The Weekly Notable Startup Funding Report: 9/22/25 – AlleyWatch

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 9/20/25 featuring funding details for Groq, Divergent, MarqVision, and twenty other deals representing $3.3B in new funding that you need to know about.

Figure – $1.0B

San Jose-based Figure is an AI robotics company that develops autonomous general-purpose humanoid robots. Founded by Brett Adcock in 2022, Figure has now raised a total of $1.9B in total equity funding and is backed by Align Ventures, Brookfield Asset Management, Intel Capital, LG Technology Ventures, Macquarie Capital, NVIDIA, Parkway Venture Capital, Qualcomm Ventures, Salesforce, T-Mobile Ventures, and Tamarack Global.

CodeRabbit – $60.0M

Walnut Creek-based CodeRabbit offers software tools that perform automated code reviews using artificial intelligence. Founded by Guritfaq Singh, Harjot Gill, and Vishu Kaur in 2023, CodeRabbit has now raised a total of $79.6M in total equity funding and is backed by CRV, Engineering Capital, Flex Capital, Harmony Partners, NVentures, Pelion Venture Partners, and Scale Venture Partners.

MarqVision – $48.0M

Los Angeles-based MarqVision provides an AI-powered managed service platform to help brands remove counterfeits from online marketplaces. Founded by Mark Lee in 2020, MarqVision has now raised a total of $94.3M in total equity funding and is backed by Altos Ventures, Atinum Partners, Coral Capital, HSG, Peak XV Partners, Salesforce Ventures, and Y Combinator.

WorkFusion – $45.0M

New York-based WorkFusion provides AI agents that automate financial crime compliance and back-office operations. Founded by Andrew Volkov, Max Yankelevich, and Mikhail Abramchyk in 2009, WorkFusion has now raised a total of $386.3M in total equity funding and is backed by Adam Famularo, Chubb, Declaration Partners, George John, Georgian, Hawk Equity, Konrad Investments, NGP Capital, Serengeti Asset Management, SVB Capital, and Teralys Capital.AlleyWatch broke the news in an exclusive covering the round and much more – WorkFusion Raises $45M to Scale AI Agents for Financial Crime Compliance Operations

SEON – $80.0M

Austin-based SEON is the command center for fraud prevention and AML compliance that enriches data, provides context and directs action. Founded by Bence Jendruszak and Tamas Kadar in 2017, SEON has now raised a total of $187.8M in total equity funding and is backed by Creandum, Firebolt Ventures, Hearst Ventures, IVP, and Sixth Street Growth.

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Doctronic – $20.0M

New York-based Doctronic is the #1 AI doctor delivering secure, accurate, and instant medical guidance & seamless access to licensed physicians 24/7. Founded by Adam Oskowitz and Matt Pavelle in 2024, Doctronic has now raised a total of $25.0M in total equity funding and is backed by Fei-Fei Li, Jay Desai, Lightspeed Venture Partners, MANTIS Venture Capital, Scott Belsky, Seven Stars, Tusk Venture Partners, and Union Square Ventures.

Invisible Technologies – $100.0M

San Francisco-based Invisible Technologies provides systems and human expertise for developing, training, and deploying artificial intelligence. Founded by Francis Pedraza in 2015, Invisible Technologies has now raised a total of $107.9M in total equity funding and is backed by Acrew Capital, BACKED VC, BY Venture Partners, Deepwater Asset Management, Freestyle Capital, Greycroft, HOF Capital, Princeville Capital, Rocketeer Management, Tallwoods Capital, and Vanara Capital.

Dyna Robotics – $120.0M

Redwood City-based Dyna Robotics develops advanced robotic manipulation models to automate repetitive and stationary tasks. Founded by Jason Ma, Lindon Gao, and York Yang in 2024, Dyna Robotics has now raised a total of $143.5M in total equity funding and is backed by Amazon Industrial Innovation Fund, CRV, First Round Capital, LG Technology Ventures, NVentures, RoboStrategy, Salesforce Ventures, Samsung NEXT, and Trajectory Ventures.

Divergent – $250.0M

Torrance-based Divergent is a developer of Divergent Adaptive Production System a software-hardware solution to replace traditional vehicle manufacturing. Founded by Kevin Czinger in 2013, Divergent has now raised a total of $843.0M in total equity funding and is backed by Rochefort.

Phia – $8.0M

New York-based Phia is AI-powered shopping agent that provides a tool for online shoppers to compare prices and discover better deals. Founded by Phoebe Gates and Sophia Kianni in 2022, Phia has now raised a total of $8.6M in total equity funding and is backed by Desiree Gruber, Hailey Bieber, Kleiner Perkins, Kris Jenner, Michael Rubin, Sara Blakely, and Sheryl Sandberg.

