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The AlleyWatch Startup Daily Funding Report: 6/25/2024

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/25/2024 featuring funding details for EvolutionaryScale, Norm AI, and much more. This page will be updated throughout the day to reflect any new fundings.


EvolutionaryScale – $142M

EvolutionaryScale, an AI company for application in life sciences including LLMs for biology, has raised $142M in Seed funding from investors that include Lux Capital, Amazon, Nat Friedman, Daniel Gross, and Nventures. EvolutionaryScale was founded by Alexander Rives, Tom Sercu, and Sal Candido in 2023.


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Norm AI – $27M

Norm AI, an AI-powered regulatory compliance platform, has raised $27M in Series A funding from investors that include Bain Capital Ventures, Coatue, Citi Ventures, TIAA, Blackstone Innovations Investments, New York Life Ventures, and Jefferson River Capital. Founded by John Nay in 2023, Norm AI has now raised a total of $38.1M in reported equity funding.


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Daytona – $5M

Daytona, an open-source development environment management platform, has raised $5M in Seed funding from investors that include Upfront Ventures and 500 Global. Founded by Goran Draganic, Ivan Burazin, and Vedran Jukic in 2023, Daytona has now raised a total of $7M in reported equity funding.


Tags: 500 GlobalAlexander RivesAmazonand angel deals for NYC startups for 6/25/2024 featuring funding details for EvolutionaryScaleand much more.Bain Capital VenturesBlackstone Innovations InvestmentsCiti VenturesCoatueDaniel GrossDaytonaEvolutionaryScaleGoran DraganicIvan BurazinJefferson River CapitalJohn NayLux CapitalNat FriedmanNew York Life VenturesNorm AINVenturespre-seedSal CandidoSeedThe latest venture capitalTIAATom SercuUpfront VenturesVedran Jukic
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