Built By Berkeley - Week of 8th July 2024

6 Berkeley Companies Raised $31M 💰

July 15, 2024

Welcome to the inaugural 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. 🐻

Summary by the #️⃣ & 💰:

  • 6 Berkeley-founded companies funded

  • $31M of capital raised from the 8th to 13th July

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Closed Rounds

Seismos - $15M Growth Round

📍 Austin

🔕  Acoustic sensing, applicable to the energy and cleantech industries

🐻  Panos Adamopoulos, CEO - Haas MBA

💵: Edison Partners

The Lasso - $9.8M Seed

📍 New York

🕋 Consumer-driven auction to sell your car to a network of dealerships

🐻  Nate Mihalovich, CEO - B.A. Political Economy

💵: Liquid 2, Manresa, Ritual 

Jacobi Robotics - $5M Seed

📍 Berkeley

🤖 Software building blocks for robot arms

🐻 Max Cao, CEO - Mechanical Engineering. Yahav Avigal, Co-founder - PhD AI & Robotics. Ken Goldberg - Professor in Robotics

💵: Moxxie, Foothill, The House Fund, Courtyard Ventures

CO280 - Unknown Growth Round

📍 Vancouver

🏗️ Carbon negative project developer

🐻 Natalie Khtikian, Co-founder and Chief Commerical Officer - B.a. Literature

Ampleforth - $1M Purchase of Crypto

📍 San Francisco

💰 AMPL is a price-stable but supply-volatile cryptocurrency that targets the CPI-adjusted dollar

🐻 Evan Kuo, CEO - B.s. Mechatronics, Robotics, and Automation Engineering

💵: Coinbase

Image of the Week:

Research from Pitchbook in 2023 shows that Berkeley is the #️⃣ 1 university globally, with 1,305 venture-backed companies founded over the last decade.

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 have an announcement? Please 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 you 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.