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- UpStart Weekly Rundown - November 12, 2024
UpStart Weekly Rundown - November 12, 2024
UpStart Weekly Rundown - November 12, 2024
Fan-Powered NIL Dreams: FansTake Scores $3M
FansTake, a startup redefining Name, Image, and Likeness (NIL) opportunities, has raised $3M to build fan-funded NIL collectives. The platform enables fans to directly support athletes they admire while creating a transparent funding ecosystem for student-athletes. With NIL legislation opening doors for athlete monetization, FansTake aims to deepen fan engagement and boost athlete income. The new funding will accelerate development and broaden outreach, aligning fans' passions with tangible financial backing for their favorite players.
Snap Mobile Snaps Up $23M for Growth
Runway Growth Capital has invested $23 million in Snap Mobile, a leader in fundraising solutions for schools and teams. Snap Mobile's all-in-one platform simplifies fundraising, streamlines donations, and enhances engagement for educational and athletic programs. The new funding will fuel the company's expansion, support innovation in its platform, and drive impact across its growing user base. With this boost, Snap Mobile aims to empower communities to meet their fundraising goals more effectively than ever.
Plantible's Rubi Protein Gets $30M Power-Up
Plantible Foods has closed a $30M Series B funding round to scale production of Rubi Protein, a sustainable, plant-based protein extracted from lemna (duckweed). Designed to meet soaring demand for eco-friendly protein alternatives, Rubi Protein boasts high functionality and a small environmental footprint. With the backing of key investors, Plantible aims to disrupt the food and beverage industry by providing a versatile protein that aligns with sustainability goals. This funding positions them to expand operations and further integrate into global food systems.
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