Bathhouse – $35M
Bathhouse, a social wellness destination that offers sauna, contrast therapy, and communal bathing experiences, has raised $35M in Venture funding led by Imaginary Ventures, with participation from Klay Thompson, Marcus Smart, and DK Metcalf. Bathhouse was founded by Travis Talmadge and Jason Goodman in 2019.
Upcoming Event
Yard Industry Day: A Front-Row View Into NYC’s Modern Industrial Economy
On May 16, the Brooklyn Navy Yard is hosting Yard Industry Day, an interactive showcase spotlighting the Yard-based companies and technologies that are shaping the future of urban industry. Join panels, tours, and talks throughout the day across topics like robotics and physical AI, medtech, immersive media, space tech, clean energy, industrial innovation, and advanced manufacturing.
Whether you’re looking to collaborate, find your next partner, or discover what’s next, Yard Industry Day offers a front-row view into NYC’s modern industrial economy.
MOTHER.Tech – $15M
AI
MOTHER.Tech, an AI creative platform that lets users generate professional-quality content without prompt engineering, has raised $15M in Pre-Seed funding led by Google Ventures (GV), with participation from Lerer Hippeau Ventures, Box Group, and Shine Capital. Founded by Kelsey Falter in 2023, MOTHER.Tech has now raised a total of $20M in reported equity funding.
AlleyWatch broke the news in an exclusive covering the round and much more – MOTHER.Tech Raises $15M to Launch Degen, an AI App That Creates Professional Content Without Prompt Engineering
InstaSwitch – $4.7M
FINTECH
InstaSwitch, a fintech infrastructure platform that automates the account-switching workflow for business banking institutions, has raised $4.7M in Seed funding led by Chicago Ventures, with participation from 8-Bit Capital, Better Tomorrow Ventures, and Panache Ventures. InstaSwitch was founded by Daniel West in 2025.