Whizz, a New York-based provider of an e-bike subscription platform, raised $3.4M in Seed funding. The round, which brought the total amount to $4.5M, saw participation from Joint Journey, TMT Investments and a group of angel investors. The company intends to use the funds to accelerate its growth, upgrade the platform and set up new… Continue reading Whizz Raises $3.4M in Seed Funding
Author: FINSMES Online News
Energy Exploration Technologies Raises $50M in Series B Financing
Energy Exploration Technologies, a Ft. Lauderdale, FL- and Austin, TX-based clean-tech energy company, raised $50M in Series B funding. The round was led by GM Ventures with participation from other investors. The company intends to use the funds to broaden its research and development efforts for pure lithium metal anodes and its solid-state lithium metal… Continue reading Energy Exploration Technologies Raises $50M in Series B Financing
Kite Closes $200M Equity Funding
Kite, a NYC-based next-generation commerce company specializing in scaling high-potential brands, closed on a commitment of $200m in equity. Backers included funds managed by Blackstone and founding partner Juxtapose. Founded by Rob Solomon, Juxtapose, and Blackstone in 2022, Kite is a commerce company specializing in scaling high-potential brands developing the infrastructure and technologies they need to scale their… Continue reading Kite Closes $200M Equity Funding
beaconsmind Acquires Socialwave
beaconsmind (ISIN: CH0451123589 – Ticker: 81D), a Zurich, Switzerland-based provider of location-based marketing (LBM) software for retail chains, acquired Socialwave, a Munich, Germany-based automated location-based marketing service provider. The amount of the deal was EUR 10M, through a combination of low-coupon debt, cash and 350,000 new beaconsmind shares to the sellers. With the acquisition, beaconsmind… Continue reading beaconsmind Acquires Socialwave
Manufacture 2030 Raises £5M in Series A Funding
Manufacture 2030, an Oxford, UK-based provider of a SaaS platform and support services to measure, manage and reduce their environmental impacts, cut costs, and reduce risks, raised £5M in Series A funding. The round was led by Maven VCTs and Amati AIM VCT investing £3M and £2M respectively. The company intends to use the funds: to grow… Continue reading Manufacture 2030 Raises £5M in Series A Funding
1X Raises $23.5M in Series A2 Funding
1X (previously named Halodi Robotics), an Oslo, Norway-based manufacturer of androids, raised $23.5M in Series A2 funding. The round was led by OpenAI Startup Fund, with participation from Tiger Global and a consortium of Norway-based investors, including Sandwater, Alliance Ventures, and Skagerak Capital. The company intends to use the funds to increase the efforts of… Continue reading 1X Raises $23.5M in Series A2 Funding
Splashtop Acquires Foxpass
Splashtop, a Cupertino, CA-based company which specialized in in remote IT solutions, acquired Foxpass, a San Francisco, CA-based provider of cloud-based, identity-centric network and server access solutions for IT and DevOps systems. The amount of the deal was not disclosed. With the acquisition, Splashtop will expand its security offering, bringing an enterprise-class solution to SMB… Continue reading Splashtop Acquires Foxpass
Mogl Closes Additional $2.6M in Seed Funding
Mogl, a New York-based athlete marketplace and NIL operations software provider, raised additional $2.6M in Seed funding. The round was led by Magarac Venture Partners (MVP). The company intends to use the funds to expand the compliance and marketplace offerings for universities and collectives and its business reach. Co-founded by Brandon Wimbush and Ayden Syal… Continue reading Mogl Closes Additional $2.6M in Seed Funding
Monarx Closes $6.1M Funding Round
Monarx, a Salt Lake City, UT-based provider of a security solution for web hosting, raised $6.1M in funding. The round was led by Ben Dahl of Signal Peak Ventures, with participation from Kickstart Fund, Pelion Venture Partners, and Crosscut Ventures. the company intends to use the funds further accelerate partner growth. Led by CEO Jeremy Warren, Monarx is a provider… Continue reading Monarx Closes $6.1M Funding Round
AG5 Raises €6M in Funding
AG5, an Amsterdam, The Netherlands-based provider of a SaaS platform used to map and track employees’ skills and qualifications, raised €6M in funding. The round was led by Headline, Acadian Ventures, and Peak. The company intends to use the funds to further internationalize the platform, starting in Germany. Founded in 2019 by brothers Rick and Mathieu van Echtelt, and Wouter Gazendam,… Continue reading AG5 Raises €6M in Funding