The AlleyWatch Startup Daily Funding Report: 5/15/2025
Briefly

The AlleyWatch Startup Daily Funding Report: 5/15/2025
"Blank Street, a modern neighborhood coffee chain, has secured $21M in its latest funding round, contributing to a total of $134.8M raised since its inception."
"Cartwheel, an AI animation platform founded in 2023, has successfully raised $10M in a funding round led by Craft Ventures, totaling $15.6M raised to date."
In recent funding news for NYC startups as of May 15, 2025, Blank Street has successfully raised $21 million in its latest funding phase, aiming for a total offering of $25 million with ten investors involved. Since their founding in 2020, Blank Street has accumulated a total of $134.8 million in equity funding. Additionally, Cartwheel, an AI-powered animation platform established in 2023, secured $10 million in a round led by Craft Ventures, bringing its total funding to $15.6 million.
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