Nimbit, a direct-to-fan marketing, sales and distribution platform for musicians, announced today that it has closed a $1.25 million series A investment round. The round was led by Common Angels and Hub Angels and, according to VP of Marketing Carl Jacobson, will be used to ramp up the company’s hiring efforts.
Nimbit adds to the cumulative $3.5 million of seed funding it raised during three… → Read More
A Chicago-area startup that sells natural consumer goods online, Abe’s Market, closed a $3.4 million series A investment the company announced today. Accel Partners led the round, joined by the company’s earlier investors, Index Ventures and several angels.
Abe’s Market calls itself the equivalent of an online farmer’s market, and focuses on selling non-food category natural products like… → Read More
A Seattle-area materials science company, M9 Defense, raised $1.4 million in a series A round, a new SEC filing revealed.
According to the company’s website: its core product, Boroclave presses, use hydroforming technology to mass-produce ballistic and non-ballistic composites. The company claims the composites it uses have the highest strength to weight ratios available in today’s market, and… → Read More
Energy storage system producer 24M Technologies spun out of lithium-ion battery maker A123 Systems today to become a separate venture.
The company raised a $10 million Series A funding round from Charles River Ventures and North Bridge Venture Partners. → Read More
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