With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News this week including the fundings, exits, and events.
Have notable company news that you would like included in The NYC Tech Week in Review? Send all pertinent details to WIR@alleywatch.com.
Legends Hospitality, the sports tech and media company, has raised a Venture round from New Mountain Capital. This is the company’s first round of funding.
Kobalt, the company empowering artists and songwriters by protecting their legal rights, has raised $75M in Series D funding led by Hearst Entertainment with participation from MSD Capital and Balderton Capital. Founder Willard Ahdritz has raised $191M in 4 rounds.
, the company creating smart factories, has raised $3.41M in Seed funding led by EQT Ventures in corroboration with Inbox Capital and LocalGlobe. This marks the company’s first round of raising capital.
, the company analyzing social media trends, has raised $9M from Spring Mountain Capital in Series B funding. The company has raised $19.6M over their 4 rounds.
, the company creating open source infrastructure solutions, has raised $27M in Series B funding led by Redpoint with participation from FirstMark Capital, Index Ventures, GV and Benchmark. The company has raised $53.5M to date.
, the nutraceutical hair loss research company, has raised a Series A round of funding led by Unilever and joined by CircleUp. This is the company’s first round of funding.
, the smart door company, has raised $10M in Series A funding led by RRE Ventures with participation Sterling.VC, Corigin Ventures, Expansion Venture Capital, Primary Venture Partners, Third Prime Capital and Lux Capital. The company has raised $26M over their 3 rounds.
, the digital designing and software company, has raised $2.2M in Seed funding from BlueTree Allied Angels, New York Angels and Keiretsu Capital. This is the company’s first round of funding.
, the chatbot for testing products, has raised $1.8M in Seed funding from Burch Creative Capital, Salesforce Ventures, and Y Combinator for the company’s third round of funding.
, the company reimagining pharmacies, has raised $20M in Seed funding from Virgin Group, Sound Ventures and Thrive Capital. This is founder Eric Kinariwala’s first round for the company.
, the company providing financial institutions with blockchain solutions, has raised $20M in Series A funding for the company’s first round. The funding was led by Euclid Opportunities and Wells Fargo & Company and joined in by Citigroup, Digital Currency Group, F-Prime Capital Partners, FinTech Collective, Andreessen Horowitz, Thomson Reuters, JP Morgan and Goldman Sachs.
, the mobile shopping app selling apparel to gardening tools, has raised $65M in Series C funding led by Fidelity Investments with participation from BoxGroup, Thrive Capital and Groupe Arnault. The company has raised $97.5M in just 3 rounds of funding.
CraftHounds, the on-demand craft beverage delivery platform, has raised an undisclosed amount in Seed funding from the group Friends and Family Investors and Brett Slavicek. This marks the company’s first round of funding.