Category Archives: Ludlow Ventures

Ludlow Ventures raises $45m for third fund

Ludlow Ventures raised another $45 million to invest in young startups. The Detroit-based venture firm is today announcing it closed its third fund since the firm’s founding in 2010. Founding and managing partner Jonathon Triest tells TechCrunch the firm set out to raise another $45M and were immediately oversubscribed. Triest says Ludlow Ventures, with its two other partners of Brett deMarrais and Blake Robbins, are surfacing deals on the coasts before anyone else and is doing so from Detroit. Even though the firm is based in downtown […]

Read more

Detroit’s StockX raises $44M from GV and Battery to expand marketplace internationally

StockX started as a marketplace for reselling sneakers but has since grown to be much more, bringing its transparent and anonymous marketplace to more verticals. Today the company is announcing a $44 million Series B that will help fuel international and domestic growth while letting the company expand to even more product categories and perhaps opening StockX stores. The idea driving StockX is simple: Provide a marketplace with fair pricing and ensure the merchandise is authentic. The result scales to nearly day-trading in consumer goods in the […]

Read more