16 fundings, $520M+ invested in NYC startups, 3 SPAC announcements, 1 IPO, and 1 IPO filing in the past week. NYC Tech News for the week ending 6/26 featuring news for BuzzFeed, Pavilion, Vantage, and much, much more.
Bee Partners
Moth+Flame Raises $2.5M for its Immersive VR-Powered Training Technology Platform
The market for VR training is expected to surpass $294B globally by 2030. VR learning to train people is more cost-efficient and effective than training in classrooms and online learning. In a recent PWC study, VR learners completed training 4x faster than classroom learners; VR learners were 4x times more focused than online learners and 1.5x more than classroom learners. Moth+Flame is a specialist in providing immersive VR training for the public and private sectors. The company focuses both on soft and hard skills focusing on things like workforce programs for diversity and inclusion and suicide prevention through conversational and role-play simulations; physical training simulations include pilot training and aircraft maintenance training for military applications. AlleyWatch caught up with Founder and CEO Kevin Cornish to learn more about how is time working with Taylor Swift inspired the business, the company’s strategic plans, and recent round of funding from investors that include Bee Partners, First In, Meeting Street Capital, Service Provider Capital, and Spacecadet.
The AlleyWatch Startup Daily Funding Report: 6/23/2021
~$70M in new funding announced! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/23/2021 featuring funding details for Moth+Flame, VERO Leasing, and much more.
The Weekly Notable Startup Funding Report: 5/17/21
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 5/15/21 featuring funding details for Ethos, Handshake, SightCall, and twenty-eight other rounds that you must know about.
The Weekly Notable Startup Funding Report: 4/12/21
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 4/10/21 featuring funding details for Sendbird, Mercato, and twenty other rounds that you must know about.
The Weekly Notable Startup Funding Report: 12/21/20
The notable startup fundings for the week ending 12/19/20 featuring funding details for Grin, LogiGate, StockX, and sixteen other rounds that you must know about.
NYC Construction Tech Startup TradeTapp Acquired by BuildingConnected
TradeTapp, an analytics platform for evaluating subcontractor risk, has been acquired by SF-based BuildingConnected, a platform for real estate owners and general contractors to hire subcontractors. Terms of the transaction were not disclosed.
#NYCtech Week in Review: 5/27/18-6/2/18
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. CLICK HERE TO SEE WHAT HAPPENED IN NYC […]
The AlleyWatch NYC Startup Daily Funding Report: 2/7/18
Here are the latest venture capital, seed, and angel deals for NYC startups for 2/7/18. This page will be updated throughout the day to reflect any new fundings.