Fresh Capital

MESA Raises $10 Million Seed and Series A Venture Fund Focused on New York City

Mark Patricof

MESA+, a four-year old venture arm of the investment bank and strategic advisory firm MESA Global, is launching a $10 million venture fund today for seed stage and Series A investments. The fund will be allocated towards companies in consumer Internet, digital content, advertising, marketing, and commerce and focus on investments in New York, from the Mesa+’s Union Square headquarters.

“Since its inception, MESA has worked hard to connect startups with our network in the media and entertainment world,” the company said in a press release, noting that, “we are a startup ourselves.” The firm has ballooned from four people to more than 25, including its three partners: Jacob Brody, Andrew Montgomery, and Mark Patricof. Read More

the startup rundown

Startup News: NWC+HP and a Hard Candy Launch

new-work-city1

HIP LIKE HP. New Work City just signed its newest sponsor: HP. “This is really great for us, as their support will play a huge part in helping us make ongoing improvements to the space and community. To consummate the relationship, we’re hosting an event on December 5th. I’ll have more details next week. In the meantime, come play with some new gadgets and help us help HP make printing suck less!

FITOCRACY PUSH. “Fitness is something that people tend to take very seriously so it should be no surprise that when they embark on the quest to better bodies, they want their chosen tools to be the best they can be. Since the beginning, one of the most often requested features for Fitocracy has been a way to visualize your workout progress over time. And so it is with incredible excitement that we announce the official release of Graphs on Fitocracy.” Read More

Office Space

Foursquare Moving to Soho, Beats Out Tumblr for Sunny Office on Broadway

(foursquare.com)

Foursquare will soon say goodbye to its longtime office mates at 36 Cooper Square, Betabeat has learned. The startup, which raised a $50 million round of funding over the summer, has vastly outgrown the 7,600 sq. ft. at the hip East Village digs it shares with Curbed and web design shop Hard Candy Shell, and is negotiating a sublease for the top two floors at 568 Broadway.

Nothing has been signed, but the deal has been in the works for more than two weeks and appears set to close soon. “We’re in the process of drafting the lease with Foursquare,” said Richard Pierpoint, real estate manager for Scholastic, which leases the space from the building’s owner. Read More