Funded Startups in New Castle
Among the 19 rows, the largest disclosed round is Orchid Security’s $36M Seed on 2025-01-14; every other disclosed amount in this slice is below $18M (with…
Among the 19 rows, the largest disclosed round is Orchid Security’s $36M Seed on 2025-01-14; every other disclosed amount in this slice is below $18M (with Axion Ray at $18M on 2024-03-12 the next-highest), making Orchid’s figure the clear outlier on scale. The other disclosed rounds cluster tightly in the low-to-mid single-digit millions, with several $4M–$7M rounds (Alluvial Finance $4M on 2024-11-12; Nodal $4M on 2024-11-05; Eli $7M on 2024-02-14), while the smallest disclosed amount is Quantum Digital Assets’ $50K Seed on 2023-05-12.
Dates span from 2021-12-13 (UnRemot) to 2025-10-19 (Hemi Labs), but most disclosed rounds concentrate in 2024, particularly the period from 2024-05-01 through 2024-11-12. Sectors repeat more than stages: “Software” appears in multiple entries (Leta 2025-03-18 $5M; Nango 2023-04-05 $500K; RevSure 2022-08-22 $4M; plus Axion Ray 2024-03-12 is AI, not software), while “Series Unknown” shows up 4 times and “undisclosed” amounts appear 2 times (Hemi Labs 2025-10-19 and Aha Lab 2024-11-20).
Most recent rounds
19 shownRelated listings
Frequently asked
What stands out on round size in New Castle, and how does the largest disclosed amount compare to the rest?
Orchid Security’s $36M Seed on 2025-01-14 is the biggest disclosed round in the 19-row slice, and it sits well above the next-highest disclosed amount of $18M (Axion Ray on 2024-03-12). The smallest disclosed amount is $50K (Quantum Digital Assets on 2023-05-12), making the disclosed range extremely wide.
Do the most recent rounds cluster in time, or are they spread evenly across the window?
The date range runs from 2021-12-13 (UnRemot) to 2025-10-19 (Hemi Labs), but most disclosed rounds fall in 2024. Examples include multiple 2024 entries from May through November (SALUBATA $220K on 2024-05-01; Zing $10M on 2024-06-21; Orchid Security $36M on 2025-01-14 is outside, while Holonym $6M on 2024-08-16 and Alluvial Finance $4M on 2024-11-12 reinforce the 2024 concentration).
Which funding labels dominate, and how much of the list lacks disclosed amounts or uses an unknown series?
Seed is frequent among disclosed rounds (e.g., Leta $5M on 2025-03-18; Orchid Security $36M on 2025-01-14; Holonym $6M on 2024-08-16), while “Series Unknown” appears on four entries (Hemi Labs is undisclosed; plus Axion Ray 2024-03-12 and Eli 2024-02-14; and Alluvial Finance 2024-11-12). Amounts are undisclosed twice (Hemi Labs on 2025-10-19 and Aha Lab on 2024-11-20).
Are there sector over-representations in this New Castle set (as opposed to one-off industries)?
Software is one of the more repeated themes: Leta (Software, $5M on 2025-03-18), Nango (Software, $500K on 2023-04-05), and RevSure (Software, $4M on 2022-08-22) anchor it. Other sectors tend to appear as single entries here (e.g., Clothing and Apparel with SALUBATA $220K on 2024-05-01; Manufacturing with Mishimoto $100K on 2022-01-18).
Is there an outlier beyond round size, such as a very small round relative to others or a different stage profile?
Yes: the $50K Seed for Quantum Digital Assets on 2023-05-12 is the smallest disclosed amount and sits far below most disclosed multi-hundred-K to multi-million rounds in the same list (e.g., Nango $500K on 2023-04-05; SALUBATA $220K on 2024-05-01; several $3M–$7M Seed rounds). A second scale outlier is Orchid Security’s $36M in early 2025 compared with the rest of the disclosed values under $18M.
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