Summary:
Austin is a growing hub for young professionals and tech companies.
LinkedIn ranked the top 8 startups in Austin based on growth and talent metrics.
Saronic Technologies leads in maritime security with $175 million in funding.
Nuclein is revolutionizing biotechnology with its DASH machine.
Closinglock offers fraud prevention solutions for real estate.
Curative provides innovative health insurance solutions.
Fox Robotics is advancing warehouse automation technologies.
As Austin has become a hub for young professionals in recent decades, it has attracted major tech companies and fostered a thriving startup ecosystem. LinkedIn has analyzed its data to identify the 8 best startups to watch in Austin based on metrics like employment growth, engagement, and talent attraction. Here’s the list:
Saronic Technologies: Defense and Space Manufacturing
Saronic Technologies is redefining maritime security with advanced sensors, communication tech, and tracking equipment. Founded in 2022, it has 160 employees and raised $175 million in Series B funding.
Nuclein: Biotechnology Research
Nuclein is known for its DASH machine, a rapid PCR system for SARS-CoV-2 testing. Established in 2017, it employs 40 people and has secured $23.21 million in funding across four rounds.
Closinglock: Software Development
Closinglock specializes in fraud prevention technology for real estate transactions, offering identity verification and secure payment solutions. Founded in 2017, it has 60 employees and raised $12 million in Series A funding.
Backd Business Funding: Financial Services
Backd Business Funding focuses on small business funding, providing a B2B buy now, pay later option. Founded in 2018, it has 45 employees and access to significant funding.
Curative: Hospitals and Health Care
Curative launched a unique employer-based health insurance plan emphasizing simplicity and affordability. Founded in 2020, it is the largest company on the list with 210 employees and has raised at least $8 million.
CesiumAstro: Defense and Space Manufacturing
CesiumAstro designs communications modules and satellites for various applications. Founded in 2017, it has 140 employees and recently raised $65 million in Series B+ funding.
Fox Robotics: Automation Machinery Manufacturing
Fox Robotics is innovating warehouse automation with its advanced forklifts capable of complex tasks. Founded in 2017, it has 90 employees and raised $38 million over five rounds.
Made In: Manufacturing
Made In offers high-quality kitchen items, with its products used in prestigious restaurants. Founded in 2017, it has 40 employees and recently raised $8.33 million from investors.
Stay tuned to see how these startups will impact Austin’s economy and innovation landscape.
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