The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 10/3/26 featuring funding details for Dodge AI, Limited, Reco, and twenty-seven other deals representing $2.5B in new funding that you need to know about.
Apollo Atomics – $620K
Cambridge-based Apollo Atomics is the developer of a nuclear technology designed to provide sustainable power and to meet energy demands with deployment. Founded by Assil Halimi and Drew Walker in 2025, Apollo Atomics has now raised a total of $27.1M in total equity funding and is backed by Alumni Ventures.
Armadin – $255.5M
Palo Alto-based Armadin develops an AI-native cybersecurity platform that helps organizations identify and validate exploitable security risks. Founded by David Slater, Evan Pena, Kevin Mandia, and Travis Lanham in 2025, Armadin has now raised a total of $444.7M in total equity funding and is backed by 8VC, Accel, Andreessen Horowitz, Bain Capital Ventures, Ballistic Ventures, Google Ventures, IQT, Kleiner Perkins, Menlo Ventures, and Redpoint.
Ascerta – $18M
Redmond-based Ascerta offers an enterprise AI management platform. Founded by David Tepper, Doron Holan, and Erik Winters in 2023, Ascerta has now raised a total of $26M in total equity funding and is backed by Benhamou Global Ventures, Dell Technologies Capital, Hitachi Ventures, and Wipro Ventures.
Atomic – $12.5M
Boston-based Atomic provides supply chain planning software for managing demand, inventory, purchasing, manufacturing, and shipments. Founded by Jeff Goodrich, Michael Rossiter, and Neal Suidan in 2023, Atomic has now raised a total of $15.5M in total equity funding and is backed by DVx Ventures, Klass Capital, and Madrona.
Biotia – $9M
Long Island City-based Biotia is a health tech startup offering AI-based solutions to diagnose and control infectious disease. Founded by Chris Mason, Niamh O’Hara, and Rachid Ounit in 2016, Biotia has now raised a total of $19.4M in total equity funding and is backed by Cloquet Capital Partners, Continuum Health Ventures, Convergent Ventures, DigitalDx Ventures, Dr. Clive Fields, EGB Capital, I-Lab Angels, Leawood Venture Capital, Red Bear Angels, Red Bear Ventures, and Tim Barry.
AlleyWatch’s exclusive coverage of this round: Biotia Raises $9M to Close the Diagnostic Gap for Recurrent and Culture-Negative UTIs
CScale – $145M
Palo Alto-based CScale develops optical interconnect technology for AI infrastructure. Founded by Sanjai Kohli in 2023, CScale has now raised a total of $173.3M in total equity funding and is backed by Atreides Management, Intel Capital, Maverick Silicon, NVIDIA, Premji Invest, Sutter Hill Ventures, and Valor Equity Partners.
Daptic – $15M
New York-based Daptic develops regulatory intelligence software that helps companies track, analyze, and manage global compliance requirements. Founded by Baptiste Bouvier, Gabby Finear, and Hannah Collins in 2022, Daptic has now raised a total of $15.2M in total equity funding and is backed by 8VC, Canvas Prime, and IA Ventures.
Dodge AI – $2.7M
San Francisco-based Dodge AI is an enterprise automation platform that specializes in ERP maintenance. Founded by Aditya Thakur and Rebhav Bharadwaj in 2025, Dodge AI has now raised a total of $4.7M in total equity funding and is backed by Accel, Antler, Google AI Futures Fund, NewBuild Venture Capital, and Schema Ventures.
Efficient Computer – $97M
Pittsburgh-based Efficient Computer is a semiconductor technology company developing energy-efficient computing solutions based on its Fabric architecture. Founded by Alex Hawkinson, Brandon Lucia, Graham Gobieski, and Nathan Beckmann in 2022, Efficient Computer has now raised a total of $173M in total equity funding and is backed by Borderless Capital, Eclipse, Giant Ventures, Mana Ventures, Overmatch Ventures, Sahin Boydas, TF Capital, TO ventures, Toyota Ventures, TQ Ventures, Triatomic Capital, and Union Square Ventures.
