GamesPad, a Road Town, British Virgin Islands-based provider of a gaming, NFT, and metaverse ecosystem, acquired Mompozt, a Miami, FL-based video production studios specializing in high-quality animation and cinematic production. The amount of the deal was not disclosed. With the acquisition, GamesPad will further grow its ecosystem and will be able to assist prospective projects… Continue reading GamesPad Acquires Mompozt
Author: FINSMES Online News
RapidDeploy Raises $34M in Growth Funding
RapidDeploy, an Austin, TX-based provider of cloud-native 911 mapping and analytics solutions for public safety, raised $34M in Growth funding. The round was led by Edison Partners, with participation from GreatPoint Ventures, Morpheus Ventures, GM Ventures, Ericsson Ventures, Tao Capital Partners, Clearvision Ventures, Tau Ventures, and NedBank CIB. This investment brings RapidDeploy’s total raised to $87M. The… Continue reading RapidDeploy Raises $34M in Growth Funding
Onto Receives £100M Credit Facility
Onto, a London, UK-based electric car subscription service, raised a new credit funding line of £100m. Global investment group CDPQ and independent asset manager Pollen Street provided the asset-backed facility. The company intends to use the funds to continue expanding its UK fleet with the latest electric car models. Onto’s monthly subscription model is all-inclusive… Continue reading Onto Receives £100M Credit Facility
Premier Music Group Closes Second Financing Round
Premier Music Group, a New York-based music strategy and supervision agency, closed its second financing round. The round was led by MEP Capital. The company intends to use the funds to power its ongoing acquisitions, including its recent acquisition of We Are Listen, a sonic identity and sound design firm. It follows previous acquisitions of music supervision… Continue reading Premier Music Group Closes Second Financing Round
MacroFab Raises $42M in Growth Financing
MacroFab, a Houston, TX-based cloud manufacturing platform for building electronics, raised $42M in new growth funding. The round was led by Foundry and joined by BMW i Ventures, as well as existing investors Edison Partners and ATX Venture Partners. The company, which has raised a total of $82M, intends to use the funds to continue to expand operations and its business reach. Led by… Continue reading MacroFab Raises $42M in Growth Financing
Living Carbon Raises $21M in Series A Funding
Living Carbon, a San Francisco, CA-based climate biotech company developing plants that capture and store more carbon, raised $21M in Series A funding. The round, which brought total funding secured to date to $36M, was led by Temasek, with participation from Lowercarbon Capital, Toyota Ventures, and Felicis Ventures. The company intends to use the funds… Continue reading Living Carbon Raises $21M in Series A Funding
Jackpot.com Raises $7M in Funding
Jackpot.com, a San Antonio, TX-based provider of an online lottery ticket platform, raised $7M in funding. Following a $35m Series A this summer, additional funds were raised from some of the biggest names in sports, entertainment, and gaming, including the Dallas Cowboys, New York Yankees, San Francisco 49ers owners’ Aurum Partners, the Tisch family (co-owners… Continue reading Jackpot.com Raises $7M in Funding
Is the Usage-Based Insurance Market Growing, And Why?
The automobile insurance industry in the US alone made $327 billion in 2022. Worldwide, the market is worth around $780 billion according to Mobility Foresights. This industry involves various kinds of vehicle cover, and one sector is known as usage-based insurance. While it seems that usage-based insurance is new, it has been in existence for… Continue reading Is the Usage-Based Insurance Market Growing, And Why?
Valtech Acquires Tome Software
Valtech, a London, UK-based business transformation agency, acquired Tome Software, a Detroit, MI-based developer of mobility IoT software solutions. The amount of the deal was not disclosed. With the acquisition Valtech will expand its offering. Led by CEO Jake Sigal and Massimo Baldini, Tome Software operates in the Internet of Things tech space, specializing in the development… Continue reading Valtech Acquires Tome Software
Blacklane Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility
Blacklane, a Berlin, Germany-based provider of chauffeur services, received a Double-Digit Million Dollar Series F investment from Gargash Group and Mercedes-Benz Mobility. The amount of the deal was not disclosed. The company intends to use the funds to focus on its fleet’s transition to electric vehicles (EVs) including a retained charging network to accelerate its… Continue reading Blacklane Receives Series F Investment from Gargash Group and Mercedes-Benz Mobility