Startup company

WayRay raises $80M in a Round C led by Porsche and joined by Hyundai Motor, JVCKENWOOD, and other investors, aiming to become a $1B company next year.

Retrieved on: 
Tuesday, September 18, 2018
Economy, Finance, Money, Entrepreneurship, Private equity, Neologisms, Unicorn, Valuation, Startup company, Porsche

Porsche first joined forces with WayRay for a pilot project at Startup Autobahn, Europe's biggestplatform forautomotive innovation.

Key Points: 
  • Porsche first joined forces with WayRay for a pilot project at Startup Autobahn, Europe's biggestplatform forautomotive innovation.
  • Now the premium German car manufacturer is leading investment Round C, along with ChinaMerchantsCapital,one of the largest Chinese investment companies.
  • By the end of 2019, the company aims to become a unicorn with a $1 billion valuation.
  • The investments will alsohelp todiversifyWayRay's portfolio ofapplicationsin different sectors from AR in transportation to AR smart glassin thesmart homebusinessandconstruction industry.

AngelMD Announces Strategic Alliance with Insperity to Support Startups

Retrieved on: 
Monday, September 17, 2018
Economy, Business, Entrepreneurship, Insperity, Startup company

In addition, Insperity will offer thought leadership resources to AngelMD startups to help them make strategic HR decisions.

Key Points: 
  • In addition, Insperity will offer thought leadership resources to AngelMD startups to help them make strategic HR decisions.
  • "We are always looking for companies that can take non-core functions off the backs of startups.
  • We want startup teams to be laser-focused on their core strengths," said Tobin Arthur, CEO of AngelMD.
  • For more information on the alliance between AngelMD and Insperity, or to get started, visit https://www.angelmd.co/en/partner-services .

Miami VC Rokk3r Fuel ExO among investors in $17M capital raise by HYP3R

Retrieved on: 
Monday, September 17, 2018
Economy, Finance, Money, Entrepreneurship, Private equity, Corporate finance, Venture capital, Startup company

MIAMI, Sept. 17, 2018 /PRNewswire/ --Rokk3r Fuel ExO, a global venture capital firm based in Miami, Florida, is among investors in a $17.3 million Series A round closed this month by San Francisco-based marketing-technology startup HYP3R .

Key Points: 
  • MIAMI, Sept. 17, 2018 /PRNewswire/ --Rokk3r Fuel ExO, a global venture capital firm based in Miami, Florida, is among investors in a $17.3 million Series A round closed this month by San Francisco-based marketing-technology startup HYP3R .
  • Founded in Miami in 2015, HYP3R was created through a collaboration with Rokk3r Inc. , a global idea-to-exit startup ecosystem aligned with Rokk3r Fuel .
  • "By leveraging cutting-edge technology, HYP3R has cracked the code to delivering the ideal customer experience," said Rokk3r Fuel ExO founder and managing director Jeff Ransdell.
  • Rokk3r Fuel ExO is a global venture capital firm committed to early- and later-stage investments.

Equiti Games Wins F50 Founder World Championship Global Startup Competition, Earning $2M in Investment

Retrieved on: 
Thursday, September 13, 2018
Economy, F50, Startup company

The finalists for the Global Startup Competition consisted of 20 startups competing from the United States, Canada and China.

Key Points: 
  • The finalists for the Global Startup Competition consisted of 20 startups competing from the United States, Canada and China.
  • "We are excited that the F50 judges saw the potential of our platform and the greenfield opportunities in the gaming market," said Tony Caputo, CEO and Founder, Equiti Games.
  • F50's produces events including Global Capital Summit, Synergy Blockchain Summit, and Founder World and offers products and services such as the F50 Report, Corporate Services, and the F50 Ventures Fund.
  • In 2015, F50, Google, SVE, and many other startup ecosystems came together to produce the first Founder World.

Curate Mobile Announces Milestone As First Time Ranking On The 2018 Startup 50 List

Retrieved on: 
Thursday, September 13, 2018
Economy, Entrepreneurship, Private equity, Startup company

22 on the 2018 Startup 50 ranking of Canada's Top New Growth Companies.

Key Points: 
  • 22 on the 2018 Startup 50 ranking of Canada's Top New Growth Companies.
  • Startup 50 winners are profiled in a special print issue of Canadian Business published with Maclean's magazine and online at CanadianBusiness.com .
  • Curate Mobile's platform is a simple, effective touch-point for advertisers looking to boost user value or increase their brand awareness on mobile.
  • Ranking Canada's Top New Growth Companies by two-year revenue growth, the Startup 50 profiles the fastest-growing startups in the country.

