Category: sosv

Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus

Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars Toronto accelerator program last month.  Canadian-based VC firm The Xchange led the round, SOSV and Shock Ventures participated, while Techstars Toronto made a follow-on investment. Nigerian…

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SOSV partners explain how deep tech startups can fundraise successfully

Startups developing so-called deep tech often find it challenging to raise capital for various reasons. At TechCrunch Early Stage: Marketing and Fundraising, two experienced investors spoke on the subject and advised startups facing a challenging fundraising path. Pae Wu and Garrett Winther are both partners at SOSV and run the…

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The rapid hard-tech emergence

Garrett Winther Contributor Garrett Winther is a partner and program director at HAX, SOSV’s venture program for hard tech. An engineer by training, venture builder by trade, he is bringing hard-tech ventures to life at SOSV, IDEO and MIT. When I joined the team at SOSV’s HAX, a venture program…

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SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups

Sean O’Sullivan, the founder of the global venture outfit SOSV, has slowly but steadily built up a sizable operation over the years. SOSV started off as a family office, investing the capital of O’Sullivan after he cofounded two companies, including MapInfo, an outfit that went public in 1994 before Pitney…

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Nordetect’s system to monitor soil and water for indoor agriculture raises seed funding

As indoor farming expands, a number of new companies are cropping up to provide better data and monitoring tools for the businesses aimed at improving efficiencies and quality of indoor crops.  One of these companies, the Copenhagen-based Nordetect, is entering the U.S. market with around $1.5 million in funding from…

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The venture firm SOSV has hired former TechCrunch COO Ned Desmond to help grow its startups

Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both TechCrunch and Engadget for more than eight years, has joined the investment firm SOSV as a senior operating partner. It’s seemingly a good fit for…

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