Category: Fundraising

Your good deed for the day: Help Cascade Locks, Oregon, fund a permanent LEGO robotics program

Remember that awesome #FutureBus from Beaverton School District? You know that Magic-School-Bus-ish mobile makerspace that allows students in the district to creatively engage with technology and making? Obviously, it was designed to be taken on the road. But I just learned that they took it on a road trip. To Cascade Locks, Oregon. And that experiment resulted in an interesting experience—and an opportunity.

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Portland startups have already announced more than $51 million in venture capital funding in 2018 [updated]

While still striving to hold true to my promise to Jive cofounder Bill Lynch—that I would stop using Silicon Florist as a platform to celebrate fundraising announcements—I feel obligated to take a little tangential liberty to share a developing theme I’m seeing… Because this isn’t a typical. Portland companies have announced more than $51 million in venture capital, this year. And it’s not even a month old.

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Round and round: Simultaneous fundraising announcements by Portland startups Torch 3D and Vacasa

One of the challenges of the Portland startup community has always been momentum. We sometimes have great—at times even fantastic—startup news, like an exit or a major announcement. But more often than not, that happens as a solitary instance. And then it’s some time before the next major announcement. So it’s rare to have a day like today where both Torch 3D and Vacasa have major news.

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REMINDER: 4K 4Charity Run takes place October 12, 2017

If my Instagram feed is any indication, a number of you just spent the last weekend running in the Portland Marathon. So this may be a little early to pound the pavement again. But trust that I’m only asking you to get back on the road because it’s for a good cause. It’s time for another 4K 4Charity Run. Read More

Portland startup Vacasa quietly raises a healthy amount of venture capital

While I tend to refrain from covering funding announcements, this one seemed like it would be of particular interest to folks. If only as a signal that we should be including a new name when rattling off the impressive startups in our community. You see, Portland’s Vacasa just announced that they have raised $35 million in Series A financing. And that’s the largest round any Portland company has raised in two years. Read More

Pouring fuel on the fire: Beaverton's Act-On Software raises $42 million

Yeah, yeah. I know I was really working on not hyping funding announcements, this year, but this one seemed to warrant a post. Especially given the amount of the raise and the company raising it. Act-On Software has raised $42 million, led by Technology Crossover Ventures. Read More

Does location matter for fundraising? Looks like Portland startups who secured Series A have a 50% chance of getting Series B

While it’s not nearly as common of a conversation as it once was—thanks in part to the performances of steadfastly Portland companies like Elemental Technologies, Puppet Labs, Urban Airship, Cloudability, and others—many Portland entrepreneurs have concerns—if not unmitigated fear—that remaining headquartered in Portland could curtail their ability to raise capital for their startups. New research from Tomasz Tunguz may provide a little peace of mind. Read More

Portland's OpenSesame, ShopIgniter, and VendScreen all land funding

There have been a number of Portland startups that have pulled in new funding, this year. And it’s nice to see the Portland Business Journal’s Malia Spencer reporting the efforts. OpenSesame, ShopIgniter, and VendScreen all announced funding this January, totaling more than $25 million. Read More

Looking like the Glass is half full: Foundry Group's FG Angels AngelList syndicate leads $700,000 seed round in OnTheGo Platforms

Portland Seed Fund alum and current Startup PDX Challenge resident OnTheGo Platforms certainly knows how to start the new year off on the right foot. The company just announced a $700,000 seed round, led by FG Angels. Local investor Rogue Venture Partners also participated. Read More

Portland's MobileRQ receives $800,000 investment led by Verizon

Our mobile phones have become our constant companions. And we seem more and more willing to give these companions the information they need to be as helpful as possible. But these little magic boxes have a ton of information at their disposal that isn’t always used as effectively as it could be. Read More

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