These 5 Austin Tech Companies Raised September’s Largest Rounds

Learn how the companies that secured last month’s highest venture funding rounds are investing their fresh capital.

Written by Ashley Bowden
Published on Oct. 02, 2023
These 5 Austin Tech Companies Raised September’s Largest Rounds
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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

  1. HiddenLayer
  2. Diligent Robotics
  3. CertifID
  4. Tquila Automation
  5. 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.

    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 September by tech companies with a headquarters in Austin. 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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