Pre-seed raises raising the roof

Sep 4, 2024

Kaley Ubellacker

Market Stirrings 🚩

Here's what the week looked like in pre-seed:

$20.2M

Total Amount Raised

11

Total Funding Rounds

$1.9M

Average Dollars per Round

$6.1M-$18.4M

Estimated Valuation Range

Data aggregated from proprietary research and Crunchbase; valuation estimate based on 10-20% ownership stake.

Fire Up the Pre-Seeds🔥

Highlights from this week’s pre-seed raises:

Climate Tech

Deep Fission - An underground operation. 
Deep Fission raised $4 million led by 8VC. Deep Fission is placing nuclear reactors a mile underground to reduce costs while enhancing safety, sustainability, and efficiency.

Fintech

Ark Labs - Putting Bitcoin where its mouth is.
Ark Labs raised $2.5 million led by Draper Associates. Ark Labs is creating a platform for seamless Bitcoin payments, making them faster and lower cost.

SatLayer - A platform for idle hands.
SatLayer raised $8 million led by Castle Island Ventures and Hack VC. SatLayer is developing a platform designed for those holding idle Bitcoin to secure the ecosystem and earn additional rewards.

Artificial Intelligence

Flikforge - Supporting the struggling AI-rtists.
Flikforge raised $167k at an $8 million pre-money valuation from Microsoft. Flikforge is creating a platform to create and monetize gen-AI-powered content, providing a “Universal ID” for content used to train AI platforms.

Harmonyze - Franchises of the future.
Harmonyze raised $2 million led by Bowery Capital. Harmonyze is developing custom AI agents to be the middle-man between franchisors and franchises, enhancing operational efficiency and reducing the administrative workload.

Saner.AI -An unforgettable aid.
Saner.AI raised $120k from Techstars. Saner.AI is building an AI-powered notes app designed for entrepreneurs with ADHD to capture and consolidate thoughts.

Outro🚪

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