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 the things that you may have missed in NYC Tech News for the week ending 3/28 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Fatherly, Kallyope, OneThreeBiotech, and much more…
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The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
iCapital Network, the alternative investment fund raising platform, has raised $146M in additional funding from investors that include Goldman Sachs, The Carlyle Group, JP Morgan Chase, Credit Suisse, Blackstone Group, BlackRock, UBS, Hamilton Lane, BNY Mellon, Ping An Global Voyager Fund, Morgan Stanley Investment Management, Affiliated Managers Group, and Westcap. Founded by Dan Vene, John Robertshaw, Nick Veronis, and Phil Pool in 2013, iCapital Network has now raised a total of $183M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Kallyope, the biotech startup focused on understanding the gut-brain axis, has raised $112M in Series C funding from investors that include Polaris Partners, Lux Capital, Two Sigma Ventures, The Column Group, Bill Gates, Alexandria Venture, Illumina Ventures, Euclidean Capital, Casdin Capital, and Greenspring Associates. Founded by Charles Zuker and Tom Maniatis in 2015, Kallyope has now raised a total of $143M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Letgo, the local online marketplace, has been acquired by OfferUp. The terms of the transaction were not disclosed but Letgo’s majority investor, OLX Group, will own 40% of the combined entity. Read AlleyWatch’s full coverage – Letgo Acquired by OfferUp to Consolidate Local Online Marketplaces
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Redpin Therapeutics, the gene therapy company focused on treating neurological and psychiatric disorders, has raised $15.5M in Series A funding from investors that include Takeda Ventures, New York Ventures, Arkin Bio Ventures, and 4BIO Capital. Founded by Elma. S Hawkins, Jeffrey M Friedman, Sarah Stanley, Scott Sternson, Michael Kaplitt, and Jonathan S. Dordick in 2017, Redpin Therapeutics has now raised a total of $17M in reported equity funding.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Teachable, the edtech platform that allows anyone to affordably create and sell online courses, has been acquired by Hotmart, a global platform for online courses. Terms of the transactions were not disclosed but sources close to the transaction have indicated that the transaction amount was approximately $250M. Read AlleyWatch’s full coverage – Teachable Acquired by Hotmart as the Online Class Market Consolidates
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Muze, the creative messaging and social media platform, has raised $4.9M in funding according to a recent SEC filing funding. The filing indicates that the total offering is for $5.1M and that there were eleven investors in this close. Listed in the filing as Directors are Arjun Sethi of Tribe Capital and Konstantine Buhler of Sequoia Capital. Muze was founded by Douglas Witte, Willem Simons, and Fenner Stevens in 2018.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
OneThree Biotech, the drug discovery platform that uses biology-driven AI to accelerate development, has raised $2.5M in Seed funding from investors that include Primary Venture Partners and Meridian Street Capital. OneThree Biotech was founded by Neel Madhukar, Coryander Gilvary, and Bradlay Pryde in 2018. We first reported about OneThree Biotech’s round in January based on an SEC filing. Read more – OneThree Biotech Raises $2.5M to Disrupt Drug Discovery
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Monaeo, a SaaS platform that manages business travel compliance from a tax and payroll perspective, has been acquired by SF-based Topia. Read AlleyWatch’s full coverage – Monaeo Acquired by Topia to Bring Travel Compliance to its Talent Mobility Platform
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Market Insight Out, the thought leadership and marketing platform for investment managers and advisors, has raised $850K in funding according to a recent SEC filing funding. The filing indicates that the total offering is for $1.5M and that there were four investors in this close. Market Insight Out was founded by Claire Watcher, Colby Stilson, and Vinay Nair in 2019.
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Fatherly, the online media company focused on parenting advice and resources for dads, has been acquired by Some Spider Studios, the media group operating a number of online parenting properties. The terms of the transactions were not disclosed but this an all-stock transaction. Read AlleyWatch’s full coverage – Fatherly Acquired by Some Spider Studios to be the Largest Online Destination for Parenting
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
Audm, the subscription app that turns long-form content into digital audio that is narrated by professional voice actors, has been acquired by The New York Times Company. The terms of the transactions were not disclosed. Read the full coverage – Audm Acquired by the New York Times to Turn Articles into Digital Audio
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.
fuboTV, the live-TV streaming platform, has agreed to be acquired by publicly-traded FaceBank Group, the character-based virtual entertainment company. Terms of the transactions were not disclosed but fuboTV will become a wholly-owned subsidiary of FaceBank Group after the transaction closes. Read AlleyWatch’s full coverage – fuboTV Acquired by FaceBank Group
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.