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

Deliverect Acquires ChatFood

Deliverect, a Ghent, Belgium-based global scale-up that integrates and accelerates online orders for restaurants, acquired ChatFood, a Dubai, UAE-based leader in social media ordering, order and pay at table, and loyalty solutions. The amount of the deal was not disclosed. The acquisition enables Deliverect to extend and support social media, dine-in QR and direct channel… Continue reading Deliverect Acquires ChatFood

UVeye Raises $100M in Series D Funding

High-speed UVeye vehicle inspections UVeye, a Teaneck, New Jersey and in Tel Aviv, Israel-based pioneer in the development of automated vehicle-inspection systems for the auto industry, secured $100m in Series D funding. The round was led by Hanaco VC with participation from GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and Israeli institutional investors. The company intends to… Continue reading UVeye Raises $100M in Series D Funding

Mayfield Raises $955M Across Two New Funds

Mayfield, a Menlo Park, CA-based early stage investor, raised a total of $955m across two venture capital funds. The $580m Mayfield XVII and the $375m Mayfield Select III follow the $750m raised by prior funds in March 2020, bringing the firm’s total assets under management to $3 billion. Mayfield XVII will continue the firm’s early… Continue reading Mayfield Raises $955M Across Two New Funds

Spread Raises $16M in Series A Funding

Spread, a Berlin, Germany-based engineering Intelligence startup for complex mechatronic products, raised $16M in Series A funding. The round was led by HV Capital with participation from existing investors Cavalry Ventures and angel investors Dylan Field, Figma Co-Founder & CEO, the founders of logistics unicorn Sennder, and Summit Partners founder Walter Kortschak. The company intends… Continue reading Spread Raises $16M in Series A Funding

Sound Ventures Closes AI Fund, At $240M

Sound Ventures, a Los Angeles, CA-based venture capital firm, closed Sound Ventures AI Fund, at nearly $240M. The fund seeks to invest in category-defining artificial intelligence businesses at the foundation model layer. The fund’s current portfolio includes OpenAI, Anthropic and StabilityAI. Sound Ventures AI Fund will invest alongside Sound’s early-stage funds. Sound manages over $1… Continue reading Sound Ventures Closes AI Fund, At $240M

Luca Software Raises $2.5M in Seed Funding

Luca Software, a San Francisco, CA-based startup that helps retailers make pricing decisions, raised 2.5m in Seed funding. The round was led by Menlo Ventures, with participation from Y Combinator, Soma Capital, Uber’s angel syndicate and strategic angels. The company intends to use the funds to scale out our data science and engineering teams, and… Continue reading Luca Software Raises $2.5M in Seed Funding