Welcome to the second Built By Berkeley, a weekly round-up of all funding rounds with a Berkeley founding team member.
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 #️⃣ & 💰:
9 Berkeley-founded companies funded
$374M of capital raised from the 15th to 21st July
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Closed Rounds
🧑💻 VSee. $110M SPAC Merger. 🇺🇲 Low code / no code telehealth platform
🐻 Milton Chen, CEO. EECS. Article
🔌 Dream Big Semiconductor. $75M Series B. 🇺🇲 Semi-conductor Chiplet platform for AI inference. 💰 Samsung Catalyst, Sutardja Family
🏢 Urban Company. $50M Secondary. 🇮🇳 Quality home services, on demand. 💰 Dharana
🐻 Raghav Chandra, Cofounder. EECS. Article
🤑 Slope. $65M Series A. 🇺🇲 Flexible payments for businesses via APIs and AI-driven underwriting. 💰 Y Combinator, Jack Altman, JP Morgan.
🐻 Alice Deng, Co-founder & Chief Product Officer. BA Business. Article
👶 Novocuff. $26M Series A. 🇺🇲 Medical devices to improve pregnancy outcomes. 💰 AXA IM Alts, Laerdak Millon Lives Fund.
🐻 Amelia Degenkolb, CEO. BA. Article
🏗️ Adaptive. $19M Series A. 🇺🇲 AI-powered financial platform for the construction industry. 💰 Emergence, Pear, Box.
🐻 Henry Bradlow, CTO. ECCS. Article
🥘 Antheia. $17M Growth Equity. 🇺🇲 Pharmaceutical ingredient manufacturer. 💰In-Q-Tel, Echo Investment Capital
🐻 Christina Smolke, CEO. PhD Chemical Engineering. Article
🚲 Vammo. $5.4M in Debt & Equity. 🇧🇷 Battery swapping for motorcycles. 💰EXT Capital
🐻 Billy Blaustein, COO. Haas MBA. Article
💞 Acculine Medical. $4.2M Seed Round. 🇮🇱 Deep learning to detect heart attacks early. 💰 Mayo Clinic Ventures, Google for Startups.
🐻 Shai Revzen, CSO. PhD Biomechanics. Article
🔫 Aurelius Systems. $2.1M Pre Seed. 🇺🇲 Edge-deployed laser systems to counter drones. 💰Outlander, Decisive Point
🐻 Michael LaFramboise, CEO. Haas MBA. Article
Rounds We Missed
👼 Amparo. $900K Seed. 🇧🇷 End of life platform to ease the burden of losing a loved one. 💰 QED, Canary
🐻 Matheus Drummond, CEO. LLM Law. Article
Image of the Week:
Ever wondered where all your DoorDash orders came from? DoorDash was founded by Berkeley alumnus Tony Xu.
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.
Do you have a job you want to post from a Berkeley Company? Add here.
Is there someone in the Berkeley ecosystem that you would want us to do a profile on? A founder, funder, or general startup person? Add here.
What’s 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….
