Tempe
Venture funding by year
Show as a table
| Year | Venture funding | Rounds |
|---|---|---|
| 2019 | $686.1M | 21 |
| 2020 | $170.0M | 23 |
| 2021 | $285.4M | 20 |
| 2022 | $438.5M | 23 |
| 2023 | $55.7M | 6 |
| 2024 | $146.1M | 9 |
| 2025 | $67.8M | 7 |
| 2026* | $21.0M | 3 |
Industries
- Health86
- Marketing55
- Enterprise software50
- Energy45
- Fintech43
- Real estate39
- Education35
- Food31
- Semiconductors31
- Media24
And 20 more industries.
Companies in Tempe
553–576 of 687 companies
- Snapterms
Legal
Early stage · 2–10 employees
Sogno Toscano, translating to "Tuscan Dream," is a single-brand importer and distributor of authentic Italian foods, serving restaurants, retailers, and direct consumers across the United States. They grew up together in Bolgheri, a town in the Tuscan countryside, and moved to New York City in 2006. Operating from a one-bedroom apartment, they initially supplied local NYC restaurants, offering private-labeled bottles with no minimum order requirements, which helped them gain a foothold in a competitive market. The business operates a multi-channel model, including B2B wholesale, direct-to-consumer (D2C) e-commerce, and a growing number of lifestyle cafés. The wholesale division supplies thousands of chefs and restaurants with a wide array of Italian products. The company pivoted to a D2C model during the COVID-19 pandemic in 2020, revamping its website to sell directly to households nationwide. Building on this, Sogno Toscano has opened lifestyle cafés and showrooms in locations like New York City, Santa Monica, and Phoenix, which serve as retail outlets, wine bars, and espresso bars, offering an immersive brand experience. The company's revenue is generated through these three channels: wholesale distribution, online retail, and café sales. Sogno Toscano's product portfolio includes over 300 items under its own brand, ensuring a seal of approval on every product. Their offerings range from extra virgin olive oils, balsamic vinegars, and pastas to cheeses, cured meats, and other pantry staples. The company emphasizes its control over the supply chain, from selecting producers in various regions of Italy to rigorous testing and quality control. Many of their products are GMO-free, and their suppliers are FDA certified. This vertically integrated, single-brand model allows the company to maintain high standards of quality and authenticity from production to delivery.
Breakout · 51–200 employees
- Solar Pool Technologies
Energy
Solar-Breeze is a company that specializes in solar-powered robotic pool cleaners designed to make pool maintenance effortless and eco-friendly. Their flagship product, the Solar Breeze NX2, operates autonomously using solar energy, eliminating the need for pool pumps, hoses, or electrical outlets. This innovative device intelligently navigates the pool surface, collecting debris in an easy-to-clean tray, ensuring that pools remain crystal clear and swim-ready at all times. Solar-Breeze primarily serves residential pool owners who are looking for a cost-effective and environmentally friendly solution to pool cleaning. The company operates in the home and garden market, focusing on sustainable and energy-efficient products. Solar-Breeze generates revenue through the direct sale of their robotic pool cleaners, which are priced at $628 USD and come with a one-year limited warranty. Their business model is centered around providing high-quality, durable products that reduce the time and effort required for pool maintenance, thereby enhancing the overall customer experience.
Early stage · 2–10 employees · $2.3M raised
- SolarSPELL
Education
Early stage · 11–50 employees
- Solestial
Energy, Space
Solestial is a solar energy company that specializes in the development of silicon-based solar panels for space applications.The company's primary focus is on creating low-cost, high-efficiency solar panels that are resistant to the damaging effects of radiation in space. This is achieved through a proprietary technology that allows for the mass production of these panels, which are designed to be easily integrated into a wide range of satellite architectures.Solestial's business model is centered around supplying its solar panels to satellite manufacturers and operators in both the private and public sectors. The company aims to disrupt the space power market by offering a more affordable and scalable alternative to traditional, more expensive solar panel technologies. By doing so, it seeks to enable a new generation of space-based services and applications that are currently limited by the high cost of power.
