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The Daily Startup: Vinted Clicks With $27 Million for Used Clothes Site

  Art by Mike Lucas In this morning’s Web roundup, Accel invested in a $27 million round in used clothing site Vinted. Foundry Group has tapped private equity veteran Linden Eakman to lead Foundry Group Next. And Gradle Inc., based on an open source software project of the same name, said it has raised $4.2 million and is planning a commercial offering.

Introducing Foundry Group Next

This was also posted on Brad Feld’s blog and a similar announcement is up on as well. Over the years at Foundry Group we’ve built an extensive network of companies. While we’ve invested in some of these directly, this actually represents the smallest set of companies that we are involved with. We have also invested indirectly in... Read more

Foundry Group Next

Over the years at Foundry Group we’ve built an extensive network of companies. While we’ve invested in some of these directly, this actually represents the smallest set of companies that we are involved with. We have also invested indirectly in many others through our investment in Techstars. Show More Summary

How Halo 5: Guardians manages a near-perfect 60fps

Halo 5 is silky smooth. How did 343 Industries manage this impressive feat? Now that Halo 5: Guardians has gone gold, Digital Foundry has subjected the final build to its loving attentions. According to the group’s analysis, Halo 5 maintains an almost perfect frame rate, duping frames only during loading transitions. It does this by […]

Startupy fashion company Betabrand raises $15M

San Francisco-based fashion label Betabrand, the startup that brings to you the Dress Pant Yoga Pants, announced today that it has closed $15 million in funding from Morgan Stanley and Foundry Group. Betabrand is not your usual clothing brand; the startup crowdsources designs and then jumps into production, creating items like the Best Travel Pants and […]

Foundry Group Urges Boulder To VOTE NO on 300 and 301

This year’s local election in Boulder is a critical one. The city that we love risks shutting its doors. While the business community in Boulder has contributed immeasurably to the vibrancy, charitable contribution base, economic development,...Show More Summary

This Is The Droid You Are Looking For

One of the most enjoyable things I get to do in my job is to be involved in creating amazingly fun products. If you hang around in our office at Foundry Group you see plenty of Makerbots, Fitbits, an Oblong Mezzanine, an Occipital Structure Sensor, ModRobotics Cubelets, littleBits, 3D Robotics drones, and Spheros. Show More Summary

How an angel group is helping turn makers into money-makers

Software and innovation consultant Taivara Ltd. is moving into the Columbus Idea Foundry to help the makers become money-makers. The Idea Foundry set up last year in a former shoe factory and motorcycle dealership in Franklinton, making...Show More Summary

Our 2016 Foundry Group Fund and A Little History

Yesterday we closed our fifth fund, Foundry Venture Capital 2016, L.P. As with all four of our other funds, it’s a $225 million fund. In 2007 we raised our first fund – Foundry Venture Capital 2007. We subsequently raised a $225 million...Show More Summary

Why Slowing Down Will Grow Your Business

Brad Feld, entrepreneur and co-founder of Foundry Group, once wrote in his own Huffington Post piece that his common advice to TechStars teams is to slow down to speed up. "I see so many startups rushing to just get stuff out, without...Show More Summary

Calling All Entrepreneurs: Give Back To Your Community

At Foundry Group, we have a deeply held belief that we benefit from our local community (Boulder, in our case) and that we have a responsibility, as we have success, to give back to our local community. My partner Seth Levine just had an excellent OpEd in the Boulder Daily Camera explaining this. Show More Summary

The Foundry Group Detroit House

In an effort to buy real estate in burgeoning startup communities around the United States while more deeply engaging in the startup community, my partners and I have bought a house in the Cass Corridor neighborhood in Detroit. Jason Mendelson grew up in Detroit so this is a nice homecoming for him. Show More Summary

Syndicate Funding on AngelList – A Company’s Perspective

A few months ago AngelList announced Syndicates – enabling investors on AngelList to create fund-like groups of investors to invest together in AngelList companies (following a single lead investor). It’s a great idea and at Foundry we quickly decided it would be an interesting experiment to form our own syndicate. We were the first formal venture fund to... Read more

IBM Beats Intel To 7nm Process Thanks To Silicon-Germanium Transistors, EUV Lithography

An IBM-led alliance that includes Samsung, Global Foundries and other chip equipment suppliers created the first working samples of a chip that uses Silicon-Germanium 7nm transistors, making the group the first to announce such a breakthrough.

LeadPages Announces $27M In Series B Funding

Today LeadPages announced it has raised a $27 million Series B round, led by Drive Capital with participation from Foundry Group and Arthur Ventures. LeadPages allows a user to create a custom landing page, all backed by a suite of digital marketing tools designed to drive conversion rates on the page. Show More Summary

Foundry Group Backs Fashion Inspiration Startup Looklist

Looklist has raised a small seed round to build out its “inspiration engine” for fashion and hair. I know, I know, this sounds a bit like a bunch of other fashion startups, not to mention one of the main reasons people use Pinterest....Show More Summary

An Evening with Twitter and Foundry Group

Chris Moody (formerly CEO of Gnip, who Twitter acquired last year), Rishi Garg (head of Twitter Corporate Development), and Seth Levine (Foundry Group) are having a discussion about the inner working of Twitter. If you are interested, register to attend at Galvanize Boulder on June 10th from 6pm to 7:30pm. Show More Summary

VFX Software Firm The Foundry Sold for $312 Million

HgCapital closed a deal to acquire majority ownership from investor The Carlyle Group. read more

Just because it's worth $1 billion doesn't mean it's a unicorn, says VC who lived through the last bubble

Brad Feld, the founder of both tech incubator Techstars and Boulder-based VC firm Foundry Group, has a message for Silicon Valley. In a tweetstorm Monday, Feld warned that just because a company is valued at more than a billion dollars,...Show More Summary

World of Warcraft's New 10-Man Raid Nearly Beaten by Group of Five

While a lot of players are still trying to finish Blackrock Foundry, the ones who've completed it on the hardest difficulty are already looking for new challenges. Like Kief and his friends, who tried to do the 10-man version with only five players in the group, just like a normal dungeon. Read more...

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