Firefly, a Tel Aviv, Israel-based provider of a multi-cloud control plane solution, raised $23M in Series A funding. The round was led by Vertex and included participation from Hanaco, SoftBank, InMotion Ventures (the investment arm of JLR) and Redseed. The company intends to use the funds to expand its team and enhance its support for… Continue reading Firefly Raises $23M in Series A Funding
Author: FINSMES Online News
Realtime Robotics Receives Investment From Mitsubishi Electric Corporation
Realtime Robotics, a Boston, MA-based company which specializes in collision-free autonomous motion planning for industrial robots, received an investment from Mitsubishi Electric Corporation. The amount of the deal was not disclosed. This is the lead investment in Realtime Robotics’ recently opened Series B round. Mitsubishi Electric was also a participant in the Series A round. The company… Continue reading Realtime Robotics Receives Investment From Mitsubishi Electric Corporation
Finout Raises $26M in Series B Funding
Finout Team. Photo Credit: Omer Hacohen Finout, a Tel Aviv, Israel-based FinOps-for-enterprise company, raised $26M in Series B funding. The round was led by Red Dot Capital with participation from Maor Investments and existing investors Team8, Pitango, and Jibe Ventures. The company intends to use the funds to expand operations and its development efforts. Founded… Continue reading Finout Raises $26M in Series B Funding
Simr Raises $20M in Series A Funding
Simr co-founders (from left) Burak Yenier, CEO and Wolfgang Gentzsch, President. (Photo: Business Wire) Simr, fka UberCloud, a Los Altos, CA-based company advancing SimOps for manufacturers, raised $20M in Series A funding. The round was led by Uncorrelated Ventures, with participation from BMW i Ventures and Earlybird Venture Capital. Salil Deshpande, General Partner at Uncorrelated Ventures,… Continue reading Simr Raises $20M in Series A Funding
Scale AI Raises $1 Billion Series F Funding
Scale AI, a San Francisco, CA-based data foundry for AI, raised $1 Billion in Series F funding. The mix of primary and secondary financing brought Scale’s valuation to $13.8 billion. The round was led by existing investor Accel with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital,… Continue reading Scale AI Raises $1 Billion Series F Funding
Cover Genius Raises $80M in Series E Funding
Cover Genius, a NYC-based insurtech company for embedded protection, raised $80M in Series E funding. The round was led by Spark Capital with support from existing investors, including Dawn Capital, King River Capital and G Squared. The company intends to use the funds to expedite its growth plans and continue to invest in technology, including improved… Continue reading Cover Genius Raises $80M in Series E Funding
Mitra Chem Receives Investment from Alpha Wave Ventures
Mitra Future Technologies, Inc., a Mountain View, CA-based innovator in North American lithium-ion battery materials, received an investment from Alpha Wave Ventures as part of a Series B funding round. Alpha Wave joined other investors in this round, such as General Motors, Zeon, InQTel, Techmet-Mercuria, and GS Futures. As part of the investment, Elan Frantz joined… Continue reading Mitra Chem Receives Investment from Alpha Wave Ventures
Rapid Liquid Print Raises USD 7M in Series A Funding
Rapid Liquid Print, a Boston, MA-based additive manufacturing startup, raised USD7M in Series A funding. The round was led by HZG Group with participation from existing investors BMW i Ventures and MassMutual. The company intends to use the funds to scale production, expand the team of experts behind the technology, and build additional business areas. … Continue reading Rapid Liquid Print Raises USD 7M in Series A Funding
Inkbit Closes $19M Financing
Inkbit, a Medford, MA-based company which specializes in advanced additive manufacturing solutions, raised $19M in funding. The round was led by Ingersoll Rand (NYSE: IR), with participation from Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. As part of the transaction, Jason Weber, Vice President of Engineering,… Continue reading Inkbit Closes $19M Financing
Wiz Raises $1 Billion in Funding at $12 Billion Valuation
(from left to right – Yinon Costica, VP Product; Assaf Rappaport, CEO; Ami Luttwak, CTO; Roy Reznik, VP R&D). Photo credit: Avishag Shaar-Yashuv Wiz, a NYC-based cloud security company, raised $1 billion at a $12 billion valuation. The round, which brought total funding to $1.9 billion, was led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive… Continue reading Wiz Raises $1 Billion in Funding at $12 Billion Valuation