Funding will support efficient scaling & customer acquisition in the pet chicken market.

ATLANTA, Nov. 17, 2023 — Grubbly Farms, a specialty pet food company using black soldier fly grub protein as a healthier and more sustainable protein alternative, today announced it has closed its Series A funding round. The round was jointly led by internal investors Overline and Oval Park Capital with reinvestment from Chris Klaus, Founder of Internet Security Systems and current CEO of Fusion World and Gina Del Vecchio, Co-Founder & General Partner at Off Leash Ventures.

With this capital infusion, Grubbly Farms plans to double down on its historical focus on the pet chicken market, currently estimated at $4 billion per year. Since inception in 2015, Grubbly Farms has become the dominant premium brand for backyard, pet chicken feed with over 15,000 five-star reviews and a 50% subscriber retention rate after 12 months (compared to the pet industry average of 33%). Pet chickens are the 3^rd most popular pet in America, only trailing dogs and cats. Grubbly Farms has answered the demand for high quality, all-natural options for flock owners who want healthier options for their chickens.

“When it comes to pet chicken feed, backyard flock owners with a higher standard for quality ingredients were largely underserved. There’s immense potential for how we can use the black soldier fly grub to support pet nutrition and we know this is just the beginning,” said co-Founder and CEO Sean Warner.

Over $1 billion dollars has been invested into insect manufactures as they strive to develop and produce sustainable proteins at a fraction of the greenhouse gas emissions when compared to traditional proteins. The grubs are raised off food waste diverted from landfills. By partnering with insect manufacturers around the world, Grubbly Farms has helped divert over 30 million pounds of food waste.

About Grubbly Farms
Grubbly Farms is a specialty pet food company that uses farm-fresh ingredients and black soldier fly grub protein to support premium pet nutrition while offering a sustainable, planet-friendly protein alternative to traditional protein sources. Grubbly Farms transform wasted food into grub protein, diverting food waste that would otherwise go to landfills. Grubs eat the pre-consumer food waste, upcycling twice their body weight in a single day. The result is a clean and nutritious protein source that supports natural foraging instincts for healthier pets and planet.

SOURCE Grubbly Farms

16^TH Annual Fundraising Event Was Sponsored by Delta Air Lines

ATLANTA, Nov. 17, 2023 — On Friday, November 10, Rally Foundation for Childhood Cancer Research hosted its 16th Annual Benefit Bash, sponsored by Delta Air Lines, and raised more than $2.9 million in critical funding for advances in childhood cancer.

This brings the total funds raised by this event to $16,761,160.

Dr. Henry Ting, Chief Health Officer at Delta Air Lines, and Jeff Arnold, Founder, Chairman, and CEO of Sharecare, served as the Corporate Chairmen of the event, held annually, to raise funds for additional cutting-edge dual peer-reviewed childhood cancer research projects.

“I’ve seen the transformative impact that innovation can have on saving lives, and I am so inspired by the Rally Team’s relentless passion to raise awareness and much needed funds to treat and ultimately cure childhood cancer,” said Sharecare’s Arnold. “Following this year’s event, I’m very grateful for the generosity of everyone who has devoted their time and resources to advance the Rally Foundation’s mission.”

“I was so honored to serve as co-chair of this year’s Rally Bash. It was an inspiring night, and I was humbled to see so many in the room unite to build a brighter future for children with cancer,” said Delta’s Dr. Ting. “We are grateful for the support to fund life changing grants and moved by the families who bravely shared their stories.” 

Dean Crowe, Founder and CEO of Rally, thanked Delta Air Lines and Sharecare as well as all other sponsors, noting: “I am absolutely thrilled by the overwhelming support for Rally Foundation for Childhood Cancer Research at this year’s Benefit Bash. We are so grateful to everyone who supported our event and want to especially thank Henry and Jeff for their leadership which played a pivotal role in our success. Thank you to all our sponsors and guests who gave generously throughout the evening. Together, we will find better treatments and, ultimately, cures for childhood cancer. This was certainly a night to remember!”

Major League Baseball Hall of Famer and Atlanta Braves All Star, Chipper Jones, was honored at the event for his long-time support of Rally. Top sponsors included: Delta Air Lines, RTX, Adonis Partners, Airbus, American Express, the Atlanta Hawks, Consello, Cox Enterprises, Deloitte, Delta Vacations, Forbes Travel Guide, Kaiser Permanente of Georgia, OTG, Penske, Sabre and Sharecare.

