Prewave, a Vienna, Austria-based provider of an AI-enabled sustainability, risk and compliance platform, raised $67M in Series B funding. The round was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas,Speedinvest and Working Capital Fund. The company intends to use the funds to drive its next phase of global growth and to support further product R&D on… Continue reading Prewave Raises $67M in Series B Funding
Author: FINSMES Online News
PQShield Raises $37M in Series B Funding
PQShield, a London, UK-based cybersecurity company specializing in post-quantum cryptography (PQC), raised $37M in Series B funding. The round was led by Addition, with participation from new investors Chevron Technology Ventures, Legal & General and Braavos Capital, together with existing backers, Oxford Science Enterprises. The company intends to use the funds to meet market demand… Continue reading PQShield Raises $37M in Series B Funding
LD Carbon Closes $28M Series C Funding
LD Carbon, a Seoul, South Korea-based producer of recovered carbon black, raised $28M in Series C funding. The round was led by Toyota’s growth fund, Woven Capital, with participation from Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor Group ZER01NE, Elohim Partners and New Main Capital. The company intends to use the funds to scale… Continue reading LD Carbon Closes $28M Series C Funding
CesiumAstro Raises $65M in Series B Funding
CesiumAstro’s Founder and CEO, Shey Sabripour, pictured in the company’s Austin, Texas, New Product Introduction facility. Photo credit: Melissa Glynn CesiumAstro Inc., an Austin, TX-based provider of space communications technology, closed a $65m Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc., and Quanta… Continue reading CesiumAstro Raises $65M in Series B Funding
Waabi Raises $200M USD in Series B Funding
Waabi, a Toronto, Canada-based company advancing generative AI for the physical world, raised $200m (USD) in Series B funding. The round was led by Uber and Khosla Ventures with participation from strategic investors NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments, and additional financial investors HarbourVest Partners, G2 Venture… Continue reading Waabi Raises $200M USD in Series B Funding
epresspack Raises €7M in Funding
epresspack, a Paris, France-based provider of a SaaS solution for communication professionals, raised €7M in funding. Entrepreneur Invest made the investment. The company intends to use the funds to continue its development in France and Europe, consolidate its commercial and marketing resources, particularly in the UK, and actively seek external growth opportunities in Europe. Founded by Antoun Sfeir, epresspack is… Continue reading epresspack Raises €7M in Funding
Swift Solar Raises $27M in Series A Funding
Swift Solar, a San Carlos, CA-based solar technology company, raised $27M in Series A funding. The round was led by Eni Next and Fontinalis Partners. Other investors included Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin, and Climate Capital also participated. The company intends to use the… Continue reading Swift Solar Raises $27M in Series A Funding
Cognigy Raises $100M in Series C Funding
Cognigy, a Düsseldorf, Germany-based company which specializes in AI-first customer service automation, raised $100M in Series C funding. The round was led by Eurazeo Growth, with participation from existing investors Insight Partners, DTCP, DN Capital and others. The company intends to use the funds to expand its development efforts. Founded in 2016 by Benjamin Mayr,… Continue reading Cognigy Raises $100M in Series C Funding
Ciphr Acquires Shape Payroll
Ciphr, a Reading, UK-based HR and payroll software provider, acquired Shape Payroll, a Southampton, UK-based cloud payroll platform used by 1,500 businesses. The amount of the deal was not disclosed. The acquisition will enable Ciphr to further strengthen its payroll business. Shape’s founders, husband and wife team Alex and Cheri Bartlett, and the rest of their… Continue reading Ciphr Acquires Shape Payroll
Citroën DS – More Than The French Legend
The most famous French car of the mid-20th century was the Citroën DS. It became a revolutionary vehicle that was ahead of its time and forever entered the history of the global automobile industry. Thanks to non-standard design solutions and wide availability, this model has captivated motorists in many countries. Even today it remains in… Continue reading Citroën DS – More Than The French Legend