Breakout · 11–50 employees · $29.1M raised
- Solid State Networks
Enterprise software
Early stage · 11–50 employees
Late stage · 1001–5000 employees
- Sonoran Biosciences
Health
Early stage · 2–10 employees · $2.1M raised
- Sonoran Video Systems
Semiconductors
Early stage · 1 employees
- Sonoranroots
Health
Early stage
- Source4interiors
Fashion
Early stage
Breakout · 51–200 employees
- Spinewallet
Fashion
Early stage
- Sportiqe
Fashion, Food
They focused on blending comfort with style, a combination that quickly gained traction among consumers. Sportiqe's unique approach involved collaborating with major sports teams and events, which helped them establish a strong foothold in the market.A significant milestone for Sportiqe was their partnership with the NBA, which allowed them to expand their reach and visibility. This collaboration not only boosted their brand recognition but also opened doors to further opportunities in the sports apparel industry.Over the years, Sportiqe has grown from a small startup to a well-recognized lifestyle brand. Their commitment to quality and innovation has been a driving force behind their success. Today, Sportiqe continues to thrive, offering a wide range of products that appeal to a diverse audience, from sports enthusiasts to fashion-forward individuals.
Breakout · 51–200 employees · $700K raised
- SpringActive
Robotics, Semiconductors
Early stage · 2–10 employees · $1.4M raised
- SRN Hosting
Hosting
Early stage · 11–50 employees
- Startup Central
Real estate
Startup Central is a technical venture capital accelerator and industrial developer located in Tempe, Arizona, scheduled to open in September 2025. The firm is focused on supporting hard-tech startups by providing them with flexible industrial space, access to specialized equipment, and a support system of resident experts, staff, and operators. This model is designed to help early-stage companies in sectors like advanced manufacturing, semiconductors, and climate tech to scale their operations efficiently. The project is a joint venture between the Mortenson construction and real estate development company and Arizona State University (ASU). It is located within the ASU Research Park’s MacroTechnology Works, a facility that already houses several high-tech companies and provides access to advanced research tools and labs. This strategic location offers tenants opportunities for collaboration with other technology firms and access to ASU's research capabilities and talent pool. Startup Central aims to address a critical gap in the market by offering physical infrastructure and hands-on technical support, which are often significant barriers for hardware-focused startups.
Early stage · 2–10 employees
- StatBroadcast Systems
Gaming
Early stage · 2–10 employees
- State Drives
Semiconductors
State Drives is an online retailer specializing in IT hardware and networking devices. The company offers a broad range of products, including hard drives, solid-state drives (SSDs), servers, processors, memory, power supplies, and various networking components. It serves a diverse clientele, from individual IT professionals to larger enterprises, by providing hardware from major brands like Dell, IBM, and HP. The business operates on a direct-to-consumer e-commerce model, where revenue is generated through the sale of these IT components via its website. Customers can create accounts to track orders and streamline future purchases. State Drives focuses on supplying scalable and reliable hardware to support business infrastructure and modernization needs.
Early stage · 2–10 employees
- Statistics & Data
Health, Enterprise software
Breakout · 51–200 employees
Early stage
Early stage
- Stealth Startup
Security
Early stage
Early stage
Recent venture rounds
| Company | Round | Amount | Date | Investors |
|---|---|---|---|---|
| ProPlaintiff.ai | Early VC | Undisclosed | Jul 2026 | Not disclosed |
| Basata | Series A | $21.0M | May 2026 | Cowboy Ventures, Basis Set Ventures, PHX Ventures +1 more |
| LifeGuides | Growth Equity VC | Undisclosed | Jan 2026 | Castellan Group |
| RunBuggy | Series B | $37.0M | Oct 2025 | Centana Growth Partners |
| DMD systems Recovery, Inc. | Growth Equity VC | Undisclosed | Sep 2025 | Tailwind Capital |
| Shilo AI | Seed | $2.6M | Jun 2025 | The Levi Rodgers Real Estate Group, The MPH Team, AZ-VC +6 more |
| Solestial | Series A | $17.0M | May 2025 | Techstars, Airbus Ventures, AE Ventures +6 more |
| Uplinq | Series A | $10.0M | May 2025 | LiveOak Venture Partners, Next Coast Ventures, AZ-VC |
| Morphos Ai | Early VC | $500K | May 2025 | Not disclosed |
| Purityresource | Seed | $680K | Apr 2025 | Not disclosed |
- Dali Capital Partners1 deal in 12 months
Tempe
- Van Tuyl Companies1 deal in 12 months
Tempe
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- Biodesign Institute
Tempe
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- Center for Entrepreneurship and New Business Design
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- Biodesign Institute
Tempe
- Center for Entrepreneurship and New Business Design
Tempe
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