Entrepreneurship

King River Capital announces first close of Fund 2

Monday, July 26, 2021 - 11:27pm

King River Capital (King River), the leading technology-focused venture capital firm with offices in Sydney and the US, today announces the successful first close of its second fund (KRC Fund 2), securing commitments of US$95million.

Key Points: 
  • King River Capital (King River), the leading technology-focused venture capital firm with offices in Sydney and the US, today announces the successful first close of its second fund (KRC Fund 2), securing commitments of US$95million.
  • King River provides founders with the capital, experience, and global networks to support expansion and scaling of their platforms and products across international markets.
  • King River led Sentropy's Series A capital raise in November 2019, with King River co-founder, Megan Guy, serving on the company's board since then.
  • King River Capital invests in post-revenue, high-growth software businesses that are solving critical problems within large markets.

Mad Rabbit Announces Closing of $2M Seed Funding Round Led by Acronym Venture Capital With Participation From Mark Cuban

Monday, July 26, 2021 - 3:03pm

Mad Rabbit , a California-based tattoo aftercare brand, is pleased to announce that it has raised a $2 million seed round led by Acronym Venture Capital with participation from Mark Cuban and Stefon Diggs.

Key Points: 
  • Mad Rabbit , a California-based tattoo aftercare brand, is pleased to announce that it has raised a $2 million seed round led by Acronym Venture Capital with participation from Mark Cuban and Stefon Diggs.
  • With this funding, Mad Rabbit will continue to expand its experiential lifestyle brand and optimize its product offerings, manufacturing, and operations, and marketing efforts.
  • With a mission to fill a void in the tattoo aftercare market, Mad Rabbit officially launched a simple, effective, and skin-friendly tattoo balm.
  • Acronym Venture Capital looks to invest in strong, founder led brands that are defining consumer categories.

Angel Oak Companies to Acquire Canadian Startup Covience

Monday, July 26, 2021 - 3:00pm

As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (Angel Oak) announces its intention to acquire Canadian startup Covience in August 2021.

Key Points: 
  • As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (Angel Oak) announces its intention to acquire Canadian startup Covience in August 2021.
  • The Covience team is looking forward to joining Angel Oak and we feel that our complementing strengths will lead to incredible growth, says David Raju, founder and CEO of Covience.
  • Through its integrated credit and investment platform, Angel Oak Companies provides unique solutions across asset management and mortgage lending.
  • Angel Oak Ventures is a company focused on financial disintermediation and data analytics platforms that utilize the intellectual property of Angel Oak Companies to provide solutions to retail and institutional clients.

Vote Now for Startups of the Year, Presented by HackerNoon

Monday, July 26, 2021 - 8:05pm

Nominations are open to the public through September 6 2021, and each one is reviewed by the HackerNoon staff.

Key Points: 
  • Nominations are open to the public through September 6 2021, and each one is reviewed by the HackerNoon staff.
  • For all nominated startups with an American EIN, Brex is offering free $300 on a Brex credit card.
  • "Bybit is proud to support the 'Startups of the Year' initiative.
  • Out of 50 most-funded Middle-eastern startups, 33 are based in UAE, making it the absolute leader in the region.

Mach49 Catalyzes Growth in Sustainability-Focused Venture Building and Investing for Global 1000 Partners

Monday, July 26, 2021 - 3:05pm

Mach49 partners with leading multinationals to build their own internal incubators and accelerators to drive organic growth.

Key Points: 
  • Mach49 partners with leading multinationals to build their own internal incubators and accelerators to drive organic growth.
  • The team also helps global businesses design and launch their internal corporate venture capital (CVC) activities investing, partnering, and M&A.
  • "Mach49 was founded on the belief that through venture building and venture investing, global businesses can solve the world's most pressing problems, including climate change, water, poverty, health, and education," said Linda Yates, Founder and CEO of Mach49.
  • Mach49 focuses on execution, with a unique approach to venture building and investing fueled by decades of Silicon Valley operating experience and success.

NightDragon Closes $750M Growth Fund as Part of Next-Generation Cybersecurity, Safety, Security and Privacy Platform

Monday, July 26, 2021 - 12:00pm

The fund comes at a time when physical and cybersecurity threats are significantly damaging businesses and government organizations around the world.

