FundedIQ

Funded Startups in Peoria

Eight funded startups are shown for Peoria, spanning 2021-06-10 (Taronis Fuels) through 2025-11-18 (ELM Utility Services).

Eight funded startups are shown for Peoria, spanning 2021-06-10 (Taronis Fuels) through 2025-11-18 (ELM Utility Services). In the disclosed amounts, the largest round is Natural Fiber Welding’s $85M Series B on 2022-04-12; it sits well above the other disclosed figures, which include $24M (Natural Fiber Welding, 2024-03-05), $21M (Datavolo, 2024-04-02), and $17M (Taronis Fuels, 2021-06-10), with $220K (Midwest Bioprocessing Center, 2022-06-16) as the smallest disclosed amount.

The set also clusters around mid-2022 to mid-2024: four of the eight rounds fall between 2022-04-12 and 2024-04-02, and several repeat the same Peoria city/county label (Peoria, Illinois appears for We Hear You (2024-06-19), Natural Fiber Welding (2024-03-05; 2022-04-12), and Midwest Bioprocessing Center (2022-06-16)). Sector-wise, Natural Fiber Welding drives the only multi-round manufacturing presence (2022-04-12 $85M and 2024-03-05 $24M).

Most recent rounds

8 shown

Related listings

Frequently asked

What stands out in disclosed deal sizes across this Peoria list?

Natural Fiber Welding’s $85M Series B (2022-04-12) is the largest disclosed amount and clearly dwarfs the rest of the disclosed figures, with the next-largest at $24M (Natural Fiber Welding, 2024-03-05) and $21M (Datavolo, 2024-04-02). The smallest disclosed amount is $220K for Midwest Bioprocessing Center (2022-06-16).

Do the rounds cluster within a specific window based on the dates shown?

Yes. Four of the eight rows fall within a roughly two-year span from 2022-04-12 (Natural Fiber Welding, Series B) through 2024-04-02 (Datavolo, Series A), with additional activity immediately before and after (Natural Fiber Welding again on 2024-03-05 and We Hear You on 2024-06-19).

How are stages distributed, and is there any stage repetition?

Disclosed stages are concentrated in later-risk rounds: Seed appears once (Enter The Void, 2022-08-22, undisclosed), Series A once (Datavolo, 2024-04-02, $21M), Series B once (Natural Fiber Welding, 2022-04-12, $85M), and a Grant appears once (Midwest Bioprocessing Center, 2022-06-16, $220K). Natural Fiber Welding is the only repeat company with multiple rounds across different stages (2022 Series B and 2024 amount labeled without a stage).

Is Peoria, Illinois over-represented versus other Peoria-geographies in the rows?

Among the eight entries, Peoria, Illinois appears three times: We Hear You (2024-06-19, $60K), Natural Fiber Welding (2024-03-05, $24M), and Midwest Bioprocessing Center (2022-06-16, $220K). Other rows use Peoria, Arizona (Datavolo; Enter The Void; Taronis Fuels), and two Natural Fiber Welding rows share the manufacturing label across two dates in Peoria, Illinois (2022-04-12 $85M; 2024-03-05 $24M).

Are there outliers in either sector or disclosed-vs-undisclosed patterns?

Size-wise, Natural Fiber Welding’s $85M (2022-04-12) is the primary outlier upward, while Midwest Bioprocessing Center’s $220K (2022-06-16) is the smallest disclosed amount. On disclosure, 2 of 8 rows list undisclosed amounts (ELM Utility Services on 2025-11-18 and Enter The Void on 2022-08-22), which limits how much of the distribution can be compared using exact dollars.

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