The round, led by 9News parent Tegna, brings the total raised by the sports media firm to $25 million.
Startups
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132 Colorado firms make Inc. 5000 fastest-growing private companies list
A Broomfield software company made the top 10.
VC firm invoices get paid, contract terminated in lawsuit settlement with city
Danielle Shoots’ DEMI Fund was tapped to invest a portion of tax dollars from marijuana sales in local companies.
Health care tech firm files to liquidate after seven years
The company listed assets of $300 and said it owes $1.53 million to 24 creditors.
The Term Sheet: Startup funding roundup for May 2024
Among those raising cash: a plant-based meat alternative, an AI company for teachers and a maker of packaging materials.
Software firm Xactly downsizes downtown
European sports book Tipico leased half of the available sublease.
Inspirato threatened with Nasdaq delisting over shrinking market cap
The company failed to address a notice of noncompliance it got six months ago, according to the stock exchange because its market cap fell below $15 million.
Education startup Guild cuts a quarter of its workforce
The move, which affected 300 people, comes a year after the company cut 12 percent of its staff.
The Term Sheet: Startup funding roundup for April 2024
Among firms raising cash: a beauty technology company, a single-serve wine brand and a software for landlords.
From the waiting room to the bar: TV network raises cash after pivot
“If they’re not entertained, we’re dead in the water.” You might have seen True Sync Media’s TVs locally at Illegal Burger or Stoney’s Bar & Grill.