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Funding

Maine

What It Means to Have a Honey Badger Culture

By | Aug 17, 2017 at 8:30 am

The honey badger could be considered the world’s most fearless animal. For a Rockland, Maine-based digital marketing agency, Dream Local Digital, they consider their team members #HoneyBadgers of the online marketing world. Here’s how the company explains it: “#HoneyBadgers are tenacious. When we set…

Music

NYC

SoundCloud Closed the Funding It Needs to Stay Alive

By | Aug 11, 2017 at 2:30 pm

SoundCloud is the latest example of why nothing on the internet will last forever, and plenty of things won’t even last more than a few decades. The audio hosting company laid off forty percent of its staff last month, and has this week raised…

Ecosystems

Detroit

5 Takeaways From the Midwestern Startup Ecosystem

By | Aug 10, 2017 at 5:00 pm

After working on this for months, M25 finally released our first official ranking of the top startup cities in the Midwest. After making the announcement and releasing the rankings publicly last week, I figured it would only be prudent to add some color from…

Funding

London

How To Prepare Your Startup To Pitch Investors

By | Aug 8, 2017 at 8:30 am

For those entrepreneurs new to raising a significant amount of financing from either angel investors, venture capital firms or growth equity firms, the prospect of being examined by an outside party may seem intimidating. You need to prepare your startup to pitch investors –…

Funding

DC

Entrepreneurs Hate Fundraising ; How To Fix It

By | Aug 5, 2017 at 6:05 pm

Entrepreneurs and VCs need to be more precise in the way they talk to each other when it comes to fundraising. Put yourself in the shoes of a startup investor. Every day you review entrepreneurs, through a sort of funnel: very wide at the top…

Kickstarter

7 Killer Startup Ideas for Kickstarter That Can Bring You Success

By | Aug 5, 2017 at 10:30 am

Since Kickstarter has been launched, millions of contributors all over the world have introduced more than 340,000 projects hoping to raise funds and create mind-blowing products. The sad truth is that the majority of them eventually don’t gain enough funding to continue production, whereas the…

Funding

Boulder

Techstars Venture Capital Fund Invests $13M in Health Insurance Startup

By | Jul 31, 2017 at 5:00 pm

Techstars Venture Capital Fund invests in innovative and disruptive Techstars companies to fuel their success. We are excited to announce that, along with Foundry Group, we are investing in Impact Health’s $13 million Series A round. Founder and CEO Christine Carrillo, along with her…

Virtual Reality

San Francisco

What the AltspaceVR Shutdown Means for the Future of Virtual Reality

By | Jul 31, 2017 at 12:20 pm

AltspaceVR, a social platform designed for virtual reality, has announced it will shut down on August 3, citing “unforeseen financial difficulties.” The startup was a noted one in VR: It has been termed one of the smartest VR startups in general, and was certainly…

Startup Spotlight

Miami

Startup Spotlight: Travel Deals, Meet Investors, and Multimedia Books

By | Jul 28, 2017 at 1:30 pm

August is around the corner, and in some parts of the nation that means school will soon be back in session. Each week, TechCo searches the web for five useful ideas in tech to share with you and this week, we rounded up a…

Funding

San Francisco

Canaan Partners Closes $800 Million Fund, Largest to Date

By | Jul 26, 2017 at 1:30 pm

Venture capital funding has been on a relatively steady decline over the last few years. However, much like salaries in the NBA and MLB, gigantic sums are being thrown around in single funds and deals that are keeping things on an even keel. With…

Education

10 Edtech Companies With Huge Funding Rounds in 2017

By | Jul 26, 2017 at 11:30 am

Tech companies of all shapes and sizes always claim to be making the world a better place. Whether it’s a company building artificially intelligent dog toys or an entrepreneur that wants to make avocados more affordable, startup mission statements are filled with “social good”…

Funding

Portland, Maine

Maine Voters Approve $50 Million Research and Development Bond

By | Jul 22, 2017 at 12:45 pm

The $50 million bond to support research, development, and commercialization efforts by Maine businesses has officially passed and been signed by the governor, the Secretary of State’s office announced Wednesday. Maine voters considered the bond issue at a special referendum election on June 13….

Accelerator

Y Combinator Plans to Raise a $1 Billion Fund

By | Jul 21, 2017 at 11:30 am

Startup accelerators are so much more than the capital they provide. Between the mentorship, the network, and the general support, a good startup accelerator will lift a new startup on its shoulders and present it to the world with the pride and admiration of…

Funding

Portland, Maine

Meet 26 Maine Companies That Received Funding from MTI

By | Jul 21, 2017 at 7:15 am

When looking into the Maine startup ecosystem, there are more companies launching each quarter. Looking at the second quarter of 2017, 26 Maine companies, ranging from healthcare IT to manufacturing received funding from the The Maine Technology Institute. One TechStart grant also went to the…

Reports & Rankings

10 Best States for Startup Funding, Ranked

By | Jul 18, 2017 at 9:20 am

It’s always a competition when it comes to entrepreneurs. Whether they’re competing for media attention, customers, or in an actual startup competition, being innovative doesn’t mean jack unless you can do it better than the person next to you. Unfortunately for everyone outside of…

Startup Spotlight

Boston

Startup Spotlight: Route Optimization, Angel Investors and Pickup Games

By | Jul 14, 2017 at 1:30 pm

Each week we bring you five smart tech ideas as part of our Startup Spotlight Series. This week, we found lifehacks that optimize your route, manage after-school pickup, getting face time with angel investors, and more. MyRouteOnline (Boston, MA) This startup emerged out of their…

Acquisition

Portland, Maine

Fork Food Lab Acquired by New York-Based Foodworks

By | Jul 14, 2017 at 7:15 am

Fork Food Lab, the food-focused startup incubator in Portland, Maine has been acquired by Foodworks, a New York City-based company that operates two other culinary incubators in the northeast. Neil Spillane and Eric Holstein founded Fork Food Lab last year, officially opening in September…