Early-stage Bay Area startups had a healthy stretch of fundraising over the last week.
Since last Thursday, ten local companies raised $124 million in Series A rounds. Those startups, which hail from San Francisco, Silicon Valley and the East Bay, include one that's using which uses artificial intelligence to detect wildfires, another that offers software that's used to design electronics, and one that makes and sells — wait for it — canned sparkling water.
The new rounds come after a summer lull that saw fundraising frequently slow to a crawl in the Bay Area.
Here's more on the startups that announced Series A deals over this past week:
SecurityPal Inc., San Francisco, $21 million: Craft Ventures led the round for this provider of security review software. Andreessen Horowitz, Okta Inc. Chief Operating Officer Frederic Kerrest, Asana Inc. Chief Operating Officer Anne Raimondi, Incredible Health CEO Iman Abuzeid and Wavefront Inc. founder Dev Nag also invested.
Pano AI Inc., San Francisco, $20 million: Initialized Capital led the round for this provider of software used to detect and prevent wildfires. Congruent Ventures, Convective Capital, DCVC, January Ventures and Quiet Capital also participated.
Federato Technologies Inc., San Francisco, $15 million: Emergence Capital led the round for this provider of risk analysis software for insurance underwriters. Caffeinated Capital and Pear Ventures Management also invested.
JITX Inc., Berkeley, $12 million: Sequoia Capital led the round for this provider of electronics design software. Y Combinator, Funders Club and Liquid 2 Ventures also participated.
EnACT Systems Inc. (dba Enact Systems), Pleasanton, $11.5 million: Energy Growth Momentum led the round for this provider of software used to design and monitor residential solar systems. NB Ventures, Arka Venture Labs, Olympus Capital and Alumni Venture Funds also invested.
Rephrase Corp. (dba Rephrase.ai), San Francisco, $10.6 million: Red Ventures led the round for this provider of animated customer assistance avatars. Silverlake Management and 8VC also participated.
Aura Bora Inc., San Francisco, $10 million: Siddhi Capital led the round for this maker of canned flavored sparkling water. Consumer Ventures, Gaingels, Seaside Ventures and Simple Food Ventures also participated.
Jacobi Inc., San Francisco, $10 million: Queensland Investment Corporation led the round for this provider of software that helps customers create and manage investment portfolios. Illuminate Venture Partners, 8VC and Western Technology Investment also invested.
RKVST Inc., Santa Clara, $7.5 million: Ridgeline Partners, Acadia Woods, Cyber Mentor Fund and Long Run Capital invested in this provider of a digitized paperwork service for corporate supply chains.
CNote Group Inc., Oakland, $7.25 million: American Family Insurance Institute for Corporate & Social Impact led the round for this developer of investment funds that provide financing to community development organizations. Astia Fund, BankTech Ventures, Commerce Ventures, H/L Ventures and CityRock Venture Partners also invested.
