LA Startups Raising the Largest Funding rounds in November 2022
Based on data provided by Crunchbase, here are 4 LA Startups raising the largest funding rounds in November 2022.
#4 GoFreight: $23.0M
Crunchbase Description: GoFreight, is a web-based SaaS for international freight forwarders. Since its inception in 2016, GoFreight has helped freight forwarders of all sizes to digitalize their operation and process management, covering all shipping methods from sea to air to land. Through data visualization, automation, freight tracking, instant booking, and quotation, GoFreight makes the once-analog management process significantly efficient and helps freight forwarders to truly benefit from digitalization.
Round: Series A
Investors in the round: Cornerstone Ventures, Flex Capital, Headline, LFX Venture Partners, Mucker Capital, Palm Drive Capital, Red Building Capital
Founding year: 2017
Total funding raised: $30.1M
#3 Xeal: $40M
Crunchbase Description: Xeal provides EV charging solutions for apartments, condos, and workplaces. Xeal offers charging solutions from installation, and cloud-based EV charging management solutions to mobile applications for apartments, condos, and workplaces. Its mobile application provides features to find, track, and reserve the charging points, thereby allowing users to charge their cars from anywhere and for property owners to earn passive income and cut CO2 emissions.
Round: Series B
Investors in the round: Alpaca VC, ArcTern Ventures, Keyframe Capital Partners, Moderne Ventures, Nexus Lab, Ramez Naam, WIND Ventures
Founding year: 2019
Total funding raised: $51M
#2 Bionaut Labs: $43.2M
Crunchbase Description: Bionaut Labs revolutionizes the treatment of central nervous system disorders with its precision medicine treatment modality. By creating a new medical modality of remote-controlled micro-robots called Bionauts, the company can transform the way the biopharmaceutical industry develops treatments, allowing them to engineer the therapeutic index for efficacy and maintain safety. Bionaut Labs is focused on helping patients suffering from debilitating brain diseases who have few available treatment options. The anatomical targeting capabilities of the Bionaut platform make new therapeutic technologies such as gene therapy, CRISPR-Cas9, and oncolytic viruses viable in challenging clinical settings.
Round: Series B
Investors in the round: Bold Capital Partners, Compound, Deep Insight, Dolby Family Ventures, Flucas Ventures, Gaingels, GISEV Family Office, Khosla Ventures, OurCrowd, Public Safety Personnel Retirement System, Revolution, Sixty Degree Capital, Tintah Grace, Upfront Ventures, What If Ventures
Founding year: 2016
Total funding raised: $63.2M
#1 Swell Energy: $120M
Crunchbase Description: Swell Energy is a home energy company that provides smart grid and energy management solutions for homeowners and businesses. The distributed energy and grid solutions provider is accelerating the mass adoption of residential and commercial clean energy technologies by making it easy for consumers to take control of their home energy use, achieve energy security and generate GridRevenue. The company provides homeowners and businesses with financing and educational resources, partnering with trusted local solar + storage companies and top technology providers for seamless, high-quality installations of the best available products. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future distributed energy system.
Round: Series B
Investors in the round: Ares Management, Greenbacker Group, Ontario Power Generation, SoftBank Vision Fund
Founding year: 2014
Total funding raised: $582M