Converge portfolio company Upstream, making DAOs simple to launch with its no-code full-stack platform, raises $12.5M Series A led by Boldstart Ventures. Read more about Upstream’s Series A announcement.
Converge portfolio company iRestify, a property manager’s all-in-one platform for enterprise-level, cleaning, maintenance, and facilities management, raises $6M CAD to expand the company into the U.S. iRestify currently services 27 cities in Canada and has serviced 40 million square feet of property management space. Read more about iRestify’s funding announcement.
Converge portfolio company Blueconic, the market-leading pure-play customer data platform (CDP), announced a strategic investment from Vista Equity Partners (“Vista”). The capital and partnership will accelerate the leading customer data platform’s ability to help the company liberate data, transform customer relationships, and unleash growth in the privacy-first era. Blueconic is used by over 300 companies... Read More
Converge portfolio company Nimbella, a serverless platform provider, was acquired by Digital Ocean. The acquisition expands DigitalOcean’s current Platform-as-a-Service (PaaS) offerings to maximize developer productivity. Nimbella has built a differentiated platform from the ground up that not only addresses the above problems but also provides a modern open-standards-based serverless implementation that builds on Kubernetes while... Read More
Chainalysis has more than doubled in value from $2 Billion in March 2021 to $4.2 Billion in June 2021, after raising $100 million in their Series E round. Read more on Business Insider.
Earlier this year, The Routing Company, formally, Routable AI, launched their shared-rides technology in both Australia and Scotland.
Hyperganic’s CEO, Lin Kayser, was a featured speaker for the Panel Discussion and Q&A on NAMIC x SGInnovate: 3D Printing with Generative Design. Kayser was also a guest on an episode of TCT’s Additive Insight podcast in which he discussed the modern 3D printing industry and the challenges which surround it.
This article by Converge’s James Falkoff originally appeared in Robotics Business Review. Over the last decade, annual installations of industrial robots have increased more than threefold. Yet, while this figure certainly signals the growing importance of automation to the manufacturing sector, startups and investors see something more to this market than the headline number suggests.... Read More
Rize 3D Printing launched the RIZE 7XC large-format 3D which, according to a Rize spokesperson, enables “the rapid creation of large parts and complex geometries on demand, far faster and at a lower cost than molding, milling, and casting.” Rize’s 3D printing technology is also now being used in a partnership with Little You, a custom... Read More
Maia Heymann was interviewed by Beth Monaghan, CEO of leading PR agency InkHouse. View the interview HERE.