About Rally Foundation for Childhood Cancer Research: 

Every day, 47 children in the U.S. are diagnosed with childhood cancer. Rally Foundation for Childhood Cancer Research, a 501(c)(3) nonprofit organization, raises awareness and funds for childhood cancer research to help scientists find better treatments with fewer long-term side effects and, ultimately, cures.

Rally Foundation has awarded $29.4 million in grants since its founding in 2005.  Rally Foundation has also successfully advocated for and secured more than $144 million from the U.S. Department of Defense’s Congressionally Directed Medical Research Program (CDMRP) given directly to researchers specifically for cancers in children, adolescents and young adults. 

Rally Foundation has the highest rating from Charity Navigator and GuideStar and it has received the Independent Charities Seal of Excellence. For every dollar raised, 93 cents supports Rally Foundation’s mission.

To learn more about Rally Foundation, visit www.rallyfoundation.org and follow Rally Foundation on Facebook, Instagram and LinkedIn.

#RallyOn

#GOLDSTRONG

SOURCE Rally Foundation for Childhood Cancer Research

This additional round of investment follows a seed round of $5 million in July 2022, just 18 months ago. Over the last year, Workshop has become one of the fastest-growing internal communication platforms, gaining hundreds of customers and delivering emails to well over a million employees. It is now the chosen tool for employee-facing emails at Fortune 500 companies and name-brand organizations worldwide, including Papa John’s, Steve Madden, Edelman Financial, Northern Tool, Movement Mortgage, and more.

“We are excited to continue to support Workshop as they further invest to expand their team and product,” said BJ Hansen, Managing Director at McCarthy Capital. “Workshop is committed to being the leading internal communications platform, allowing its customers to better connect and engage with their employees.”

Workshop was co-founded in 2020 by Rick Knudtson (former co-founder of Flywheel), Ben Stevinson, and Derek Homann (former founders of Median). The group came together with a shared vision to help other organizations create a positive, engaging company culture through great internal communication. The latest round of investment highlights Workshop’s essential role among distributed and global teams, which often struggle to create alignment and deliver engaging, relevant content to their employees.

“We’ve loved working with McCarthy Capital over the last 18 months and couldn’t be happier to continue our journey with them,” said CEO and co-founder Rick Knudtson. “Together, we share a passion for this market and a big vision for how our product can impact it. I’m excited to further invest in Workshop’s platform and teams as we pursue our mission to create more happy Mondays for employees everywhere!”

The funds will be used for accelerating the innovation of Workshop’s easy-to-use solution for internal email; recruiting additional talent for the engineering team; scaling Workshop’s go-to-market efforts, including expanding sales and marketing; and reinforcing the customer success team with additional support.

“Workshop is gearing up for an incredible year, and we’re excited to add even more talent to the team in Omaha and beyond,” said Chief Operating Officer and co-founder Derek Homann. “We believe in our mission to create happy Mondays for our own team, too, and can’t wait to make 2024 a year of growth, innovation, and shared success!”

Workshop also announced the official launch of its new communications calendar feature, which joins a suite of workflow-enhancing tools that help internal communications teams manage their emails at scale. Communicators can now see every email that has been sent and every email that is scheduled in one simple calendar view, ensuring their messages have the best chance of being read. When paired with features like sharing and privacy settings, dynamic distribution lists, and AI-assisted content recommendations, it’s easy to see how Workshop can help manage internal emails across global, distributed teams and enterprises.

For more information and to request a demo, head to useworkshop.com.

ABOUT WORKSHOP

Workshop is the most effective way to create, send, and measure employee emails and branded internal communications across distributed teams. It’s intentionally built for internal use, with easy drag-and-drop templates, automatically updated distribution lists, and valuable engagement data. It also integrates with all of the internal communication channels you already use, including Slack, Sharepoint, SMS, Microsoft Teams, and more. Make every internal email a great employee experience with Workshop!

ABOUT MCCARTHY CAPITAL 

McCarthy Partners Management, LLC is a registered investment advisor that conducts business as McCarthy Capital. McCarthy Capital, headquartered in Omaha, Nebraska, is focused exclusively on lower middle-market companies. For more than 35 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies. More information about McCarthy Capital can be obtained at www.mccarthycapital.com.

