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Month: October 2021

Portland’s Panic reveals early Apple iPod prototype to celebrate 20th anniversary

If you’re working with hardware, things can start off pretty clunky sometimes. And working prototypes are often a far cry from the final product that designed for manufacturing and assembly. Portland based Panic shared a great example of that. Revealing an early prototype of the Apple iPod in celebration of the 20th anniversary of Steve Jobs revealing the product.

Community kudos: Nate Frazier, Swell

Nate is always cheerleading for others, willing to help and dedicated to being a true ally. He will help if he can and connect if he can, with no strings ever attached. He and his wife are amazing people who live their values of love, compassion and service.

— Patricia Raicht

Follow Nate on Twitter.

Have someone you’d like to recognize? Give them the kudos they deserve.

Community kudos: Ciara Pressler, PREGAME

Being part of PREGAME has given me the clarity and accountability I need to stay on track to hit my goals. I appreciate that she’s able to see my company vision when I’m lost in the weeds, suggests strategies and tactics to keep me moving towards goals, and is always willing to break into karaoke tunes!

Follow Ciara on Twitter

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Vancouver, Washington, startup Embed raises $60 million Series A

With the seemingly ever increasing sizes of venture rounds these days, a $60 million round might not be eye popping for many folks. But it is for me. Especially when it’s a local Series A number. And that’s what Vancouver’s Embed — formerly known as Embedded — just raised.

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Hitting pay dirt: Portland startup The Dyrt raises $11 million in an effort to double in size

With all of the funding announcements bouncing around, it’s always nice to hear how the startups plan to use the capital they’re raising. Like Portland startup The Dyrt, which plans to use an $11 million capital infusion to double the employee base of the company by adding 30 new roles.

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Oregon barely among top 25 states for Series A & B venture funding in Q2 and Q3

According to Crunchbase, Oregon was ranked 24th in the US in terms of Series A and Series B venture capital raised during the second and third quarters of 2021 — with a total of $119 million raised. They also noted that this marked an improvement of 88% over the same time period, last year.

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Community kudos: Mat Ellis, founder of Cloudability

Mat is a tireless supporter of startups in Portland. He has also been a great mentor and coach for myself and other leaders. He has a bottomless well of empathy for founders and the struggles of running a startup, managing investors, and working with employees.

— Andrew Plato

Follow Mat on Twitter.

Have someone you’d like to recognize? Give them the kudos they deserve.

Cascade Seed Fund hits first close on $10 million Fund II

According to Portland Inno, a publication of the Portland Business Journal:

Cascade Seed Fund II has completed its first close and the team can start investing. The first fund was $6 million, after fundraising was cut short by the onset of the Covid-19 pandemic. The managing directors, Julie Harrelson and Robert Pease, have completed all the new investments that can happen for Fund I.

Portland ecommerce startup Shop Latinx raises $1 million

I always say that Portland built its tech startup community on “engineers building tools for other engineers.” That began as far back as Tektronix and continues today with companies like Puppet and Sila. That being said, it’s always nice to see consumer facing tech startups beginning to find success here, as well. Like Shop Latinx, which just secured $1 million in funding.

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