Category: Funding

Bend and Seattle startup incubated at Madrona Venture Labs comes out of stealth with $6 million raise

A new startup with a presence in both Bend and Seattle has come out of stealth with the announcement of a $6 million round. Meet Magnify, which was incubated in Madrona Venture Labs.

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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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Portland startup Gabbi raises $1 million for AI that assists with early cancer risks

We’re seeing more and more startups leveraging the assumed potential of Artificial Intelligence for truly practical — and potentially life saving — applications. Which is very much inline with Portland startup Gabbi, a startup that uses a unique combination of assessments and AI to help with the early detection of potential health issues.

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Calendar concerns? Portland’s Reclaim.ai has raised $4.8 million to help you tame your schedule with AI

The promise of Artificial Intelligence has been a pipe dream for some time. Artificial assistants who help us in our day to day lives — and who help us augment our knowledge in new and interesting ways. We’ve only seen a glimmer of the potential of AI. But one Portland company has hit upon a very practical and compelling use of AI: managing your schedule. Meet Reclaim.ai.

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The Wild closes $2 million round, led by at.inc/

I don’t spend as much time combing through the Form Ds as I used to. But journalists still do. Why? Because SEC filings are a great way to get the jump on stories about who is raising capital, be it venture capitalists or startups.

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Landing another round of funding keeps Kubos chasing space

It’s not just proprietary technology that’s entering the space race. Open source has a spot, too. Like the Portland State Aerospace Society. And recent Portland transplant Kubos, a company that manages an open source framework for satellites, which just landed another round of funding bringing its total raised to $5.3 million, according to Crunchbase.

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