There is no summer slowdown for NYC tech startups. July was the single-best month for startup funding with $4B+ invested into 84 companies. Here are some of the leading rounds. Everything you need to need to know about the largest NYC startup funding rounds of July 2021; broken down by industry, stage, investors, and more…
When the live game-show HQ debuted in 2017 it was an instant hit with millions of users signing on concurrently to take a chance at winning in trivia. Although the company did not ultimately survive, the success of a new form of interactive entertainment did not go unnoticed. This NYC startup takes it a step further by focusing on the intersection of gaming, streaming, game shows, and broadcasting. Genvid is a technology infrastructure provider and now publisher focused on what the company calls massive interactive live events (MILEs). The company initially focused on building infrastructure tools for interactive streaming but saw there was a significant opportunity on the publishing side. For its first experience, it partnered up with Pipeworks Studios for Rival Peak, a 24/7 interactive reality show with AI characters participating in an elimination-style competition that was broadcasted on Facebook. Following the popularity of this new format, the company is now planning on building more MILEs both internally and with licensed IP owners as partners. Genvid will also continue to provide the infrastructure tools through its SDK for others to build their own MILEs.
AlleyWatch caught up with Cofounder and CEO Jacob Navok to learn more about the inspiration for the business, how the company has created a new category of entertainment, strategic plans, and latest round of funding from investors that include Valor Equity Partners, Atreides Management, Galaxy Interactive, Horizons Ventures, OCA Ventures, and Makers Fund, Valor, Atreides, Third Point, Cobalt Capital, LightShed Ventures, XN, and Lux Capital.
24 fundings; $600M+ invested in NYC startups in the past week. NYC Tech News for the week ending 6/12 featuring news for Clair, Frame.io, and much, much more.
$114M in new capital raised across 8 deals including 5 fundings you will not read about anywhere else. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/11/2021 featuring funding details for Framework, Nirvana Health, and much more.
Everything you need to need to know about the largest NYC startup funding rounds of April 2021; broken down by industry, stage, investors, and more…
26 fundings; $715M+ invested in NYC startups in the past week. NYC Tech News for the week ending 4/24 featuring news for HYPR, Per Diem, Percent, and much, much more…
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 4/24/21 featuring funding details for Clasy, Bitmovin, and twenty-seven other rounds that you must know about.
A busy day in NYC funding with ten companies raising funding, representing over $300M in new cash.