Fresh Rounds

Startup funding, week of December 22, 2025

191 companies filed a new Form D, reporting $2.6B raised. The biggest rounds: Ripple Labs Inc. ($500M), Lovable Labs Inc ($425M), National Fuel Gas Co. ($350M). By sector: real estate (66), other (39), technology (35), health care (20), financial services (13). Plus 201 new investment funds.

Companies
191
New Form D offerings
Reported raised
$2.6B
Sum of amounts sold
Median round
$649K
Among rounds with sales
Founded in last 5 years
139
Young companies
CompanyIndustryRaisedSecurityFiled
Ripple Labs Inc.San Francisco, CA Other Technology $500M Equity Dec 23
Lovable Labs IncDover, DE · Founded 2023 Other Technology $425Mof $426M Equity, Options or warrants Dec 22
National Fuel Gas Co.Williamsville, NY Oil and Gas $350M Equity Dec 23
National Fuel Gas Co.Williamsville, NY Oil and Gas $350M Equity Dec 23
Fortrex Sanitation Holdings, LLCDunwoody, GA · Founded 2025 Business Services $237M Equity Dec 22
Northpointe Bancshares Inc.Grand Rapids, MD Commercial Banking $70M Debt Dec 23
Aeovian Pharmaceuticals, Inc.Berkeley, CA Pharmaceuticals $55M Equity Dec 22
ENB Financial CorpEphrata, PA Commercial Banking $42.5M Debt Dec 22
Breakaway Group, Inc.Columbus, OH Other $38.3M Equity Dec 22
Mediar Therapeutics, Inc.Boston, MA Biotechnology $37.8Mof $75.7M Equity Dec 23
Kashable Holdings Inc.New York, NY · Founded 2023 Other Banking and Financial Services $34.8M Equity, Other Dec 22
Myrtelle Inc.New York, NY · Founded 2021 Biotechnology $30.5Mof $55.2M Equity, Other Dec 23
Alta Resource Technologies, Inc.Boulder, CO · Founded 2023 Other Technology $28.4Mof $30.4M Equity, Options or warrants Dec 23
Addition Therapeutics, Inc.South San Francisco, CA · Founded 2021 Biotechnology $28M Debt, Options or warrants Dec 22
NM Developer Holdings LLCColumbus, OH · Founded 2021 Other Real Estate $24.5Mof $40M Equity Dec 23
Blue Spark Energy Systems Inc.London, United Kingdom · Founded 2024 Oil and Gas $20.2M Equity Dec 23
Baynes Louisiana Partners, LPFort Worth, TX · Founded 2025 Oil and Gas $20Mof $25M Mineral property Dec 22
HealthBridge Financial, Inc.Grand Rapids, MI Other Health Care $20M Debt Dec 22
Linq App IncBirmingham, AL Other Technology $17.3Mof $18M Equity Dec 23
Cultivo Land PBCBerkely, CA Other $14Mof $19M Equity, Debt Dec 22
OP Burlington Drive Investor, LLCDenver, CO · Founded 2025 Other Real Estate $14M Equity, Other Dec 23
Haven Joint Venture, LLCHouston, TX · Founded 2021 Commercial $13M Equity Dec 22
Creative Planning Employee Investment, LLCOverland Park, KS Investing $11.6M Equity Dec 23
EAG Holdings LPNew York, NY · Founded 2021 Other $10.5Mof $10.9M Equity Dec 22
Nature's Toolbox, Inc.Rio Rancho, NM Biotechnology $10Mof $15M Equity Dec 23
Lemon Perfect CoAtlanta, GA Other $9.8Mof $15M Debt, Options or warrants Dec 22
MIMG CCLVIII Abilene 3 Master, LLCFranktown, CO · Founded 2025 Commercial $9.5Mof $22.6M Equity Dec 22
Canopy Grove Investments LLCPalm Beach Gardens, FL · Founded 2025 Other Real Estate $9.3M Equity Dec 23
