March 2021 Venture Capital Activity Recap: New England Insights
Written on
Chapter 1: Overview of March 2021 Venture Deals
We're back with our second installment of the March 2021 deals summary. According to data from Crunchbase, March was notably bustling in New England, featuring approximately 60 recorded funding rounds. This activity spans from pre-seed to Series E investments, underscoring the vigor of the New England startup and venture capital scene, and perhaps indicating a broader surge in venture capital engagement.
Company Highlights
Section 1.1: Notable Companies Funded
In this section, we will delve into some of the standout companies that secured funding:
- Allonnia
- Location: Boston, MA
- Funding Stage: Series A
- Amount Raised: $20 million
- Fiverity
- Location: Boston, MA
- Funding Stage: Seed
- Amount Raised: $2 million
- Aktis Oncology
- Location: Boston, MA
- Funding Stage: Series A
- Amount Raised: $72 million
- Fortify
- Location: Boston, MA
- Funding Stage: Series B
- Amount Raised: $20 million
As we explore these funding activities further, check out the "Trading Monthly Recap: March 2021 $153,000" video for insights on investment trends.
Section 1.2: Additional Highlights
Continuing with our list of companies that made headlines this month:
- ZwitterCo
- Location: Cambridge, MA
- Funding Stage: Seed
- Amount Raised: $6 million
- Alloy Enterprises
- Location: Somerville, MA
- Funding Stage: Seed
- Amount Raised: $4.3 million
- Connected2Fiber
- Location: Milford, MA
- Funding Stage: Series B
- Amount Raised: $12 million
- VesprSolar
- Location: Somerville, MA
- Funding Stage: Seed
- Amount Raised: $500K
In addition, the "March 2021 Fashion Fix Recap" video provides a look at how various sectors are adapting to current trends.
Chapter 2: The Momentum Continues
More companies that garnered attention this month include:
- MySusu (Johnston, RI, Pre-Seed, Undisclosed)
- 1910 Genetics (Boston, MA, Series A, $22 million)
- Surround Insurance (Cambridge, MA, Seed, $2.6 million)
- Esprezzo (Boston, MA, Seed, $2 million)
This ongoing activity reflects a thriving entrepreneurial spirit in the region, attracting significant investments in various fields.
Subscribe to Storied!
If you’re intrigued by the dynamic world of startups and venture capital, particularly in New England, consider subscribing to Storied! We foster connections among local startups, investors, and mentors to create mutually beneficial relationships. Subscribe through the link below:
Storied Landing Page
Subscribe to our weekly actionable newsletter profiling New England tech startups. We are dedicated to promoting founders and their innovative ventures.
mailchi.mp