Funded Startups in Evanston
Across the 21 most recent funded rounds listed for Evanston, the largest disclosed amount is BloXroute Labs’ $70M (2022-04-12), which dwarfs the next-large…
Across the 21 most recent funded rounds listed for Evanston, the largest disclosed amount is BloXroute Labs’ $70M (2022-04-12), which dwarfs the next-largest disclosed entries in this slice (for example, Naurex at $38M on 2022-05-25 and MightyNest at $35M on 2020-11-03). At the other end, the smallest disclosed amount is Nyck AI’s $250K (2026-05-04), sitting far below most disclosed rounds (e.g., GuardianVets at $150K on 2023-07-13 is also low, but not below $250K).
The geography is mostly Evanston, Illinois, but the list also includes Evanston, Wyoming for Aionics (though dated as 2024-05-20) and Wyoming Hyperscale (2024-01-03), indicating the same city name can mask different states. Timing is also clustered: several disclosed rounds fall in 2022 (e.g., BloXroute Labs $70M on 2022-04-12; Naurex $38M on 2022-05-25), while the newest dated entry is Nyck AI on 2026-05-04 and the oldest is MightyNest on 2020-11-03. Stage and disclosure mix skew toward missing details: “undisclosed” appears 3 times (QuesTek Innovations on 2026-04-21; The Cradle on 2024-07-16; Beghou Consulting on 2023-05-10), and “Series Unknown” appears 10 times, meaning half the entries lack a clear stage label.
Most recent rounds
21 shownRelated listings
Frequently asked
What does the largest disclosed round look like versus the rest of the Evanston list?
BloXroute Labs’ disclosed $70M on 2022-04-12 is the clear top figure in this 21-row slice, well above Naurex’s $38M on 2022-05-25 and MightyNest’s $35M on 2020-11-03. The low end is Nyck AI’s $250K on 2026-05-04, alongside other small disclosed rounds like GuardianVets at $150K on 2023-07-13.
Are there meaningful time clusters in the most recent funded rounds?
Yes. Multiple large disclosed rounds concentrate in 2022, including BloXroute Labs $70M (2022-04-12), BriteCo $9M (2022-04-06), and Naurex $38M (2022-05-25). In contrast, the newest dated entry is 2026-05-04 (Nyck AI at $250K), while the list’s oldest dated entry is 2020-11-03 (MightyNest at $35M).
Which geography appears most in the data, and is there any same-name city ambiguity?
Most entries are labeled Evanston, Illinois (e.g., Nyck AI on 2026-05-04; HIDENN-AI on 2026-04-17; Synapse Health on 2023-09-12). However, Evanston, Wyoming appears for Aionics (2024-05-20 at $5M) and Wyoming Hyperscale (2024-01-03 at $400K), so city-name matching can hide state differences.
How much of the list lacks a defined stage or disclosed amount, and how would that affect analysis?
Stage labeling is often missing: “Series Unknown” appears 10 times (e.g., The Cradle on 2024-07-16 and Synapse Health on 2023-09-12), while “undisclosed” amounts appear 3 times (QuesTek Innovations on 2026-04-21; The Cradle on 2024-07-16; Beghou Consulting on 2023-05-10). That means comparisons of stage mix or investment sizing will be sensitive to how analysts filter to disclosed amounts only.
Are any sectors over-represented, or do you see a distinct sector/outlier profile?
Biotechnology shows up repeatedly: Rhaeos (2023-10-09 at $2M), Aptinyx (2022-11-03 at $6M), Stemloop (2022-10-18 with undisclosed amount), and Naurex (2022-05-25 at $38M). Meanwhile, the outlier sizing is driven more by specific companies than sector breadth, since the single largest disclosed amount is content/commerce-adjacent via BloXroute Labs ($70M on 2022-04-12) rather than biotech.
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