Unicorn Nest news
Shop Latinx, the First Curated and Leading Marketplace for the Latinx Community, Announces Close of Initial $1 Million Pre-Seed VC Funding
– Shop Latinx raised $1M in funding from investment partners Precursor Ventures, Backstage Capital, Debut Capital, 2PM, Humble Ventures, Hispanics in Philanthropy, Silicon Hills Capital, Techstars, among several other consumer angel investors.
– Shop Latinx has experienced exponential growth since its founding by entrepreneur Brittany Chavez in 2016, from a fan favorite Instagram account championing Latinx brands, designers and their stories to a full e-commerce marketplace boasting a community with over 100,000 highly engaged fans.
– Shop Latinx now features over 600 intentionally curated one-of-a-kind products from over 30 brands from brilliant creators and entrepreneurs with rich stories.
Unicorn Nest news
Pass It Down Raises Nearly $2M in Funding
– Pass It Down is a digital storytelling company based in Baton Rouge.
– Company raised nearly $2m in funding.
– The round was led by VentureSouth, with participation from Cultivation Capital, Techstars, Red Stick Angels and Acadian Capital Ventures.
– The new investment will be used to create and launch Iconic Moments, an NFT marketplace exclusively for the world’s museums and cultural institutions, in the fourth quarter of 2021.
Unicorn Nest news
MaxRewards banks $3M to reveal best payment methods that reap the most rewards
– MaxRewards, a digital wallet app that manages credit cards and automatically activates benefits like rewards, cashback offers and monthly credits, raised $3m in seed funding.
– The round was co-led by Dundee Venture Capital and Calano Ventures.
– Other investors include Techstars, Fintech Ventures Fund, Service Provider Capital and Fleetcor president Nick Izquierdo.
Unicorn Nest news
Metrobi Raises Seed Funding
– Metrobi, a Boston, MA-based tech-powered fulfillment solution for local food and beverage wholesale, raised a seed funding round of undisclosed amount.
– The round was led by 212.vc with additional institutional funding from Techstars. Previous investors include Walnut Ventures, TBD Angels as well as notable angel investors.
– The company intends to use the funds to expand its solution into new markets and build additional technology for its customers.
Unicorn Nest news
Cubbit Raises €7M in Funding
– Cubbit from Bologna develops a green cloud storage solution that does not use centralized server farms.
– The company raised €7m in funding.
– The round was led by Techstars, Primo Ventures, Digitech Fund – Azimut Libera Impresa, CDP Venture Capital Sgr, Gellify, the members of IAG (Italian Angels for Growth), and the Family Office of Massimo Prelz Oltramonti.
– The new investment will be used to grow B2C and B2B Sync&Share cloud services, develop new solutions (i.e. Backup and Object Storage), and launch Next Generation Cloud, a distributed cloud network reserved to pioneers companies.
Unicorn Nest news
Gig Wage Raises Additional $3.25M in Venture Debt
– Gig Wage provides a FinTech payroll platform which enables employers to instantly pay 1099 workers while offering independent contractors an efficient way to receive payments.
– The company has raised $16.45m to-date from Green Dot Corporation (NYSE: GDOT), Silicon Valley Bank, Foundry Group, Continental Investors, Techstars, Revolution’s Rise of the Rest Seed Fund and more.
– Gig Wage also announced the addition of Clarisa Lindenmeyer as Chief of Staff to the CEO and Chief Brand Officer.
Unicorn Nest news
UpsideHōM, a fully managed, tech-enabled living space for older adults in the United States, has raised a funding round
– UpsideHōM, a senior living community, raised $2.25m in seed funding.
– The round was led by Triple Impact Capital and Freestyle Capital, with participation from Techstars.
– The company plans to launch a software platform to take out all the clutter from move-in and maintenance.
Unicorn Nest news
Adoption Platform PairTree Raises $2.25 Million in Seed Round to Modernize Industry
– PairTree announced the closing of a $2.25m seed financing round to modernize adoption through its use of technology to enable a more ethical, affordable and equitable adoption process.
– As one in eight couples suffers from infertility, more people are seeking alternate paths to parenting, including more than five million families looking into adoption in the U.S. every year.
– PairTree’s seed round was led by Urban Innovation Fund, with Founder Collective, Female Founders Alliance and Techstars as the other major participants.
