In a week of decreased funding, Coursedog and Graphiant have emerged as the top two companies to secure significant funding rounds. Coursedog, a provider of scheduling and curriculum management software for higher education institutions, raised $4.2 million in a seed funding round led by Bisk Ventures. Graphiant, a provider of data visualization and analytics software for the oil and gas industry, raised $3.5 million in a Series A funding round led by Energy Innovation Capital.
The funding rounds for Coursedog and Graphiant are notable in a week where overall funding activity was down. According to data from Crunchbase, the total amount of funding raised by startups globally in the week ending on August 20th was $1.8 billion, down from $2.9 billion the previous week. The number of funding rounds also decreased, from 313 to 257.
Despite the overall decrease in funding activity, there were still several other notable funding rounds that took place during the week. Here are the top 10:
1. Coursedog – $4.2 million seed round led by Bisk Ventures
2. Graphiant – $3.5 million Series A round led by Energy Innovation Capital
3. Vise – $45 million Series B round led by Ribbit Capital
4. Evidation Health – $153 million Series E round led by OMERS Growth Equity
5. Vantage Robotics – $8 million seed round led by Lux Capital
6. Suki.AI – $20 million Series B round led by Flare Capital Partners
7. Siren – $9 million seed round led by DNX Ventures
8. Locus Robotics – $50 million Series E round led by Tiger Global Management
9. Kandji – $60 million Series B round led by Felicis Ventures
10. Duffel – $30 million Series B round led by Index Ventures
These funding rounds represent a diverse range of industries, from education technology to robotics to healthcare. They also demonstrate that despite the overall decrease in funding activity, there are still investors willing to back promising startups.
For Coursedog and Graphiant, the funding rounds will allow them to continue to expand their businesses and develop new products. Coursedog plans to use the funds to hire more employees and expand its customer base, while Graphiant will use the funds to further develop its software and expand into new markets.
Overall, the funding rounds for Coursedog and Graphiant are a positive sign for the startup ecosystem, demonstrating that even in a week of decreased funding activity, there are still opportunities for promising companies to secure significant investment.
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- Source: Plato Data Intelligence: PlatoData