Funded Startups in Evanston
Across the 18 most recent Evanston-area entries, the largest disclosed round is BloXroute Labs’ $70M (Series B) dated 2022-04-12, which dwarfs the next-lar…
Across the 18 most recent Evanston-area entries, the largest disclosed round is BloXroute Labs’ $70M (Series B) dated 2022-04-12, which dwarfs the next-largest disclosed amounts of $38M (Naurex, 2022-05-25) and $35M (MightyNest, 2020-11-03). At the low end, the smallest disclosed amount shown is $200K for City Health Tech (dated 2021-05-13), while three entries are smaller “micro-round” disclosures of $400K (Wyoming Hyperscale, 2024-01-03) and $2M (Rhaeos, 2023-10-09).
The list also clusters by time: four disclosed rounds fall between 2024-04-09 and 2024-07-16 (Pinch $4M on 2024-04-09; Milu Health $5M on 2024-03-11; Aionics $5M on 2024-05-20; The Cradle on 2024-07-16 is undisclosed), and several more appear in 2022. Geography stays split between Evanston, Illinois and Evanston, Wyoming (with the only clearly different “Evanston, Wyoming” entries being Aionics and Wyoming Hyperscale), while sectors concentrate in Biotechnology (4 entries: Rhaeos, Aptinyx, Stemloop, Naurex) and in Health Care (3 entries: Milu Health, Synapse Health, City Health Tech).
Most recent rounds
18 shownRelated listings
Frequently asked
Which disclosed rounds are outliers compared with the rest of the Evanston list?
BloXroute Labs’ $70M (Series B) on 2022-04-12 is the standout outlier; the next-largest disclosed amounts are much lower, including Naurex’s $38M on 2022-05-25 and MightyNest’s $35M on 2020-11-03. On the low end, City Health Tech’s $200K (2021-05-13) is the smallest disclosed amount in the 18 rows.
Do the most recent entries cluster into a narrow time window?
Yes. Four of the dated 2024 rounds span 2024-03-11 through 2024-07-16, including Milu Health ($5M, 2024-03-11), Pinch ($4M, 2024-04-09), Aionics ($5M, 2024-05-20), and The Cradle (undisclosed, 2024-07-16). Additional activity appears in the 2022 window, including multiple large rounds such as BloXroute Labs ($70M on 2022-04-12) and Naurex ($38M on 2022-05-25).
Are Evanston entries concentrated in one geography or split across the two “Evanston” locations shown?
They split between Evanston, Illinois and Evanston, Wyoming. The Wyoming entries are Aionics (Seed, $5M on 2024-05-20) and Wyoming Hyperscale (Series Unknown, $400K on 2024-01-03), while the rest of the named companies are based in Evanston, Illinois (for example Synapse Health $25M on 2023-09-12 and Naurex $38M on 2022-05-25).
What sector mix shows the clearest concentration across these 18 rows?
Biotechnology is the most concentrated sector with 4 entries: Rhaeos ($2M, 2023-10-09), Aptinyx ($6M, 2022-11-03), Stemloop (undisclosed, 2022-10-18), and Naurex ($38M, Series B, 2022-05-25). Health Care also clusters with 3 entries: Milu Health ($5M, 2024-03-11), Synapse Health ($25M, 2023-09-12), and City Health Tech ($200K, 2021-05-13).
How heavy is the list on early-stage vs. “Series Unknown” vs. “undisclosed” amounts?
Stage labels vary, with at least 6 entries marked “Series Unknown” (including Synapse Health on 2023-09-12 at $25M and GuardianVets on 2023-07-13 at $150K) and 2 entries with blank stage fields (Milu Health on 2024-03-11; City Health Tech on 2021-05-13). Undisclosed round amounts appear 3 times: The Cradle (undisclosed, 2024-07-16), Beghou Consulting (undisclosed, 2023-05-10), and Stemloop (undisclosed, 2022-10-18).
Which rounds fall in the most recent 90 days represented by this page?
Using the newest date shown (The Cradle, 2024-07-16), the most recent 90-day window includes Aionics ($5M on 2024-05-20), Pinch ($4M on 2024-04-09), Milu Health ($5M on 2024-03-11), and The Cradle (undisclosed on 2024-07-16). Wyoming Hyperscale ($400K on 2024-01-03) is outside that window.
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