A Strong Quarter of Startup Fundraising in Brooklyn, with $43 Million Raised

7/25/17

Five companies each raised more than $5 million in Brooklyn in the second quarter of 2017, which saw 17 companies raise more than $43 million in total.

Leading companies were goTenna, with $7.5 million, Voodoo Manufacturing, with $6.7 million, AzurRX BioPharma, with $6 million, Propel, with $5.2 million and Remezcla, with $5 million.

The total for the quarter is higher than the first quarter of 2017, when companies raised $34 million. This quarter’s results are lower than the fourth quarter of 2016, when companies raised $67 million. Technical.ly did not keep data before that quarter.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.