Tag: Funding

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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Time to vote: Portland startup Carry secures $75k grant, in running for crowd favorite

It’s always nice to see Portland startups getting recognized outside of Portland. Which is why I was really happy to see that Portland startup Carry was recently awarded a $75,000 grant from the American Heart Association as part of their EmPOWERED to Serve™ startup accelerator program. And now, as part of that program, the company is part of a crowd favorite competition where you have the opportunity to support them as well. Best of all? You get to vote once a day until October 21, 2021.

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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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High valuation: Bend has a unicorn in dutchie

Sometimes funding rounds are put together to fund acquisitions. And that seems to be the case with Bend startup dutchie, which just announced a $200 million Series C and the acquisition of two partners. All of that equates to one thing. There’s a unicorn in Oregon with a valuation of $1.7 billion.

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Curious about access to startup capital in Oregon? Oregon Capital Scan 2020 has the answers

If you’re not familiar with the Oregon Capital Scan, it’s an effort in which a variety of folks from around the state engage, every two years. The “scan” is an effort to look back and determine the impacts and needs for capital in Oregon as it applies to business creation and growth. The Oregon Capital Scan for 2020 was just released.

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Coming out of stealth: StackPulse

While it doesn’t happen as often as it used to, there’s always something uplifting about companies “coming out of stealth” around here. The latest is StackPulse, which calls Portland home. The reveal included an announcement of a $20 million venture capital round to complement $8 million raised previously.

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The Oregon Cares Fund: Tell Oregon politicians to invest CARES Act dollars in Black-owned startups and businesses

Going through one pandemic is more than enough for anyone. Imagine going through two. At the same time. That’s the case with Black-owned businesses and Black community support organizations as they battle both the effects of the COVID-19 pandemic and the ongoing effects of 400+ years of systemic racism. Now, there’s a chance to funnel federal CARES Act dollars into supporting these organizations with The Oregon Cares Fund.

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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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For a short session, this bill has come a long way. Consider supporting Oregon House Bill 4033 and entrepreneurs.

For those of you just tuning in, it’s a short session in the Oregon legislature, this year. Without getting into the particulars, suffice it to say that it’s traditionally very difficult to move legislation during these sessions because of the limited amount of time. So leave it to entrepreneurs to say “Really? We like those odds.” Which is what’s happening with Oregon House Bill 4033.

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