Noah Medical Got $150M, Clerkie Secured $33M, and More SF Tech News

Catch up on the latest developments from the Bay Area tech sector.
Written by Ashley Bowden
April 24, 2023Updated: April 24, 2023
Jian Zhang, Noah Medical founder and CEO, poses for a photo.
Jian Zhang, Noah Medical founder and CEO. | Photo: Noah Medical 

Flush with funding from rounds of all sizes, many Northern California tech innovators are fueling their next stage of growth after last week’s moves. Spanning industries from robotics to gaming, learn what these Bay Area companies are up to. This is the Built In SF Weekly Refresh.

Noah Medical secured $150M. Headquartered in San Carlos, Noah Medical develops commercial robotics solutions for healthcare systems. Its new injection of Series B funding will go toward meeting increased demand for its Galaxy System, a tool designed for navigated robotic bronchoscopy. [GlobeNewswire]

Semgrep pulled in $53M. The company developed a solution for security and software engineers that scans code for vulnerabilities. Semgrep’s Series C funding came by way of investments from Lightspeed Venture Partners, Felicis, Redpoint and Sequoia and will help the company invest in technology and product as well as expand its team. [Semgrep]

SF Tech Quote of the Week

“Ditto’s long-term vision is to build the world’s next great database. The addition of Acrew Capital and U.S. Innovative Technology fund as investors ... is a tremendous endorsement of the successful business we have built, the innovation we deliver that enables market disruption and the growth potential of Ditto.” — Adam Fish, Ditto co-founder and CEO

Ditto raised $45M. Ditto developed an app database that runs anywhere, from edge devices to the cloud, to ensure programs can always access important data. The Series A funding for the distributed data platform will help the company grow across sales and marketing and expand its tech into new platforms, industries and use cases. Acrew Capital led the round. [Accesswire]

Clerkie pulled in $33M. Striving to help users alleviate their debt burdens, Clerkie operates a financial automation platform that offers individualized guidance and payment options. The company announced a round of Series A funding led by Left Lane Capital that will go toward growing its engineering team and scaling its debt workout tools. [PR Newswire]

Bay Area companies are innovating with AI. A quarter of the way through 2023, a number of San Francisco-area tech companies have made moves to incorporate artificial intelligence tech into their existing product solutions. Names like Google and Adobe have jumped on the bandwagon. Find out how these companies and others are building toward an automated future. [Built In SF]

In more funding news: Mountain View-based digital marketplace company Capitola pulled in $15.6 million from Munich Re Ventures to grow its platform and accelerate sales. [Business Wire]

Virtual reality game studio Vinci Games raised $5.1 million in seed funding from Makers Fund to support the creation of its first title, Blacktop Hoops. [Business Wire]

Jobs at Ditto

San Francisco startup guides

Top Software Engineer Jobs in San Francisco
Best Companies to Work for in San Francisco
Women in Tech: San Francisco Bay Area
Best Sales Jobs in San Francisco Bay Area