G2 Capital Priority Yield Fund LLCColumbus, OH · Founded 2025 Commercial $8.7Mof $30M Equity Dec 22
High Street Holdco, LLCTraverse City, MI · Founded 2021 Insurance $8.6Mopen-ended Equity, Options or warrants Dec 22
uLink Labs, Inc.San Mateo, CA Other Health Care $8.6Mof $17.6M Equity Dec 23
Plant People, PBCAustin, TX · Founded 2021 Other $7.9M Equity Dec 23
Square Robot, Inc.Westborough,, MA Other Technology $7.5Mof $15M Equity, Other Dec 23
Monument Software, Inc.Dallas, TX · Founded 2023 Other Technology $7.2Mof $8M Equity Dec 22
Pix Media, Inc.Bellevue, WA · Founded 2025 Other Technology $7.1M Equity, Options or warrants Dec 23
Lonestar Data Holdings, Inc.St Petersburg, FL · Founded 2021 Other $6.6Mof $6.8M Equity Dec 22
MIMG CCLVI Harmony Lake, LLCFranktown, CO · Founded 2025 Commercial $6.6Mof $14.6M Equity Dec 22
Resynergi, IncRohnert Park, CA Other Energy $6.4Mof $7.5M Equity Dec 23
Frontlands, Inc.Dallas, TX · Founded 2024 Other Banking and Financial Services $5.9Mof $7.4M Equity Dec 22
DTR Hospitality, LLCRoswell, GA · Founded 2022 Commercial $5.8M Equity Dec 22
Fuse 18 LLCFort Lauderdale, FL · Founded 2025 Other $5Mopen-ended Equity Dec 22
Rh Fund 35 LLCLas Vegas, NV · Founded 2025 Other Real Estate $4.9M Equity Dec 22
My One Medical Source Inc.Westlake, OH · Founded 2022 Other Technology $4.6Mof $5.8M Equity Dec 23
BRLAAR Capital, LLCFayetteville, AR · Founded 2025 Other $4.5M Equity Dec 22
Digital Health Strategies, Inc.Washington, DC Other Technology $4.5Mof $5.6M Equity Dec 23
Rise Opportunities 14 LLCForest Lake, MN · Founded 2024 Other Real Estate $4.5Mopen-ended Equity Dec 23
Tenon Software, Inc.Indianapolis, IN · Founded 2022 Other $4M Equity Dec 23
Sift Biosciences, Inc.San Carlos, CA · Founded 2023 Biotechnology $3.8M Equity Dec 22
OCIP Interconnect 6, LLCAlpharetta, GA · Founded 2025 Other $3.6Mof $5M Equity, Other Dec 23
Oscar AI, Inc.Rockville, MD · Founded 2021 Other Technology $3.1M Equity Dec 23
Landmark Westminster Portfolio, LLCHampstead, MD · Founded 2025 Commercial $3M Equity Dec 22
Bubble Bud Inc.Edmonton, Alberta, Canada Other $2.8Mof $4.8M Equity Dec 23
Safire Technology Group, Inc.Tysons, VA · Founded 2020 Other Technology $2.7Mof $20M Equity Dec 22
Willows Ennis 84 LLCDallas, TX · Founded 2025 Residential $2.6Mof $3M Equity Dec 23
211 W. 28TH Street Investors, LLCBaltimore, MD · Founded 2025 Other Real Estate $2.6M Equity Dec 22
QuantumSafe Data Systems Inc.Norwell, MA · Founded 2022 Other Technology $2.6Mof $12.6M Equity Dec 23
South Pacific Metals Corp.Vancouver, British Columbia, Canada Other $2.5Mof $8.1M Equity, Options or warrants Dec 22
Lingrove Inc.San Rafael, CA Other Technology $2.5Mof $4M Equity, Options or warrants Dec 23
Confianza, Inc.Sarasota, FL · Founded 2020 Insurance $2.5M Equity Dec 22
Kashable Holdings Inc.New York, NY · Founded 2023 Other Banking and Financial Services $2.3M Equity, Other Dec 22
ZICO Rising, Inc.Seal Beach, CA · Founded 2020 Other $2.3Mof $7M Equity Dec 22
Aethlon Medical Inc.San Diego, CA Biotechnology $2.2M Equity, Options or warrants Dec 23
