Fundings & Exits
Editor’s Note: Micah Rosenbloom is a Venture Partner at Founder Collective, a seed-stage venture capital fund. Marc Andreessen has said that there are 15 companies per year that generate 90% of the returns for VCs. Startups jockey for position in the “Billion Dollar Club.” In the world of startups we don’t have the S&P 500, we have the “Unicorn 50.” Fab… Read More
Photo-sharing application Memoir, a Timehop competitor that allows you to rediscover old photo “memories,” has raised an additional $5.5 million in a round led by Redpoint Ventures’ Ryan Sarver. Others participating included prior investors Founder Collective, Box Group, Lerer Ventures and Thrive Capital. The company had previously raised $1.2 million in seed funding.… Read More
Youbetme, the startup behind the social betting app of the same name, announced today that it has raised $2.7 million in Series A funding.
Youbetme says it launched the app in January. The company bills itself as a way to “bet on anything, at any time,” either through its iOS app or it’s website. To be clear, it doesn’t support real-money betting, but rather tracking… Read More
GoPro fell more than 9 percent today, after it priced its secondary offering at $75 per share, a discount to its market price. The company ended regular trading today at $71.74 per share, or a several dollar negative delta to the proposed price. The company will sell 1,287,533 itself, while prior shareholders will sell 9,072,967. Underwriters of the sale may purchase 1,554,075 shares as… Read More
FastPay, a startup offering credit to digital media companies, is announcing that it has raised $15 million in additional equity funding.
That description might not sound particularly sexy, but FastPay seems to be tackling a common problem for companies that serve as middlemen between online publishers and advertisers (such as ad agencies, demand side platforms, supply side platforms, ad… Read More
Today Kaufmann Mercantile has announced the close of a $3.2 million Series A funding round led by 14W, with participation by Dave Morin, Justin Shaffer, and Slow Ventures, among others.
Kaufmann Mercantile is an online retailer that focuses on the curation of luxury, high-quality products. You could think of it a bit like Fab.com, but with a focus on luxury products as opposed to funky design. Read More
We’ll need to produce 70% more food by 2050 to sustain a world population expected to grow to 10 billion. Yet agriculture startups struggle to get the funding, manufacturing, and test facilities needed to build tech that could boost food production. To fix that disconnect, Google Chairman Eric Schmidt’s Innovation Endeavors and Flextronics Lab IX today launched Farm2050, a… Read More
Deep Identity, a Singapore-based startup that helps companies manage access to their internal networks and services, has raised US$470,000 (SG$589,000) to expand its services into the cloud and open a presence in Europe. Read More
“You Can’t Bootstrap This Business” Says Marley Spoon CEO, After Recipe-Kit Service Scoops Up $5M Series A
Despite taking at least two fatalities in the U.K. — both Housebites and Dinnr dead-pooled earlier this year — the cook-at-home food delivery startup idea looks like it’s here to stay. After Shuttlecook launched in London earlier this week, the latest to throw its chef’s hat in the ring is Marley Spoon, which has expanded beyond Germany, to launch in the U.K., and… Read More
There are tons of products and services out there that make an office more efficient, from specialized industry software to something as simple as an Amazon Prime membership. But there’s no service that comprehensively handles the maintenance and everyday care of the actual space. That’s where Managed By Q comes in. The startup just raised $1.65 million in seed funding from… Read More