Ideo contributed to female-focused debit card provider Sequin's $5m seed round while Nikon has exited motion data software developer Wrnch.

Funding

Sequin, the US-based developer of a debit card for women that helps build credit, has completed a $5m seed round that included design agency Ideo, Y Combinator, Matrix Partners, Scribble Ventures, Thomvest and Commerce Ventures, Forbes has reported. The company had previously received $700,000 in pre-seed funding from angel investors including Carrie Schwab, Kevin Weil, Deb Liu, Dorothy Jean Chang and various female employees at Ideo.

Software producer Microsoft’s M12 subsidiary has co-led a C$3.15m ($2.5m) seed round for…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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