On March 18, 2025, NYC startups announced notable funding rounds, with Graphite leading with $52 million in Series B funding to enhance its AI-driven coding platform. The funding was led by Accel, contributing to Graphite's total of $72 million equity funding since its establishment in 2020. Crossmint also secured $23.6 million in venture funding led by Ribbit Capital for its blockchain backend services. Meanwhile, Level raised $2.6 million to boost its stablecoin offerings, with total funding reaching $6.2 million. AlleyWatch provides ongoing updates on these developments.
Graphite, an AI-powered code review platform, has successfully raised $52M in Series B funding, increasing its total equity funding to $72M since its 2020 inception.
Crossmint, a blockchain backend solution, secured $23.6M in venture funding led by Ribbit Capital to enhance its offerings for companies looking to build on the blockchain.
Level, which offers a stablecoin with DeFi-native yield, raised $2.6M in venture funding, bringing its total funding to $6.2M, aiming to expand its market presence.
AlleyWatch highlights the latest funding rounds in NYC's startup ecosystem, focusing on innovative companies that are shaping the future of technology and finance.
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