Freshly, the meal delivery service for freshly-prepared meals, has agreed to be acquired by global food conglomerate Nestle for $950M with an additional $550M in earnouts possible.
Purple Arch Ventures
SALIDO, the restaurant management platform, has been acquired by Michigan-based North American Bancard, the electronic payment processor. The terms of the transaction were not disclosed.
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!
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/20/2020 featuring funding details for Klara, BlockFi, and much more.
The volatility of the crypto market has raised serious doubts about its value, and one of the biggest drawbacks has been the lack of ability to use crypto as a true financial instrument. BlockFi is building out the crypto infrastructure to offer financial products and services centered around crypto. BlockFi presently offers free crypto trading, […]
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/13/2020 featuring funding details for BlockFi, Ramp Financial, and much more.