Treet raises $3.5M to help modern brands grow responsibly with branded resale
We're so excited about the progress Treet has made and excited to bring First Round Capital onto the team. Since our their last round in June 2021, they went from 2 co-founders to a 15-person all-star team, from 5 brands to 65+, and increased GMV by over 600%. Congrats to the Treet team on this round of new funding!
Manufacturing software startup Fulcrum raises $18.8M, emerging from stealth
Fulcrum, a Minneapolis-based software-as-a-service firm focused on modernizing manufacturing, has exited stealth mode to announce it has raised $18.8 million in Series A financing. This funding round was led by Bessemer Venture Partners, and we participated along with Bread & Butter Ventures, Motivate Venture Capital, Battery Ventures, Social Starts, and Schematic Ventures. We're so excited to be along on this journey with the Fulcrum team!
TechCrunch Live Event: Why this Californian founder moved to Minneapolis to build a B2B fintech
With a recording included, this article includes the interview of Atif Siddiqi, founder and CEO of Branch, and Ryan Broshar on how the venture ecosystem of Minneapolis has evolved over the years. The two share their tips for founders outside coastal tech hubs looking to raise capital, bring in customers and make an impact on their industries far beyond their immediate locales.
Natty featured on Found in the Rockies podcast
Natty joined Les Craig from Next Frontier Ventures to talk about his background and the Colorado startup ecosystem.
Airspace Link announces Series B
Airspace Link announces a $23M Series B round as they rapidly grow, led by Avanta Ventures and including Morningside, Caprock, Altos Ventures, Indicator Ventures, 2048 Ventures, Detroit Venture Partners and Thales Group. Congratulations to the Airspace Link team!
Airspace Link's drone tracking platform gathers government customers before going global
Detroit-based Airspace Link has positioned itself as a provider of increasingly important infrastructure in the burgeoning drone services space, letting operators get local and federal approval quickly. With $23 million in new backing, the company now plans to take its platform to other countries looking to get their drone industries off the ground.
Helio's Eric Reinhardt: Switching from natural gas to electricity will reduce Colorado’s smog
Eric Reinhardt, founder of Matchstick portfolio company Helio Home, wrote this opinion piece in The Colorado Sun about the power of reimagining how we power our homes and our lives in reducing smog, specifically in the Denver area.
StackHawk raises Series B
Big congrats to Joni, Ryan, Scott and the entire StackHawk team on raising their Series B to continue their leadership driving Developer-First Security. This new capital will acclerate their novel approach to application and API security testing.
PingPong acquired by Grain
We're excited to share the exciting news that PingPong (a stealth investment from Matchstick) is joining Grain! Together, they're going to build Grain into the category-leader in helping teams capture the power of video. A huge thank you to Jeff, Murphy and the whole PingPong team for such hard work and dedication over the PingPong journey.
Grain is also announcing they've raised $16M in Series A funding, led by Tiger Global Management.
Excited for what's to come for these teams! Congrats to everyone involved!