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August 28, 2025 - Deals
Bright Harbor Raises $10.1 Million Seed Round Led By Congruent Ventures And Lowercarbon Capital
Bright Harbor, led by its founder/CEO Joel Wish, has raised a $10.1 million seed round co-led by Congruent Ventures and Lowercarbon Capital, with participation from Crystal Venture Partners, Everywhere Ventures, Knight Ventures, Kindergarten Ventures, Jetstream Venture Fund, and Draft Ventures. The company is building a “disaster operating system” to help enterprises and governments support communities before, during, and after disasters, using AI-powered tools, trusted vendors, and data insights to streamline recovery for survivors. With the new funding, Bright Harbor plans to expand its enterprise partnerships, collaborate with governments to boost community resilience, and scale tools that simplify every stage of disaster recovery.
INVESTORS: Congruent Ventures, Lowercarbon Capital, Crystal Venture Partners, Everywhere Ventures, Knight Ventures, Kindergarten Ventures, Jetstream Venture Fund & Draft Ventures
ROUND: Seed
AMOUNT: $10,100,000
HQ: #Austin #Texas
#VentureCapital #BrightHarbor #JoelWish #CongruentVentures #LowercarbonCapital #CrystalVenturePartners #EverywhereVentures #KnightVentures #KindergartenVentures #JetstreamVentureFund #DraftVentures #TradedVC
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View AllAptera Motors Partners With Launch Design For $44 Million Production ProgramAptera Motors, the solar electric vehicle startup, has partnered with Shanghai-based Launch Design on a production program valued at up to $44 million to support the company’s first customer-bound vehicles. The agreement covers assembly tooling, vehicle testing, pilot production and future manufacturing, with the first 40 production vehicles targeted for delivery in late 2026. Launch will cover roughly one-third of program costs through warrants for up to about $15 million in Aptera stock, while Aptera Co-CEO Chris Anthony said the partnership will bring manufacturing expertise and supply-chain capabilities without adding significant capital burdens. Co-CEO Steve Fambro added that Launch’s global footprint could help support future expansion beyond the U.S.
FOUNDERS: Steve Fambro & Chris Anthony
VALUATION: $44,000,000
HQ: Carlsbad, California
#VentureCapital #ApteraMotors #LaunchDesign #TradedVC
Vessev Secures $19 Million Series A Funding Led By Blackbird Ventures For Electric Hydrofoil ExpansionNew Zealand-based electric hydrofoil maker Vessev has raised $19 million in a Series A and follow-on financing round to accelerate production of its VS-9 vessel line, expand its global team, and support plans to manufacture in the United States. The round was led by Blackbird Ventures, with participation from new investors GD1 and Rypples alongside existing backers K1W1, Icehouse Ventures, Shasta Ventures, and NZVC. The company, led by co-founder and CEO Eric Laakmann, is entering the U.S. market with FlyTahoe as its first American customer and plans demonstrations in New York City, Washington D.C., and Lake Tahoe as it expands sustainable electric water transit.
FOUNDERS: Max Olson & Eric Laakmann
INVESTORS: Blackbird Ventures, GD1, Rypples, K1W1, Icehouse Ventures, Shasta Ventures & NZVC
ROUND: Series A
AMOUNT: $19,000,000
HQ: Auckland, New Zealand
#VentureCapital #Vessev #MaxOlson #EricLaakmann #TradedVC