StoreCash, a NYC-based provider of a cashback and financial mobile application, raised $3.7M in Seed funding. The round was led by Black Operator Ventures, with participation from returning investor MaC Venture Capital, 43North Foundation, Alumni Ventures, Buffalo Angels, Popular Ventures, and Mucker Capital. The company intends to use the funds to expand operations and its development… Continue reading StoreCash Closes $3.7M Seed Funding Round
Author: FINSMES Online News
Zitadel Raises $9M in Series A Funding
Zitadel, a San Francisco, CA-based provider of cloud-native identity infrastructure solutions, raised $9M in Series A funding. The round was led by Nexus Venture Partners with participation from Floodgate. The company intends to use the funds to accelerate product development, expand its technical team, and strengthen its market position. Led by CEO Florian Forster, Zitadel… Continue reading Zitadel Raises $9M in Series A Funding
JobGet Acquires Snagajob
JobGet, a Boston, MA-based provider app-first job platform, acquired Snagajob, a provider of a platform which specializes in hourly employment. The amount of the deal was not disclosed. Snagajob will operate as a standalone entity within JobGet, allowing employers to continue leveraging the platform while benefiting from JobGet’s resources and technology. Snagajob provides a platform… Continue reading JobGet Acquires Snagajob
Ecolectro Closes $10.5M Series A Funding
Ecolectro, a NYC-based green hydrogen technology company, raised $10.5M in Series A funding. The round was led by Toyota Ventures with participation from Starshot Capital, DNX Ventures, Energy Revolution Ventures, New Climate Ventures, Banco Popular Impact Fund, and Techstars, among others. Led by CEO Dr. Rodríguez-Calero, Ecolectro has developed scalable electrolyzer technology to reduce production… Continue reading Ecolectro Closes $10.5M Series A Funding
Vecna Robotics Closes $14.5M Additional Funding
Vecna Robotics, a Waltham, MA-based company which specializes in flexible material handling automation solutions, raised $14.5M in additional funding. Backers included unnamed existing investors. The company intends to use the funds to accelerate technology and product enhancements to address the automation needs of operators in automotive, general manufacturing, high-volume warehousing. Led by new CEO Karl… Continue reading Vecna Robotics Closes $14.5M Additional Funding
tozero Raises €11M in Seed Funding
tozero, a Munich, Germany-based sustainable lithium-ion battery recycling company, raised €11M in Seed funding. The round was led by NordicNinja, with participation from In-Q-Tel (IQT), JGC Group and existing investors including Atlantic Labs, Verve Ventures and Possible Ventures. The company intends to use the funds to build its first industrial deployment plant, often referred to… Continue reading tozero Raises €11M in Seed Funding
Polymer Launches Real-Time Interoperability For Ethereum Rollups
New York City, New York, November 11th, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary… Continue reading Polymer Launches Real-Time Interoperability For Ethereum Rollups
Serve Robotics to Acquire Vebu
Serve Robotics (Nasdaq: SERV), a San Francisco, CA-based autonomous robotic delivery company, acquired Vebu, a provider of an automation and robotics solutions for restaurant partners. The amount of the deal was not disclosed. Led by CEO and Founder Buck Jordan, Vebu is a full stack automation, robotics, and intelligence company focused on building technology solutions for… Continue reading Serve Robotics to Acquire Vebu
0G.AI Node Sale on Fjord: Decentralised Capital Formation Meets Decentralised AI
Singapore, Singapore, November 7th, 2024, Chainwire 0G Foundation in conjunction with Fjord Foundry are proud to announce its upcoming node sale on Fjord, web3’s leading capital formation platform. The sale will run from November 7th to 13th, offering participants valuation terms and an opportunity to lead in the decentralized AI space. 0G recently closed its last… Continue reading 0G.AI Node Sale on Fjord: Decentralised Capital Formation Meets Decentralised AI
Cloudsquid Raises $1M in Pre-Seed Funding
Cloudsquid, a Berlin, Germany-based provider of an AI-Agent platform specializing in extracting and transforming unstructured data, raised $1M in Pre-Seed funding. The round was led by High-Tech Gründerfonds and Backbone Ventures, with participation from angel investors Reetu Kainulainen (Founder Ultimate AI) and Udi Miron (VP Product Ultimate AI). The company intends to use the funds… Continue reading Cloudsquid Raises $1M in Pre-Seed Funding