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Myriad Venture Partners Launches Debut Fund, Garnering $100 Million in Capital Commitments

Myriad Venture Partners Launches Debut Fund, Garnering $100 Million in Capital Commitments

Former executives from Xerox Ventures have joined forces to establish Myriad Venture Partners, marking the launch of their inaugural fund. Chris Fisher, Tim Chiang, and Dean Mai, who previously collaborated at Xerox Corp.’s corporate venture capital arm, aim to support early-stage startups operating in artificial intelligence, clean technology, and B2B software sectors. With a wealth...

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Blueshift Raises $40 Million in Debt Financing to Propel Marketing Automation Innovations

Blueshift Raises $40 Million in Debt Financing to Propel Marketing Automation Innovations

Blueshift, a San Francisco-based startup specializing in AI-driven marketing automation solutions, has secured $40 million in debt financing from Runway Growth Capital. Co-founded by Vijay Chittoor, Mehul Shah, and Manyam Mallela in 2014, Blueshift harnesses artificial intelligence to enable brands to automate and personalize customer engagement across diverse marketing channels. Chittoor emphasized that the funds...

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Bulk Exchange Secures $4.5 Million in Seed Funding to Revolutionize Construction Material Sourcing

Bulk Exchange Secures $4.5 Million in Seed Funding to Revolutionize Construction Material Sourcing

Bulk Exchange, a burgeoning startup dedicated to creating a marketplace facilitating the bulk purchase and disposal of materials for construction companies and contractors, has successfully raised $4.5 million in seed funding. Rather than pursuing traditional venture capital routes, Bulk Exchange opted to gather the majority of its funding from individuals within the construction industry, as...

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ModernFi Raises $18.7 Million to Assist Banks in Expanding Their Deposit Base

ModernFi Raises $18.7 Million to Assist Banks in Expanding Their Deposit Base

Over the past year, significant events within the banking sector, such as the collapse of Silicon Valley Bank, have prompted companies like ModernFi to offer alternative solutions. Founded in 2022 by Paolo Bertolotti and Adam DeVita, ModernFi caters to community and regional banks, furnishing them with comprehensive deposit management capabilities. This includes a deposit network...

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Empowering Developers: Clerk's $30M Funding and Strategic Partnership with Stripe

Empowering Developers: Clerk’s $30M Funding and Strategic Partnership with Stripe

Clerk, a startup focused on providing authentication and user management solutions for app developers, has secured $30 million in a Series B funding round led by CRV. The round also saw participation from notable investors such as Stripe, Andreessen Horowitz, and Madrona. Expansion Plans With the latest funding, Clerk’s total raised capital stands at $55.5...