Don Skuler, CEO Intuition Robotics, a Ramat Gan, Israel-based developer of an AI powered proactive care companion for older adults, secured a first closing of a new funding amounting to $25M. In conjunction with the announcement, CEO Dor Skuler replied to our questions about himself, the company, the funding, and future plans. Hi Dor, can you tell… Continue reading Intuition Robotics, Interview With CEO Dor Skuler
Author: FINSMES Online News
Intuition Robotics Raises $25M in Equity and Debt Funding
Intuition Robotics, a Ramat Gan, Israel-based developer of an AI powered proactive care companion for older adults, secured a first closing of a new funding round amounting to $25M. The round, which included $20M in venture capital and $5M in venture debt, was led by Woven Capital, the growth fund of Toyota, with participation from Toyota Ventures, OurCrowd, Western Technology… Continue reading Intuition Robotics Raises $25M in Equity and Debt Funding
Dripl Raises €2M in Growth Funding
Dripl, a Brussels, Belgium-based provider of an alternative to sugary soft drinks in the workplace, raised €2M in growth funding. The round was led by Faraday Venture Partners, The Source (Spadel Group), and various business angels including Wim Vernaeve, Jonas Mallisse, Stéphane Ronse, Matthias Geeroms, and Lieve Grawet. The company intends to use the funds to further… Continue reading Dripl Raises €2M in Growth Funding
Pico MES Receives Investment From Momenta
Pico MES, a remote software company enabling digital transformation for small to medium-sized factories, received an investment from Momenta’s AIoT Ecosystem Fund, powered by Advantech, the world leader in digital industrial solutions. Backers also included Robert Bosch Venture Capital, Counterpart Ventures, Lemnos, Congruent Ventures, Union Labs, and Schneider Electric Ventures. The amount of the deal was… Continue reading Pico MES Receives Investment From Momenta
Mitra Chem Holds First Close of $60M Series B Funding
Mitra Chem Mitra Chem, a Mountain View, CA-based innovator in production of lithium-ion battery materials, raised $60M in Series B funding. The round was led by General Motors (NYSE: GM) with participation from Social Capital, Fontinalis Partners, Earthshot Ventures, The Keffi Group, Boutique Venture Partners, and new investors such as GS Futures, Bricks Capital Management, Zeon… Continue reading Mitra Chem Holds First Close of $60M Series B Funding
MacroFab Receives USD20M in Growth Financing
MacroFab, a Houston, TX-based provider of a manufacturing platform for building electronics from prototype to production, raised USD20M in Growth financing. Trinity Capital Inc. (NASDAQ: TRIN) provided the financing. This infusion of capital follows their recent equity raise earlier this year of $42M, led by Foundry and joined by BMW i Ventures, Edison Partners and ATX Venture Partners,… Continue reading MacroFab Receives USD20M in Growth Financing
Zeelo Raises USD14M in Series A Funding
Co-founders Barney Williams (CCO) and Sam Ryan (CEO) move to Boston to drive faster expansion in the United States Zeelo, a Boston, MA-based transit-tech company, raised USD14M in Series A extension funding. Backers included FlatzHoffmann, IREON Ventures, existing firms ETF Partners, InMotion Ventures, and angel investors. The company intends to use the funds to accelerate and… Continue reading Zeelo Raises USD14M in Series A Funding
Quility Receives Investment from F&G
Quility, an Asheville, NC-based insurtech sales enablement platform, received an investment from F&G. The amount of the deal was not disclosed. Led by CEO Brandon Ellison, Quility provides agents with a sales enablement platform and a suite of proprietary, fully digital insurance products, creating an enhanced experience from quote to underwriting to policy placement. The… Continue reading Quility Receives Investment from F&G
Serve Robotics Raises $30M Financing
Serve Robotics food delivery robot Serve Robotics, a San Francisco, CA-based autonomous sidewalk delivery company, raised $30M in funding. The round, which brought the total amount to $56M, was led by existing investors Uber Technologies, NVIDIA (NASDAQ: NVDA), and Wavemaker Partners, with participation from new investors Mark Tompkins and Republic Deal Room. Uber Vice President of Delivery and Head of Americas, Sarfraz Maredia… Continue reading Serve Robotics Raises $30M Financing
Moove Raises $76M in Funding
Moove, a Lagos, Nigeria-based mobility fintech company, secured $76m in new funding. The funding consisted of: $28m in equity from new and existing investors, in a process led by Mubadala Investment Company (Mubadala), with Faris Sohail Al Mazrui, Head of Ventures & Growth at Mubadala, joining the Moove advisory board. $10m venture debt from funds… Continue reading Moove Raises $76M in Funding