Top Data Science Funding You Should Know About

Top Data Science Funding You Should Know About

These data science fundings are huge and you must know about them!!
The data science field is an ever-evolving industry that sees many start-ups growing up every year. Most of these start-ups thrive on major funding from tech giants. Here are some of the top fundings in data science of 2021 that you should be aware of.

 

54gene
Transaction type: Series B

Key investors: Adjuvant Capital, KdT Ventures, Plexo Capital, Endeavor Capital, Ingressive Capital

54gene, a Washington, DC-based health technology company, raised $25M in Series B funding. The round, which brought total funding raised to date to more than $45M since being founded in 2019, was led by Cathay AfricInvest Innovation Fund with participation from Adjuvant Capital, KdT Ventures, Plexo Capital, Endeavor Capital, Ingressive Capital, and others.

 

Flywheel
Transaction Type: Series C

Key Investors: 8VC, iSelect, Argonautic Ventures, Beringea, DrX/Novartis, HPE Pathfinder, Spike Ventures, Key Investments, Seraph, Great North Labs, and others.

Flywheel, the leading biomedical research data management platform announces a $22 million Series C funding round, with more financing expected in the coming weeks, as investors show continued confidence in the company’s growth and market impact.

 

Edge Delta
Amount Raised: US$15M

Transaction Type: Series A

Key Investor(s): Menlo Ventures, Amity Ventures, and others

Edge Delta is a stream processing platform for observability, predicting, and detecting anomalies in operational and security data. The company allows enterprises to use a network of analytics to identify and remediate potential DevOps, IT, operational, and security incidents more accurately.

 

Rome Therapeutics Inc.
Rome Therapeutics Inc., a biotech company focusing on portions of DNA that have been largely overlooked by researchers, raised $77 million in a financing round.

The Cambridge, Massachusetts-based company is exploring DNA sequences that repeat themselves hundreds or thousands of times throughout the human body. Unlike most genes, which have only two copies, repetitive sequences are found in vast stretches of the human genome. Collectively, Rome dubs them the “repeatome.”

 

Vianai Systems, Inc.
Amount Raised: US$140M

Transaction Type: Series B

Key Investor(s): Softbank Vision Fund, 5square, and others

Vianai provides artificial intelligence solutions to its clients. The company aims in defining, maintaining, and delivering different software for industry leaders. It envisions empowering millions of its clients to build machine learning applications and solutions to reach new heights.

 

Pensa Systems
Amount Raised: US$11M

Transaction Type: Series A

Key Investor(s): ATX Venture Partners, Circle K Ventures

Pensa Systems is a provider of autonomous perception systems for retail inventory visibility. The company has created a platform that allows drones to monitor the shelves and alert the retailers in real-time when the product is out of stock or reloaded.

 

PlanetWatchers
Amount Raised: US$3.4M

Transaction Type: Seed

Key Investor(s): Seraphim Capital, Creative Ventures, and others

PlanetWatchers provide SaaS solutions for enterprises, governments, and NGOs to monitor their natural assets across the world. Their advanced geospatial technology combines machine learning algorithms, cloud infrastructure, and multi-source satellite sensors to provide critical information for efficient management.