SOURCE Workshop

Funding expands X-Bow’s advanced manufactured solid rocket motor production capacity and the US industrial base 

ALBUQUERQUE, N.M., Nov. 16, 2023 — X-Bow Systems Inc (X-Bow), America’s low-cost hypersonics provider announced the close of an interim funding round led by Lockheed Martin Ventures the venture arm of Lockheed Martin Corporation (NYSE: LMT). Investors included, Crosslink Capital, Razor’s Edge Ventures, Balerion Spacen Ventures, Bravo Victor Venture Capital, and Capital Factory. 

“This interim investment in X-Bow is part of Lockheed Martin’s strategy to add anti-fragility in the solid rocket motor industrial base by enabling new technology and affordability in this sector, not only for our products but for the U.S. industrial base as a whole,” said Chris Moran, vice president and general manager at Lockheed Martin Ventures. 

The interim funding round further fulfils X-Bow’s matching requirements for its $60M STRATFI Program with AFWERX and the U.S. Airforce, selected earlier this year.

“X-Bow will apply these funds to its solid rocket motor technology and to completing the phase I build out of its ‘gigafactory’ style solid rocket motor campus,” said Jason Hundley, X-Bow CEO. ‘This new factory campus is commercially funded by X-Bow and its partnership with the Luling, TX Economic Development Corporation. Typically this type of solid rocket motor production capacity takes years and hundreds of millions of dollars of investment to develop. But we are completing our phase one in a matter of months at a fraction of the cost.”

ABOUT X-Bow Systems

X-Bow Systems is disrupting the aerospace industry with innovative and cost-effective additively manufactured energetics for the solid rocket motor and launch vehicle market. X-Bow is also designing and building a suite of modular solid rocket motors and small launch vehicles for both orbital and suborbital launch services. X-Bow is led by CEO Jason Hundley, Chairman Mark Kaufman, CTO Max Vozoff, CRO Maureen Gannon, General Counsel John Leary and a growing team of seasoned industry veterans and new space entrepreneurs. X-Bow is a privately held company with investment from Crosslink Capital, Razor’s Edge Ventures and Lockheed Martin Ventures. Headquartered in Albuquerque, New Mexico, X-Bow has additional presence in California, Alabama, Colorado, Texas, and Washington, DC. X-Bow is actively recruiting talented and determined individuals to join its team. For more information visit www.xbowsystems.com.

SOURCE X-Bow Systems

Funding to support strategic hires who will help bring Shardbound and new, in-development titles to market

SAN FRANCISCO, Nov. 16, 2023 — Bazooka Tango, a game studio led by former creators of Vainglory, Bo Daly and Stephan Sherman, has successfully raised $5 million USD in a funding round led by BITKRAFT Ventures, with participation from RW3 Ventures, Sfermion, 1Up Ventures, and others. The funds will be used to help grow the Bazooka Tango team, with strategic hires meant to bring to market new, in-development titles, as well as double down on the development of Shardbound, an immersive, multiplayer collectible tactics game built in collaboration with Immutable Games. 

With the already booming trading card game (TCG) market slated to hit $11.57 billion by 2030, games like Shardbound — which combine classic TCG elements with the ethos of digital ownership — are set to take center stage.

Shardbound is the upcoming project from Bazooka Tango – founded in March 2019 by Bo Daly and Stephan Sherman, veterans with extensive experience in AAA gaming heralding from Rockstar Games, Riot, Blizzard, and Activision. Notably, they previously co-founded Super Evil Megacorp and created the award-winning game Vainglory. Their new venture, with leading web3 publisher, Immutable Games, aims to deliver a next-generation, collectible tactics game filled with rich lore, deep strategy, and intense competition that integrates web3 technology to deliver true digital ownership to players.

“We are honored and humbled by the recognition Shardbound is receiving from gamers and investors alike,” said Bo Daly, Founder and CEO at Bazooka Tango. “We have already received overwhelming support with our latest Alpha playtest maxing out at our 1,000 player cap. We believe that web3 has the potential to unleash some really cool ideas and we’re excited to see so much enthusiasm from our community as we continue on this journey together.”

