Sectors including greentech, robotics and more are flush with fresh capital following a lucrative September. A company in the cybersecurity space closed out the month with Austin’s highest venture capital raised. Check out which names in tech raised money and how they plan to spend it.
Top Austin Tech Funding Rounds, September 2023
- HiddenLayer
- Diligent Robotics
- CertifID
- Tquila Automation
- Yotta Solar
#5. $8 million, September 19
Yotta’s green technology incorporates solar, energy storage and electric vehicle charging solutions into commercial buildings. The company announced an $8 million round led by Evergy Ventures to expand its manufacturing capabilities and deploy its SolarLEAF battery technology.
#4. $20 million, September 26
Backed by a round of Series A funding led by Delta-v Capital, Tquila automation plans to fuel growth and product development. The company serves the healthcare sector with intelligent automation solutions to help streamline operational workflows in hospitals, clinics and insurance companies.
#3. $20 million, September 12
CertifID helps protect companies against wire fraud, ensuring banking and identity details of real estate transactions are verified. The company announced a Series B capital raise led by Arthur Ventures that will help CertifID continue developing its products and scaling operations amid growing demand for its solutions.
#2. $25 million, September 21
The company developed the Moxi robot, a solution made for delivering supplies, medicines, lab samples and more to non-patient-facing hospital staff. Diligent Robotics secured $25 million in fresh capital to scale its Moxi robot into hospitals across the U.S. as well as further develop its product. Canaan led the company’s latest round.
#1. $50 million, September 19
Operating in the cybersecurity sector, HiddenLayer helps companies protect their artificial intelligence models and assets against attacks, vulnerabilities and malicious code injections. The company secured a round of Series A funding led by M12 that will help Hidden Layer expand its team by 40 more people by the end of the year. It will also funnel investment in go-to-market efforts and its machine learning security solution.
