Raise Scoreboard
Week 43Modal Labs, Inc. $602MFormfactor Inc $300MXona Space Systems Inc. $239MWaveDivision Capital XIX, LLC $163MSend Cut Send, Inc. $140MTCG Opportunity Fund II, LLC $113MCarter Investment Holdings, L.P. $112MTown.com, Inc. $104M

2026 season

Biggest startup raises in Pennsylvania, 2026

$1.50B across 250 new raises reported on Form D by companies based in Pennsylvania this season. Last season: $2.60B across 282.

This week Week 43, 2026 (Oct 19–25)

#CompanyLeagueRaisedRaisingFiled
1StoryFlight Labs, PBC rookieTech$755K$1.5MOct 21
2449 Nfa Jv, LLC rookieReal Estate$400K$1.1MOct 20
3S.T.L. Resources Drilling Fund H, LP rookieEnergy$117K$100MOct 19

By league

Pennsylvania raises by leagueReal Estate$361M · 60Tech$296M · 49Energy$273M · 13Bio & Health$238M · 48Finance$132M · 17Open$116M · 45Main Street$87.8M · 18

Weekly totals

Pennsylvania weekly totals$81M$161MW18: $22MW18W19: $4MW20: $5MW21: $31MW22: $18MW22W23: $35MW24: $17MW25: $19MW26: $3MW26W27: $128KW28: $13MW29: $137MW30: $35MW30W31: $0W32: $5MW33: $14MW34: $25MW34W35: $161MW36: $13MW37: $29MW38: $71MW38W39: $6MW40: $16MW41: $139MW42: $105MW42W43: $1MW43

Season leaders top 50

#CompanyLeagueRaisedRaisingFiled
1Pierian Energy LLC rookieEnergy$117M$300MJul 15
2EfficientAI CorpTech$93.1M$103MAug 24
3WhiteHawk Minerals Corp.Energy$75M$75MOct 5
4Cs Large Cities Housing Fund II, L.P. rookieReal Estate$73M$150MApr 16
5ChargeItSpot, LLCTech$57.1M$57.1MAug 25
6Alveus Therapeutics, Inc. rookieBio & Health$56.9M$111MJan 14
7Merion Multifamily Fund IV, L.P. rookieReal Estate$50M$50MFeb 20
8WhiteHawk Minerals Corp.Energy$50M$50MOct 5
9Penn United Technologies, Inc. rookieMain Street$40.9M$40.9MOct 15
10Gather AI, Inc.Tech$40M$40MFeb 18
11Equus Multifamily Partnership, L.P. rookieReal Estate$34.3M$600MMar 16
12First Keystone CorpFinance$32.5M$32.5MOct 13
13Cox Capital Retail Secondaries Fund I, LP rookieFinance$31.1M$150MJul 23
14Peaceable Street Capital Income Fund I, LLC rookieReal Estate$30M$30MApr 16
15Xpect Solutions Parent Holdings LLCOpen$29.5M$29.5MSep 18
16Verismo Therapeutics, Inc.Bio & Health$28M$28MMay 20
17NewSpring Holdings Federal (Vista) LLCOpen$27.4M$27.4MSep 18
18Modillion Fund I, LP rookieReal Estate$25.2M$30MApr 9
19Cagent Vascular, Inc.Bio & Health$24.5M$41MJun 5
20FSH Technologies, Inc. rookieTech$24.1M$24.1MAug 21
21Voltify Inc.Energy$22.6M$23.9MMar 18
22CBCC 2026 Investors, LLC rookieReal Estate$21.7M$21.7MMar 13
23Asian Financial CorpFinance$20M$20MMar 17
24Merion Black Bear, L.P. rookieReal Estate$18M$18MFeb 20
25Csw As VII Ww, L.P. rookieReal Estate$16.7M$16.7MMay 27
26Tolerance Bio Inc. rookieBio & Health$15.1MindefiniteJun 18
27Acnb CorpFinance$15M$15MMar 19
28Hyperion Bancshares, Inc.Finance$14.7M$15MJun 12
29DCS AM Holdings LLC rookieOpen$14.7M$14.7MSep 29
30CorePower Magnetics, Inc.Main Street$14.4M$14.6MSep 8
31Penn United Technologies, Inc. rookieMain Street$13.8M$13.8MOct 15
32Peca Labs, Inc.Bio & Health$12.8M$21.5MOct 9
33MCP Sawgrass Holdings LLC rookieReal Estate$12.6M$12.6MMar 27
34Lungpacer Medical, Inc.Bio & Health$12M$20MApr 28
35PSC Ambassadors Fund TGA VI LLC rookie provisionalReal Estate$11M$11MJul 9
36NovoLINC Inc. rookieTech$10.2M$10.2MJan 6
37Diamond Kinetics, Inc.Tech$8.6M$12.1MJan 7
38Bass Rock Capital LLC rookieOpen$8M$10MJan 15
39KoKo Medical, Inc.Bio & Health$8M$8MFeb 13
40CSW 400 Market, L.P. rookieReal Estate$7.9M$7.9MApr 2
41Pharma Solutions USA, Inc. DBA LighthouseAITech$7.9M$8.1MApr 9
42Lungpacer Medical, Inc.Bio & Health$7.8M$30MOct 14
43Plowshare Holdings LLCBio & Health$7.8M$19MOct 14
44Modlogiq, Inc. rookie provisionalMain Street$7.1M$12.7MAug 14
45Noveome Biotherapeutics, Inc.Bio & Health$6.8M$15MAug 27
46Plowshare Therapies LLC rookieBio & Health$6.7M$6.7MAug 31
47Odyssey Apts, LLC rookieReal Estate$6M$6MFeb 25
48QorTek, Inc. rookieTech$5.7M$5.7MSep 16
49Pleopharma, Inc.Bio & Health$5.5M$15MAug 10
50Healthy Humans Tea LLCMain Street$5.1MindefiniteJan 27