Recurrent Ventures: 'Popular Science' owner Recurrent Ventures raises $300M

One of South Florida's top-funded businesses of 2021 just raised even more capital. Recurrent Ventures, a digital media company headquartered in Miami, secured $300 million led by Blackstone Tactical Opportunities. That follows a $75 million capital raise last October, one of the region's largest venture deals of the year. The company was founded in 2018 by North Equity Managing Partners Andrew Perlman and Matt Sechrest. Since then, it has acquired 24 digital media brands, including Popular Science,...