EliseAI – $350M
New York-based EliseAI is an AI-driven company that offers automation, streamlining workflows, and unique needs of housing and healthcare operations. Founded by Carrie Murphy, Minna Song, and Stoyan Stoyanov in 2017, EliseAI has now raised a total of $741.9M in total equity funding and is backed by Andreessen Horowitz, Bessemer Venture Partners, Navitas Capital, Ontario Teachers’ Pension Plan, and Sapphire Ventures.
General Intuition – $220M
New York-based General Intuition is a frontier research lab focused on teaching machines to learn and adapt through play. Founded by Moritz Baier-Lentz and Pim de Witte in 2025, General Intuition has now raised a total of $673.7M in total equity funding and is backed by Atreides Management, General Catalyst, Khosla Ventures, Point72, Seven Seven Six, and Valor Equity Partners.
GMI Cloud – $223M
Mountain View-based GMI Cloud provides cloud infrastructure for AI workloads, including GPU computing, model inference, and AI agent runtime services. Founded by Alex Yeh in 2023, GMI Cloud has now raised a total of $238M in total equity funding and is backed by ARCHIV, DSC Investment, KB Investment, KT Engineering Corporation, Kyobo Life Insurance, NVIDIA, Redwood Partners, and Trend Micro.
Halluminates – $30M
San Francisco-based Halluminate develops benchmarks and reinforcement-learning environments for evaluating AI systems on knowledge-work tasks. Founded by Jerry Wu and Wyatt Marshall in 2024, Halluminates has now raised a total of $30.5M in total equity funding and is backed by Financial Technology Partners, Heavybit, Oak HC/FT, Orange Collective, and Y Combinator.
Instinct – $1B
San Francisco-based Instinct provides a personal assistant that connects with applications and devices to help manage everyday tasks and information. Founded by Noah Shinn in 2025, Instinct has now raised a total of $1.3B in total equity funding and is backed by Benchmark, Coatue, and Sequoia Capital.
Jeeves – $110M
Miami-based Jeeves is a global finance platform that saves businesses time & money by simplifying their financial operations. Founded by Dileep Thazhmon and Sherwin Gandhi in 2019, Jeeves has now raised a total of $378M in total equity funding and is backed by AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CoinFund, CRV, GIC, Global PayTech Ventures, ParaFi Capital, Vista Equity Partners, Wintermute Ventures, and Y Combinator.
Limited – $18.5M
San Francisco-based Limited is a business financial platform that provides multi-country accounts, corporate cards, bill payments, and treasury services. Founded by Hussein Ahmed in 2024, Limited has now raised a total of $28.5M in total equity funding and is backed by 1982 Ventures, Collab+Currency, Digital Currency Group, North Island Ventures, Onigiri Capital, ParaFi Capital, Pharsalus Capital, The House Fund, and Third Prime.
Meadow AI – $7M
Seattle-based Meadow AI is developing the retail and restaurant industries’ operational brains. Founded by Dragos Velicanu, Max Sim, and Scott Liu in 2023, Meadow AI has now raised a total of $11.5M in total equity funding and is backed by Flying Fish Partners, Leadout Capital, TenOneTen Ventures, Ulu Ventures, Wedbush Ventures, and York IE.
Menos AI – $5.1M
Chandler-based Menos AI develops AI-driven agentic workforces to optimize asset management, automate tasks, and analyze data. Founded by Baojiang Yang, Junchen Wu, and Xiang Pan in 2024, Menos AI has now raised a total of $10.3M in total equity funding and is backed by Alpha Square Group and Copper Sky Capital.
Miter – $40M
San Francisco-based Miter provides construction workforce management software that connects payroll, human resources, and operations on a unified platform. Founded by Connor Watumull and Tobin Paxton in 2021, Miter has now raised a total of $90M in total equity funding and is backed by Battery Ventures, Bessemer Venture Partners, and Coatue.
