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London’s Lapse closes $30 million Series A round for Gen-Z friendly photo sharing network Investments 

London’s Lapse closes $30 million Series A round for Gen-Z friendly photo sharing network

    Friends-focused photo-sharing app Lapse, based in London, has closed an oversubscribed $30 million Series A round. Co-led by Greylock and DST Global Partners, preeminent investors in the Internet technology sector, existing investors GV (Google Ventures), Octopus Ventures, and Speedinvest returned to participate alongside high-profile angel investors Naveen Gavini (former Chief Product Officer at Pinterest), Soleio (designer and investor), Nima Khajehnouri (former VP of... Read More
Photoroom secures $43M in Series B Funding, launches AI photo-editing features forbusinesses Investments 

Photoroom secures $43M in Series B Funding, launches AI photo-editing features forbusinesses

Paris, France-based Photoroom, the popular AI photo editor maker, has successfully closed a $43 million Series B funding round. The funding round, led by previous investor, Balderton and new investor, Aglaé, with YCombinator participating, brings Photoroom’s total funding to $64 million. “Photoroom shattered all expectations,” says Cameron Curtis, EVP of Worldwide Digital Marketing at Warner Bros. “Its unparalleled ease of use... Read More
Bria gains $24 million in Series A funding Investments 

Bria gains $24 million in Series A funding

Israel-based ethics-driven AI image generation startup Bria has raised $24 million in a Series A funding round, led by GFT Ventures, Intel Capital, and Entrée Capital with additional investors including, Publicis Groupe, Getty Images, Samsung Next, IN venture (Sumitomo Corporation, Japan), Atinum Investment (South Korea), Z Venture Capital (LY Corporation, Japan), Mirae Asset Venture Investment, J-Ventures, and others, according to a company release.... Read More
Top articles from the Dead Pixels Society in 2023 Acquisitions Investments News 

Top articles from the Dead Pixels Society in 2023

The Dead Pixels Society had another big year, covering all of the photo/imaging industry news. 2023 was another busy year; here are the top stories. Shutterfly layoffs impact 360 Personalized photo products leader Shutterfly Inc. management is reducing staff by 360 employees, according to a company-wide email. The announcement was not made public but the topic is a hot one on LinkedIn and on layoff... Read More
Bridge Bank loans Gooten $3.5 million in venture debt term loan Investments News 

Bridge Bank loans Gooten $3.5 million in venture debt term loan

Bridge Bank announced its Technology Banking Group closed a $3.5 million venture debt term loan with Gooten to use the funds for continued growth and expansion. Gooten provides order management systems to power on-demand production to more than 10,000 businesses “We believe in supporting ventures that contribute to the overall economic landscape, and Gooten embodies that spirit,” said Roger Klarmann,... Read More
Investor group takes over German photo kiosk maker di support, now pixolo Investments News 

Investor group takes over German photo kiosk maker di support, now pixolo

Germany-based photo kiosk maker di support GmbH, best known for its award-winning Print Cube series of photo print kiosks, has a new investor group from the tech and finance sectors, including founder Ralph Naruhn. The company, now known under its pixolo brand, is pivoting into a provider of biometric ID (passport photo) systems, and a provider of e-commerce and app... Read More
Audax Private Debt providing additional financing for ImaqeQuix add-on acquisitions Investments News 

Audax Private Debt providing additional financing for ImaqeQuix add-on acquisitions

Audax Private Debt announced, as administrative agent and sole lead arranger, it provided a unitranche credit facility to support add-on acquisitions for Charlesbank Capital Partners’ portfolio company, ImageQuix, the provider of workflow and e-commerce software for the professional photography industry. According to Investopedia, “unitranche” is “a type of debt that combines senior and subordinated debt into one debt instrument; it... Read More
Cloudprinter announces new round of financing, but not many details Investments 

Cloudprinter announces new round of financing, but not many details

Cloudprinter.com, the Dutch-Ukrainian-American print-on-demand platform, announced a new round of financing. The amount was not disclosed. In 2022, the company announced €7 million raise to build its global API platform. The company says the significance of this investment is the participation of a new Ukrainian investor, u.ventures, the venture capital arm of the Western NIS Enterprise Fund. The investment round... Read More
Mastering Finance: From College Dropout to Successful Entrepreneur with Chris Miles Investments News Podcasts 

Mastering Finance: From College Dropout to Successful Entrepreneur with Chris Miles

Ever wonder how the masters of finance manage to retire not once, but twice? Our guest today, Chris Miles, a financial expert from Utah, will not only answer that question but will also walk you through his journey from being a college dropout to a successful entrepreneur. Miles pulls back the curtain on the world of passive real estate investing, revealing... Read More
Fujifilm investing 4.5 billion yen in INSTAX film production Investments 

Fujifilm investing 4.5 billion yen in INSTAX film production

FUJIFILM Corp. announces a ¥4.5 billion investment into its Ashigara Site at the Kanagawa Factory in Japan to reinforce production facilities for INSTAX films. The latest move will increase the company’s production capacity for INSTAX films by approximately 20%. The production facilities to be built under the new investment are set to go operational in stages, starting in the autumn... Read More
AI video app Captions raises $25 million In Series B funding Investments 

AI video app Captions raises $25 million In Series B funding

Captions, an AI-powered creative studio, announced the company has raised $25 million in Series B funding led by Kleiner Perkins, and other investors including Sequoia Capital, Andreessen Horowitz, and SV Angel also participated, bringing the total capital raised to date to $40 million. The Captions video editing app debuted on the Apple App Store in January 2021. Within six months,... Read More
Shutterfly announces early settlement of the exchange offer Investments News 

Shutterfly announces early settlement of the exchange offer

Shutterfly LLC announced it has closed its previously announced refinancing transaction. Earlier this year, news reports showed debt holders of the privately-held Shutterfly were seeking better terms after poor 2022 results. Details are in the press release below: Shutterfly, LLC (the “Company,” “we,” “our” and “us”) today announced that, on June 9, 2023, Shutterfly Finance, LLC, a subsidiary of the... Read More