Built By Berkeley

Welcome to Built By Berkeley, where we announce all the funding rounds by Berkeley-founded companies. This is a community effort, so please let us know if we missed a company here. 🐻

Who said M&A was dead? Two companies founded in Berkeley have been acquired by publicly traded companies on the NYSE. These appear to be full buyouts, rather than the more unconventional reverse acqui-hires we've seen recently by big tech in the race for AI talent.

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Summary by the #️⃣ & 💰:

• 5 Berkeley-founded companies funded

• $87M of capital raised from the 19th August to 25th August

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Closed Rounds

🚰 Orenco Systems. Acquisition. 🇺🇲 Water treatment systems.💰 Advanced Drainage Systems (NYSE: WMS). 

🐻 Harold Ball. Co-founder. MS Engineering. Article

💉Genedata. Acquisition. 🇺🇲 Software for biopharma R&D. 💰 Danaher Corporation (NYSE: DHR)

🐻 Othmar Pfannes, CEO & Founder. PhD Statistics. Article

🌞 Recurrent Energy. $56M of Debt. 🇺🇲 Utility-scale solar and energy storage. 💰 European Investment Bank 

🐻 Arno Harris. Founder, Ex-CEO. BA English Literature. Article

 🧑‍🚀 Starpath. $12M Seed. 🇺🇲 Space propellant system. 💰 Courtyard Ventures, 8VC, Balerion Space, Day One Ventures, Indicator.

🐻Saurav Shroff, Co-founder. BA Engineering. Article

🧪 Lis Technologies. $9.9M Seed. 🇺🇲 Enrichment of uranium via lasers 💰 28 Ventures

🐻 Jeff Eerkens, Co-founder & CTO. Article 

🤖 Skyfire. $8.5M Seed. 🇺🇲  Payments network for AI Agents. 💰 Neuberger Berman, Inception Capital, Arrington Capital 

🐻 Craig DeWitt, Founder. BA Business. PhD in Engineering Science.  Article

💎 Lusix. $1M Extension. 🇮🇱 Lab grown diamonds. 💰 Aaron Frenkel, Gefen Capital 

🐻 Yossi Yayon, Found & CTO. Postdoc Physics. Article

Built By Berkeley Tracker

Events

• Startup World Cup at Berkeley Haas—Startups: Apply here by September 6th, with a live pitch day on September 13th for top applicants.

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.

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