The Austin tech scene had a lot going on last week with a company rebranding, several funding announcements and more. This is the Built In Austin weekly refresh.
Yotta Energy got $13M. Yotta Energy works on module-level energy storage and has developed an end-to-end solar and storage solution. The fresh funding will be used to expand its products and expand product deployments across the U.S. and Latin America. [Solar Builder Magazine]
BrainCheck raised $10M. The cognitive healthcare platform raised $10 million in a Series B funding round, bringing the company’s total funding total to $20 million. BrainCheck allows physicians to facilitate assessments in-person or remotely to get impressions of cognitive functions in order to better care and manage cognitive impairments such as Alzheimer’s disease and other forms of dementia. [Built In Austin]
AUSTIN TECH QUOTE OF THE WEEK
Colorcast gained $1.5M. The sports audio app allows people to provide live sports commentary, similar to Clubhouse, but features more live sports and sports talk shows, with the options to pause, rewind and fast-forward. The company expects more funding to come following the pre-seed round, but for now, plans to use the pre-seed funding to hire additional staff. [Built In Austin]
Procore acquired Levelset. Procore, the company that provides construction management software, acquired Levelset for $500 million. Levelset is a payment platform ensuring speedy and consistent payment and paperwork within the construction industry. The acquisition will lead to growth in products and the team. The two companies are actively hiring dozens of positions. [Built In Austin]
Aunt Bertha rebranded. Aunt Bertha has rebranded to findhelp. The company will continue to operate as the search and referral platform for social services, and is considered one of the “most active” and “largest” social service network. The rebrand amis to ensure those seeking care and organizations understand the company’s mission. [PR Newswire]
