Snapcommerce wants to change how consumers shop on their phones. To that end, on March 4, the company brought home an $85 million growth investment round it will use to launch products in other verticals after the success of its first offering, Snaptravel. Bee Partners participated in this growth round, which was led by Lion … Read more
In 2016, Nuha Siddiqui was an environmental economics student at the University of Toronto when she came across a study estimating that by 2050 there will be more plastics than fish in the world’s oceans. That news spurred Nuha to partner with two other students, plant biology specialist Kritika Tyagi and engineering expert Chang Dong, … Read more
Big congratulations to the smart thinkers at SugarCRM who have picked up Node.io. You can read the news in TechCrunch. Node’s AI-as-a-service platform augments sales, marketing, and human resources teams with machine learning-powered customer predictions and lead recommendations, enabling users to connect with better sales leads and potential customers. That’s right in SugarCRM’s sweet spot … Read more
Back in 2012, I was a sole GP investing from a windowless office in a shared workspace south of Market. With the backing of several remarkable and patient LPs, I had raised $7M of capital and invested in only 25 companies. I was learning a lot in a very hands-on manner. The portfolio had its … Read more
Today, it was announced that BuildingConnected, a Bee Partners II portfolio company, has been acquired by Autodesk. This means a Q1 distribution event for our LPs. And, of course, it’s a big win for everyone involved, especially Autodesk, which now has access to brilliant Co-Founders Dustin DeVan and Jesse Pedersen and to a market network … Read more
Bee Partners is pleased to announce our investment in Voltaiq, a team that is revolutionizing how transportation, energy storage, and electronics companies ensure performance, predictability and reliability in the battery systems that power their products. See coverage in Pitchbook, Greentech Media, and PR Newswire. Battery technology has emerged as the clear front-runner in the sustainable energy revolution. Many countries … Read more
There’s big news in the sky: Skycatch has sold 1,000 drones to construction giant Komatsu (and already delivered 200). Read the story here. The Skycatch Explore 1 drones are semi-autonomous quadcopters made in partnership with dronemaker DJI. They’ll use Skycatch’s machine-vision software to control Komatsu’s robot construction vehicles and deliver real-time insights and autonomous execution. Our kudos to … Read more
It’s pretty great around Bee HQ these days. … We’ve got a fully engaged, enthusiastic team. The pipeline of opportunities is full of new innovation and disruption. And every single day, we do the work we love with Founders we deeply respect and learn from. And, as of last week, 60 percent of companies Bee Partners invested … Read more
Steadfast. Resolute. Full of grit and in the grip of a passion. These are the words that come to mind when thinking about Bee Founder (and Cal grad) Nikita Bier whose company, tbh, was acquired by Facebook on October 16. See the story on TechCrunch here. Bee Partners invested with Nikita and his team in May of 2013. On … Read more
At Bee Partners, we consistently favor experienced Founders with deep market insights, just as much as we consider the core business opportunity or technological defensibility. Our decision to invest in RBC Signals was motivated by the depth of knowledge of Co-Founders Christopher Richins, Olga Gershenzon, and Rani Hellerman. This global, multi-dimensional team is well respected in the … Read more