More than $67 million was raised by Brooklyn startups since September - Technical.ly Brooklyn

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Jan. 10, 2017 1:32 pm

More than $67 million was raised by Brooklyn startups since September

Twenty-one funding rounds of note.
DUMBO Reflector on display at Brooklyn Bridge Park, October 2016.

DUMBO Reflector on display at Brooklyn Bridge Park, October 2016.

(Photo courtesy of Julienne Schaer)

Brooklyn startups raised more than $67 million since the beginning of September, according to a scouring of public records we just completed.

While this number was subject to some judgment over what was a tech company (most manufacturing and financial companies were left out, as they tend to be more “small business” than “startup”) it gives us a good idea of the robustness of the startup market over the last four months or so.

Nearly all the names here are new ones to us here at Technical.ly Brooklyn, and many of them do not even have a public-facing website set up yet.

Seed and pre-seed rounds were most numerous, with 13 of the 21 raises (62 percent) coming in at under $2 million.

Here’s who put moolah in the coolah last quarter:

$10M+

Nanotronics Imaging: $24.4 million

Tinybop: $10.7 million

$5M-$10M

Futurism, LLC: $6 million

$1M-$5M

Zipari: $4 million

SoFive: $3.5 million

Tipo Entertainment: $3.2 million

Kemoko: $2.6 million

Radiator Labs: $2.4 million

Simple Health Ventures: $1.8 million

Aerobo: $1.7 million

Spotfund: $1.3 million

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Zipster: $1.2 million

NexHealth: $1.2 million

Bustr: $1.1 million

$500,000-$1M

Smart Alec: $615,000

  • Smart Alec seems to be a rebrand of Quedify, an on-demand tutoring app we covered in 2015.

Mouth Foods: $536,000

Meural: $500,000

Under $500,000

CMP Scientific Corp: $300,000

Civilized Cycles: $260,000

Metripol Corp: $217,000

Tabu Health: $100,000

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