Chestnut Carbon – $90.0M

New York-based Chestnut Carbon develops and manages reforestation and afforestation forestry projects that generate carbon removal credits. Founded by Ben Dell in 2022, Chestnut Carbon has now raised a total of $450.0M in total equity funding and is backed by CPP Investments.

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PayNearMe – $50.0M

Santa Clara-based PayNearMe provides a web and mobile-based cash payments platform designed to facilitate online purchases and bill payments. Founded by Danny Shader in 2009, PayNearMe has now raised a total of $155.7M in total equity funding and is backed by AVP.

Tabs – $55.0M

New York-based Tabs is the first AI Driven Revenue Automation Platform for B2B Finance. Founded by Ali Hussain and Deepak Bapat in 2023, Tabs has now raised a total of $92.0M in total equity funding and is backed by General Catalyst, Lightspeed Venture Partners, Primary Venture Partners, and World Innovation Lab.

Spara – $15.0M

New York-based Spara offers a GTM AI Agent Platform automating lead engagement, qualification, and conversion across channels. Founded by Alexander Pease and David Walker in 2023, Spara has now raised a total of $15.0M in total equity funding and is backed by FJ Labs, Inspired Capital Partners, Radical Ventures, Remarkable Ventures, and XYZ Venture Capital.

Lila Sciences – $235.0M

Cambridge-based Lila Sciences creates a scientific superintelligence platform and autonomous labs for life sciences, chemistry, and materials science. Founded by Molly Gibson and Noubar Afeyan in 2023, Lila Sciences has now raised a total of $435.0M in total equity funding and is backed by Abu Dhabi Investment Authority, Altitude Life Science Ventures, Alumni Ventures, ARK Venture Fund, Braidwell, Collective Global Management, Common Metal, Flagship Pioneering, General Catalyst, March Capital, Modi Ventures, NGS Super, State of Michigan Retirement System, and The Mathers Foundation.

Arch – $52.0M

New York-based Arch digitally manages private investment operations for investors and investment advisors. Founded by Jason Trigg, Joel Stein, and Ryan Eisenman in 2018, Arch has now raised a total of $77.5M in total equity funding and is backed by Craft Ventures, Menlo Ventures, Oak HC/FT, and Quiet Capital.

Hubble Network – $70.0M

Las Vegas-based Hubble Network is a developer of a satellite-powered Bluetooth network that enables devices to connect regardless of cellular reception. Founded by Alex Haro, Ben Wild, John Kim, and Josh Barnes in 2021, Hubble Network has now raised a total of $90.5M in total equity funding and is backed by Marc Weiser, Mike Farley, Ryan Swagar, Tom Gonser, Tuff Yen, and Y Combinator.

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Groq – $750.0M

Mountain View-based Groq provides a platform and hardware infrastructure designed for AI inference workloads. Founded by Jonathan Ross in 2016, Groq has now raised a total of $1.8B in total equity funding and is backed by 1789 Capital, Altimeter, BlackRock, Cisco Investments, D1 Capital Partners, Deutsche Telekom Strategic Investments, Disruptive, Infinitum Partners, Neuberger Berman, and Samsung Catalyst Fund.

Splash Financial – $70.0M

Cleveland-based Splash is an AI-enabled lending marketplace that connects borrowers with partner lenders to offer a variety of financing products. Founded by Steven Muszynski in 2013, Splash Financial has now raised a total of $130.9M in total equity funding and is backed by Curql, First Tech Federal Credit Union, Grand Oaks Capital, and The O.H.I.O. Fund.

Curated For You – $8.3M

Houston-based Curated For You is an e-Commerce platform that offers customer intelligence for online businesses. Founded by Katherine Aucoin and Mary Brendza in 2022, Curated For You has now raised a total of $14.2M in total equity funding and is backed by Acronym Venture Capital, Dundee Venture Capital, Dynamism Capital, Florida Funders, Mudita Venture Partners, and Stage 2 Capital.

Modern Animal – $46.0M

Los Angeles-based Modern Animal is an innovative veterinary platform building a new kind of veterinary experience for animals and humans. Founded by Ben Jacobs and Steven Eidelman in 2019, Modern Animal has now raised a total of $210.0M in total equity funding and is backed by Addition, Founders Fund, True Ventures, and Upfront Ventures.

Nalu Medical – $50.0M

Carlsbad-based Nalu Medical is a medical technology company that offers neurostimulation system designed to treat chronic nerve pain. Founded by Daniel Pivonka, Lee Hartley, and Mike Partsch in 2014, Nalu Medical has now raised a total of $250.9M in total equity funding and is backed by Trinity Capital.

RegScale – $30.0M

Mclean-based RegScale delivers continuous compliance automation for heavily regulated industries. Founded by Guy Arieli and Travis Howerton in 2021, RegScale has now raised a total of $51.5M in total equity funding and is backed by Ankona Capital Partners, Hitachi Ventures, M12 – Microsoft’s Venture Fund, SineWave Ventures, SYN Ventures, and Washington Harbour Partners.