. and a $10 million equity investment from returning investor Accelmed Partners.
Fintech
Stackwell Capital Inc. closed its first-ever funding round — a $3.5 million seed round led by Michael Gordon, president of Fenway Sports Group; Jeremy Sclar, CEO and chairman of WS Development; and The Kraft Group.
Fitness tech
A little more than a month after laying off 35% of its workforce, Hydrow Inc. has brought in nearly $21 million in new funding.
Robotics
Dexai Robotics Inc. has raised nearly $6.7 million in equity funding. The Charlestown-based company makes robot chefs.
Firms
The venture capital arm of Boston-based Suffolk Construction plans to raise $100 million for a new fund, regulatory documents show.
Michael Benezra, co-founder of the nonprofit GK Fund, plans to raise $10 million for a new venture capital firm called Erez Capital.
