Fundings & Exits
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Circle with Disney raises $10 million for its parental control device for families
Circle Media, the company behind Circle with Disney – a device that helps parents enforce their home’s internet rules and restrictions – has raised $10 million in Series A funding, the company announced this morning. The round was led by early stage venture fund Relay Ventures. There was another private equity investment in the round, but the parties didn’t want to… Read More
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Our favorite startups from Alchemist Accelerator batch 15
Founded as an enterprise alternative to accelerator stalwarts like Y Combinator, Alchemist Accelerator has managed to assemble a solid track record in its five years of operation. Going into batch 15, 159 companies have graduated from Alchemist, of which 89 have closed institutional rounds and 15 have been acquired.
The latest batch of 19 companies surely hopes to push those numbers even higher. Read More
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Quiqup, a London-based on-demand delivery startup, raises £20M Series B
Quiqup, a London-based delivery startup that operates a “shop on your behalf” app similar to Jinn in Europe or Postmates in the U.S., in addition to a growing B2B business, has raised £20 million in Series B funding. Leading the round is Jobi Capital, a New York-based fund, with participation from Transmed, a leading distributor of fast-moving consumer goods, and existing investors. Read More
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WTF is an ICO?
A newly famous transaction type we need to understand is called the “Initial Coin Offering.” An ICO is akin to an IPO, but in temporal reverse (sort of). Although confusing, it has recently acquired prominence as a favored way to launch a new cryptocurrency. Merlon Intelligence raises $7.65 million in seed financing to combat money laundering
Flightcaster, Prismatic and now Merlon Intelligence. Bradford Cross, founder of the venture capital firm Data Collective is a known figure in the ranks of VCs who have caught the entrepreneurship bug, abandoning what could have been a cushy lifestyle for one with considerably more volatility. His third startup, Merlon Intelligence, services banks, helping them cut down on risk and put a… Read More
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Away nears 100K stylish suitcases sold as it raises $20M
What do people actually want in luggage? A phone charger, unbreakable exterior, and maximum packing space at a resonable price is what Away discovered. So it built a line of sleek but expansive polycarbonite suitcases equipped with battery packs, and sold them direct-to-consumer. Now after selling nearly 100,000 suitcases and generating $20 million in revenue, Away has raised a $20 million… Read More
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The Farmer’s Dog, a customized pet food subscription service, scoops up $8.1 million
The Farmer’s Dog wants to fill the bowls of canines everywhere with fresh food made especially for them. Based in New York City, the startup plans to expand its dog food delivery service after closing a $8.1 million Series A round led by Shasta Ventures. Returning investors Forerunner Ventures, Collaborative Fund, and SV Angel also participated. Read More
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CrowdStrike, the firm investigating Russian hacks, raised $100M, now valued around $1B
The business of hacking has dealt a huge blow to our democracy, not to mention a plethora of organizations and individuals, and our collective sense of sanity. One silver lining, however, has been that it has led to the emergence of a number of security startups that are building and deploying a range of tools to try to track and stop the nefarious activity. One of the larger of these… Read More
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There’s no shame in a $100M startup
The era of unicorn startups has created a distorted view of entrepreneurial success. All the talk about billion-dollar exits has inflated the numbers that define a win. Starting and selling a company for $100 million dollars is an outlier event in terms of pure entrepreneurial probability, but such outcomes are viewed as well short of success in many corners of today’s startup world. Read More
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Apple is shoring up Siri for its next generation of intelligent devices
Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More
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