Equity-based crowdfunding platform CircleUp has closed a $14 million Series B round of funding.
The latest round was led by Canaan Partners. The last round of funding, $7.5 million in Series A led by Union Square Ventures, was in April 2013. Existing investors in Series A, including Google Ventures, Rose Park Advisors and Maveron — which was also an early investor in the $1.5 million seed round — were also investors in Series B. With the latest round, CircleUp has raised an aggregate of $23 million in less than three years.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"