There has arguably never been a better time to start a business—but only if you’re prepared to adapt and keep up with the ever-evolving demands of your customers. Consumer habits combined with technological advancements and shifts in the economy are forcing industries to reshape at an unprecedented pace. If a company wants to stay afloat,… Continue reading How These Companies Are Catering For Growing Demand In Their Industry
Author: FINSMES Online News
Bee Raises $7M in Seed Funding
Bee, a San Francisco, CA-based AI developer of a life admin wearable assistant, raised $7M in seed funding. The round was led by Exor with participation from Greycroft, New Wave VC, Banana Capital, and Brian Bedol. The company intends to use the funds to expand operations and its development efforts with launch set for Fall… Continue reading Bee Raises $7M in Seed Funding
ServiceNow Acquires Raytion
ServiceNow (NYSE: NOW), a Santa Clara, CA-based provider of an AI platform for business transformation, acquired Raytion, a Germany-based information retrieval technology company. The amount of the deal was not disclosed. ServiceNow completed the acquisition of Raytion in July 2024. With the acquisition, ServiceNow will enhance its GenAI-powered search and knowledge management capabilities. With Raytion… Continue reading ServiceNow Acquires Raytion
Gcore Raises $60M in Series A Funding
Gcore, a Luxembourg-based edge AI, cloud, network, and security solutions provider, raised $60M in Series A funding. The round was led by Wargaming, and with participation from Constructor Capital and Han River Partners. The company intends to use the funds to invest in its technology and platform, including AI servers empowered by NVIDIA GPUs, to… Continue reading Gcore Raises $60M in Series A Funding
itselectric Raises $6.5M in Seed Funding
itselectric, a Brooklyn-based electric vehicle curbside charging company, raised $6.5M in seed funding, bringing its total funding to date to $11.8M. The round was led by Failup Ventures and Uber Technologies, with participation from Halogen Ventures, The Partnership Fund for NYC, Pulse Fund, Newlab, Gratitude Railroad, Tale VP, Equity Alliance Fund, LACI Impact Fund, and The Helm. The company intends to use the funds for deployments across seven cities in the United States in 2024,… Continue reading itselectric Raises $6.5M in Seed Funding
Ionna Receives Investment from Toyota
Ionna, a Torrance, CA-based provider of an EV charging network, received an investment from Toyota Motor North America (Toyota). The amount of the deal was not disclosed. The company intends to use the funds for the build out of its charging network for battery electric vehicles (BEVs) across North America. Led by CEO Seth Cutler,… Continue reading Ionna Receives Investment from Toyota
Uberdoc Receives Investment From CharmHealth and Bioverge
Uberdoc, a Boston, MA-based provider of a healthcare platform, received an investment from CharmHealth and Bioverge. The amount of the deal was not disclosed. The company intends to use the funds to accelerate growth, adding more doctors and geographies to make it faster and easier for patients to connect with the best providers for their… Continue reading Uberdoc Receives Investment From CharmHealth and Bioverge
River Raises Series B Funding from Mitsui & Co., Ltd. and Marubeni Ventures
River, a Bengaluru, India-based electric vehicle manufacturer, received a Series B funding from Mitsui & co., Ltd. and Marubeni Ventures. The amount o the deal was not disclosed. The company intends to use the funds to consolidate its position and expand its footprint in the electric vehicle industry. Founded in March 2021 by Aravind Mani and Vipin George, River… Continue reading River Raises Series B Funding from Mitsui & Co., Ltd. and Marubeni Ventures
Uncaged Innovations Closes $5.6M Seed Funding
Stephanie Downs Uncaged Innovations, a NYC-based biomaterial company creating sustainable leather from grains at scale, raised $5.6M in Seed funding. The round was co-led by Green Circle Foodtech Ventures and Fall Line Capital, with participation from Ponderosa Ventures, Golden Seeds and existing investor InMotion Ventures, the investment arm of JLR (Jaguar Land Rover). The company… Continue reading Uncaged Innovations Closes $5.6M Seed Funding
5 Reasons Why Car Rental Is A Good Business Idea
After 2020, when the coronavirus limited the space of almost every one of us to the limits of our apartment, tourism became especially popular. The queue has grown in front of the Gioconda at the Louvre, and a ticket for a vacation to Dubai in the summer should have been booked on Christmas Eve. More… Continue reading 5 Reasons Why Car Rental Is A Good Business Idea