Seattle’s Largest Tech Funding Rounds Totaled $179M+ in July

Learn how the startups that raised last month’s largest venture capital rounds plan to invest their fresh funding.

Written by Ashley Bowden
Published on Aug. 01, 2023
Seattle’s Largest Tech Funding Rounds Totaled $179M+ in July
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The Seattle tech scene was busy last month, as local innovators on the Puget Sound secured fresh rounds of venture funding. From biotech to artificial intelligence, check out how these innovators are growing, and which companies are hiring after their latest raises.

Largest Seattle Tech Funding Rounds, July 2023

  1. Proprio
  2. RISC Zero
  3. CurvaFix
  4. Protect AI
  5. A-Alpha Bio

     

    #5. $22.4 million, July 24

    Synthetic biology and machine learning company A-Alpha Bio works to measure, discover, predict and engineer protein-protein interactions with the goal of improving human health. The company will accelerate its oncology-focused internal pipeline with a Series A2 funding round led by Perceptive Xontogeny Ventures.

     

    #4. $35 million, July 26

    Operating in the artificial intelligence space, Protect AI gives companies visibility into their machine learning environments, and helps them to understand and manage them. The company will scale its sales and marketing teams, go to market activities, R&D and customer success initiatives with its Series A funding led by Evolution Equity Partners.

     

    #3. $39 million, July 17

    Series C funding from lead investor MVM Partners will help medical device developer CurvaFix launch its implant product across U.S. markets. Its tech works to improve fracture repair in curved bones. CurvaFix’s IM Implant product, which helps treat pelvic fractures, recently received FDA clearance. 

     

    #2. $40 million, July 19 

    Blockchain Capital led the latest round of funding for RISC Zero, a company that helps developers build zero-knowledge proof software. Its solution validates transactions while preserving privacy. This Series A will help RISC Zero bring its program to market. The company is also hiring across a range of tech roles.

     

    #1. $43 million, July 27

    Proprio, a company developing AI-based solutions for surgical navigation, raised $43 million in Series B funding to help meet the growing demand for its platform. Paradigm, Proprio’s flagship solution, received FDA clearance earlier this year. The tool uses light field tech and AI to generate real-time 3D visualization of an ongoing surgery.

    Methodology: Built In tracked the largest funding rounds of the month using previous reporting, data from Crunchbase and articles from other publications and companies. This list highlights the five largest funding rounds raised in July by tech companies with a headquarters in Seattle. We only include venture capital and equity raises and do not include debt or post-IPO funding rounds in this list.

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