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"It is a financial validation.
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Their vision has received its first major financial validation from a geographically and professionally diverse group of investors; consisting of boutique Russian VC firm The Untitled VC, Singapore-based Microsoft executive Todd Forest, and a recruiter.
It's certainly a nice little show of financial validation for the team, especially considering this is their first big foray into consumer-facing hardware and the fact that they didn't exactly need the cash in the first place.
One of these startups, the New York City-based ShowMe, found some early financial validation from an impressive set of investors, raising $800K last August from the likes of Lerer Ventures, SV Angel, betaworks, Learn Capital, and angel investor Naval Ravikant.
The vision is a big one, and today CrestaTech received further financial validation for its endeavor, announcing that it has closed a $13 million Series B round of investment.
Because every private collection also represents a financial investment, which museum validation can help to secure, the conflict of interest is blatant.
It was a financial company.
On a financial basis, meh.
"We need a financial base.
He blamed a financial speculator.
There is a financial reason.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com