True Ventures related stories
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Madison Reed secures $51 mln in growth fundingSan Francisco hair color beauty company Madison Reed announced it has raised $51 million in Series D growth capital led by existing investors Norwest Venture Partners and True Ventures. Also participating in the round was Comcast Ventures and new investor Meaningful Partners. The company, founded in 2013, previously raised about $70 million.
- Zymergen locks in $400 mln Series C
Emeryville, California-based Zymergen, a molecular manufacturing technology company, has raised over $400 million in Series C funding. SoftBank Vision Fund led the round with participation from Goldman Sachs, Hanwha Asset Management, DCVC, True Ventures, Two Sigma Ventures, DFJ and Innovation Endeavors.
- InterVenn BioSciences lands $9.4 mln
Redwood City, California-based InterVenn BioSciences, a developer of an AI-driven mass spectrometry platform, has raised $9.4 million in funding. Genoa Ventures led the round with participation from True Ventures, Amplify Partners, Boost VC and Prado SV.
- Redpoint Ventures leads Series A round for Solo.io
Cambridge, Massachusetts-based Solo.io, a software company that helps enterprises adopt and operate innovative cloud native technologies, has raised $11 million in Series A funding. Redpoint Ventures led the round with participation from True Ventures. In addition to the funding, Satish Dharmaraj, a partner at Redpoint and Puneet Agarwal, a partner at True Ventures, have joined the board.
- Flipside Crypto adds Coinbase Ventures and Digital Currency Group as investors
Boston-based Flipside Crypto, which uses blockchain transaction data to analyze cryptocurrencies, announced it has added Coinbase Ventures and Digital Currency Group as investors. In addition, fintech entrepreneur Jeff Parker also joined the funding round along with current investors True Ventures, Castle Island and Boston Seed Capital. Flipside Crypto has raised $4.5 million to date. The company was founded in mid-2017 by CEO Dave Balter, Jim Myers and Eric Stone.