Key Points: 
  • The fund comes at a time when physical and cybersecurity threats are significantly damaging businesses and government organizations around the world.
  • "I could not be prouder to announce this NightDragon fund and work alongside this team, our partners and the broader NightDragon Network to support this critical mission."
  • NightDragon Growth I is part of the broader NightDragon Platform, which includes partnerships, people and programs at every stage of the startup journey from incubation to IPO and exit.
  • NightDragon is an investment and advisory firm focused on growth and late-stage investments within the cybersecurity, safety, security and privacy industries.

ThreeD Capital Inc. Acquires Securities of Bluesky Digital Assets Corp.

Saturday, July 24, 2021 - 1:35am

TORONTO, July 23, 2021 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, announces that through a series of transactions ending July 22, 2021 (Acquisitions), ThreeD and its Joint Actor acquired ownership and control of an aggregate of 272,000 common shares (the Subject Shares) of Bluesky Digital Assets Corp. (the Company or Bluesky).

Key Points: 
  • TORONTO, July 23, 2021 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, announces that through a series of transactions ending July 22, 2021 (Acquisitions), ThreeD and its Joint Actor acquired ownership and control of an aggregate of 272,000 common shares (the Subject Shares) of Bluesky Digital Assets Corp. (the Company or Bluesky).
  • The Subject Shares represented approximately 0.70% of all issued and outstanding common shares of the Company.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
  • The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Grovara Co-Founders Abu Kamara and Peter Groverman, Esq., Named to NSBA’s Small Business Technology Council To Advocate For High-Tech, Innovative Small Companies

Friday, July 23, 2021 - 1:40pm

Grovara , the easy global wholesale experience, announces that co-founders Abu Kamara and Peter Groverman, Esq., were recently named to the National Small Business Associations (NSBA) Small Business Technology Council (SBTC) .

Key Points: 
  • Grovara , the easy global wholesale experience, announces that co-founders Abu Kamara and Peter Groverman, Esq., were recently named to the National Small Business Associations (NSBA) Small Business Technology Council (SBTC) .
  • Prior to co-founding Grovara, Kamara launched an e-commerce startup for discounted products, and later co-founded a business development group to establish export markets for consumer products.
  • Most of our brand partners start out as small businesses running on passion, sweat, and a great idea or product.
  • I am proud to have Abu Kamara and Peter Groverman as part of our SBTC, stated NSBA President and CEO Todd McCracken.

Tutors International Announced as Finalists in the Growing Business Awards

Friday, July 23, 2021 - 12:00pm

OXFORD, England, July 23, 2021 /PRNewswire/ -- Prestigious private tutoring company, Tutors International ,has been announced as finalists for the 2021 Growing Business Awards in two categories: ' Customer Experience and Loyalty ' and ' Growing Business of the Year Smaller Company '.

Key Points: 
  • OXFORD, England, July 23, 2021 /PRNewswire/ -- Prestigious private tutoring company, Tutors International ,has been announced as finalists for the 2021 Growing Business Awards in two categories: ' Customer Experience and Loyalty ' and ' Growing Business of the Year Smaller Company '.
  • In both of the categories in which they are finalists, Tutors International is the only company in the Education sector.
  • The Growing Business Awards is in its 23rd year, establishing itself as 'the most credible and highly valued recognition of exceptional growing businesses.
  • ( www.growingbusinessawards.co.uk )
    Since 1998, the Growing Business Awards have been honouring the UK's most outstanding entrepreneurs and high-growth businesses.

Tutors International Announced as Finalists in the Growing Business Awards

Friday, July 23, 2021 - 12:00pm

OXFORD, England, July 23, 2021 /PRNewswire/ -- Prestigious private tutoring company, Tutors International, has been announced as finalists for the 2021 Growing Business Awards in two categories: 'Customer Experience and Loyalty' and 'Growing Business of the Year – Smaller Company'.

Key Points: 
  • OXFORD, England, July 23, 2021 /PRNewswire/ -- Prestigious private tutoring company, Tutors International ,has been announced as finalists for the 2021 Growing Business Awards in two categories: ' Customer Experience and Loyalty ' and ' Growing Business of the Year Smaller Company '.
  • In both of the categories in which they are finalists, Tutors International is the only company in the Education sector.
  • The Growing Business Awards is in its 23rd year, establishing itself as 'the most credible and highly valued recognition of exceptional growing businesses.
  • ( www.growingbusinessawards.co.uk )
    Since 1998, the Growing Business Awards have been honouring the UK's most outstanding entrepreneurs and high-growth businesses.