Lightbank

Disruptive technology investors.

[Lightbank @lightbank]

Announcing Lightbank's $290M Fund III

https://t.co/aIqAXLJRt5

[Boom Supersonic @boomsupersonic]

The future is coming faster than you think. Today, we announced the building completion of the Overture Superfactory, which comes just 17 months after Boom broke ground on the site. The Superfactory will produce 33 Overture airliners annually, and a second production line will double capacity to 66 supersonic aircraft each year. Completion of the Overture Superfactory sets the foundation for the return of supersonic travel, which will put the world within everyone’s reach.

Learn more about the Overture Superfactory here: https://t.co/uOTEqKk5Ea

[Lightbank @lightbank]

Congrats to @HALOdotscience on its partnerships with @NSF to help scientists at less-resourced universities connect with companies that can advance their research.

[U.S. National Science Foundation @NSF]

🔔 New project alert!

NSF invests $1.2M into a pilot effort led by @halodotscience to create diverse partnerships among industry innovators & emerging research institutions.

Learn more ⬇️ https://t.co/gQicg31ngB

[Pyka @flypyka]

Pyka and @SierraNevCorp have partnered to offer Pyka's large-scale all-electric cargo UAS to the U.S. Department of Defense.

Read the story here: https://t.co/kEOVAYb8fq

Watch the video here: https://t.co/276zMJEd28

#flypyka #contestedlogistics #electricaircraft

[Lightbank @lightbank]

We invested in Pinch's $3.5M Seed Funding to help nurse practitioners become healthcare entrepreneurs!

[Elan Mosbacher @mosbacher]

Today, we finally unveil our startup.

👋Meet, Pinch :)

[Lightbank @lightbank]

Introducing our investment in Protiv: https://t.co/xu9kPl8lxc

[Boom Supersonic @boomsupersonic]

Today, Boom announced the successful flight of XB-1, the world's first independently developed supersonic jet, at the Mojave Air & Space Port in Mojave, California. Flown by Chief Test Pilot Bill "Doc" Shoemaker, XB-1's inaugural flight marks a major milestone toward the return of supersonic travel onboard Overture - Boom's supersonic airliner. The XB-1 program provides the foundation for the design and development of Overture, while establishing a safety-first culture in engineering and manufacturing.

"Today, XB-1 took flight in the same hallowed airspace where the Bell X-1 first broke the sound barrier in 1947." said Blake Scholl, founder and CEO of Boom Supersonic. "I've been looking forward to this flight since founding Boom in 2014, and it marks the most significant milestone yet on our path to bring supersonic travel to passengers worldwide."

Read more on XB-1's milestone first flight here: https://t.co/IopqZAdqiX

[Lightbank @lightbank]

See the full list here (s/o @thogge): https://t.co/W2rhMISzqB

[Lightbank @lightbank]

Lightbank portcos @AttainData and @PaytientApp made the 2024 Exceptional Startups List 🙌

To make the list, a company must have:

1) At least $5m in run-rate revenue,

2) At least 100% YoY growth, (50% minimum if revenue is above $20m)

3) Raised money from a list of top VCs

[Lightbank @lightbank]

Congrats @AttainData and @PaytientApp for making 2024's Exceptional Startup List! Find your career rocket ship in the Lightbank portfolio 👀

[Rex Salisbury @rexsalisbury]

Best companies to work for are a mid-sized companies with growth.

hard part is often finding those companies.

@thogge did the work for you 💪💪

here's his list. includes:
-130 companies
-doing $5M+ in revenue
-growing 100% YoY

if you are thinking about companies to join this is one of the best lists to take a look at.

Why not join a later stage company?
Later stage companys tend to grow more slowly and the org has introduced multiple levels. It's easier to scale the career ladder when things are growing rapidly, since the number of opportunities relative to headcount is high. That ratio quickly shrinks.

Why not join an earlier stage company?
They are riskier. That said, I have lots of pre-seed and seed stage companies and I do think it make sense sfor folks to join those companies. To join at that stage though you need to be a missionary, not a mercenary. You need to believe deeply in the company, the founders and its mission. It's going to be hard, so when you hit bumps in the road you need to push thru. So by all means, go earlier, but only if you have strong conviction.

enjoy! I'll put a link to the list in the comments.

[Lightbank @lightbank]

Congrats to our friends at https://t.co/THPAPSvonK on their $85 Series C! 📈📈📈

[TechCrunch @TechCrunch]

https://t.co/9r0nALHK1w targets $85M equity, debt raise into new savings super app https://t.co/hcJqAnSR9S

[Lightbank @lightbank]

75% of filmmakers will do at least some Virtual Production in 2023. Data from film tech startup SHOWRUNNER's State of Virtual Production Report shows how fast the film and video ad industries are transforming! https://t.co/Vwlwm3TOEy

[Lightbank @lightbank]

We are thrilled to share the unveiling of Pyka's latest autonomous electric aircraft, Pelican Cargo!

[Pyka @flypyka]

Pelican Cargo is here!

Today we are proud to announce the unveiling of Pelican Cargo, Pyka’s largest autonomous electric aircraft yet and the first zero-emission commercial cargo UAS of its kind.

Watch the full video on YouTube: https://t.co/j38iSS6hW8

[Lightbank @lightbank]

For the vast majority of Americans, healthcare is becoming less and less affordable with rising healthcare costs and strain on other parts of the family budget. Paytient is making healthcare more affordable for all.

Why we invested: https://t.co/X4rbfAESml

[Paytient @PaytientApp]

We’re excited to announce that Paytient has raised a $40.5 million Series B, bringing our total funding to $63 million!

Click the link below to learn more!

https://t.co/8ed1gQdmeQ

[Lightbank @lightbank]

Exciting update from Klover (now @AttainData)!

https://t.co/RhdqP9aeqH

[Lightbank @lightbank]

.@Benzinga is hosting a https://t.co/Nske3EnRmb like you've never seen!
* NYC
* Dec. 8
* AWESOME lineup
* All about making business DEALS happen w/ networking as the focus of the event.

Hit them up at [email protected]

Tickets will likely be gone by end of next week!

[Erin Levine @erinlevine_]

This is a super exciting milestone in our journey @hellodivorce to disrupt the broken family law system and allow all Americans to take better care of themselves and their families during and after divorce - regardless of their income. Thanks for covering @bobambrogi!

[Lightbank @lightbank]

Exciting new developments at Snapcommerce, now Super!🚀

https://t.co/yS7r7kRPSh

[Lightbank @lightbank]

We are very excited for @gamergains_ Closed Beta launch on Oct 11th!