FundedIQ

Funded Startups in Portsmouth

Across the 11 most recent Portsmouth-area entries shown, Great Bay Royalties’ $73M round on 2026-06-15 is the only disclosed amount above $50M and dwarfs t…

Across the 11 most recent Portsmouth-area entries shown, Great Bay Royalties’ $73M round on 2026-06-15 is the only disclosed amount above $50M and dwarfs the next-largest disclosed round: Vatn Systems at $60M (2025-12-10). The list also shows a clear time clustering at the recent end: three rounds fall between 2025-10-03 and 2026-06-15 (HELIOS $2M on 2025-10-03; Vatn Systems $60M on 2025-12-10; Great Bay Royalties $73M on 2026-06-15).

Geographically, the name “Portsmouth” resolves to multiple states/countries in this slice: most rows are in Portsmouth, New Hampshire (e.g., Vatn Systems $60M on 2025-12-10; Position Imaging $20M on 2023-12-20), with single entries elsewhere, including Portsmouth, Virginia (Mercy Chefs $250K on 2025-07-22) and Portsmouth, Rhode Island (Surv $160K on 2022-11-14), plus Portsmouth, Hampshire, United Kingdom (Searchlight Cyber, 2024-01-18, undisclosed). Stage-wise, “Series Unknown” appears 5 times, while Seed appears 2 times and Pre-Seed appears once; one row is undisclosed (Searchlight Cyber).

Most recent rounds

11 shown

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Frequently asked

What stands out on round size, and is there a clear top end versus the rest?

Great Bay Royalties’ $73M (2026-06-15) is the top disclosed amount and the only round above $50M; Vatn Systems’ $60M (2025-12-10) is the next-largest disclosed amount. After that, disclosed rounds mostly sit in the $2M–$20M band, with smaller disclosed entries like BioGreen360’s $200K (2023-05-01).

Are Portsmouth-area rounds concentrated in a narrow recent window?

Yes. Three disclosed rounds land within the same window from 2025-10-03 to 2026-06-15: HELIOS ($2M, 2025-10-03), Vatn Systems ($60M, 2025-12-10), and Great Bay Royalties ($73M, 2026-06-15). The oldest dated entry in the 11-row slice is Bit Fry Game Studios at $1M on 2022-12-20.

Which “Portsmouth” locations dominate, and do the out-of-state entries change the pattern?

Portsmouth, New Hampshire is over-represented in this list, including Vatn Systems ($60M, 2025-12-10) and Position Imaging ($20M, 2023-12-20). The non–New Hampshire entries are sparse but distinct by geography and often by size—for example, Mercy Chefs is in Portsmouth, Virginia at $250K (2025-07-22) and Surv is in Portsmouth, Rhode Island at $160K (2022-11-14).

How does the stage mix look across these 11 entries?

“Series Unknown” appears 5 times (including Great Bay Royalties on 2026-06-15 and Mercy Chefs on 2025-07-22). Seed appears 2 times (HELIOS $2M on 2025-10-03 and Remotely $500K on 2022-03-03), Pre-Seed appears once (River Platform Company $2M on 2024-10-15), and one entry is undisclosed (Searchlight Cyber on 2024-01-18).

Are there notable sector clusters, or does industry dispersion limit patterning?

No single sector repeats enough to form a 3+ entry cluster in this slice. Examples include Information Technology with two entries (Vatn Systems $60M on 2025-12-10 and Remotely $500K on 2022-03-03), plus one-off sectors like AI (HELIOS $2M, 2025-10-03) and Energy (Great Bay Royalties $73M, 2026-06-15).

Is there a meaningful smallest disclosed round or an undisclosed outlier worth flagging?

The smallest disclosed amount shown is $160K for Surv (2022-11-14) and the list also contains one undisclosed amount: Searchlight Cyber in Portsmouth, Hampshire, United Kingdom (2024-01-18). Size-wise, that undisclosed row sits in the middle of the time span, but it cannot be compared on amount because no dollar figure is provided.

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