Oregon Venture Fund

DIGS EXTENDS FUNDING TO $14 MILLION TO ACCELERATE GROWTH WITH BUILDERS, ADDS COO TO SCALE OPERATIONS AND ADVANCE MARKETPLACE STRATEGY

Retrieved on: 
Thursday, January 25, 2024
Fuse, Corsair, OVF, Oregon Venture Fund, PSF, Jef, Partner (business rank), Flying fish, Growth

VANCOUVER, Wash., Jan. 25, 2024 /PRNewswire/ -- Digs, an AI collaboration platform for home builders and homeowners, announces expanding its funding and C-suite with additional investment and new executive staff. The combination aims to accelerate the initial momentum of the company's rollout and fuel the launch of a marketplace.

Key Points: 
  • The combination aims to accelerate the initial momentum of the company's rollout and fuel the launch of a marketplace.
  • The new $7 million Seed round, led by Oregon Venture Fund (OVF) and Legacy Capital Ventures , includes follow-on participation from investors in the prior $7 million pre-seed round.
  • To help scale the platform, Digs has added veteran technology executive Jef Holove as Chief Operating Officer.
  • As part of Digs' marketplace strategy, builders can engage in an ongoing opportunity with homes they construct and partner with Digs to share marketplace revenue throughout the life of the home.

Qualtik Partners with JAM FINTOP

Retrieved on: 
Wednesday, October 25, 2023
JAM, Credit, CRE, Environment, Growth, Oregon Venture Fund, Risk, Software, Bank

PORTLAND, Ore., Oct. 25, 2023 /PRNewswire/ -- Qualtik, a technology company that equips community banks and other commercial lenders with software to visualize risk, analyze, and report on their commercial loan portfolios, has partnered with JAM FINTOP.

Key Points: 
  • PORTLAND, Ore., Oct. 25, 2023 /PRNewswire/ -- Qualtik, a technology company that equips community banks and other commercial lenders with software to visualize risk, analyze, and report on their commercial loan portfolios, has partnered with JAM FINTOP.
  • JAM FINTOP(1) is a venture capital firm that invests in bank technology on behalf of regulated financial institutions.
  • Qualtik is helping community banks around the country as they navigate these challenges, and our relationship with JAM FINTOP can accelerate our growth," said Mark Prior, Qualtik Founder and CEO.
  • We are excited to partner with Qualtik and believe its platform can be incredibly helpful to banks in the current environment, where more detailed CRE loan analytics and stress testing are critical," said Matt Kelley, Director of the JAM FINTOP Network.

Wicked Saints Harnesses the Magic of Game Mechanics to Empower Gen Z to Take Powerful Action

Retrieved on: 
Wednesday, September 13, 2023
Hatred, Gen, Walking Dead, Woman, Hope, Riot Games, Oregon Venture Fund, Loneliness, Generation Z, Movement, Creativity, University of Pennsylvania, Organization, Athlete, Grammatical mood, Corporation, Social change, Knowledge, Common Ground, Female, Saint, Corporate development, Entertainment, Video game, Toy, Black

MEDFORD, Ore., Sept. 13, 2023 /PRNewswire-PRWeb/ -- Wicked Saints, the Black female-led video game studio that utilizes behavioral technology to create interactive games empowering Gen Z, today announces $3.5M in seed funding co-led by Riot Games and Oregon Venture Fund, with participation from a collective of angels and funds who bring creativity, diversity of thought, deep gaming expertise and more. With pre-seed funding, a total of $4.6 million in funding puts CEO and cofounder Jess Murrey into a rarefied group of Black women who've raised more than $1 million. The money will go to bringing Wicked Saints' first title to market, launching a new genre of mobile games that bridges in-game mastery to real-world self-efficacy, so Gen Z players can change themselves and their world. The new game modality and connection to Gen Z has sparked interest from both global nonprofits and top brands.

Key Points: 
  • The new game modality and connection to Gen Z has sparked interest from both global nonprofits and top brands.
  • "Wicked Saints empowers players to believe in and hone their own abilities through immersive storytelling, gameplay, and community.
  • Wicked Saints is currently building its flagship game, World Reborn , an interactive story game with real-life quests facilitated by augmented reality.
  • Wicked Saints is on a mission to empower a generation that's immersed daily in conflict, ranging from political divide to the loneliness epidemic.

