The AlleyWatch Startup Daily Funding Report: 4/7/2025
Briefly

NYC startups have secured significant investments as of April 7, 2025, with Runway raising $308M in a Series D funding round led by General Atlantic, bringing its total equity funding to $544.5M. Runway specializes in generative AI for video production. In addition, SuiteOp, focused on the short-term rental and hospitality sector, has raised $3M in Seed funding led by ScOp Venture Capital. Additionally, Light, a company creating a simplified smartphone to combat addiction, has raised $2M, increasing its total funding to $14.6M.
Runway raises $308M in Series D funding, increasing its total equity funding to $544.5M to further develop its generative AI model for video.
Light, known for the minimalist Light phone, secured $2M in funding, pushing its total equity funding to $14.6M as it fights smartphone addiction.
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