These 5 Seattle Tech Companies Raised the Most Funding in November

Learn how the companies that secured last month’s largest venture sums are investing the fresh capital.

Written by Ashley Bowden
Published on Dec. 01, 2023
These 5 Seattle Tech Companies Raised the Most Funding in November
A photo of the Seattle skyline is pictured.
Photo: Shutterstock

Spanning an array of industries from big data to agriculture, tech companies in Seattle are fueling their next stages of growth following successful capital raises. November’s highest sum went to a Kirkland-based cybersecurity company. Learn how it’s furthering its tech following a $61 million raise.

Top Seattle Tech Funding Rounds, November 2023

  1. Chainguard
  2. Aigen
  3. AdaptX
  4. Zuplo
  5. Expanso

     

    #5. $7.5 million, November 21

    Big data company Expanso works to help enterprises move large amounts of data, process that data locally and reduce the risk of data breaches. Expanso announced a $7.5 million capital raise from investors including General Catalyst and Hetz Ventures to put toward accelerating the development of its solution.

     

    #4. $9 million, November 8

    Offering an API management solution, Zuplo helps companies launch their APIs faster as well as maintain API security and compliance. The company pulled in a $9 million seed round from lead investor Trilogy Equity Partners.

     

    #3. $10 million, November 1

    AdaptX equips clinicians with software for assessing, improving and managing care across patients, using data from electronic medical records. The company announced a $10 million round of funding led by Cercano Management to fuel growth and advance its AI-driven adaptive clinical management solutions.

     

    #2. $12 million, November 9

    Aigen, which develops AI-driven robotics solutions for the agriculture industry, secured Series A capital spearheaded by ReGen Ventures. The company builds autonomous solar-powered robots made to tackle crop management without using chemicals or fossil fuels. Its venture capital will help it build a 7,500-square-foot manufacturing and R&D facility to build its fleet.

     

    #1. $61 million, November 1

    Headquartered in Kirkland, Chainguard offers companies solutions to help them safely build their platforms using open-source software. Chainguard pulled in a Series B funding round led by Spark Capital that brings its venture funding to $116 million. The money will help the company grow its global go-to-market team, fuel in-product innovation and expand its customer support services.

    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 November 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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