Bumper, a London, UK-based fintech company enabling flexible payments for car repairs, raised $48M in funding. The round, which brought the total amount to $64M, was led by Autotech Ventures, with investment from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures and Revo Capital. The company intends to use the funds to accelerate its growth. Led… Continue reading Bumper Closes $48M Funding Round
Author: FINSMES Online News
Proto Hologram Receives Investment from Cartan Capital
Proto Hologram, a Los Angeles, CA-based provider of a patented hologram device, received an investment from Cartan Capital. The amount of the deal was not disclosed. Proto has previously received backing from Tim Draper (Tesla, CoinDesk, Skype, Twitch), Mike Walsh (Uber), True Capital Management and Christie’s Ventures. Athlete investors in Proto include Brittany Griner, Marshawn… Continue reading Proto Hologram Receives Investment from Cartan Capital
Agtonomy Raises $22.5M in Series A Funding
Agtonomy, a San Francisco, CA-based software and services company specializing in advanced autonomous and AI solutions for agriculture, raised $22.5M in Series A funding. The round was led by Momenta, with strategic partners including Doosan Bobcat North America and Toyota Ventures. The company intends to use the funds to expand their customer pilot program and… Continue reading Agtonomy Raises $22.5M in Series A Funding
CareerFairy Receives Seven Digit Million Euro Funding
CareerFairy, a Zurich, Switzerland-based video recruiting platform for Generation Z, received a seven digit million euro funding round. The main investor was European media group Mediahuis with support from Swiss Post Ventures, Backbone Ventures as well as business angels from SICITIC, Start Angels and Business Angels Switzerland. The new financing will be used to expand… Continue reading CareerFairy Receives Seven Digit Million Euro Funding
nCore Raises EUR2M in Funding
nCore, a Milan, Italy-based provider of a cloud-based automation software platform that reduces the workload of professionals involved in recruitment functions, raised EUR2M in funding. Vertis made the investment. The company intends to use the funds to expand operations and its business reach, both in Italy and internationally. Founded in 2017 by Enrico Ariotti and… Continue reading nCore Raises EUR2M in Funding
Perion Acquires Hivestack
Perion Network (NASDAQ and TASE: PERI), a NYC-based multi-channel advertising technology company, acquired Hivestack Inc., a programmatic digital out of home (DOOH) company. The terms of the transaction include US $100M in cash paid upon closing and a 3-year employee retention and performance-based payment plan of up to US $25M. The acquisition allows Perion to… Continue reading Perion Acquires Hivestack
AirConsole Receives Strategic Investment from KPIT Technologies
AirConsole, a Zurich, Switzerland-based company which specializes in-car gaming platform, received a strategic investment from KPIT Technologies. The amount of the deal was not disclosed. The company intends to use the funds to provide more games in the near future, increase its footprint in the automotive industry. Founded in 2015, AirConsole is a casual gaming… Continue reading AirConsole Receives Strategic Investment from KPIT Technologies
Bureo Completes Series B Funding
Bureo, an Oxnard, CA-based B Corp focused on providing fishermen with an end-of-life solution for discarded fishing nets, closed its Series B funding. The round was led by Toyota Tsusho Corporation and supported by Mirova, Ocean 14 Capital, Conservation International Ventures and Susquehanna Foundation. Tin Shed Ventures – Patagonia’s venture capital fund – was the initial seed investor in Bureo. The company… Continue reading Bureo Completes Series B Funding
Cubic Telecom Receives €473M Investment From SoftBank
SoftBank Corp. (TOKYO: 9434), a telecommunications and IT operator headquartered in Tokyo, Japan, made an investment of approximately €473m in Cubic Telecom Ltd., a Dublin, Ireland-based provider of software-defined connected vehicle solutions. SoftBank received a 51.0% equity stake in the company, at a valuation of over €900m. The investment is subject to regulatory approvals in various jurisdictions,… Continue reading Cubic Telecom Receives €473M Investment From SoftBank
Extropic Raises $14.1M in Seed Funding
Extropic, a US physics-based computing company, raised 14.1m in seed funding. The round was led by Steve Jang and Kindred Ventures (Uber, Coinbase, Humane), with participation from Buckley Ventures (Rippling, Figma, Vercel, Mercury), HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and several others. Angel investors included Aidan Gomez (Cohere),… Continue reading Extropic Raises $14.1M in Seed Funding