Commercial real estate platform Source secures $8.5 million in Series A funding led by M13

Retrieved on: 
Tuesday, August 1, 2023
M13, Growth, Construction, Housing, ROI, Oregon Venture Fund, Tenant, Rise, Video game, Rest, Source, IHG

Source, a leading B2B marketplace for commercial construction products, today announced it closed on $8.5M Series A funding round.

Key Points: 
  • Source, a leading B2B marketplace for commercial construction products, today announced it closed on $8.5M Series A funding round.
  • PORTLAND, Ore., Aug. 1, 2023 Source, a leading B2B marketplace for commercial construction products, today announced it closed on $8.5M Series A funding round.
  • Founded in 2019, Source digitizes and streamlines commercial real estate projects through a single cloud-based platform to support the budgeting, product and material selection and purchasing of projects.
  • "We're incredibly excited to partner with the world class team at Source whose platform is reinventing commercial real estate construction with the speed and scale customers require today."

Quine Reaches Significant Milestone, First Ever Graph to Process Over One Million Events Per Second

Retrieved on: 
Thursday, September 29, 2022
Software, Apache, CrowdStrike, Database, Graph, Oregon Venture Fund, GitHub, Apache Cassandra, Kinesis, Publishing, CEO, Founder, ETL, GLOBE, DataStax, AI, ML, Online shopping

PORTLAND, Ore., Sept. 29, 2022 (GLOBE NEWSWIRE) -- thatDot, Inc ., the pioneer in streaming graph event processing software, today announced that Quine streaming graph, their real-time graph data processor for ETL pipelines, shattered all existing graph performance benchmarks by processing 1 million events per second, enhancing its real-time capabilities to sub-milliseconds.

Key Points: 
  • PORTLAND, Ore., Sept. 29, 2022 (GLOBE NEWSWIRE) -- thatDot, Inc ., the pioneer in streaming graph event processing software, today announced that Quine streaming graph, their real-time graph data processor for ETL pipelines, shattered all existing graph performance benchmarks by processing 1 million events per second, enhancing its real-time capabilities to sub-milliseconds.
  • While most graphs top out around thousands of events per second or less, Quine can process over 1 million simultaneous writes and also execute the equivalent of over 1 million four-node graph queries simultaneously.
  • Quine is not just a game changer for graph data workloads, but for event stream processing as well, and the breakthrough of over 1 million events per second is significant for our users, said Ryan Wright, CEO, and Founder of thatDot.
  • thatDots portfolio of software includes Quine , an open-source streaming graph solution for event-driven applications.

Innosphere Ventures Fund Makes Pre-Seed Investment into RedDrop Dx, Inc. to Help Revolutionize at Home Blood Draws

Retrieved on: 
Thursday, September 22, 2022
Medtech, Health, Sickness, CO, Blood, Oregon Venture Fund, Diabetes, CBC, Patient, Pregnancy, Physician, Venture capital, Fort Collins, Colorado, Â, Thigh, Diagnosis, Collection, Arm, Phlebotomy, Walter Reddrop, GLOBE, Thyroid disease, Software as a service, Anemia, Medical device, Clean technology

RedDrop Dx intends to disrupt the blood collection experience and market by providing a novel blood collection device.

Key Points: 
  • RedDrop Dx intends to disrupt the blood collection experience and market by providing a novel blood collection device.
  • The device is designed to be pain-free and can be self-operated to collect the amount of blood required for biologically-relevant tests.
  • The device allows the blood collection process to be done quickly, painlessly, and without a trained professional.
  • For more information on Innosphere Ventures and this investment, contact Tim Jones, Innosphere Ventures Fund Principal, at (970) 818-7738.

With $15M in Series A Funding, TrovaTrip Expands to Make Group Travel Easier for Creators and Their Communities

Retrieved on: 
Tuesday, September 20, 2022
Income, Host, Rover.com, Traveler, Growth, Partnership, Learning, Oregon Venture Fund, Hunger, Travel, Elevate Capital, CEO, Yoga, Leadership, Ministry of Health & Wellness, GLOBE, Communication, Tourism

The investment will allow TrovaTrip to further advance its platform and expand access to more creators and their communities.

