Daily business news in New York
NEW YORK — Tend, which operates dental studios in New York City, has raised $37 million in new funding led by GV (formerly Google Ventures), alongside new investors Tiger Global and Good Friends, the fund formed by the founders of Allbirds, Harry’s, and Warby Parker. Existing investors Juxtapose, Redpoint and Zigg Capital also participated. The […]
NEW YORK — Imvaq Therapeutics Corp., an cancer immunotherapy company founded by researchers at Memorial Sloan Kettering Cancer Center (MSK), has closed $15 million in Series B financing. The company is developing novel viral-based, armed immune-stimulating therapies to treat a variety of solid tumors including skin cancers, sarcoma, as well as hard-to-treat tumors such as […]
NEW YORK — Bunch, developer of a party app for multiplayer games, has closed $20 million in Series A funding, led by General Catalyst. Investors in the round include many of the top game companies such as Electronic Arts, Krafton (PUBG), mixi, Take-Two Interactive Software, Inc., Ubisoft, Supercell, Riot Games, Miniclip and COLOPL. Additional investors […]
NEW YORK — nTopology, which has developed a 3D printing platform for engineers, has raised $40 million in Series C funding. Insight Partners, a venture capital firm based in NY, led the round joined by Grant Verstandig & existing venture partners Root, Canaan, DCVC, & Haystack. Josh Fredberg of Insight Partners will be joining nTopology’s Board of Directors. The […]
NEW YORK — Private equity firm KKR has agreed to buy 1-800 Contacts, the largest retailer of contact lenses in the U.S., from AEA Investors. Terms of the deal weren’t announced. AEA Investors purchased 1-800-Contacts in 2016. Over the last several years, the company has made significant investments in technology and expanding its offerings, including […]
NEW YORK — Peacock, the streaming service from NBC that launched on July 15, is now available this week on Roku, a streaming platform that reaches an estimated 100 million people. Peacock provides access to more than 20,000 hours of on-demand movies and shows, as well as live news and sports programming, from NBCUniversal and […]
NEW YORK — Citi has announced the first investments from its $150 million Citi Impact Fund, an investment fund devoted to backing “double bottom line” companies. The companies receiving funding are Fulcrum BioEnergy, ICON, PadSplit, and The Mom Project. “The COVID-19 pandemic is requiring us to rethink how we work,” said Ed Skyler, Head of Global Public Affairs at […]
NEW YORK — ViacomCBS has unloaded CNET Media Group for $500 million to Red Ventures, a company that owns a portfolio of digital brands and is based in Fort Mill, SC. CNET Media Group is a pioneer in digital media and includes tech news site CNET and ZDNet, a leader in B2B focused content and Gamespot, a […]
NEW YORK — Ryan Serhant, one of NY’s top real estate agents and a star on Bravo’s Million Dollar Listing New York reality show, is launching his own brokerage SERHANT. According to Real Trends, Serhant was the No. 1 broker in the NYC area in 2019 and ranked third nationwide with $721.9 million in sales volume. Since […]
NEW YORK — JetBlue plans to launch 24 new routes later this year aimed at \generating cash and capturing passenger traffic on a variety of new, nonstop routes – many never flown before by the airline. The flights include over a half dozen from Newark Airport to the Caribbean. Each route plays to JetBlue’s strengths […]