"Eon - $300M Series D Cloud Infrastructure Eon, an autonomous cloud backup and data resilience platform, has raised $300M in Series D funding led by Gil Capital. Founded by Gonen Stein, Ofir Ehrlich, and Ron Kimchi in 2024, Eon has now raised a total of $497M in reported equity funding."
"Excelsior Sciences - $70M Series A Excelsior Sciences, a platform that applies AI and automated chemistry to simplify small-molecule discovery for accelerating drug development, has raised $70M in Series A funding led by Khosla Ventures, Deerfield Management, and Sofinnova Partners. Excelsior Sciences was founded by Bartosz Grzybowski, Jana Jensen, Martin Burke, and Michael Foley in 2024."
"PermitFlow - $54M Series B Construction Tech PermitFlow, an AI-powered permit application and management platform for the construction industry, has raised $54M in Series B funding led by Accel. Founded by Francis Thumpasery and Samuel Lam in 2021, PermitFlow has now raised a total of $90.5M in reported equity funding."
"Fin - $17M Series A Fin, a stablecoin payment platform for high-value transactions, has raised $17M in Series A funding led by Pantera Capital. Fin was founded by Ian Krotinsky and Aashiq Dheeraj in 2022."
Several New York City startups closed notable funding rounds across cloud infrastructure, AI-driven drug discovery, construction technology, and crypto payments. Eon raised $300M in a Series D led by Gil Capital, bringing reported equity to $497M. Excelsior Sciences secured $70M in Series A from Khosla Ventures, Deerfield Management, and Sofinnova Partners to accelerate AI and automated chemistry for small-molecule discovery. PermitFlow raised $54M Series B led by Accel, totaling $90.5M to date. Fin obtained $17M Series A led by Pantera Capital for a stablecoin payment platform. IMTC raised $12M Series A led by Nyca Partners for fixed-income portfolio and order management.
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