The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 1/13/2022 featuring funding details for Fable, Accrue Savings, and much more
It’s estimated that Americans spent $110B in 2021 on their pets. Given this massive market, there has been very little in terms of innovation and design incorporated into pet products. Typical pet products tend to look sterile and more likely to be found in a hospital than in someone’s home. Fable is a direct-to-consumer pet product brand that prioritizes innovation and aesthetics that fit into the modern era. The company offers a line of versatile pet products including the company’s signature Crate ($395), a modern crate that pets will love that doubles as a side table to fit seamlessly into any decor. Founded by a brother and sister duo in 2018, Fable plans to expand into retail along with expanding its product line. AlleyWatch Fable Cofounder and CEO Jeremy Canade (ex-Jet) to learn more about the team’s vision for the business, the company’s strategic plans, and latest funding round from investors that include14W, Female Founders Fund and Slow Ventures.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 12/18/21 featuring funding details for Innovaccer, SnapLogic, and thirteen other rounds that you need to know about.
16 new deals and $692M+ in new funding for NYC startups during a busy week. NYC Tech News for the week ending 12/11 featuring news for Kumospace, Deed, Tassat, and much, much more.
There are a number of software platforms that allow users to build advanced animations like vectoring, CGI, stop-motion animation, and motion graphics that yield cinematic assets with fluid transitions and realistic effects like Warners Bros brand assets at the beginning of a film or the Netflix logo sting when the app is launched. Among the most widely recognized platforms are Adobe’s After Effects and Apple’s Final Cut Pro, where designers create motion graphics on a single-frame basis that are combined to yield the animation. However, these platforms require specialized knowledge making them inaccessible to the growing types of individuals and teams that are powering the creator economy. Fable has built the next-generation web-based motion design and platform that’s versatile enough to be used by skilled designers as well as those new to animation. Think of it like the Canva for motion design. Since the platform handles the rendering in the cloud, there are no onerous requirements for computational or graphics power. Unlike other platforms, Fable is built to be collaborative to handle the workflows of teams. It is free to join with paid Pro and Team plans available; all come with access to a growing library of tips and tutorials.
AlleyWatch caught up with Fable Cofounder and CEO Chris Boardman to learn more about how the technology for Fable emerged after being built as an internal business to support a different venture, the state of the motion graphics software market, the company’s strategic plans, and latest round of funding from investors that include Redpoint Ventures, Collaborative Fund, SIP Global Partners, Harrison Metal, Third Kind Venture Capital, and LightShed Ventures.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 12/7/2021 featuring funding details for ButterflyMX, Fable, and much more.