Already, Bazooka Tango has used funds to support a strategic round of new hires including the appointment of Vice President of Operations, Kellen Smalley, an experienced leader who taps into more than 18 years of experience working with gaming and entertainment companies, including Apple, Disney, Twitch, Kabam, Electronic Arts, as well as web3 companies Forte and Rally. In addition, experienced game developers from 2K, Sledgehammer Games, Rainbow Studios, and Pocket Gems have also joined the Bazooka Tango team.

“Amid an incredibly challenging year for VC funding, it speaks volumes to the quality of our games – like Shardbound and the team we have built here at Bazooka Tango,” continued Daly. “With the help of this additional funding, we are focused on expanding our team in critical disciplines essential for launching and growing the Shardbound universe.”

“Bo and Stephan were some of the first video game founders to bring high-quality core multiplayer games to mobile devices, setting a new standard for a new platform. They are the perfect team to raise the bar again to bring core web2 gamers into the web3 space,” said Scott Rupp, Founding General Partner of BITKRAFT Ventures.

Shardbound’s initial Alpha playtest has already seen significant interest from gamers, attracting 1,000 participants and generating positive reviews from notable content creators including, Kripparian, BruceGreene, YellowPanther, and others. Today, the game already boasts over 50,000 pre-registrations and more than 10,000 total hours watched as part of the Shardbound Creator Campaign.

To stay up to date on all Shardbound news, including early access to upcoming playtests, players can join the Shardbound community by pre-registering today at: https://www.shardbound.com/.

About Bazooka Tango
Bazooka Tango is raising the bar for blockchain gaming. With a portfolio of interoperable, AAA games, we are building the metaverse for 100M core gamers.

Combining deep publishing expertise with the creative muscle behind the breakthrough mobile esport Vainglory, we have decades of experience building and scaling hit games across PC, mobile and console. With multiple titles set for release across key core-gaming genres, our network of games will shape the future of competitive play. Our upcoming title, Shardbound, launches worldwide next year. Pre-register today at www.shardbound.com.

About Immutable Games
Immutable Games is a global leader in web3 game development and publishing, backed by a world-class team who have proven track records of bringing games to millions of players. As the gaming-focused arm of Immutable, the leading web3 gaming company, Immutable Games has pioneered the world’s first blockbuster NFT trading-card game Gods Unchained and is currently building the highly anticipated mobile RPG Guild of Guardians.

Alongside its own high-quality titles, Immutable Games partners with third-party game developers to provide them with best-in-class strategy and execution expertise aimed at ensuring the success of every web3 game deployed within the Immutable ecosystem. 

Immutable Games is guided by its mission to redefine gaming for generations to come, by developing innovative and engaging experiences that empower players with true ownership, value, and creative expression.

For more information, please visit: https://www.immutable.com/games-studio

Join the Immutable community on Discord, Reddit, Twitter, Instagram, Telegram and Youtube

SOURCE Immutable

~ Collaboration aims to improve kidney transplantation and enhance health equity ~

NEW YORK, Nov. 16, 2023 — The National Kidney Foundation (NKF) is proud to announce its latest investment through the NKF Innovation Fund. ZeitLife™ Transplant Innovations, Inc., is a global medical device company specializing in advancing technologies to modernize kidney preservation and logistics.

Led by industry veterans deeply committed to the organ procurement and transplantation community, ZeitLife brings specialized engineering, industrial design, clinical insights, scaled manufacturing, and commercial expertise to address the most pressing challenges and the most ambitious promises in kidney transplantation. The company is at the forefront of advancing preservation fluid and machine perfusion technologies, with a relentless focus on the urgent challenges in organ transportation and logistics. Their specialized expertise and commitment to serial entrepreneurship in the field position them to drive the sharing of organs over longer distances, ensuring universal compliance with solidly established clinical evidence.

By introducing efficient new business models and routine workflows, ZeitLife is accelerating the modernization of the procurement and transplant system. This strategic investment with NKF’s Innovation Fund will further empower ZeitLife in their mission to serve as a key player in the promising future of supplying organs on demand.

“We’re honored to have NKF’s support and encouragement,” said Ron Mills, CEO of ZeitLife. “Nobody knows more about the tough challenges our customers face and the bold innovations our company offers.”

This collaboration signifies the NKF’s ongoing commitment to investing in innovative solutions that will improve the lives of kidney disease patients and advance kidney health. The NKF’s Innovation Fund has a track record of supporting groundbreaking companies, including Klinrisk, and Diatiro, to enhance health equity through cutting-edge technology.

