Category: Fundings and Exits

Tackling The Multi-Billion-Dollar “Athleisure” Wear Market, Outdoor Voices Raises $7 Million

With Lululemon brushing a $7.4 billion valuation in public markets, there’s no denying that so-called “athleisure” wear is a huge business. As with any multi-billion dollar industry startup investors are looking for a piece of that action, which is why investors are pouring $7 million into the new athletic and leisure wear company Outdoor Voices.…

NEA And Upfront Ventures Back Subscription Box Company FabFitFun In $3.5M Round

Not all the “box of the month” clubs have found success, but one that took a slightly differentiated route – full-sized products, shipped quarterly – has bootstrapped its way to $15 million in annual revenue, investors tell us, and has recently taken in its first outside capital. FabFitFun, a women’s lifestyle subscription box company, is announcing that…

Zwipe Banks $5M To Get Its Biometric Payment Cards To Market In Early 2016

Norwegian startup Zwipe, which is taking aim at payment card PIN codes and passwords with an embedded fingerprint reader technology to authenticate card payments, has closed a $5 million Series B funding round. The investment comes from Photon Future, a wholly owned subsidiary of Shenzhen-based high-tech holding group Kuang-Chi Group. The group is now Zwipe’s largest shareholder,…