Fernride, a Munich, and Wolfsburg, Germany-based autonomous trucking innovator, closed a further $19M in Series A funding, bringing the total round amount to $50M. New investors included Deep Tech and Climate Fonds (DTCF), Munich Re Ventures, Bayern Kapital, and Klaus Kleinfeld. The company intends to use the funds to expand its business reach and development… Continue reading Fernride Raises $50M in Series A Funding
Author: FINSMES Online News
Spectarium Raises €5M in Seed Funding
Spectarium, an Oulu, Finland-based company building cross-platform action RPGs, raised €5M in Seed funding. The round was led by BITKRAFT Ventures with participation from Delphi Digital and Framework Ventures. The company intends to use the funds to scale the team and further develop the gameplay of its first RPG title, Myths, which is scheduled to… Continue reading Spectarium Raises €5M in Seed Funding
Harbinger Motors Secures $60M in Series A Funding
Harbinger CEO John Harris, pictured. Harbinger announced today it has secured $60 million in Series A funding from a diverse consortium of investors led by Ridgeline and THOR Industries. Harbinger Motors, a Garden Grove, CA-based automotive manufacturer, raised $60M in Series A funding. The round was led by Ridgeline and THOR Industries, with participation from Greycroft, and… Continue reading Harbinger Motors Secures $60M in Series A Funding
Bevz Raises $3.1M in Funding
Bevz, a Los Angels, CA-based provider of a Software as a Service (SaaS) platform for independently operated and small chain liquor/convenience stores, raised $3.1M in funding. The round was led by Dynamism Capital and Golden Section Ventures, with participation from Stage 2 Capital, Hustle Fund, Bridge Investments, Tiller Partners, Irish Angels, Operate Studio, Silicon Beach… Continue reading Bevz Raises $3.1M in Funding
Boxbot Raises $12M in Series A Funding
Boxbot, an Alameda, CA-based provider of a vertical automation solution that sorts and stores packages for last-mile carriers, raised $12M in Series A funding. The round, which brought the total amount to $29.5M, was led by Playground Global. Maersk Growth (the venture arm of A.P. Moller), Toyota Ventures, Pear Ventures, and Artiman Ventures also participated.… Continue reading Boxbot Raises $12M in Series A Funding
Writer Raises $100M in Series B Funding
Writer, a San Francisco, CA-based provider of a generative AI platform for enterprises, raised $100M in Series B funding. The round was led by Iconiq Growth with participation from WndrCo, Balderton Capital and Insight Partners, who led the Series A, and Aspect Ventures, who led the Seed, and included participation from customers such as Accenture… Continue reading Writer Raises $100M in Series B Funding
UBQ Materials Raises $70M in Funding
UBQ Materials, a Tel Aviv, Israel-based climate tech developer, raised $70M in funding. The round was led by Eden Global Partners. Additional participants included TPG Rise Climate, TPG’s Rise Fund, Battery Ventures, and M&G’s Catalyst strategy. The company intends to use the funds to expand its commercial, sales, and marketing scale up efforts. Led by… Continue reading UBQ Materials Raises $70M in Funding
EIT InnoEnergy Secures Over €140M In Private Placement Round
EIT InnoEnergy, an Eindhoven, The Netherlands-based sustainable energy investor, raised over €140M in private funding. The round saw participation from new investors Societe Generale, Santander CIB, PULSE – CMA CGM Energy Fund, Renault Group, Stena Recycling and NIIT, and existing investors such as Siemens Financial Services, Schneider Electric, Capgemini, Volkswagen Group, ING, Koolen Industries, GROUPE… Continue reading EIT InnoEnergy Secures Over €140M In Private Placement Round
Arduino Closes Additional $22M Funding; Series B To $54M
Arduino, an Italian founded open-source hardware company, raised additional $22M in Series B funding. The round, which brought the total amount to $54M, was co-led by CDP Venture Capital and Anzu Partners. Joining them was semiconductor leader Arm. The latest capital supplements the $32m Series B financing – which was led by Robert Bosch Venture Capital (Bosch… Continue reading Arduino Closes Additional $22M Funding; Series B To $54M
Delphi Raises $2.7M in Funding
Delphi, a Miami, Florida-based provider of a digital cloning platform, raised $2.7M in funding. The round was led by Founders Fund, with participation from Lux Capital, Xfund, MVP Ventures, and SaxeCap. Angel investors in Delphi include the founders of AngelList, EightSleep, Capital, and Soylent. The company intends to use the funds to build a lean… Continue reading Delphi Raises $2.7M in Funding