“We are thrilled to invest in ZeitLife’s quest to modernize kidney preservation and logistics,” said Kevin Longino, CEO of the National Kidney Foundation and a kidney transplant recipient. “ZeitLife’s dedication to advancing technologies and their commitment to the betterment of kidney transplantation align perfectly with NKF’s core values. With the support of the Innovation Fund, we look forward to accelerating the transformation of kidney preservation and logistics, ultimately improving the lives of countless patients waiting for kidney transplants.”

Launched in 2021, the NKF Innovation Fund works to accelerate funding, development, and commercialization of therapies that kidney patients need and deserve. The fund invests in early to mid-stage companies that are developing innovative, patient-centric kidney therapies. The long-term goals of the NKF Innovation fund are to prevent kidney disease, eliminate the transplant wait list, and provide better, safer treatments for dialysis patients so they can live fuller and more productive lives. For more information about the NKF Innovation Fund, please visit kidney.org/innovationfund.

To learn more about kidney disease and how to maintain optimal kidney health, visit www.kidney.org/.

About Kidney Disease
In the United States, 37 million adults are estimated to have kidney disease, also known as chronic kidney disease—and approximately 90 percent don’t know they have it. About 1 in 3 American adults are at risk for chronic kidney disease. Risk factors for kidney disease include: diabetes, high blood pressure, heart disease, obesity, and family history. People of African American, Hispanic, American Indian, Asian, or Pacific Islander descent are at increased risk for developing the disease. African Americans are almost 4 times more likely than White Americans to have kidney failure. Hispanics experience kidney failure at about double the rate of White people.

About the National Kidney Foundation
The National Kidney Foundation is revolutionizing the fight to save lives by eliminating preventable kidney disease, accelerating innovation for the dignity of the patient experience, and dismantling structural inequities in kidney care, dialysis, and transplantation. For more information about NKF, visit www.kidney.org.

About ZeitLife
ZeitLife Transplant Innovations, Inc., is a global medical device company advancing technologies to modernize kidney preservation and logistics. Founded in collaboration with Fresenius Medical Care and Mayo Clinic, and led by industry veterans in service to the organ procurement and transplantation community, ZeitLife brings unique clinical insights, specialized engineering, industrial design, scaled manufacturing, and relevant commercial experience to address today’s toughest challenges and tomorrow’s boldest promises.

Facebook.com
twitter.com/nkf
www.kidney.org

SOURCE The National Kidney Foundation

• The company’s solution handles preconstruction workflows and data in one cloud-based platform, and has already been used on thousands of projects and tens of billions of dollars in construction volume.
• CEO Dustin DeVan previously founded BuildingConnected which saw a $275 million acquisition by Autodesk

SAN FRANCISCO, Nov. 16, 2023 — Ediphi, the most advanced cloud-based estimating solution on the market, today announced it has secured $6.5 million in seed funding. Ediphi is the only truly cloud-based platform that accels at conceptual and detailed cost estimating, with procurement centralized in a single location. The funding comes from Suffolk Technologies, a venture capital platform funding the next generation of companies solving built environment challenges. Suffolk Technologies is the venture capital affiliate of Suffolk, one of the nation’s largest and most innovative builders and Ediphi’s first customer. The funds will be used to further develop the platform, scale the business, and recruit additional staff.

In preconstruction, moving from project concept to target value design can be expensive and time-consuming. Construction estimators are increasingly asked to get involved at the conceptual stage when design details are still being formed. This early engagement requires multiple design revisions and cost estimating exercises that are inefficient and fail to leverage the institutional knowledge built up from previous projects and across team members.

With Ediphi, contractors can begin preconstruction by pricing a “napkin sketch.” The platform allows for early collaboration between design teams and contractors to price evolving designs, propose value engineering options, and transition to detailed cost estimates from quantity take-offs. It allows estimators to compare cost models with past projects, price the entire project’s general conditions and general requirements, level bids against budgets, award subcontractors, and execute contracts—all within a single cloud-based platform. In sum, Ediphi allows construction estimators to:

• Centralize cost estimate data in the cloud
• Drive conceptual and detailed cost estimates
• Connect preconstruction workflows in a single location
• Accelerate preconstruction and win more profitable work

The tool is already garnering positive feedback and attracting big-name clients. “I recently did a study comparing our estimating team’s performances from pre-Ediphi to now,” explained Scott Menard, National Director of Preconstruction at Suffolk. “We increased revenue per estimator by $20 million and the return on investment was 1,900 percent. I’ve never seen anything like that. This is the tool our estimators have been waiting for.”

