Today Molekule, the company behind the only molecular air purifier proven to destroy indoor pollutants, announces $10.1 million in Series A funding. Led by Crosslink Capital with participation from SoftTech VC, Translink Capital, and Foxconn, the round will be used to scale production, expand its team, and build out the product pipeline. Molekule is also announcing the device’s availability to the general public.
Our air quality is rapidly declining due to increasing industrialization and other environmental factors. While unhealthy for everyone, for the one in four allergy and asthma sufferers in the U.S., poor air quality can be debilitating — particularly since climate change and rising levels of pollution are shown to worsen such symptoms. Read the rest here.
By merging venture capital and hedge fund investing, Michael Stark plays both sides of the tech coin to winning effect. Read More >>
Crosslink Capital, a San Francisco venture-capital and growth equity firm, said it has completed raising a $200 million venture-capital fund dubbed Crosslink Ventures VI… Read More >>
NYTimes working on personalized news site
News.me is expected to launch later this year
Peter Rip of Crosslink Capital explores one path to a brighter future for media, although not one for everyone.
As Washington considers ways to reform corporate governance, Peter Rip, a general partner at Crosslink Capital in San Francisco, suggests that regulators and boards could take a page from the venture capital industry’s playbook. Read More >>
Co-founder and general partner of hybrid investment firm Crosslink Capital, Mr. Stark offers his opinion on the hot-button topic of excessive executive compensation, which he believes could be cured if public companies were run like private ones. Read More >>