Key Points: 
  • The investment will allow TrovaTrip to further advance its platform and expand access to more creators and their communities.
  • TrovaTrip continues to demonstrate leadership in a competitive space and in one of the most challenging environments in travel history, says Jacobson.
  • The TrovaTrip platform makes it seamless for creators, called Hosts, to plan, sell and host multi-day experiences with their communities around the globe.
  • Headquartered in Portland, Oregon, TrovaTrip is the first travel planning and booking platform that connects creators and communities directly with tour operators to offer unforgettable group travel experiences around the globe.

Atlantic Union Bankshares Corporation Appoints Rilla Delorier to Board of Directors

Retrieved on: 
Thursday, June 16, 2022
Oregon Venture Fund, SunTrust Banks, American Banker, Triple accreditation, AUB, MBA, Norma Deloris Egstrom from Jamestown, North Dakota, Technology, PNC Financial Services, Atlantic Union Bank, Bain & Company, Umpqua Holdings Corporation, Company, LLC, Strategic planning, Coast, GLOBE, University, Nasdaq, Community Bank, Harvard Business School, Board of directors, Board, Digital transformation, Woman, Management, Marketing, Science

RICHMOND, Va., June 16, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Rilla Delorier has been appointed to its Board of Directors, effective immediately.

Key Points: 
  • RICHMOND, Va., June 16, 2022 (GLOBE NEWSWIRE) -- Atlantic Union Bankshares Corporation today announced that Rilla Delorier has been appointed to its Board of Directors, effective immediately.
  • We are excited to welcome Rilla as the newest member of our Board, said Ronald L. Tillett, Chairman of the Companys Board of Directors.
  • Her skills will be a great addition to our Board as we continue to transform Atlantic Union Bankshares into the premier mid-Atlantic regional bank.
  • Headquartered in Richmond, Virginia, Atlantic Union Bankshares Corporation (Nasdaq: AUB) is the holding company for Atlantic Union Bank.

Innosphere Ventures Fund Invests in Medtech Company with Innovative Point of Care Testing Solution

Retrieved on: 
Wednesday, June 8, 2022
Science, Eye, Cadi, Chief executive officer, Doctor of Philosophy, CEO, Venture, Solution, GLOBE, Technology, Infection, Fort Collins, Colorado, PCR, Colorado State University, Severe acute respiratory syndrome coronavirus 2, Clinical trial, Reading, POC, Oregon Venture Fund, CO, Software as a service, Miniature X-ray Solar Spectrometer CubeSat, Medtech, Nasal cavity, Pharmaceutical industry, Vaccine, Clean technology, Immunoassay

This device can be used at the point of care (POC) or at-home and is more accurate than current point-of-care (POC) solutions, faster than laboratory solutions, and easy to use.

Key Points: 
  • This device can be used at the point of care (POC) or at-home and is more accurate than current point-of-care (POC) solutions, faster than laboratory solutions, and easy to use.
  • Capillary-Driven Immunoassay (CaDI) technology allows for a fully automated, laboratory-style test to be run in the palm of your hand.
  • For more information on Innosphere Ventures and this investment, contact Tim Jones, Innosphere Ventures Fund Principal, at (970) 818-7738.
  • Innosphere Ventures accelerates the success of science and technology-based startups through its unique accelerator and commercialization programs, specialized laboratory facilities, and venture capital fund.

Regulatory Software Startup Kivo, Inc. Announces Seed Funding to Accelerate Regulatory Information Management Platform Development

Retrieved on: 
Thursday, April 7, 2022
Momentum, Drug development, RIM, Compliance, IND, ICH, Environment, Commercial, Software, Enterprise, ISI, Running, Oregon Venture Fund, Engineering, StepChange, Risk management, Unicru

PORTLAND, Ore., April 7, 2022 /PRNewswire/ -- Kivo, Inc., a provider of regulatory software, today announced it has closed a $3 million seed round of funding.

Key Points: 
  • PORTLAND, Ore., April 7, 2022 /PRNewswire/ -- Kivo, Inc., a provider of regulatory software, today announced it has closed a $3 million seed round of funding.
  • Kivo will use the investment to scale engineering and sales to meet the growing demand for Kivo's Regulatory Information Management (RIM) platform.
  • Kivo spun out from regulatory strategy and consulting leader Facet Life Sciences at the beginning of the year and launched its new regulatory information management platform in March.
  • "This investment accelerates our ability to deliver features to customers and build even more sophisticated tools for regulatory management," Zolman added.