"With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 9/20 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for eighteen companies including Chestnut Carbon, Tabs, GreenLite, and much, much more. Chestnut Carbon - $90M Series B Extension Carbon Removal Chestnut Carbon, a developer of carbon removal solutions, has raised $90M as a Series B extension led by CPP Investments."
"WorkFusion - $45M Venture AI/Financial Compliance WorkFusion, an agentic AI platform for financial crime compliance, has raised $45M in additional funding led by Georgian. Founded by Andrew Volkov, Max Yankelevich, and Mikhail Abramchyk in 2009, WorkFusion has now raised a total of $386.3M in reported equity funding. AlleyWatch broke the news in an exclusive covering the round and much more - WorkFusion Raises $45M to Scale AI Agents for Financial Crime Compliance Operations"
"You are seconds away from signing up for the hottest list in NYC Tech! Sign up today Clerq - $12M Funding FinTech/Payments Clerq, a white label online payment platform, has raised $12M in funding according to a recent SEC filing. The filing indicates that this round comes from nine investors. Founded by Ben Markowitz and Truett Dwyer in 2022, Clerq has now raised a total of $19.7M in reported equity funding."
Multiple NYC startups secured new funding during the week ending 9/20. Chestnut Carbon raised a $90M Series B extension led by CPP Investments; founded by Ben Dell in 2021, total reported equity funding reaches $450M. WorkFusion raised $45M led by Georgian for its agentic AI platform addressing financial crime compliance; founders include Andrew Volkov, Max Yankelevich, and Mikhail Abramchyk, with total reported equity funding of $386.3M. Clerq raised $12M via an SEC filing from nine investors; founders Ben Markowitz and Truett Dwyer founded the company in 2022 and reported total equity funding of $19.7M. Vibranium Labs announced a $4.6M seed round.
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