Over a billion dollars raised by NYC startups in August! Everything you need to need to know about the largest NYC startup funding rounds of August 2020; broken down by industry, stage, investors, and 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 fundings for the week ending 8/22/20 featuring funding details for Dutchie, ICON, Exo, and much much more.
As a crypto investor, Zac Prince recognized how underdeveloped the ecosystem for financial products around crypto was. He cofounded BlockFi to advance the digital asset economy by enabling crypto to be used to help people achieve their financial goals within the existing finance ecosystem. Today, BlockFi offers interest-bearing crypto accounts, lending using crypto as collateral, and plans to roll out a credit card with crypto rewards. Zac shares some more insight about the company’s impressive traction ($1.5B+ AUM), the product pipeline, and latest round of funding from investors that include Morgan Creek Digital, Valar Ventures, CMT Digital, Castle Island Ventures, Winklevoss Capital, SCB 10X, Avon Ventures, Purple Arch Ventures, and Kenetic Capital. BlockFi is the only company that comes to mind that closed its Series A, B, and C rounds all within a period of 12 months!
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 for the week ending 5/25 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Refinery29, Siemplify, […]
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 5/20/2019 featuring funding details for Schrodinger, Agrilyst, and much more.