New York City

Glyph nets $150,000, plus more top funding news for New York-based companies

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Published on August 02, 2019
Glyph nets $150,000, plus more top funding news for New York-based companiesPhoto: Glyph/Facebook

New York-based shoes company Glyph has secured $150,000 in seed funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced July 22 and financed by 500 Startups.

According to its Crunchbase profile, "Glyph is a startup that specializes in developing digitally knit shoes. It aims to develop products that are non-animal-based. Glyph was founded in 2017."

The two-year-old startup also raised a convertible note round in 2017.

The round brings total funding raised by New York companies in manufacturing over the past month to $29 million. The local manufacturing industry has produced 26 funding rounds over the past year, raking in a total of $149 million in venture funding.

In other local funding news, tourism company CLEAR announced a corporate round on July 29, financed by United Airlines.

According to Crunchbase, "CLEAR makes it simple to be you, by using biometrics to build a connected world that’s smarter and more secure. Our platform instantly connects your life from airports to arenas.CLEAR powers secure, frictionless customer experiences at more than 30 airports and stadiums nationwide, and so much more to come."

Founded in 2010, the company has raised four previous rounds, including a round earlier this year.

Meanwhile, developer platform and open source company Blockstack raised corporate round funding, announced on July 25. The round's investors were led by SNZ Holding.

From the company's Crunchbase profile: "Blockstack is a decentralized computing network that puts users in control of their data and login. It’s the easiest way to build decentralized apps that can scale. Blockstack enables engineers to build secure, privacy-focused applications. Users are in control of their data instead of storing it with large tech companies."

Blockstack last raised $12 million in an initial coin offering earlier this year.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.