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
Author: FINSMES Online News
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
Weights & Biases Raises $50M in Funding
Weights & Biases, a San Francisco, CA-based end-to-end MLOps platform, closed a $50m funding at a $1.25 billion valuation. The round was led by Daniel Gross and Nat Friedman, with additional participation from Sapphire Ventures and existing investors Coatue, Insight Partners, Felicis, BOND and BloombergBeta. The company intends to use the funds to continue to build out these tools, including the launch… Continue reading Weights & Biases Raises $50M in Funding
Catch+Release Raises $8.8M in Series A Funding
Catch+Release, a San Francisco, CA-based content licensing marketplace for brands and creators, raised an additional $8.8m in Series A funding. The round was led by return investor Accel with participation from Cervin, Astia Fund and Stagwell, as well as new investors HarbourVest Partners, Nick Mehta, Rich Kleiman and Kevin Durant’s 35V. The company, which has… Continue reading Catch+Release Raises $8.8M in Series A Funding
Endor Labs Raises $70M in Series A Funding
Endor Labs, a Palo Alto, CA-based creator of the code and pipeline governance platform, raised $70M in Series A financing. Backers in the round, which included $22M converted to equity from the previous round, included Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and over 30 CEOs, CISOs, and CTOs. Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue… Continue reading Endor Labs Raises $70M in Series A Funding
ev.energy Raises $33M in Series B Funding
ev.energy, a London, UK and Palo Alto, CA-based provider of an electric vehicle (EV) managed charging software platform, raised $33M in Series B funding. The round was led by National Grid Partners (NGP) with support from Aviva Ventures, WEX Venture Capital and InMotion Ventures, the investment arm of JLR. The round also saw continued support… Continue reading ev.energy Raises $33M in Series B Funding
Very Good Ventures Expands Series A with $3.4M from Celesta Capital
Very Good Ventures, a NYC-based full-service Flutter consulting firm, expanded its Series A round with $3.4m for a total raise of $6.6m. Celesta Capital made the investment. The company intends to use the funds to scale up its service to a wider variety of clients and to deliver high-quality contributions throughout the Flutter ecosystem. Led by David… Continue reading Very Good Ventures Expands Series A with $3.4M from Celesta Capital
Mayfield Raises $250M AI Start Seed Fund
Mayfield, a Menlo Park, CA-based early-stage venture capital firm, raised the $250M AI Start Seed Fund. The AI Start team will run a quick process to evaluate new investments, with typical check sizes ranging from $1-4m. All AI Start companies will benefit from access to Mayfield’s team of company builders, founder amplification leaders, and the… Continue reading Mayfield Raises $250M AI Start Seed Fund
Risc Zero Raises $40M in Series A Funding
Risc Zero, a Seattle, WA-based developer of general purpose zero-knowledge (ZK) virtual machine technology, raised $40M in Series A funding. The round was led by Blockchain Capital and joined by seed round lead Bain Capital Crypto, with participation from Galaxy Digital, IOSG, RockawayX, Maven 11, Fenbushi Capital, Delphi Digital, Aglaé Ventures, IOBC, Tribute Labs’ Zero Dao, Figment Capital, and… Continue reading Risc Zero Raises $40M in Series A Funding