Mosaic Building Group, a construction technology startup based in Phoenix, has announced a $44 million Series B funding round. This round brings the company’s total funding to $68.75 to date. The round was led by Peak State Ventures, Andreeson Horowitz, Starwood Capital, Founders Fund, Innovation Endeavors and Building Ventures, among others. Mosaic will use the … Read more
This week, AirGarage, a startup founded in Tempe that’s designed to improve the public parking experience, announced a $12.5 million raise led by Andreesen Horowitz. MediaKits, a startup that provides “digital resumes” for influencers, raised $1 million. We also talk about the massive amount of investment capital in Arizona. We also discuss the metaverse, the … Read more
Virtuous, a fundraising platform for nonprofits, has closed an $18 million Series B raise, which will be used to further support the company’s goal to hire locally and expand the team nationally. The money will also help support the company’s fast growth trajectory and improve product offerings. The raise was led by Fulcrum Equity Partners, … Read more
Arizona saw some big tech developments in May, from expansion, acquisitions and life-saving partnerships to raising millions for local and regional startups. Another possible TSMC expansion in Arizona Taiwan Semiconductor Manufacturing Co., the world’s largest chipmaker, may expand even more in Arizona. Reuters reported in early May that sources familiar with TSMC’s expansion plans said … Read more
The 2021 Venture Madness event, Arizona’s longest-running VC conference and pitch competition, is now open for applications through June 3. The difference this year? The event is open to companies across the U.S. “Business growth in Arizona has propelled the state to become one of the best places in the country to start a company,” … Read more
YellowBird, a gig economy marketplace headquartered in Phoenix, has closed its seed capital raise with more than $1.7 million in funding. The YellowBird marketplace connects businesses with vetted Risk and Environmental, Health, and Safety (EHS) professionals on-demand for projects of any size. The professionals are vetted with a five-step process that includes background and accreditation … Read more
So, we’ve covered how to land a meeting with venture capitalists and firms in Phoenix to consider pitching, acronyms you need to know before heading into your pitch, and the most important slide you need in your pitch deck. Ok, you listened to all of our advice and landed meetings with multiple VCs. Now what? … Read more
Over the past two years, Arizona startups have received more venture capital than ever before. According to ClearData, Arizona is still trailing the major U.S. startup hubs by a fairly wide margin. And yet, the tech startup industry here is growing fast. Arizona appeals to both local founders and founders originally based out-of-state, thanks to … Read more
What do all good business ideas have in common? That’s easy. They all need money, from thousands of dollars to even millions, to get off the ground. Maybe you can fund your idea by yourself. Perhaps you can ask family and friends to invest in the beginning. You might even be able to find some … Read more
Pitching to investors is intimidating at best, devastating at worst. Founders can spend hours building just the right presentation. But the reality is, potential investors really only need to see one thing. Veteran tech entrepreneur and investor Hamid Shojaee told April 2021 PHX Startup Week attendees that in order to be successful at fundraising, all you … Read more