Parakeet Health – $10M
San Francisco-based Parakeet Health is a AI contact center agent for healthcare practices. Founded by Aaron Lee, Eric Mao, and Jung Park in 2023, Parakeet Health has now raised a total of $13M in total equity funding and is backed by Blank Ventures, Canvas Prime, HMC INQ, and StoryHouse Ventures.
Presto – $10M
Redwood City-based Presto is a software company that provides AI and automation solutions to the restaurant industry. Founded by Krishna Gupta, Michael Chorey, and Rajat Suri in 2008, Presto has now raised a total of $192.6M in total equity funding and is backed by REMUS Capital.
Quartermaster AI – $100M
Arlington-based Quartermaster AI develops maritime technology designed to improve ocean awareness and vessel safety. Founded by Neil Sobin in 2023, Quartermaster AI has now raised a total of $148.6M in total equity funding and is backed by BoxGroup, First Round Capital, Insight Partners, Overmatch Ventures, Quiet Capital, and TMV.
Quotr.ai – $4M
Berkeley-based Quotr.ai is an AI-powered construction estimation, takeoff, and procurement platform for subcontractors, general contractors, and developers. Founded by Hanyang Liu and Junzhe Shi in 2023, Quotr.ai has now raised a total of $7.5M in total equity funding and is backed by Llama Ventures and SevenX Ventures.
Reco – $55M
Altamonte Springs-based Reco is a SaaS security platform that secures AI agents, applications, identities, and workflows. Founded by Gal Nakash, Ofer Klein, and Tal Shapira in 2020, Reco has now raised a total of $140M in total equity funding and is backed by AT&T Ventures, Forestay Capital, and Quadrille Capital.
Relay – $36M
Raleigh-based Relay is a cloud based communication platform that offers team communications, operational insights, and workers safety for the leaders. Founded by Chris Chuang and David Morken in 2015, Relay has now raised a total of $91.1M in total equity funding and is backed by Cerity Partners Ventures, G2 Venture Partners, Harmonic Growth Partners, International Paper, Thayer Investment Partners, and Wind River Ventures.
Satlyt – $8M
San Francisco-based Satlyt develops software infrastructure for in-orbit computing that enables satellites to process data workloads directly in space. Founded by Rama Afullo in 2024, Satlyt has now raised a total of $8.3M in total equity funding and is backed by Antler, Askya Investment Partners, Axian Investment Partners, Black Angel Group, Demos Funds, Enza Capital, Gaingels, Launch Africa, non sibi ventures, Slauson & Co., and TLcom Capital Partners.
SiMa.ai – $150M
San Jose-based SiMa.ai develops hardware and software for deploying physical AI applications at the edge. Founded by Krishna Rangasayee and Steven J. Rosston in 2018, SiMa.ai has now raised a total of $505M in total equity funding and is backed by AllianceBernstein, Alter Venture Partners, Amplify Partners, Baron Capital, Dell Technologies Capital, Fidelity, JP Morgan, Maverick Capital, +ND Capital, State of Michigan, and StepStone Group.
Supabase – $150M
San Francisco-based Supabase offers an open source backend platform for app development built around a managed PostgreSQL database and tools. Founded by Anthony Wilson and Paul Copplestone in 2020, Supabase has now raised a total of $1.3B in total equity funding and is backed by CapitalG, GIC, IronArc Ventures, and Square Peg Capital.
Tangent Robotics – $4.5M
New York-based Tangent Robotics develops the technology to give machines human-like dexterity. Founded by Matei Ciocarlie and Pedro Piacenza in 2025, Tangent Robotics has now raised a total of $4.5M in total equity funding and is backed by Fly Ventures, Logos Fund, Sparked Ventures, and Toyota Ventures.
Volantis – $88M
San Francisco-based Volantis is a semiconductor manufacturing company that designs and manufactures AI chips optimized for high-performance computing needs. Founded by Tapa Ghosh in 2022, Volantis has now raised a total of $97M in total equity funding and is backed by Abstract, Dwarkesh Patel, Dylan Patel, Jeffrey Dean, John Doerr, Lachy Groom, Naveen Rao, Sholto Douglas, Susa Ventures, Triatomic Capital, and VXI Capital.
