Fernride, a Munich, Germany-based autonomous, electric trucking company, raised $31M in Series A funding. Backers included 10x Founders, Promus Ventures, Fly Ventures, Speedinvest, and Push Ventures along with corporate investors, such as HHLA Next, DB Schenker via Schenker Ventures and Krone. The company intends to use the funds to accelerate the transition towards automated and… Continue reading Fernride Raises $31M in Series A Funding
Author: FINSMES Online News
Accenture Invests in Praxis Labs
Praxis Labs, a San Francisco, CA-based software-as-a-service virtual reality (VR) company with an end-to-end immersive learning platform, received an investment from Accenture Ventures. The amount of the deal was not disclosed. As part of Project Spotlight, Praxis Labs will have access to Accenture’s domain expertise and its enterprise clients, and the opportunity to co-innovate with… Continue reading Accenture Invests in Praxis Labs
Uncaged Innovations Raises $2M in Pre-Seed Funding
Uncaged Innovations, a New York-based biomaterials startup focused on sustainable leather alternatives, raised $2M in Pre-Seed funding. The round saw participation from InMotion Ventures, JLR’s investment arm. Other participants included VegInvest, Stray Dog Capital, Alwyn Capital, Hack Capital, and GlassWalls Syndicate. The company intends to use the funds to launch its vegan leather, a sustainable… Continue reading Uncaged Innovations Raises $2M in Pre-Seed Funding
HyperPlay Raises $12M in Series A Funding
HyperPlay, a Newark, DL-based Web3-native game launcher and aggregator of multiple game stores, raised $12M in Series A funding. The round was co-led by Griffin Gaming Partners and BITKRAFT Ventures, along with MetaMask’s parent company, ConsenSys. Other investors in the round included Ethereal Ventures, Delphi, Game7, Mirana Ventures, Monoceros Ventures, and others. The company intends… Continue reading HyperPlay Raises $12M in Series A Funding
Spectrm Raises $6.5M in Funding
Spectrm, a New York-based provider of a conversational marketing platform, raised $6.5M in funding. The round was led by 3TS Capital Partners with participation from existing investors LHV Global, BDMI, North Base Media, and Jens Schumann. The company intends to use the funds to support the expansion of its position in brand-ready AI tools and… Continue reading Spectrm Raises $6.5M in Funding
Nori Raises $6.25M in Funding
Nori, a Seattle, WA-based carbon removal marketplace, raised $6.25M in funding. The round, which brought total funding to $17.25M. was led by M13, Toyota Ventures, Placeholder, and Cargill. The company intends to use the funds to expand operations and business reach. Led by newly appointed CEO Matt Trudeau, Nori is an end-to-end carbon removal marketplace. Founded… Continue reading Nori Raises $6.25M in Funding
Space Auto Secures Series A Funding
Space Auto, a Dallas, TX-based provider of integrated software and marketing solution for car dealerships, raised an undisclosed amount in Series A funding. The round saw participation from John Paul DeJoria, John Paul DeJoria is co-founder of Paul Mitchell, founder of Patrón Tequila, and founder of John Paul Pet. In addition to investing in Space Auto,… Continue reading Space Auto Secures Series A Funding
Haiqu Raises $4M in Pre-Seed Funding
Haiqu, a San Francisco, CA-based startup building software for quantum processors, raised $4M in Pre-Seed funding. The round was led by MaC Venture Capital, with participation from Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, and Roosh Ventures. Other investors included Paul Holland, Alexi Kirilenko, and Gordy Holterman. The company intends to use the funds to drive its… Continue reading Haiqu Raises $4M in Pre-Seed Funding
KarmaLife Raises ₹44 Crores in Pre-Series A-Extension
KarmaLife, a Bengaluru, India-based provider of an earnings-linked financial solutions provider for the gig and blue-collared workforce, raised ₹44 crores in pre-Series A extension. The round was led by Krishna Bhupal’s family office and existing investor Artha Venture Fund, with participation from Net Graph Investments, Singularity Ventures, LogX Venture Partners, Balesh Sharma, Amit Jain, Vikram Kailas, and Shaji Kumar Devakar.… Continue reading KarmaLife Raises ₹44 Crores in Pre-Series A-Extension
Spinframe Receives Investment from ZIM
Spinframe, a Yokne’am Illit, Israel-based provider of a vehicle-inspection systems, received an investment from ZIM. The amount of the deal was not disclosed. The company intends to use the funds to develop capabilities of its platform, as well as to deliver a pipeline to implement solutions with new customers globally. Led by CEO Ori Dangur,… Continue reading Spinframe Receives Investment from ZIM