Bubble Bud Inc.Edmonton, Alberta, Canada Other $2.1Mof $5M Equity Dec 23
Bim Bam Boo Inc.Minneapolis, MN · Founded 2025 Manufacturing $2Mof $2.5M Equity Dec 23
Badwater Alchemy Technologies, Inc.Seattle, WA Other Technology $2Mof $3M Equity Dec 22
Imaginary Hazard Studios Inc.New York, NY · Founded 2025 Other Technology $2Mof $3M Other Dec 22
Matcha Holdings, Inc.San Francisco, CA · Founded 2025 Other Technology $2Mof $4M Other Dec 23
Modern Prairie Inc.Huntington Beach, CA · Founded 2025 Retailing $2M Equity Dec 23
Atlas Financial Services, Inc.Los Angeles, CA Other Technology $1.9M Debt, Options or warrants Dec 23
OP Burlington Drive, LLCDenver, CO · Founded 2025 Other Real Estate $1.9M Equity, Other Dec 23
ACP Tequesta LLCBeverly Hills, CA · Founded 2025 Commercial $1.6Mof $3.7M Equity Dec 23
8456 Orange Ave Property Owner, LLCJupiter, FL · Founded 2025 Commercial $1.6M Equity Dec 23
Layton Grandview II, LLCTualatin, OR · Founded 2023 Other Real Estate $1.6Mof $2M Equity Dec 23
1st American Nuclear Co.Richland, WA · Founded 2025 Other Energy $1.4M Equity Dec 22
Xlue Inc.Pittsburgh, PA · Founded 2025 Other Health Care $1.3Mof $5M Options or warrants Dec 22
Cross Domain Systems, Inc.Winchester, MA Other Technology $1.2Mof $5.3M Equity Dec 23
Vicinity Ventures Inc.Greenville, SC · Founded 2025 Computers $1.2Mopen-ended Options or warrants Dec 22
Ferretly International, Inc.Easton, MD Other Technology $1.1Mof $1.5M Debt, Other Dec 23
Bubble Bud Inc.Edmonton, Alberta, Canada Other $1.1Mof $7M Equity Dec 23
PointOne Family Office, LLCManhattan Beach, CA · Founded 2025 Other $1M Debt Dec 22
Cedar Circle Holding LLCAustin, TX · Founded 2025 Residential $990Kof $1.6M Equity Dec 22
Modelwise Technologies Inc.San Francisco, CA · Founded 2022 Other Technology $975Kof $1M Other Dec 22
StrateSea Technology, Inc.Lake Oswego, OR · Founded 2024 Other $951Kopen-ended Debt, Options or warrants Dec 23
Bubble Bud Inc.Edmonton, Alberta, Canada Other $772K Debt, Options or warrants Dec 23
Magic Potion Games Inc.Dover, DE · Founded 2023 Other Technology $675Kof $1M Debt, Options or warrants Dec 22
120 Front Associates LLCNorth Yarmouth, ME · Founded 2025 Other Real Estate $649Kof $700K Equity Dec 22
Claude Preval LLCCopiague, NY · Founded 2024 Other $600K Equity Dec 22
Help Wanted Production LLCLos Angeles, CA · Founded 2025 Other $600Kopen-ended Equity, Debt Dec 22
Lafayette Standard CoRaleigh, NC · Founded 2025 Business Services $600Kof $1.3M Equity Dec 22
zipzon, Inc.Conifer, CO · Founded 2022 Other Technology $600Kof $4M Equity, Options or warrants Dec 22
Blue Co Warehousing IncRaleigh, NC · Founded 2023 Commercial $575Kof $2M Equity Dec 22
1PRCT Labs Inc.Austin, TX · Founded 2025 Other $565Kof $1.6M Other Dec 22
ESC3, LLCNew York, NY · Founded 2025 Restaurants $558Kof $875K Equity, Debt Dec 22
Alaska Energy Metals CorpVancouver, British Columbia, Canada Other $502K Equity Dec 22
Joyland Brewing Holdings, IncOrlando, FL · Founded 2024 Other $500Kof $2M Equity Dec 22
Toms River Self Storage Partners, LLCScottsdale, AZ · Founded 2021 Commercial $500Kof $2.5M Debt Dec 22