Unicorn Nest news
Hydrosat raises $5M seed round to deliver ground temperature data to customers
– Hydrosat, a geospatial data analytics startup, raised $5m in seed funding.
– The round was led by Cultivation Capital’s newly launched Geospatial Technologies Fund with participation by Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, Synovia Capital, and the University of Michigan.
– The company plans to launch its first satellite in 2022.
Unicorn Nest news
Ganaz Raises $7M in Series A Funding
– Ganaz, a Seattle, WA-based provider of a workforce management platform for agriculture and food manufacturing, raised $7m in Series A funding.
– Backers included Bessemer Venture Partners, Founders’ Co-op, Taylor Ventures, AgFunder and Techstars. In conjunction with the funding, Peter van Oppen, a Partner at Trilogy Equity, joined the Ganaz board.
– The company intends to use the funds for further expansion of its platform.
Unicorn Nest news
Treet, with $2.8 million in seed funding, gets brands involved in the resale market
– Treet, a company rethinking the resale retail market, announced the close of a $2.8m seed round.
– The financing comes from Bling Capital, Matchstick Ventures, Techstars, BAM Ventures, BBG Ventures, Green Meadow, Interlace Ventures, V1.VC and Alante Capital.
– Despite the fact that selling old clothes is the most sustainable and most financially beneficial way to dispose of them, the process can be super tedious for both sellers and buyers.
– Treet’s approach to simplifying its market and lowering consumer friction is to go through brands.
– Essentially, Treet helps brands set up their own resale sites where buyers and sellers can list and find items.
Unicorn Nest news
Axle raises $10M Series A to advance its freight financing services
– Axle announced it raised $10m Series A financing.
– The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners and others, including existing investors Anthemis Group, Techstars and Plug and Play Ventures.
– The company’s services allow incumbent operators to quickly modernize and compete against new startups.
– Axle says its solutions also automate carrier payments, invoicing and collections, which allows operators to connect all aspects of their fright operations.
– The company plans to use the new capital to expand operations, develop new services and strengthen the company’s payment and financing platform.
Unicorn Nest news
Waffle Closes $5 M Total Seed Funding Round and Launches All-In-One Insurance Solution
– Waffle announced a total $5m seed round led by Verve Ventures, with participation from BetterLabs Ventures and Techstars.
– The company is launching in both iOS and web, which is available across all 50 states and connects users with top-rated nationwide insurance providers in minutes.
– Waffle offers the ‘YOU’ insurance – one platform to protect you, everyone and everything you love. This includes your car, home, life, travel, pet, digital life, identity, friends and family.
– Waffle partners with some of the best insurance companies in the business to offer their users simple, fully customizable products with broad coverage and limited to no exclusions.
Unicorn Nest news
eola Raises $2.8M in Funding
– eola is a London, UK-based operating system for experience providers.
– The company raised $2.8m in Series A funding.
– The round was led by Pentech Ventures, with participation from Techstars and leaders in travel and technology.
– The new investment will be used to expand the company’s technology, team and commercial presence.
Unicorn Nest news
Pixxel To Launch the World’s Highest Resolution Hyperspectral Smallsat Constellation
– Pixxel closed a $7.3M seed round with new capital from Omnivore VC, Techstars, and others, who are joining alongside Lightspeed Ventures, Blume, growX, Ryan Johnson, former President at Planet Labs, and additional industry leaders.
– The company’s first hyperspectral satellite will launch within the next few months.
– Compared to the common multispectral satellites prevalent today, Pixxel’s hyperspectral earth-imaging satellites are able to beam down 50x more information by capturing light reflected in far more detail and using narrower bands beyond just red, green and blue.
– This technology allows Pixxel to capture exact chemical signatures and offers more accurate solutions to previously unsolvable issues in industries such as agriculture, energy and environmental conservation.
Unicorn Nest news
Parabol Raises $8M In Series A Funding
Unicorn Nest news
Lengoo Raises USD 20M in Series B Funding
– Lengoo, a language tech company from Berlin, raised USD 20M in Series B funding.
– The round was led by Inkef Capital with existing investors Redalpine, Creathor Ventures, and Techstars also participating alongside angel investors Matthias Hilpert and Michael Schmitt.
– New investors also include Polipo Ventures and Volker Pyrtek (former CPO of Deutsche Telekom).
– The company intends to use the funds to accelerate global expansion and advance the development of their proprietary NMT framework for ultra customization of neural machine translation models for the professional use case.