Early Stage Venture Roundup
Compiled by Alastair Goldfisher
SAN FRANCISCO (Private Equity Week) - Mortgage-search site Home-Account - www.home-account.com/ - recently received $1 million in seed funding from Charles River Ventures and other investors. The company will use the funding to help it grow its recently launched site.
Home-Account was one of eight startups to raise seed or early stage funding last week, according to Thomson Reuters.
Venture capital firm Charles River Ventures invested the money through its QuickStart Seed Funding Program. Launched in 2006, the program offers up to $250,000 in seed money to entrepreneurs. CRV QuickStart targets the telecommunications and technology, software and services, and new media sectors.
Here is the weekly roundup of all early stage venture capital deals tracked by Thomson Reuters.
CLEANTECH
Lifefactory Inc.
Sausalito, CA
www.lifefactory.com - www.lifefactory.com/
Amount/Round: $750K/seed
Investors: Greenhouse Capital Partners.
Details: Makes green consumer products, such as baby bottles free of such chemicals as phthalate and polycarbonate. The company previously raised financing from friends and family. Peter Henig, managing partner at Greenhouse Capital, has joined the board.
New Leaf Paper
San Francisco, CA
www.newleafpaper.com - www.newleafpaper.com/
Amount/Round: $5M/A Continued...
Small Business
Fallen leaves help entrepreneur rake in revenues
Brooklyn-based entrepreneur Michael Dwork got the inspiration for his environmentally-friendly disposable paper plate company from watching women in India gather up fallen palm leaves and press them into makeshift plates and bowls. Full Article