Lot 10 East Broadway Blvd, LLCCharlotte, NC · Founded 2025 Commercial $488K Equity Dec 22
Landmark Too Westminster Portfolio, LLCHampstead, MD · Founded 2025 Commercial $461K Equity Dec 22
Athena Gold Corp.White Rock, British Columbia, Canada · Founded 2025 Other Energy $459Kof $644K Equity, Options or warrants Dec 23
MRT Beach 6960 LLCFort Worth, TX · Founded 2025 Residential $445Kof $19.5M Equity Dec 23
Bubble Bud Inc.Edmonton, Alberta, Canada Other $425Kof $1.5M Debt, Options or warrants Dec 23
Mpc Hi 2028 Lihtc Icf, LLCAtlanta, GA · Founded 2025 Other Real Estate $400Kopen-ended Other Dec 23
Edison Motors Ltd.Donald, British Columbia, Canada · Founded 2021 Manufacturing $378Kopen-ended Equity Dec 22
870 S Jefferson Avenue, LLCCharlotte, NC · Founded 2025 Commercial $375K Equity Dec 22
Atym, Inc.San Francisco, CA · Founded 2023 Other Technology $350Kof $2.5M Debt Dec 22
BM Fitness Group, Inc.Frisco, TX Other $350Kof $4M Equity Dec 23
Babbl Labs, Inc.Minneapois, MN · Founded 2020 Other Technology $320Kof $500K Equity, Other Dec 23
Bubble Bud Inc.Edmonton, Alberta, Canada Other $315Kof $4M Debt, Options or warrants Dec 23
Gaingels Clara 2025 LLCBurlington, VT · Founded 2025 Other $268K Equity Dec 22
Mpc Ks 2025 Lihtc Icf, LLCAtlanta, GA · Founded 2025 Other Real Estate $265Kopen-ended Other Dec 23
Mpc Ks 2026 Lihtc Icf, LLCAtlanta, GA · Founded 2025 Other Real Estate $265Kopen-ended Other Dec 23
Mpc Ks 2027 Lihtc Icf, LLCAtlanta, GA · Founded 2025 Other Real Estate $265Kopen-ended Other Dec 23
Mpc Ks 2028 Lihtc Icf, LLCAtlanta, GA · Founded 2025 Other Real Estate $265Kopen-ended Other Dec 23
Blue Chip Capital Group Inc.New York, NY · Founded 2020 Other Banking and Financial Services $255Kopen-ended Equity, Debt Dec 22
Blue Chip Capital Group Inc.New York, NY · Founded 2020 Other Banking and Financial Services $250Kopen-ended Equity, Debt Dec 22
Power & Chandler Self Storage Partners, LLCScottsdale, AZ · Founded 2021 Commercial $250Kof $6M Debt Dec 22
Murrells Inlet ASC, LLCMurrells Inlet, SC Other Health Care $246Kof $610K Equity Dec 22
Chief Rebel IncAustin, TX · Founded 2025 Other $200Kopen-ended Debt, Other Dec 22
Gaingels Jooba LLCBurlington, VT · Founded 2025 Other $185K Equity Dec 23
Orestone Mining Corp.Vancouver, British Columbia, Canada Other $180Kof $540K Equity, Options or warrants Dec 22
Silver Bay Seafoods-Southeast, LLCSitka, AK Other $177K Equity Dec 22
Lost Woods LLCMaple Grove, MN · Founded 2021 Other $175K Equity Dec 23
Brand Harbor Inc.Saint Petersburg, FL · Founded 2025 Other Technology $165K Options or warrants, Other Dec 22
OrthoPreserve, Inc.Henrico, VA · Founded 2025 Other Health Care $157Kof $2M Debt Dec 23
Cyana Therapeutics, LLCMiami Beach, FL · Founded 2025 Other Health Care $151Kopen-ended Equity Dec 22
bQuest, Inc. /CO/Denver, CO · Founded 2022 Other $150K Other Dec 23
LASTpatient Inc.Coolidge, AZ · Founded 2024 Other Health Care $150Kof $700K Equity, Debt Dec 22
Partners 8 Inc.Toronto, Ontario, Canada · Founded 2025 Other $150K Equity Dec 23