Prior to co-founding Ediphi, CEO Dustin DeVan spent six formative years as a general contractor. That experience deepened his passion for the construction industry and ignited his ambition to improve preconstruction. Following that calling, he founded BuildingConnected, a preconstruction platform that was eventually acquired by Autodesk for $275 million. DeVan is joined by CTO Michael Navarro, a 20-year veteran of preconstruction and operations, and the chief architect behind the Ediphi platform.

“After looking at the market, we realized there were no cloud-based solutions capable of handling both conceptual and detailed cost estimating,” said DeVan. “It was clear there was a need for a tool that could make collaboration easier among stakeholders in the early phases of construction projects. Ediphi is going to transform estimating from a one-time event to an ongoing, knowledge-rich and collaborative process.”

About Ediphi
Ediphi is the most advanced cloud-based estimating software on the market. Contractors use our platform to streamline preconstruction and empower better decision making, ensuring they consistently guide clients to the right target value design. Ediphi leverages cloud infrastructure to ensure data accessibility across your workflows—from estimating to procurement and risk management, allowing Contractors to reduce non-recoverable preconstruction costs and decrease the time it takes to move from ideation to breaking ground, all while better serving their end customers. To learn more, visit our website: www.ediphi.com

SOURCE Ediphi

Tech-enabled B2B sales marketplace built to enable gig BDRs to set up meetings for companies

NEW YORK, Nov. 16, 2023 — Glencoco, a marketplace that connects companies with business development consultants to generate qualified opportunities, today announced its coming out of stealth alongside $3M in capital led by Felicis and Crossbeam. Liquid 2 Ventures, Browder Capital, SOMA Capital, Gold House Ventures, and angels/advisors from Stripe, and the former VP of Product at Roblox also participated in the round. Glencoco comes out of stealth with 40 B2B customers and over 7,000 sign-ups for individual salespeople.

Glencoco provides the tools, software, and interface for companies to freely list a campaign on its marketplace and allow certified business development consultants to easily source sales qualified meetings and submit them to companies on a flexible, gig-remote basis. This includes embedding elements of sales productivity tools into the platform, including a phone dialer, calendar scheduling, and sales training modules, to enable outbound freelance prospectors with campaigns uploaded by enterprise companies on the platform. Glencoco has focused on developing infrastructure, including same-day payments for qualified meetings, call analytics and recordings for QA and training, and scheduling infrastructure.

Glencoco was co-founded in 2022 by Ingwon Chae, former Head of Growth at Wiz, the fastest-growing enterprise company in history to reach $100M ARR in 18 months, and Jason Bao, previously a Senior Software Engineer at Verkada and Meta.

“While at two high growth companies, I saw that one of the most effective channels for generating sales pipeline was hiring Business Development and /Inside Sales teams,” said Ingwon Chae, CEO and founder at Glencoco. “I also saw how challenging staffing these teams can be for both small companies due to lack of budget or resources to provide infrastructure and large companies. The average tenure of said hires is 6-9 months, which means that if you have a team of 100 outbound sales reps, in about a year’s time, they’ll all be gone. With Glencoco’s platform, you have one of the most broadly accessible skillsets known to humankind – connecting with and talking to people – something college students, voiceover actors, aspiring entrepreneurs, semi-retired consultants who’ve sold to CISOs before, and you have businesses everywhere that rely on new customer intros as their lifeblood to grow their business.”

Glencoco takes a 30% take rate of every qualified meeting that’s passed through the platform.

“Practically every startup we speak to is constantly looking for a better solution to scale up their sales function. We believe Glencoco solves so many problems companies face when selling: how do you find great talent affordably, how can you scale up for seasonality, and how can you align incentives so talent and companies both win,” said Ryan Morgan, Partner at Crossbeam. “Ingwon and team have already shown the need for this type of technology which provides resources to connect salespeople and companies, and we look forward to seeing how they equip the space further.”

“Glencoco’s innovative marketplace is poised to revolutionize lead generation for businesses. Their platform is a game-changer in the world of sales and marketing,” said Niki Pezeshki, General Partner at Felicis. “By providing a marketplace connecting outbound callers with innovative companies looking to scale, Glencoco is empowering businesses to grow their pipelines and revenue streams.”

