Silicon Florist 🎆 Two $15M rounds?

Issue 650

Jul 02, 2022

Two local $15 million funding rounds in rapid succession? Not so fast

I was just doing some research on the ConductorOne $15 million raise when my DMs and email were bombarded with news of another raise. Which also happened to be $15 million. For a Beaverton company. Which I thought was coincidental. If not strange. And then I realized that it was simply a super common mistake. That’s been occurring for the last 15 years or so… More

ConductorOne closes $15 million Series A

For all the news of economic downturns, founders are still out there, building businesses. And investors are still taking risks on those ventures. Because a downturn is often the best time to build the next great business. So it comes as little surprise that Portland startup ConductorOne announced its $15 million Series A… More

Black Founders Matter founder says he's being pushed out

Marceau Michel launched the Black Founders Matter brand in 2017. An accompanying investment fund was formed two years later. Michel said he launched the brand and the fund in response to the challenges he faced as a Black founder trying to raise capital. Now he says he’s being offered $5,000 to liquidate his stake in the Black Founders Matter Fund and relinquish his claim on the brand… More