3D-22 LLCLitchfield, MN · Founded 2025 Other $149Kof $10M Debt Dec 22
Blue Chip Capital Group Inc.New York, NY · Founded 2020 Other Banking and Financial Services $135Kopen-ended Equity, Debt Dec 22
Monarch MSS SC 2028 LIHTC ICF, LLCAtlanta, GA · Founded 2025 Other Real Estate $130Kopen-ended Other Dec 23
Monarch MSS SC 2029 LIHTC ICF, LLCAtlanta, GA · Founded 2025 Other Real Estate $130Kopen-ended Other Dec 23
Gaingels Subject LLCBurlington, VT · Founded 2025 Other $128K Equity Dec 22
Armando REIT, LLCDallas, TX · Founded 2025 REITS and Finance $125K Equity Dec 23
Bell Value-Add Fund VIII Avalon Park Holdings, LLCGreensboro, NC · Founded 2025 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Gateway Holdings, LLCGreensboro, NC · Founded 2024 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Miramar Holdings, LLCGreensboro, NC · Founded 2024 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Murrieta Holdings, LLCGreensboro, NC · Founded 2024 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Parker Holdings, LLCGreensboro, NC · Founded 2024 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Parker North Holdings, LLCGreensboro, NC · Founded 2025 REITS and Finance $125K Equity Dec 22
Bell Value-Add Fund VIII Shrewsbury Holdings, LLCGreensboro, NC · Founded 2024 REITS and Finance $125K Equity Dec 22
Strategic Storage Trust XLadera Ranch, CA · Founded 2024 REITS and Finance $125K Equity Dec 23
Exeter 25 Keystone, LLCRadnor, PA REITS and Finance $122Kof $125K Equity, Other Dec 23
Exeter 2500 N Plaza, LLCRadnor, PA REITS and Finance $122Kof $125K Equity, Other Dec 23
Exeter 42500 Winchester, LLCRadnor, PA REITS and Finance $122Kof $125K Equity, Other Dec 23
Exeter 6227 Cajon, LLCRadnor, PA REITS and Finance $122Kof $125K Equity, Other Dec 23
Fairfield VAMF IV REIT IV LLCSan Diego, CA · Founded 2025 REITS and Finance $122Kof $125K Equity, Other Dec 22
Focus SH II R Carillon LLCChicago, IL · Founded 2025 REITS and Finance $122Kof $125K Equity Dec 23
Focus SH II R Long Island LLCChicago, IL · Founded 2025 REITS and Finance $122Kof $125K Equity Dec 23
Focus SH III R LLCChicago, IL · Founded 2025 REITS and Finance $122Kof $125K Equity Dec 23
Iec VI Rt, LLCLos Altos, CA · Founded 2025 REITS and Finance $122Kof $125K Equity, Other Dec 22
Mrei VI REIT E, LPDallas, TX · Founded 2024 REITS and Finance $122K Equity, Other Dec 22
NP Industrial VII REIT 2, LPKansas City, MO · Founded 2024 Other Real Estate $122K Equity, Other Dec 23
SHzoom Technologies, Inc.Pittsburgh, PA Other Technology $118Kof $1.3M Options or warrants Dec 23
PRO-LINE HEALTH PRODUCTS, Ltd LIABILITY CoAustin, TX Biotechnology $110Kof $200K Debt Dec 22
Enveric Biosciences, Inc.Cambridge, MA Biotechnology $107K Options or warrants Dec 23
Unplugs Hearing, Inc.Brooklyn, NY · Founded 2025 Other Technology $100Kof $1M Options or warrants, Other Dec 23
Surgery Center of Mt. Scott, LLCHappy Valley, OR Other Health Care $92K Equity Dec 23
Blue Chip Capital Group Inc.New York, NY · Founded 2020 Other Banking and Financial Services $77Kopen-ended Equity Dec 23