Angel Capital Association Study Provides New Insights on Angel Group Investments and Their Portfolio Companies

Retrieved on: 
Thursday, September 13, 2018
Finance, Investment, Economy, Angel investors, Private equity, Entrepreneurship, Angel Capital Association, Startup company

KANSAS CITY, Mo., Sept. 13, 2018 /PRNewswire/ --The Angel Capital Association released today the Angel Funders Report, a new study of angel group investments.The ACA report provides an initial picture on angel groups' investments, the startups they support and the factors that lead to business and investor success.

Key Points: 
  • KANSAS CITY, Mo., Sept. 13, 2018 /PRNewswire/ --The Angel Capital Association released today the Angel Funders Report, a new study of angel group investments.The ACA report provides an initial picture on angel groups' investments, the startups they support and the factors that lead to business and investor success.
  • Angel backed companies have more female CEOs: 21% of funded companies had a woman CEO.
  • This is a favorable comparison to VC-backed companies, which academic reports conclude only 2%-5% of such companies were led by females.
  • The Angel Funders Report is the first in an ongoing series from the Angel Capital Association developed to provide in-depth data on angel investment activities.

Nashville-based AVVAY Raises $1M Seed Round to Serve Content Creators

Retrieved on: 
Thursday, September 13, 2018
Economy, Business, Airbnb, Sharing economy, Vacation rental, Startup company, Nashville, Tennessee

NASHVILLE, Tenn., Sept. 13, 2018 /PRNewswire/ -- AVVAY , a startup that helps content creators find and book locations for their projects and events, is announcing its $1M seed round (SEC announcement set forSept.

Key Points: 
  • NASHVILLE, Tenn., Sept. 13, 2018 /PRNewswire/ -- AVVAY , a startup that helps content creators find and book locations for their projects and events, is announcing its $1M seed round (SEC announcement set forSept.
  • AVVAY is an online marketplace, in the vein of Airbnb, helping creatives book locations for photo/video shoots, recording sessions, workshops, performances and other creative events.
  • AVVAY's mission is to serve the rapidly growing community of content creators by allowing them to tap into resources previously only available to insiders or a select few.
  • They returned to Nashville in May, and with the closing of their seed round, the team is ready to continue AVVAY's growth.

TribalScale Announces Rebrand

Retrieved on: 
Wednesday, September 12, 2018
Economy, Business, Marketing, Entrepreneurship, Private equity, One, ZoomerMedia, Rebranding, Startup company

TORONTO, Sept.12, 2018 /PRNewswire/ - One of Canada's fastest growing companies, TribalScale, today announced the innovation firm's rebrand.

Key Points: 
  • TORONTO, Sept.12, 2018 /PRNewswire/ - One of Canada's fastest growing companies, TribalScale, today announced the innovation firm's rebrand.
  • TribalScale Venture Studios leverages its teams, processes, and tools to create, source, and scale startups in conjunction with corporate partners.
  • Overall, TribalScale partners and works with large corporations to enable client success in today's rapidly changing digital market.
  • For the rebrand, TribalScale engaged OneMethod, an award-winning digital and design agency.

Female Founders Alliance Announces Female-led Startups Selected for National Accelerator

Retrieved on: 
Wednesday, September 12, 2018
Economy, Entrepreneurship, Private equity, Business, Corporate finance, Venture capital, Startup company

SEATTLE, Sept. 12, 2018 /PRNewswire/ -- Female Founders Alliance (FFA), a business-accelerating network for female founders of venture scale companies, today announced eight startups selected to participate in Ready Set Raise , a national pitching and fundraising program designed to help female founders secure venture financing.

Key Points: 
  • SEATTLE, Sept. 12, 2018 /PRNewswire/ -- Female Founders Alliance (FFA), a business-accelerating network for female founders of venture scale companies, today announced eight startups selected to participate in Ready Set Raise , a national pitching and fundraising program designed to help female founders secure venture financing.
  • Trilogy's commitment, combined with virtual programming and free childcare, make Ready Set Raise the most accessible program of its kind in the country for female founders.
  • FFA and a group of angel investors and venture capitalists selected eight companies from a competitive pool of applicants from across North America.
  • Founded by CEO Leslie Feinzaig, Female Founders Alliance (FFA) is a business-accelerating peer network that connects female entrepreneurs with allyship, access, advancement, and amplification to help them and their startups succeed.

Touchjet USA Advances to Finals in $5 Million 43North Startup Competition

Retrieved on: 
Wednesday, September 12, 2018
Economy, Entrepreneurship, Private equity, Startup company

Click here to view a Touchjet USA introductory video supporting its selection as a 43North finalist.

Key Points: 
  • Click here to view a Touchjet USA introductory video supporting its selection as a 43North finalist.
  • "We're thrilled but not surprised to see Touchjet is a finalist in the 2018 43North Competition," said Stampede President & CEOKevin Kelly.
  • Touchjet is now completing Series A funding and has plans for a Series B round immediately following the 43North competition to fuel growth in 2019.
  • 43North is the $5 million startup competition, awarding cash prizes to some of the best entrepreneurs and startups from around the world.