Built By Berkeley

In another busy week for Berkeley-founded startups, a Google competitor raised $250M, a chiplet foundry raised $100M, and a tech-enabled wealth advisor raised $26.5M.

We believe Berkeley has the most entrepreneurial ecosystem in the world. However, we recognize that this ecosystem can sometimes feel fragmented. To help bring it closer together, we will announce all Berkeley-founded companies that receive funding each week. This is a community effort, so please let us know if we missed a company here. 🐻

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Summary by the #️⃣ & 💰:

• 10 Berkeley-founded companies funded

• $480M of capital raised from the 5th August to 11th August

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Closed Rounds

🔍 Perplexity. $250M Round. 🇺🇲 AI search engine. 💰 Softbank, The House Fund, Jeff Bezos, NEA

🐻 Aravind Srinivas, Co-Founder & CEO. PhD CS. 🐻 Andy Konwinski, Co-Founder & President. PhD CS, MS CS, & Professor. Article

💾 Silicon Box. $100M Round. 🇸🇬 Chiplet foundry for advance silicon production 💰 Maverick Capital, Intel Capital, TDK Ventures

🐻 Weili Dai, Co-Founder. EECS. Article

🏭 Seeq. $50M Series D. 🇺🇲 Time series data analytics platform focused on industrial operations. 💰 Sixth Street Growth, Insight, Aramco Ventures

🐻 Mark Derbecker, Co-Founder & CPO. Article

💹 Savvy Wealth. $26.5M Series A. 🇺🇲 Tech platform revolutionizing wealth management. 💰 Canvas Ventures, House Fund, Brewer Lane, Thrive, Index

🐻 Ritik Malhotra, Founder & CEO. EECS. Article 

💻 Anjuna. $25M Series B. 🇺🇲 Confidential computing platform. 💰 Insight, M Ventures, Hyperlink, SineWave

🐻 Ayal Yogev, CEO & Co-Founder. Haas MBA. Article

🧑‍🏫 Brisk Teaching. $6.9M Series A. 🇺🇲 Chrome plugin that leverages AI to supercharge teacher productivity. 💰 Coherence, Owl Ventures

🐻 Arman Jaffer, Founder. BA EECS. Article

🚰 Pani. $6.7M Seed. 🇺🇲 Personalised water producer. 💰 Undisclosed. 

🐻 Allen Tsai. Founder. BA EECS & Business. Article

🪟Transaera. $6M Seed. 🇺🇲 Energy efficient HVAC systems. 💰Undisclosed.

🐻 Mircea Dinc, Co-Founder & Chief Scientific Advisor.

🎮 Curio. $5.7M Seed, 🇺🇲 Blockchain based gaming studio. 💰Bain Capital Crypto, SevenX

🐻 Yijia Chen, Co-Founder & CEO. Maths & CS. Article

🥑 Terrantic. $3.5M Seed Round. 🇺🇲 Modernizing food operations. 💰 Array Ventures, Supply Chain Capital

 🐻 Krishna, CEO & Co-Founder. Haas MBA 🐻 Trevor Cox, President. Haas MBA. Article

🌆 Breakroom. Acquired by ZipRecruiter. 🇬🇧 Online employment marketplace. 💰 ZipRecruiter

🐻 Anna Maybank, CEO & Co-Founder. Haas MBA. Article

One We Missed

💲Bima Labs $2.25M Seed. 🇺🇲 Bitcoin Stablecoin. 💰 Portal Ventures,  Draper Goren Blockchain

Siddarth Sridhar CEO & Founder. M.E.T. Article

Person in the News

Weili Dai has had a busy few weeks, this week we announced a company she co-founded Silicon Box had raised $100M and just a few weeks ago we announced that another company she founded DreamBig Semi Conductor had raised $75M.

$175M raised in just a few weeks across two companies!

This is no surprise though when you realize that Weili also co-founded Marvell Technology Group (NASDAQ: MRVL) that has a market cap of $53B and is one of the worlds biggest chips business.

Congrats to Weili for her continued success!

Our goal is to document the startup ecosystem of Berkeley-founded companies. Please share this newsletter with any Cal Bears in your network so we can crowdsource information about all investment rounds and job opportunities.

• Did we miss a company or want to announce a round? Add it here, and we will post it next week.

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Whats Next?

Eventually, we want to add any jobs at Berkeley-founded companies for people to apply to and ways in which founders connect.

Built By Berkeley is not affiliated with UC Berkeley, but maybe we will be one day if we get enough subscribers….