Category: Funding

Corvallis-based Agility Robotics raises $150 million Series B

It’s a well-known fact that Oregon State University punches above its weight when it comes to intellectual property and patents. That being said, translating academic research and development into startups can often be a challenging transition. But when it works, it works. Like it has for Agility Robotics which just raised $150 million.

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Kivo: Local serial entrepreneurs raise a $3 million round with local investors

You know what I always say. No. Not that. The other thing. The thing about serial founders. You know, the thing about how the Portland startup community needs to get to a point where it’s not burning out founders so much that they never start other projects. How we need more serial entrepreneurs and folks with startup experience starting new things. Again and again. That thing.

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Portland startup DeepSurface raises $4.5 million Seed Round

While the size of today’s Seed Rounds seem more like Series A rounds from a few years ago, it’s nice to see a Portland startup taking advantage of the trend — and dry VC powder — to fuel their growth here locally. This morning, I got word that DeepSurface has raised $4.5 million. Participating investors include Differential Ventures, which led the round; Osage Venture Partners; Ginossar Ventures; and Peninsula Ventures.

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Portland ecommerce startup Rally secures $6 million

As the pandemic hit, suddenly every product and retail company was forced to become an ecommerce company. But choosing the right platform amidst all of the potential possibilities proved to be another challenge to overcome. Which inspired Portland startup Rally, a headless decentralized ecommerce platform that works in tandem with a variety of other providers.

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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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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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Trying to resist the punny headline about high valuations: Bend startup Dutchie doubles valuation to $3.75 billion

Cannabis has always been big in Oregon. Now, cannabis tech is showing it has similar potential. Like Bend startup — and definitely unicorn — Dutchie, which just raised $350 million, placing its current valuation in the $3.75 billion range.

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Healthy investment: Strategic partnership and $25M Series B accelerate Brave Care expansion plans

It wasn’t that long ago that Brave Care was a single clinic in Portland and a scrappy crew of startup types working to reinvent urgent pediatric. Fast forward to today and they’ve got a new infusion of $25 million and a strategic partnership with Pediatrix that promises to take the concept national more efficiently.

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