Among the Bay Area startups that raised funding this week is Orbital Sidekick, which is developing satellites that will be used to offers space-based imaging and analysis.
Orbital Sidekick
At least in the Bay Area, the venture community seems to be primarily focused on early-stage companies.
At midweek, 12 startups announced they'd raised $186 million in funding combined. But just one of those companies is a later-stage business. And its funding round was only slightly bigger than the largest of the early-stage deals.
Orbital Sidekick is led by CEO and co-founder Dan Katz.
Orbital Sidekick
Here's a look at those midweek rounds and other Bay Area venture and startup news:
Fundings
- Phantom AI Inc., Burlingame, $36.5 million: KT Investment, Renaissance Asset Management, Shinhan GIB and Samsung Ventures invested in the Series C round for developer of autonomous driving software.
- Craft Machine Inc. (dba Craft), San Francisco, $32 million: Balyasny Asset Management (dba BAM Elevate) led the Series B round for this provider of a supply chain risk analysis service. Greycroft, Uncork Capital, High Alpha and ServiceNow Ventures also invested.
- Freemodel Inc., Burlingame, $19.5 million: QED Investors and LL Funds led the Series A round for this provider of renovation services targeted at home sellers. RWT Horizon also participated.
- Finley Technologies Inc., San Francisco, $17 million: CRV led the Series A round for provider of software that helps companies track and manage their debt. Bain Capital Ventures, Haystack, Y Combinator, Nine Four Ventures and Upper90 also invested.
- Knox Medical Diagnostics Inc. (dba Aluna Inc.), San Francisco, $15.3 million: Matrix Partners led the Series B round for maker of a device that measures lung function for people with asthma or cystic fibrosis. Rho Ignition also participated.
- Select Star Inc., San Francisco, $15 million: Lightspeed Venture Partners led the Series A round for this provider of software that helps companies manage and analyze their data. Bowery Capital, Sozo Ventures and Pebblebed also invested.
- Profit Apps Inc. (dba Profit.co), Fremont, $11 million: Elevation Capital led the round for this provider of software that helps companies set goals for their employees and measure workers' performance.
- Jetpack Technologies Inc., (dba JetPack.io), Oakland, $10 million: Coatue and GV led the seed round for this provider of a software development service for cloud-based apps.
- Orbital Sidekick Inc., San Francisco, $10 million: Energy Innovation Capital led the round for this provider of satellite imaging data and analysis services. The Williams Cos., OneOK Inc., the University of Minnesota,11.2 Capital, Syndicate 708 and In-Q-Tel also participated.
- Teal Health Inc., San Francisco, $8.8 million: Emerson Collective, Serena Ventures, Metrodora Ventures and Felicis Ventures invested in the seed round for this provider of an at-home cervical cancer screening service.
- TigerBeetle Inc., San Francisco, $6.4 million: Amplify Partners and Coil led the seed round for this provider of financial accounting software.
- Cleary Technologies Inc., San Francisco, $4.5 million: Moonshots Capital led the seed round for this provider of an intracompany communications service. Liberty City Ventures, Crosslink Capital, Seachange Fund and Quiet Capital also invested.
Funders in the news
- Defy.vc raised $300 million for its third fund. Based in Woodside, Defy is a venture firm that focuses on early-stage startups.
- Centana Growth Partners hired Sarah Mears Kim as a partner. Prior to joining the private equity firm, which has offices in New York, Palo Alto and San Francisco, Kim was a senior advisor at Archipelago Analytics.