With plans to offer more robust lead enrichment services for companies, Glencoco has further invested in AI augmentation to improve user productivity and expand their services beyond the US, UK and Canada to address increased global demand.

About Glencoco
Glencoco is a marketplace platform that matches business development professionals with campaigns listed by enterprise companies. For more information, visit https://www.glencoco.com/

About Crossbeam Venture Partners
Crossbeam Venture Partners (Crossbeam) is a venture capital firm that invests in Pre-Seed to Series A startups building tomorrow’s economy. Focused on the themes of platform economies, fintech, new forms of media, and alternative sources of income, Crossbeam is built to back companies of the next-generation economy utilizing unique structures, credit, or novel business models. For more information, visit https://crossbeam.vc

About Felicis
Founded in 2006, Felicis is a venture capital firm investing in companies reinventing core markets, as well as those creating frontier technologies. Felicis focuses on early-stage investments and currently manages over $3B in capital across 9 funds. The firm is an early backer of more than 47 companies valued at $1B+. More than 100 of its portfolio companies have been acquired or gone public, including Adyen (IPO), Credit Karma (acq by Intuit), Cruise (acq by General Motors), Fitbit (IPO), Guardant Health (IPO), Meraki (acq by Cisco), Ring (acq by Amazon), and Shopify (IPO). The firm is based in Menlo Park and San Francisco in California. Learn more at felicis.com.

SOURCE Glencoco

The Round Table is backed by seasoned Silicon Valley Investor, Tim Draper, and NBA All-Star, Baron Davis

SAN MATEO, Calif., Nov. 16, 2023 — Draper Round Table, a web3 deals syndication platform backed by Silicon Valley investor and Bitcoin whale, Tim Draper, along with NBA All-Star Baron Davis, announced today it has merged under the DraperX syndication platform, which offers family offices the ability to invest directly in highly vetted deals alongside Draper and 150+ select funds.

 The merger will afford new opportunities for both DraperX and Draper Round Table, paving the way for ground-breaking investments in space tech and healthcare domains, in particular. The collective strength harnessed from this unification is poised to accelerate the realization of ambitious projects, with more to be unveiled in the coming months.

Co-Founder and General Partner Siddarth Sridhar expressed his enthusiasm about the new venture, stating, “Being acquired by DraperX comes at a pivotal moment for us, especially following our phenomenal syndications with companies like LunarCrush, where we co-led their $5M Series A, and a few deals still to be announced, all in the span of just one year. I couldn’t be more excited to see how we grow in the realm of early-stage investing across various sectors.”

Sridhar, Davis, and team will join DraperX as strategic advisors relating to sector-specific syndication and platform growth as Draper X begins to shift its focus beyond family offices and co-investments to fund operations and corporate connections.

Hambardzum Kaghketsyan, CEO of DraperX, shared, “The integration of Draper Round Table into the DraperX ecosystem is a testament to the aligned vision and ambition shared by both entities. They have been one of the most active investors on our platform with a powerful vision for the future. The road ahead is very exciting.”

Tim Draper, Founding Director of both Draper Round Table and DraperX, also weighed in on the merger, stating, “Draper Round Table was a crucial stepping stone that enabled investors to share deals and deploy capital effectively. Its integration with DraperX now unifies our brand and magnifies our capacity to support promising ventures. This unity is essential for streamlining operations and driving forward our collective investment goals.”

Newcomers to the investment realm can become a part of the Draper Ecosystem, gaining the eligibility to invest alongside seasoned venture capitalists from the Draper Network on the exclusive deal-sharing platform, DraperX. They will also have the opportunity to become potential limited partners in other funds within the Network. DraperX is engineered to ease the entry of family offices into the venture capital landscape, enabling them to invest in ventures of their preference.

About DraperX
DraperX is an investment club platform to connect startups to investors. DraperX was originally only available to members of the Draper Venture Network. Now it is being opened up to qualified family offices and corporations.

About Draper Venture Network
Initially formed in 1990, the Draper Venture Network is a self-governed organization of independent venture funds that cooperate on investment diligence, marketing intelligence, corporate relationships, and co-investments. The member funds raise their own capital and manage their investment decisions independently.

SOURCE Draper Round Table