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. 🐻
Cal Cafe: Looking to hang with Berkeley Founders & Funders - look no further than this Thursday morning for an event hosted by Canvas Ventures, Thomvest & Swift Ventures for coffee and bagels. The event is 8.30am-10.30am this Thursday in SF at South Park this Thursday.
Betting Markets & the Election: Who knows who is going to win the election, but the fascinating story has been the betting markets, where the odds have been shifting significantly over the last few months. This is the first election where you are able to bet on the ballot in the U.S., and this is causing some gyrations in the odds, including the emergence of a ‘French Whale’ who has placed $30M on Trump to win. It seems to me that these markets are not very liquid, so large bets can materially move the odds over time.
Sports betting in general is relatively new to the U.S., with a Supreme Court ruling in 2018, but it has grown like wildfire. Last year, 26% of U.S. adults bet $23 billion on the Super Bowl—just for one game!
Summary by the #️⃣ & 💰:
10 Berkeley-founded companies funded
$259M of capital raised from the 28th October to 3rd November
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Acquired
💎 Lusix. $4M Acquisition 🇮🇱 Lab-grown diamonds. 💰 Undisclosed
🐻 Yossi Yayon, Founder & CTO. Post Doc Physics. Article
Closed Rounds
🧠 Axonis Therapeutics. $115M Series A 🇺🇸 Neurological disorder therapies. 💰 Hatteras Venture Partners, Iaso Ventures, International Spinal Research Trust
🐻 Corey Goodman, Chairman. PhD Philosophy. Article
🚗 Blacklane. $65.7M Series G 🇩🇪 Luxury chauffeur services. 💰 Mercedes-Benz Group, Sixt Rent a Car, TASARU Mobility Investments
🐻 Jens Wohltorf, Co-founder & CEO. Haas, Finance Marketing, International Management. Article
🤖 Diligent Robotics. $44.3M Series B 🇺🇸 AI-based robot assistants. 💰 10X Capital, Canaan Partners, Correlation Ventures
🐻 Vivian Chu, Co-Founder & CTO. EECS
🏦 Casap. $8.5M Funding Round 🇺🇸 Case management platform to automate disputes. 💰 Alloy Labs, Commerce Ventures, Lightspeed Venture Partners
🐻 Shanthi Shanmugam, CEO. BS EECS. Article
🧘 CredibleMind. $7.5M Series A 🇺🇸 Digital mental health platform. 💰 Evolve Ventures
🐻 Deryk Van Brunt, CEO. PhD Public Health. Article
🧬 Vitra Labs. $5.9M Funding Round 🇺🇸 IVF technology development. 💰 Boom Capital Ventures, Breakout Ventures, Cantos Ventures
🐻 Ivana Muncie-Vasic, CEO & Founder. PhD Bioengineering. Article
❄️ Transaera. $5.6M Funding Round 🇺🇸 Energy-efficient cooling systems. 💰 Avesta Fund, Climate Capital, Energy Impact Partners
🐻 Mircea Dinca, Co-founder & Chief Scientific Advisor. PhD Chemistry. Article
🧪 Sepragen. $5M Corporate Funding 🇺🇸 Biotech manufacturing tools. 💰 National Science Foundation
🐻 Vinit Saxena, Founder & CEO. Haas MBA. Article
🌐 BuzzAR. $1.2M Funding Round 🇸🇬 Augmented reality for retail. 💰 Enterprise Singapore, F50, HSBC Holdings
💬 Babblebots.ai. Undisclosed Funding Round 🇺🇸 AI-powered recruitment platform. 💰 BonBillo
🐻 Roli Gupta, CEO & Founder. Haas MBA
Built By Berkeley Tracker
Date Built By Berkeley Started | Companies Funded | Total Raised ($M) |
7/8/24 | 165 | 13,779 |
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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