Recently Funded Startups in South Dakota (Sep-2025)
Last Updated: 4-Sep-2025
South Dakota’s startup ecosystem, though smaller compared to larger tech hubs, has been steadily gaining momentum as innovative ideas come to life across the state. With unique advantages such as a favorable business climate and a growing pool of resources for entrepreneurs, the state is becoming a breeding ground for companies especially in sectors like natural resources. The funding landscape, albeit modest, is indicative of the increasing interest from investors looking to tap into the local talent and business potential.
In September 2025, South Dakota witnessed another notable funding event as Dakota Gold secured a significant investment of $35 million, marking a pivotal moment for startups in the region. This funding not only underscores the value of companies in the natural resources sector but also highlights the potential for growth that can attract further investment. As the state nurtures its startups, the focus on natural resources and related industries remains strong, with investors recognizing the opportunities within this vibrant market.
Funding Highlights
- Total number of startups tracked: 14
- Number of startups that raised funding last year: 6
- Number of startups that raised funding this year: 1
- Total funding raised this year so far: $35,000,000
- Largest deal: Dakota Gold, Series Unknown, $35,000,000
- Top industries by funding amount: Natural Resources – $35,000,000
- Top industries by number of deals this year: Natural Resources – 1 deal
Full List of Recently Funded Startups in South Dakota
| Company | Country | State | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| All Kids Bike | United States | South Dakota | Series Unknown | $90K | 2025-08-27 | Civic and Social Organizations |
| Dakota Gold | United States | South Dakota | Series Unknown | $35M | 2025-03-20 | Natural Resources |
| FarWide Conservation Trust | United States | South Dakota | Series Unknown | $250K | 2024-10-23 | Conservation Programs |
| Query.AI | United States | South Dakota | Series Unknown | Undisclosed | 2024-09-25 | Data and Analytics |
| Redfield Energy | United States | South Dakota | Series Unknown | $1M | 2024-07-26 | Agriculture and Farming |
| Dakota Gold | United States | South Dakota | Series Unknown | $5.9M | 2024-06-26 | Natural Resources |
| All Kids Bike | United States | South Dakota | Series Unknown | $108K | 2024-04-25 | Civic and Social Organizations |
| Prismatic | United States | South Dakota | Series B | $22M | 2024-01-17 | Data and Analytics |
| Enterprise Institute | United States | South Dakota | Series Unknown | $364.6K | 2023-11-09 | Market Research |
| Elevate Rapid City | United States | South Dakota | Series Unknown | $100.5K | 2023-11-09 | Data and Analytics |
| Great Plains Bank | United States | South Dakota | Series Unknown | $12.3M | 2023-10-20 | Financial Services |
| Dakota Gold | United States | South Dakota | Series Unknown | $17M | 2023-10-12 | Natural Resources |
| SAB Biotherapeutics | United States | South Dakota | Series Unknown | $130M | 2023-10-02 | Biotechnology |
| Golden West Telecommunications | United States | South Dakota | Series Unknown | $5.2M | 2023-05-04 | Hardware |
Frequently Asked Questions
Q1. Where can I find recently funded startups in South Dakota, USA?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How can I connect with these startups in South Dakota, USA?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
Q3. How many startups in South Dakota, USA were funded recently (Sep-2025)?
So far in 2025 one startup raised funding in South Dakota; six startups raised funding last year; we track 14 startups in the state.
Q4. Which industries in South Dakota, USA are trending by funding in Sep-2025?
Natural Resources is the clear leader — it accounted for the largest and only reported funding this year ($35,000,000); no other industries recorded funded deals in our database for this period.
Q5. What was the largest funding deal in South Dakota, USA this year (Sep-2025)?
Dakota Gold, Series Unknown, $35,000,000 (the largest and only recorded deal in South Dakota so far this year).
