Yellowpop, a NYC-based home brand specializing in LED neon signs, closed a $4m Series A funding.
The round included participation from Eutopia, a distinguished Paris- and New York-based early-stage venture capital fund.
The company plans to use the funds to continue its global expansion through 2021 and further develop as a lifestyle and home brand.
Beyond the brand’s signature LED neon signs, Yellowpop plans to use the funding to expand and develop its product line into a holistic home decor brand, beginning with new partnerships featuring blue-chip artists and brick-and-mortar retail locations in cities like New York, Paris, and London. Yellowpop will also be adding over a dozen new roles to their team.
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Push to kneecap super proxy advisers
Apr 30, 2021 – 9.30pm
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The influential advisory firm controlled by the $500 billion industry super fund sector would be kneecapped under a push by Treasurer Josh Frydenberg to regulate the way institutional shareholders vote on how companies deal with environmental, social and governance issues.
The proposed measures include forcing proxy advisers to give the companies they are reviewing a week’s notice of how they are recommending shareholders should vote and the research on which it is based. Firms would also have to give clients access to the company’s response.
Australian Council of Superannuation Investors president Ian Silk with chief executive Louise Davidson.
As VC Soars, Main Sequence Attracts Temasek, Hostplus for Second Fund
The oversubscribed fund, which has raised $250 million AUD, is emblematic of the new popularity of venture capital.
Main Sequence, a deep technology venture capital (VC) firm based in Australia, has raised $250 million AUD (US$193.6 million) for its oversubscribed second investment fund. It has attracted a series of returning asset owners and investors.
Investors Hostplus, Horizons Ventures, Lockheed Martin, and Temasek, as well as other family offices and private investors in Morgan Stanley Wealth Management and Mutual Trust supported the raise, Main Sequence said Tuesday.
Investor interest in venture capital has been growing steadily over the years, but recently, it has gone positively gangbusters. Attractive returns from a growing number of unicorns, companies valued at upward of $1 billion, have boosted interest.