Results for: funding

Two local startups with $15 million funding rounds in rapid succession? Not so fast

I was just doing some research on the ConductorOne $15 million raise when my DMs and email were bombarded with news of another raise. Which also happened to be $15 million. For a Beaverton company. Which I thought was coincidental. If not strange. And then I realized that it was simply a super common mistake. That’s been occurring for the last 15 years or so.

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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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Customer.io closes in on $2 million in funding after less than a day on Reg CF raise

As regulations around investing in startups continue to be refined, the ability to raise equity based financing from the crowd — or Reg CF for shorthand — has become a new opportunity for startups to find the funding they’re seeking by tapping both accredited and unaccredited investors, legally. Today, Portland’s Customer.io tested the Reg CF waters and it looks like that water is just fine. They’re currently more than 7000% over their target and are closing in on $2 million raised on a SAFE.

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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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A familiar refrain from startup founders on early stage funding opportunities

“Risk averse. Conservative.… Out of touch.” They’re all complaints I’ve heard from Portland startup founders when describing the earliest stages of raising capital around these parts. But I always assumed that Seattle — with its extensive tech presence of major headquarters and massive regional offices — was a better environment. Apparently, it’s not. Those quoted comments are Seattle startup founders describing their Angel investment community.

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How do you get started on your startup without a cofounder, a team, or funding?

So during this whole pandemic thing, people are starting new things. And I’ve talked to quite a few folks who have been inspired to start new startups. But given that finding cofounders, team members, funding, and practically anything that doesn’t involve just you is exceptionally difficult while we’re all in isolation, starting a startup can be even more difficult than it used to be.

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