Necessary Nuggets

Happy Wednesday! If you’re new here, welcome to Necessary Nuggets, your one-stop pre-seed shop. We deliver updates from Necessary Ventures and helpful tidbits on our little corner of the world. Every edition is also on our blog.

Looking forward to a hopefully restful Labor Day weekend ahead for everyone, enjoy a shortened version of this week’s newsletter.

Jobortunities 🚨

✨NEW FEATURED ROLE✨

Nevoya: First fully-electric trucking fleet in the United States, helping truckers trade gas-guzzling for environment-protecting. Get involved and tackle unsolved problems in the trucking industry.

| Founding Backend Engineer |

Taro: Taro increases access to healthcare while reducing costs and physician burnout via direct primary care based health insurance.

| Product Engineer |

Reach out with any questions! All 135 open job postings are listed here.

Market Stirrings 🚩

Here's what the week looked like in pre-seed:

Funding Information

$20.2M

Total Amount Raised

11

Total Funding Rounds

$1.9M

Average Dollars per Round

$6.1M-$18.4M

Estimated Valuation Range

Fire Up the Pre-Seeds🔥

Check out details on the pre-seed raises from the past week:

climatetech

Deep Fission - An underground operation.
Deep Fission raised $4 million led by 8VC. Deep Fission is placing nuclear reactors a mile underground to reduce costs while enhancing safety, sustainability, and efficiency.

fintech

Ark Labs - Putting Bitcoin where its mouth is.
Ark Labs raised $2.5 million led by Draper Associates. Ark Labs is creating a platform for seamless Bitcoin payments, making them faster and lower cost.

SatLayer - A platform for idle hands.
SatLayer raised $8 million led by Castle Island Ventures and Hack VC. SatLayer is developing a platform designed for those holding idle Bitcoin to secure the ecosystem and earn additional rewards.

artificial intelligence

Flikforge - Supporting the struggling AI-rtists.
Flikforge raised $167k at an $8 million pre-money valuation from Microsoft. Flikforge is creating a platform to create and monetize gen-AI-powered content, providing a “Universal ID” for content used to train AI platforms.

Harmonyze - Franchises of the future.
Harmonyze raised $2 million led by Bowery Capital. Harmonyze is developing custom AI agents to be the middle-man between franchisors and franchises, enhancing operational efficiency and reducing the administrative workload.

Saner.AI -An unforgettable aid.
Saner.AI raised $120k from Techstars. Saner.AI is building an AI-powered notes app designed for entrepreneurs with ADHD to capture and consolidate thoughts.

Outro🚪

Feel free to reply to this email with all questions, feedback, or comments. We’ll be iterating and curating the NVTC newsletter according to your interests.

Some last matters of business:

If you’re a technologist (engineer or product manager / designer with a technical background) join us on the NVTC LinkedIn group if you haven’t. We’d love to have you!
Sign up here if you’re interested in co-investing with Necessary.

If you’re a startup founder, we’d love to help where we can! Brex provides full-stack finance solutions for startups. Sign up via Necessary and get bonus points.

Thanks for reading, and see you next week!

San Francisco, California

Pre-seed raises raising the roof