Austin tech companies are building solutions to serve a vast range of industries, from defense tech to financial services. Companies in these sectors and more secured new venture funding rounds last month with plans to fuel growth. Read on to learn how they’re investing.
Top Austin Tech Funding Rounds, April 2024
- Outpost
- Allen Control Systems
- InfiniGods
- Hapax
#4. $2.6 million, April 3
RHS Investments led a $2.6 million round of funding for Hapax, a company offering AI solutions for the financial services industry. Its platform, which works to bridge information access gaps between large institutions and smaller banks, is currently in beta with 20 banks.
#3. $8 million, April 25
Mobile gaming company InfiniGods recently pulled in $8 million from lead investor Pantera Capital. The company’s solutions work to streamline the integration of blockchain technology into mobile gaming platforms. The funding help InfiniGods further its goal of making Web3 mobile gaming more inclusive and accessible.
#2. $12 million, April 18
Defense tech company Allen Control Systems, or ACS, raised a $12 million seed round from lead investor Craft Ventures. The company develops robotic technology to neutralize lethal military drones. Its fresh capital will go toward engineering its novel solution.
#1. $12.5 million, April 23
Outpost operates a network of managed parking facilities for semi-trucks. The company secured a round of Series A funding that will enable it to deploy a technology platform that lets trucking companies manage reservations online, monitor equipment and more. Outpost also plans to grow the number of properties it manages in 2024.
