"Arc Boats, based in Los Angeles, has raised $50M to enhance its electric boat manufacturing, bringing its total equity funding to $150M, backed by notable investors."
"Assiduus Global, located in Atlanta, secured $25M to provide technology-enabled solutions for cross-border e-commerce, raising its total funding to $41M."
"Atlys, a San Francisco-based digital platform, raised $36M to facilitate visa application processing for international travelers, totaling $84.3M in equity funding."
"Candex, a New York-based fintech company, raised $7M to offer procurement and payment solutions, bringing its total funding to $120.5M."
The Weekly Notable Startup Funding Report highlights significant funding rounds for various startups in the US, totaling $2.5B for the week ending 3/21/26. Key funding includes Arc Boats with $50M for electric boats, Assiduus Global raising $25M for e-commerce solutions, and Atlys securing $36M for visa processing. Other notable mentions include Candex with $7M for fintech solutions and Cape with $100M. These investments reflect diverse sectors and growing interest in innovative technologies.
Read at Alleywatch
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