AristaVue Inc.Bloomington, MN · Founded 2025 Other Technology $75Kof $750K Other Dec 22
Line Seven Apartments, LLCWest Des Moines, IA · Founded 2025 Residential $75Kof $5M Equity Dec 22
Gaingels Personal AI LLCBurlington, VT · Founded 2025 Other $74.2K Equity Dec 22
Mfrevf V - Watertown, LLCChicago, IL · Founded 2025 REITS and Finance $61K Equity, Other Dec 23
Web3 Enabler, Inc.Hollywood, FL · Founded 2023 Business Services $50Kof $500K Other Dec 22
Green Matters Technologies Inc.Langley, British Columbia, Canada Manufacturing $40K Equity Dec 23
Pimee Energy Inc.Calgary, Alberta, Canada · Founded 2020 Oil and Gas $35K Equity Dec 22
Gaingels Anzu LLCBurlington, VT · Founded 2021 Other $31.5Kof $35.8K Equity Dec 23
Clustertund 1 - Wilmington, LLCWilmington, NC · Founded 2025 Business Services $25Kopen-ended Equity Dec 23
Latrice, Inc.Bear, DE · Founded 2025 Other Technology $25Kof $300K Options or warrants Dec 22
Prosper With Posture, LLCAustin, TX Biotechnology $25Kof $200K Equity Dec 22
Humera, Inc.Greenwood, IN · Founded 2025 Other Technology $5.5K Equity Dec 22
Aloha Capital Group, LLCCherry Hill, NJ · Founded 2025 Other Real Estate Not yet soldof $100M Debt, Other Dec 22
Ambrin Investor, LLCGreenwich, CT · Founded 2025 Manufacturing $0of $5.4M Equity Dec 23
Aquinas Senior Living, Inc.Ambler, PA · Founded 2023 Other Real Estate Not yet soldof $2M Equity, Options or warrants Dec 22
Ces Properties Fund Lvi (ruby 45) LLCBellevue, WA Other Real Estate Not yet soldof $14M Equity Dec 22
Cytogel Pharma, LLCDarien, CT Pharmaceuticals Not yet soldof $16M Equity Dec 23
Delray Beach Rehab, LPProvidence, RI · Founded 2025 Other Real Estate Not yet soldof $15M Equity, Other Dec 23
ExchangeRight Net-Leased Portfolio 74 DSTPasadena, CA · Founded 2025 Commercial Not yet soldof $36.6M Equity Dec 23
Flexera Parent, LLCItasca, IL Other Technology Not yet soldopen-ended Equity Dec 23
GO4 Gold Inc.Orlando, FL Other Technology Not yet soldopen-ended Equity Dec 23
Koios Medical, Inc.New York, NY Biotechnology Not yet soldopen-ended Equity Dec 23
Myrtle Estates II LLCBrooklyn, NY · Founded 2025 Residential Not yet soldopen-ended Equity Dec 22
New Caney Rehab, LPProvidence, RI · Founded 2025 Other Real Estate Not yet soldof $10M Equity, Other Dec 23
Pcg Fund IV LLCSomerville, NJ · Founded 2025 Residential Not yet soldof $6.8M Equity Dec 22
PMP Investment Fund, LLCAtlanta, GA · Founded 2025 Other Real Estate Not yet soldof $100M Debt Dec 23
Reserve Financial, LLCSheridan, WY · Founded 2025 Other Banking and Financial Services Not yet soldopen-ended Other Dec 22
SlingshotVR Inc.Chicago, IL Other Technology Not yet soldof $15M Equity Dec 23
Srei Fund LLCMiami, FL · Founded 2025 Other Real Estate Not yet soldof $100M Debt Dec 23
SRO Album LLCNew York, NY · Founded 2025 Other Not yet soldof $900K Other Dec 23
Stratford Holdings, LLCBrentwood, TN · Founded 2025 Commercial Not yet soldof $500K Equity Dec 23
Stratum Biosciences Inc.Madison, MS · Founded 2023 Other Technology $0of $550K Debt, Options or warrants Dec 23