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The AlleyWatch Startup Daily Funding Report: 8/6/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for August 6, 2026 featuring funding details for Malachyte, Furnace Systems Corp, and much more. This page will be updated throughout the day to reflect any new fundings.

Malachyte – $10M

🤖 AI
⚙️ EnterpriseMalachyte, a behavior intelligence platform that delivers real-time personalization for e-commerce brands, has raised $10M in Seed funding led by Bessemer Venture Partners and Gradient Ventures with participation from Harpoon Ventures. Malachyte was founded by Sidd Motwani, Ian Anderson, and Shivaditya Sinha in 2024.


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Furnace Systems Corp – $3.55M

⚙️ EnterpriseFurnace Systems Corp, a stealth startup that has not yet disclosed its product founded by three Brown University alumni, has raised $3.55M in funding according to a recent SEC filing. The filing indicates that there were nine investors in this round. Furnace Systems Corp was founded by Matthew Siff, Andrew Siff, and Gabriel Rizk in 2025.


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Tags: Andrew SiffBessemer Venture PartnersFurnace Systems CorpGabriel RizkGradient VenturesHarpoon VenturesIan AndersonMalachyteMatthew SiffShivaditya SinhaSidd Motwani
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The July 2026 US Venture Capital Funding Report

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