Funding for XTC Alumni hits new heights in Q3
XTC is about accelerating the theme that responsible innovation for better purposes makes for great investments. We celebrate the dozen alumni across a wide scope of domains from several XTC challenges who raised over $85M during a tough 3rd quarter.
Merkle Science
2022 Web3 Pitchfest, 2nd Place
- $19M Series A
- Led by K3 Ventures, Darrow Holdings, and BECO Capital
- for crypto risk intelligence, next-gen financial safeguards and criminal detection
Elucidata
2020 Digital Health Finalist
- $16M Series A
- Led by Eight Roads Ventures/Fidelity
- for an AI-enabled cloud platform for structured biomedical data, the “Bloomberg Terminal” of drug discovery
ATLANT3D Nanosystems
2022 Advanced Materials Finalist
- $15M Series A
- Led by West Hill Capital
- for atomic layer advanced manufacturing for electronics
Nexford University
2020 Edtech Finalist
- $8M Series A
- Led by New Markets Venture Partners and LearnCapital
- for the next-gen 100% online university
Bearing.ai
2020 Cleantech Finalist
- $7M Post-Seed Funding
- Led by AI Fund and Mitsui & Co., Ltd.
- for AI-powered operational efficiency in maritime shipping
Genecis Bioindustries
2020 Grand Winner
- $7M Series A
- Led by Khosla Ventures
- for bio conversion of food waste into recyclable industrial plastics
Intelligent Lab on Fiber
2022 Digital Health Finalist
- $4.1 Venture Round
- Led by FABER
- for a cloud-based library of disease biomarkers and profiles using AI and photonics.
Microverse
2022 UNICEF Blue Unicorn Finalist
- $4M Series A
- for a platform allowing student learning like a distributed team in a real company
Instalimb
2020 Digital Health Finalist
- $3.2M Series A
- for expanding into India with affordable and high-quality 3D printed prosthetics.
Hillridge Technologies
2021 Co-Grand Winner
- $1.5M Seed Funding
- Led by Artesian VC and InterValley Ventures Pty Ltd
- for blockchain-enabled parametric insurance platform
Pixxel Space
2021 Co-Grand Winner
- Venture Series Funding
- Led by Accenture Ventures
- for a constellation of hyperspectral Earth-imaging satellites
AID:Tech
2020 Enabling Tech Finalist
- Venture Series Funding
- for digital identity solutions that users own, control and manage, helping legal identity, financial inclusion, anti-corruption