FundedIQ

Funded Startups in Lowell

Among the 9 most recent Lowell-area entries, the largest disclosed round is Orb Aerospace’s $5M on 2025-08-13; it sits well above the rest, where disclosed…

Among the 9 most recent Lowell-area entries, the largest disclosed round is Orb Aerospace’s $5M on 2025-08-13; it sits well above the rest, where disclosed amounts cluster mostly between $1M and $4M, with only RevBio at $2M and ePropelled at $15M (notably higher than the $5M max). Three companies are based in Lowell, Massachusetts (Alcyone Therapeutics, RevBio, Entrepreneurship for All, Unity Laundry Systems, Mobius Biomedical, ePropelled, Lowell Therapeutics, Advanced Silicon Group), while one is listed as Lowell, Michigan (Orb Aerospace).

The list spans 2021-05-12 (Advanced Silicon Group) through 2025-08-13 (Orb Aerospace), with a mid-period cluster in 2022–2023. Stage/amount disclosure is also uneven: 5 of 9 entries show “Series Unknown,” and 1 entry is explicitly “undisclosed” (Alcyone Therapeutics, dated 2025-04-24). In sectors, Biotechnology appears most often (4 entries: Alcyone Therapeutics, RevBio, Mobius Biomedical, Lowell Therapeutics).

Most recent rounds

9 shown

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Frequently asked

What’s the standout disclosed round in this Lowell list, and how does it compare to other disclosed amounts?

The largest disclosed amount is ePropelled’s $15M (2021-12-08). That $15M is far above most other disclosed rounds here, which are mostly in the $1M–$5M band (e.g., Orb Aerospace $5M on 2025-08-13; Unity Laundry Systems $4M on 2022-09-09; Lowell Therapeutics $4M on 2021-10-01; Advanced Silicon Group $1M on 2021-05-12).

Do these Lowell rounds cluster in a specific time window?

Yes, there is a noticeable concentration in 2021–2023: ePropelled (2021-12-08, $15M), Lowell Therapeutics (2021-10-01, $4M), Advanced Silicon Group (2021-05-12, $1M), Mobius Biomedical (2022-03-28, $100K), Unity Laundry Systems (2022-09-09, $4M), and Entrepreneurship for All (2023-05-16, $30K) make up the majority of the pre-2024 entries shown. The most recent activity then adds Alcyone Therapeutics (2025-04-24, undisclosed) and Orb Aerospace (2025-08-13, $5M).

Which city appears more often, and is there any geographic split within “Lowell”?

The listing is predominantly Lowell, Massachusetts: 8 of 9 rows list Lowell, Massachusetts (including RevBio 2024-09-16 at $2M and Mobius Biomedical 2022-03-28 at $100K). Only Orb Aerospace is listed in Lowell, Michigan (2025-08-13, $5M).

How much of the activity is disclosed by stage vs. labeled “Series Unknown” or “undisclosed”?

Stage disclosure is incomplete: 5 of 9 entries are marked “Series Unknown” (e.g., Orb Aerospace on 2025-08-13 shows Series Unknown with $5M; Unity Laundry Systems on 2022-09-09 shows “Venture - Series Unknown” with $4M). One entry is explicitly “undisclosed” (Alcyone Therapeutics on 2025-04-24), while the remaining 3 include Seed (Lowell Therapeutics, 2021-10-01, $4M) and Series A (ePropelled, 2021-12-08, $15M).

Is any sector over-represented relative to the rest of the list?

Biotechnology is the clear over-representation, appearing in 4 of 9 entries: Alcyone Therapeutics (2025-04-24, undisclosed), RevBio (2024-09-16, $2M), Mobius Biomedical (2022-03-28, $100K), and Lowell Therapeutics (2021-10-01, $4M). Other sectors are singletons across the remaining companies (Manufacturing for Orb Aerospace; Energy for Advanced Silicon Group; Consumer Electronics for ePropelled; Community and Lifestyle for Entrepreneurship for All; Clothing and Apparel for Unity Laundry Systems).

Are there outliers in disclosed amounts that could warrant deeper diligence?

Two small-disclosure outliers stand out: Mobius Biomedical at $100K (2022-03-28) and Entrepreneurship for All at $30K (2023-05-16) are at the bottom of the disclosed range. At the other extreme, ePropelled’s $15M (2021-12-08) is the largest disclosed amount and materially larger than most other disclosed rounds in this list (e.g., the $5M maximum disclosed for Orb Aerospace on 2025-08-13 is still well below $15M).

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