FundedIQ

Funded Startups in Albany

The 16 most recent funded rounds across cities named Albany span four U.S.

The 16 most recent funded rounds across cities named Albany span four U.S. states — New York, Oregon, California, and Georgia — with Albany, New York accounting for the majority of activity. The largest disclosed round in this set belongs to Agility Robotics ($150M Series B, Albany, Oregon, April 2022), followed by FirstLight's $120M raise (Albany, New York, October 2024) and Slingshot AI's $53M Series A (Albany, New York, July 2025).

Albany, New York shows notable sector breadth: recent rounds touch artificial intelligence (Slingshot AI, Recast), biotechnology (Ecovative Design, which reached Series E in 2023), food and beverage (MyForest Foods), energy (Lynkwell), and financial services (NODE40). Stage distribution runs from a $350K seed for re:Charge-e to growth-stage closes, and several rounds carry undisclosed amounts or an unspecified series designation. Rounds are spread across a roughly four-year window from mid-2021 through mid-2025.

Most recent rounds

16 shown

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Frequently asked

What are the largest disclosed funding rounds across Albany-area companies in this data?

The three largest are Agility Robotics at $150M Series B (Albany, Oregon, April 2022), FirstLight at $120M (Albany, New York, October 2024), and Slingshot AI at $53M Series A (Albany, New York, July 2025). Ecovative Design and Lynkwell each raised $30M, both in 2023.

Does this listing cover only Albany, New York, or multiple cities named Albany?

The 16 rows span four states. Albany, New York accounts for the majority of companies. The others are Agility Robotics in Albany, Oregon ($150M Series B), Carbon Collective in Albany, California ($2M Seed), and Albany Area Primary Health Care in Albany, Georgia (undisclosed amount).

Which sectors are seeing active investment in Albany, New York specifically?

Albany, NY companies in this set cover artificial intelligence (Slingshot AI, Recast), biotechnology (Ecovative Design), food and beverage (MyForest Foods), energy (Lynkwell), financial services (NODE40), data analytics (FirstLight), and health care (Center for Disability Services), among others. No single sector dominates the recent rounds.

What is the most recent funding event in this data?

Slingshot AI, an AI company based in Albany, New York, closed a $53M Series A on July 22, 2025, making it the most recent round in these 16 records.

Are there any late-stage companies in this set?

Ecovative Design reached Series E with a $30M raise in June 2023 — the most advanced disclosed stage in this data. Agility Robotics completed a Series B at $150M in April 2022. No Series C or Series D rounds appear in these 16 rows.

What deal sizes are typical among Albany, New York companies here?

Among Albany, NY companies with disclosed amounts, rounds range from $350K (re:Charge-e Seed, 2023) to $120M (FirstLight, 2024). Most raises cluster between $2M and $30M, with FirstLight and Slingshot AI as the clear high-end outliers.

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