Browsing: Seed

Stack Health, the Columbus startup founded by former Beam Benefits founder and CEO Alex “Fro” Frommeyer, has raised a $21 million seed round to help small businesses replace traditional group health insurance with employee-owned individual plans.

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are easy to underestimate. They make up a fraction—just 3.65%—of the total federal research and development budget. Their administration is decentralized across 11 federal agencies. Their individual awards have statutory limits of $305,000 for Phase I and $2 million for Phase II—modest…

eComID has raised $17 million in seed funding to expand its Shopping Passport platform globally and build what it describes as a shopper context layer for the next generation of online commerce. Systemiq Capital led the round, with participation from Regeneration.VC, Course Corrected, Stadium and returning investor CapitalT.

Synthetic raises funding through a $10 million seed round led by. Basis Set Ventures also participated in the round, alongside several operator-investors. These include Tobi Lütke of Shopify and Kaz Nejatian of Opendoor. Zach Abrams, Cosmin Nicolaescu and Michael Tannenbaum also joined the investor group.

The Saudi Aramco-backed investor joined Bessemer and Tribeca in funding an AI startup building digital replicas of employees.

African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed round to $52 million. Investors in the round include Joe Lonsdale’s 8VC, Silent Ventures, and Nova Global. 

Terra Industries just closed one of Africa’s largest-ever seed rounds. The defense tech startup announced an additional $18 million in funding today, bringing its total seed to $52 million – a staggering amount for early-stage capital in emerging markets. The round signals growing investor appetite for defense infrastructure in the Global South, a sector that’s…

Corma has raised $60 million in seed funding to build a foundation model specifically for defensive cybersecurity, targeting a widening gap between rapidly advancing AI-powered attacks and the ability of existing security systems to detect and stop them. Sequoia Capital led the financing, with participation from Khosla Ventures and Coatue.