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- 💰The Funding Letter #1798: November 12
💰The Funding Letter #1798: November 12
Genspark, Valar Atomics, Majestic Labs, and more...
Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Fireworks, Metropolis, and Procurement Sciences below!
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🌎 Americas
Genspark develops an AI agent engine that enables smarter and more dynamic search experiences, enabling users and businesses to find information faster and more effectively. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $200M, Series B
Round Investors: LG Technology Ventures (lead), SBI Investment (lead)
🚀Growth Focus: Expand globally with new offices in Singapore and Japan, preparing to launch an enterprise-focused AI agent product.
HQ: Palo Alto, CA
Industry: Software Development
Employee Count: 23 (⚡77% increase in last 6 months)
Valar Atomics operates an atomic energy company that creates abundant and cheap gas out of thin air using atomic energy, allowing industries to take advantage of energy density and existing infrastructure to access energy. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $130M, Series A
Round Investors: Day One Ventures (lead), Dream Ventures (lead), Snowpoint Ventures (lead), John Donovan
🚀Growth Focus: Accelerate its work on advanced microreactors, marking one of the most significant funding milestones in the nuclear energy startup space.
Press: CNBC, techstartups.com
HQ: El Segundo, CA
Industry: Oil and Gas
Employee Count: 45 (⚡15% increase in last 6 months)
Rion provides a biologics platform that improves the consistency of benefits and patient access, enabling the medical industry with access to cost-effective and reproducible regenerative therapies. View on: LinkedIn.com | Sales Navigator.
New Funding Raised: $15M, Series A
Round Investors: Alamo Pintado Equine Medical Center (lead)
🚀 Growth Focus: Launch RION Vet to transform animal health with a first-in-class biologic therapeutic.
Press: Business Wire, Yahoo Finance
HQ: Rochester, MN
Industry: Biotechnology Research
Employee Count: 73
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