SEC Fundraising Activity ( Dec 2

SEC Fundraising Activity ( Dec 2 – 8, 2024 )

Startups	Crowdfunded	IPOs	Venture Funds
146	24	5	12

All Companies AI tools autonomous technology biotechnology cloud-native platform data analytics digital banking digital healthcare e-commerce financial health support healthcare innovation machine learning medical devices mental health support renewable energy robotics sustainability virtual care

Startup Funding

The startup funding landscape continues to thrive, with a notable emphasis on technology and biotechnology sectors. Companies like X.AI CORP. in Palo Alto, CA, have raised significant amounts, with X.AI securing over $6 billion from 97 investors. Other technology firms, such as AMP Robotics Corp in Louisville, CO, and Lumin Digital, Inc. in San Ramon, CA, are also attracting substantial investments. The biotechnology sector is represented by companies like Gemelli Biotech Corp. in Los Angeles, CA, which raised nearly $24 million. Geographically, California remains a hotspot for funding, with numerous startups based in the Bay Area and Southern California. Other notable locations include Texas, with several companies in Austin and Houston, and a growing presence in cities like Denver and New York. Overall, the diverse range of industries and technologies being funded reflects a robust and dynamic investment environment.

Top Companies

X.AI CORP., Palo Alto, CA
x.ai is a company focused on creating AI tools that assist humanity in its quest for understanding and knowledge.
Offering Amount: $6B, Sold: $6B, Investors: 97

Lumin Digital, Inc., San Ramon, CA
Lumin Digital is a provider of digital banking solutions to financial institutions, offering a best-in-class, cloud-native platform that enhances user adoption, engagement, and growth.
Offering Amount: $175M, Sold: $161.59M, Investors: 16

Cleerly, Inc., Denver, CO
Cleerly Health is a digital healthcare company at the forefront of transforming the approach to treating heart disease.
Offering Amount: $106.31M, Sold: $51.31M, Investors: 10

MatX Inc., Covina, CA
MatX designs hardware tailored for the world’s best AI models. We dedicate every transistor to maximizing performance for large models.
Offering Amount: $95M, Sold: $94.99M, Investors: 12

Pen Technology Inc., Bellevue, WA
PEN-ENT, INC. is a precision welding and fabrication company established in 1999, located in Renton, Washington.
Offering Amount: $76.95M, Sold: $76.95M, Investors: 47

Crowdfunding Offerings

The crowdfunding landscape continues to thrive, with a diverse array of companies seeking to raise capital through SEC filings. Notable participants include Counterdrone Inc. and NightWare, Inc, both offering shares at competitive prices of $0.52 and $1.16, respectively. Other companies like NOMAD Grills Co and X-Silicon, Inc. are also in the mix, with offerings around $0.95 and $2.35 per share. The range of offerings spans various industries, from food and beverage with Yolo Distillers to tech innovations like RTRS Technologies, Inc.. As companies leverage crowdfunding to fuel their growth, investors have a unique opportunity to engage with emerging businesses at various price points, making this an exciting time in the crowdfunding arena.

Top Companies

Counterdrone Inc., West Jordan, UT
CounterDrone specializes in innovative drone agnostic docking stations, specifically the OmniDock.
Offering Amount: $123,999.72

NightWare, Inc, Hopkins, MN
NightWare, Inc. is the developer of a prescription digital therapeutic system aimed at improving the sleep of adults aged 22 and older who suffer from Nightmare Disorder or nightmares related to post-traumatic stress disorder (PTSD).
Offering Amount: $123,999.36

NOMAD Grills Co, Dallas, TX
NOMAD Grills, LLC specializes in portable charcoal barbecue grills and smokers designed for outdoor fun.
Offering Amount: $123,998.75

X-Silicon, Inc., Oceanside, CA
X-Silicon is developing a compute/graphics silicon platform intended to advance Personal Cognitive and Intelligence AI applications on mobile, wearable, edge, and IoT devices.
Offering Amount: $123,997.75

EndoSure, Inc., Sparks Glencoe, MD
EndoSure, Inc. was created to support physicians in the diagnosis of endometriosis through a unique non-invasive test.
Offering Amount: $123,997.5

IPOs

The IPO landscape is witnessing a diverse array of companies preparing to enter the public market, reflecting a mix of industries and innovative financial structures. Notable filings include Humble Energy, Inc. from New York, which is looking to offer 500 million shares, and RedHawk Acquisition I Corp. from Scottsdale, AZ, which plans to issue 6 million shares at $0.75 each, subject to specific regulatory conditions. Additionally, Stellar V Capital Corp. is set to offer units and warrants, while WisdomTree XRP Fund aims to provide investors with exposure to XRP through an exchange-traded fund. The variety in offerings highlights the dynamic nature of the current IPO market as companies seek to capitalize on investor interest.

Top IPOs

Humble Energy, Inc., New York, NY
Humble Energy, Inc. is an oil and gas company that recently acquired PanMeridian KS Holdings, LLC. The company operates primarily in the energy sector, focusing on oil and gas exploration and production.
Offering: Tier 2 Offering, Securities Offered 500000000, Offering Amount 500000.00

RedHawk Acquisition I Corp., Scottsdale, AZ
RedHawk Acquisition I Corp. is a shell company incorporated in the State of Nevada on December 13, 2023.
Offering: RedHawk Acquisition I Corp. is offering 6,000,000 newly issued shares of its common stock at a price of $0.75 per share on a self-underwritten basis. The offering is subject to Rule 419 and proceeds will be held in escrow until a minimum offering of 4,500,000 shares is achieved.

Flowco Holdings Inc., Houston, TX
Flowco Holdings Inc. is a leading provider of production optimization, artificial lift, and methane abatement solutions for the oil and natural gas industry.

Stellar V Capital Corp., New York, NY
Stellar V Capital Corp. is a blank check company incorporated in the Cayman Islands, focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Offering: Public offering of units, Class A ordinary shares, and public warrants.

WisdomTree XRP Fund, New York, NY
WisdomTree XRP Fund is an exchange-traded fund that aims to provide investors with exposure to the price of XRP. The Trust holds XRP and values its shares daily based on the price of XRP as reflected by an independently calculated Reference Rate.
Offering: The WisdomTree XRP Fund is an exchange-traded fund that issues common shares of beneficial interest, aiming to provide exposure to the price of XRP. The shares will be listed on the Cboe BZX Exchange and will trade under a specific ticker symbol.

Venture Funds

MonCap Fertility Fund, L.P., Boulder, CO
Offering Amount: $75M, Sold: $32.38M, Investors: 24

Amadeus VI Technology Fund LP, Cambridge, X0, United Kingdom
Sold: $71.02M, Investors: 44

GOVFUND US LP, Smyrna, DE
Offering Amount: $50M

ManchesterStory Private Credit SPV I LLC, West Des Moines, IA
Offering Amount: $12M, Sold: $12M, Investors: 5

Heritage Maritime LP, San Diego, CA
Offering Amount: $10.5M, Sold: $10.5M, Investors: 5