Utah Business
Recyclops announces the closing of a $3 million seed investment led by Lerer Hippeau and The Clorox Company. Other key investors include Utah-based Kickstart and Revolution’s Rise of the Rest Seed Fund, part of AOL founder and prolific investor Steve Case’s DC-based venture capital firm Revolution that invests in seed and early-stage companies.
Recyclops’ mission is to make recycling accessible and sustainable for all by bringing it to areas where it doesn’t currently exist. “People still care about recycling. They still want to recycle, even if their communities don’t offer it,” says Ryan Smith, founder and CEO of Recyclops, a Utah-based startup with 32 employees. “There are just a few logistical challenges that have kept recycling from taking off. We are addressing them.”
Wisconsin Inno - Baird Capital, Northwestern Mutual Future Ventures lead new investments bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Washington’s tech industry hasn’t been immune to the pandemic. Companies such as the IT giant DXC and the event-organizing platform Cvent cut jobs amid the slowdown. But some, including the hot cloud-computing company Appian, committed to hundreds of new hires.
Indeed, plenty of other good business news came from Washingtonian’s Tech Titans during the past year. Our 2021 winners who were selected through both reporting and an informal process of nominations from their peers managed to start up new and innovative companies, close on huge funding rounds, ink massive contracts, and announce initial public offerings.
Some of this year’s Tech Titans expanded their companies not only in spite of the pandemic but because of it. Michael Chasen, founder of the “edtech” firm Blackboard, leveraged the demand for at-home education to launch Class, a company that creates virtual classrooms using Zoom. Class has already raised more than $40 million. Blake Hall, founder of ID.me, wh
Lobster in Wisconsin? Cultured Decadence brings cell-based seafood to the Heartland seafoodsource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seafoodsource.com Daily Mail and Mail on Sunday newspapers.