Carmoola, a London, UK-based fintech company which specializes in direct-to-consumer car finance, raised 15.5M in Equity funding. The round, which brought the total amount to £146M, was led by QED Investors, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures. The company intends to use the funds to reach more car buyers, to make further inroads into the… Continue reading Carmoola Raises £15.5M in Equity Funding
Author: FINSMES Online News
Burro Closes $24M Series B Funding
Burro team photo with new product: Burro Grande Burro, a Philadelphia, PA-based autonomous mobility company, raised $24M in Series B funding. The round was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and Cibus Capital. As part of the round, Brian Rich, managing partner with Catalyst Investors, and Kaz Kikuchi from Translink Capital,… Continue reading Burro Closes $24M Series B Funding
Hatz AI Raises $2.5M in Funding
Hatz AI, a NYC-based provider of a platform that allows MSPs to deliver AI to their customers, raised $2.5m in funding. The round was led by Vestigo Ventures, with participation from Alex Weiss from ClearSky, Matt Higgins from Shark Tank and RSE Ventures, Jim Brown from Long Ridge, Jon McNeill, founder of DVx Ventures and former president of Tesla and former COO… Continue reading Hatz AI Raises $2.5M in Funding
Bumper Closes $48M Funding Round
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
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