Built By Berkeley - 15th-21st July 2024

9 Berkeley Companies Raised $374M ๐Ÿ’ฐ

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. ๐Ÿป

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Summary by the #๏ธโƒฃ & ๐Ÿ’ฐ:

  • 9 Berkeley-founded companies funded

  • $374M of capital raised from the 15th to 21st July

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Closed Rounds

๐Ÿง‘โ€๐Ÿ’ป VSee. $110M SPAC Merger. ๐Ÿ‡บ๐Ÿ‡ฒ  Low code / no code telehealth platform 

๐Ÿป Milton Chen, CEO. EECS. Article 

๐Ÿ”Œ Dream Big Semiconductor. $75M Series B. ๐Ÿ‡บ๐Ÿ‡ฒ Semi-conductor Chiplet platform for AI inference. ๐Ÿ’ฐ Samsung Catalyst, Sutardja Family 

๐Ÿป Weili Dai, Co-Founder & Vice Chairwomen. EECS Article

๐Ÿข Urban Company. $50M Secondary.  ๐Ÿ‡ฎ๐Ÿ‡ณ Quality home services, on demand. ๐Ÿ’ฐ Dharana

๐Ÿป Raghav Chandra, Cofounder. EECS.  Article  

๐Ÿค‘ Slope. $65M Series A. ๐Ÿ‡บ๐Ÿ‡ฒ Flexible payments for businesses via APIs and AI-driven underwriting. ๐Ÿ’ฐ Y Combinator, Jack Altman, JP Morgan.

๐Ÿป Alice Deng, Co-founder & Chief Product Officer. BA Business. Article

๐Ÿ‘ถ Novocuff. $26M Series A. ๐Ÿ‡บ๐Ÿ‡ฒ Medical devices to improve pregnancy outcomes. ๐Ÿ’ฐ AXA IM Alts, Laerdak Millon Lives Fund.

๐Ÿป Amelia Degenkolb, CEO. BA. Article

๐Ÿ—๏ธ Adaptive. $19M Series A. ๐Ÿ‡บ๐Ÿ‡ฒ AI-powered financial platform for the construction industry. ๐Ÿ’ฐ Emergence, Pear, Box.

๐Ÿป Henry Bradlow, CTO. ECCS.  Article

๐Ÿฅ˜ Antheia. $17M Growth Equity. ๐Ÿ‡บ๐Ÿ‡ฒ Pharmaceutical ingredient manufacturer. ๐Ÿ’ฐIn-Q-Tel, Echo Investment Capital  

๐Ÿป Christina Smolke, CEO. PhD Chemical Engineering. Article 

๐Ÿšฒ Vammo. $5.4M in Debt & Equity. ๐Ÿ‡ง๐Ÿ‡ท  Battery swapping for motorcycles. ๐Ÿ’ฐEXT Capital 

๐Ÿป Billy Blaustein, COO. Haas MBA. Article

๐Ÿ’ž Acculine Medical. $4.2M Seed Round. ๐Ÿ‡ฎ๐Ÿ‡ฑ Deep learning to detect heart attacks early. ๐Ÿ’ฐ Mayo Clinic Ventures, Google for Startups.

 ๐Ÿป Shai Revzen, CSO. PhD Biomechanics.  Article

๐Ÿ”ซ Aurelius Systems. $2.1M Pre Seed. ๐Ÿ‡บ๐Ÿ‡ฒ Edge-deployed laser systems to counter drones. ๐Ÿ’ฐOutlander, Decisive Point

 ๐Ÿป Michael LaFramboise, CEO. Haas MBA. Article

Rounds We Missed

๐Ÿ‘ผ Amparo. $900K Seed.  ๐Ÿ‡ง๐Ÿ‡ท  End of life platform to ease the burden of losing a loved one. ๐Ÿ’ฐ QED, Canary 

๐Ÿป 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.

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