The communal living space provider, which counts Lowe's Ventures and Comcast Catalyst Fund among its early investors, has raised series A capital from backers including Raiffeisen.
Starcity, a US-based community accommodation network backed by home improvement retail chain Lowe’s and mass media group Comcast, has secured $16.5m in series A funding, Fortune has reported.
The cash was supplied by Invest AG, the venture capital arm of financial services firm Raiffeisen, as well as VC fund Bullpen Capital, accelerator Y Combinator and VC firm Alrai Capital.
Starcity is building a network of co-living spaces in which each resident gets a furnished private room but shares living spaces…
