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Early Money: Startups making synthetic coffee, speech translation software score seed rounds


Seed funding
In venture funding, a seed round is the first official equity funding stage.
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Welcome to Early Money, the new, twice-weekly roundup of early stage startup funding deals in Silicon Valley and the San Francisco Bay Area.

Starting today, and continuing every Tuesday, Bay Area Inno will be curating all the seed funding rounds that local startups have raised in the previous seven days. On Thursdays, this column will take the same approach with Series A funding rounds.

For a more complete picture of startup funding throughout the Bay Area — including Series B and higher funding rounds, companies going public, mergers and acquisitions and other related news — make sure to check out The Funded column in the Silicon Valley Business Journal. It runs Mondays, Wednesdays and Fridays.

If you have a seed or early-stage funding announcement to share, send it to Bay Area Inno reporter Sonya Herrera at sherrera@bizjournals.com.

Here are all the Bay Area's seed funding rounds from Sept. 3 to Sept. 14:

  • Owner.com, Palo Alto, $10.7 million: SaaStr Fund led the seed round of this provider of online ordering software for restaurants. Redpoint Ventures, Day One Ventures, Naval Ravikant and The Chainsmokers also participated.
  • Sanas, Palo Alto, $5.5 million: Human Capital, General Catalyst, Quiet Capital and DN Capital invested in the seed round for this provider of a service that translates accented speech in real-time.
  • Compound Foods Inc., San Francisco, $4.5 million: Lowercarbon Capital, SVLC, Humboldt Fund, Collaborative Fund, Maple VC and Petri Bio invested in the seed round of this developer of synthetic coffee.
  • Telos Brands, San Francisco, $2.1 million: Picus Capital led the seed round for company which acquire and operates businesses that sell through Amazon's marketplace.
  • Nat Inc. (dba Thatch), San Francisco, $3 million: Wave Capital led seed round for this travel software startup. Freestyle VC’s Jenny Lefcourt and Netflix co-founder Marc Randolph also invested.
  • Rattle Software Inc., San Francisco, $2.8 million: Seed investors in this provider of enterprise sales software include Lightspeed Venture Partners and Sequoia Capital India.
  • Prive Technologies Inc., San Francisco, $1.7 million: XFund and Bling Capital led the pre-seed funding of this provider of e-commerce subscription software. Defy Partners and Halogen Ventures also invested.


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