Portland, Oregon, startup news, open source, and tech news, jobs, and events #pdx
According to Portland Inno, a publication of the Portland Business Journal:
Cascade Seed Fund II has completed its first close and the team can start investing. The first fund was $6 million, after fundraising was cut short by the onset of the Covid-19 pandemic. The managing directors, Julie Harrelson and Robert Pease, have completed all the new investments that can happen for Fund I.
Every year for the past 29 years, Oregon Entrepreneurs Network has worked to recognize the entrepreneurs building amazing companies in Oregon and Southwest Washington. Their 30th year is no different. I mean, except that there’s a 30 years of OEN Awards retrospective.
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There’s a common trope around the startup world that things tend to go quiet a week or two after Halloween. But around here, that’s been anything but the case. Now in its sixth year, Pitch Oregon always keeps conversations going into December. But only if your startup applies to pitch.
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Okay, procrastinator pants. It’s time to get on those applications you’ve been putting off. Look, I get it. We’re all juggling a lot. But you’re running out of time for the OEN Awards nominations and the Bend Venture Conference applications.
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After a successful closed beta, serial entrepreneur Fritz Brumder today officially launched the product from his latest pursuit, Zipcan, a product that — in my overly simplified take — resembles the functionality of the Intercom and chat buttons you see around the Internet but that — instead of engaging you in a pseudo conversation with a chat bot — immediately puts you into a video chat with a real human.
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It’s that time of year again. Time to nominate your favorite startup folks for the OEN Awards. And this time, it’s even more special. Because it’s the 30th anniversary of OEN supporting entrepreneurs throughout Oregon.
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While startup pitch competitions differ slightly from demo days, they still have a lot of the same vibe. Cool concepts, compelling founders, creative solutions. And when it comes to an event like Invent Oregon, there’s one other compelling facet: these Oregon college students will make you question what you were doing at their age — or at your current age, for that matter.
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Oh man. It just starts the nostalgia bubbling, doesn’t it? Memories of clackety keyboards. Green screen computers. Carrying too much meat. Not to mention, dying of dysentery. All in the name of education. Of course, it’s The Oregon Trail game. And it’s recently had a refreshing reboot.
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If this rumor proves true, the next IPO in Oregon probably won’t be what you think. It’s not a Portland company. And it’s not a tech company. It’s Grants Pass, Oregon, headquartered Dutch Bros. And, if they follow through, it’s rumored to value the company at $3 billion.
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