Curios Raised $5M, Silverton’s $248M Fund, and More Austin Tech News

Catch up on the Austin tech news you may have missed last week.

Written by Jeff Rumage
Published on Jul. 11, 2022
Curios Raised $5M, Silverton’s $248M Fund, and More Austin Tech News
AUSTIN
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The Austin tech scene kicked off Q3 with a $5 million crowdfunding campaign, a new $248 million VC fund and an IT staffing company opening an office in Silicon Hills. Keep reading to catch up on the local tech news you may have missed last week. This is the Built In Austin Weekly Refresh.

Curios raised $5M through a crowdfunding campaign. Curios is a platform that allows people to create NFTs or set up their own NFT marketplace without any knowledge of blockchain technology. Curios differentiates itself from other NFT marketplace creation platforms with its currency conversion tools, language translation capabilities and an e-commerce interface that allows people to use credit cards to purchase NFTs instead of a cryptocurrency wallet. [Built In Austin]

June’s top five funding rounds totaled $245M. Built In’s monthly recap of the five largest funding rounds in June highlighted raises from L7 Informatics, LibLab, WIN Reality, DealHub and Sana. The top five rounds totaled $245 million, which is slightly less than the $258 million raised in May. [Built In Austin]

austin tech quote of the week

“Though the current economic conditions are complex, there’s never been a better time to invest. History has shown that the best companies are often created in difficult times and we remain committed to serving extraordinary entrepreneurs. We’ll keep investing and delivering exceptional results for our partners.” — Morgan Flager, managing partner at Silverton Partners

Silverton Partners announced a $248M VC fund. The Texas-based VC firm exceeded its initial goal of $220 million and raised $248 million in its seventh venture fund to date. The firm anticipates that more than two-thirds of the fund will be used to support early-stage startups in Texas. [Business Wire]

Built In Austin introduced its Future 5 companies for Q2. To celebrate the close of the second quarter, Built In Austin showcased five early-stage companies that have not yet raised a Series A funding round. Read on for more details about Chipper, Kiro Action, Reflex, Onuu and Eggschain. [Built In Austin]

Signature Consultants expanded into Austin. The Florida-based company, which is owned by Digital Intelligence Systems, provides IT staffing solutions and training development programs. The company said its new physical office will allow it to understand the needs of its clients in Austin. [Business Wire]

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