Odyssey (formerly known as Agora), a New York-based provider of a platform that helps states connect families to public funding and education services, raised $4.75m in Seed funding. The round was led by a16z through its American Dynamism practice, which invests in founders and companies that solve important national problems, with participation from Village Global, Bling… Continue reading Odyssey Raises $4.75M in Seed Funding
Author: FINSMES Online News
AM Batteries Raises $25M in Series A Financing
AM Batteries, a Boston, MA-based lithium-ion dry-electrode technology company, raised $25M in Series A funding. The round was led by Anzu Partners, with participation from TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures. The company intends to use the funds to expand its team and accelerate its… Continue reading AM Batteries Raises $25M in Series A Financing
RapidSOS, Interview With CEO Michael Martin
RapidSOS CEO Michael Martin RapidSOS, a New York-based provider of an intelligent safety platform, just raised $75m in financing. In conjunction with the announcement, CEO Michael Martin answered to our questions about the company, the product and the funding, as well as their plans. FinSMEs: Hi Michael, can you tell us a bit more about… Continue reading RapidSOS, Interview With CEO Michael Martin
WorkGenius Acquires JBC
WorkGenius, a New York-based freelance technology company, acquired JBC, a NY-based staffing company. Investments were provided by Carlos Medeiros, former partner at Softbank, and Chad Leat, former Vice Chair of CitiGroup, who join existing equity investors including John Jahr and Axel Sven Springer. Investcorp BDC and CION Invest Corp provided the debt facility and also invested in the equity. Carlos… Continue reading WorkGenius Acquires JBC
Shippeo Raises $40M in Funding
Shippeo, a Paris, France-based provider of a multimodal supply chain transportation visibility platform, raised $40M in funding. Backers included Battery Ventures, Partech, NGP Capital, ETF Partners, Bpifrance Digital Venture and SAP.io, LFX Venture Partners, and Yamaha Motor Ventures. The company intends to use the funds to accelerate growth, expand partnerships and operations across Asia-Pacific. Led… Continue reading Shippeo Raises $40M in Funding
Chip City Cookies Receives $10M from Enlightened Hospitality Investments
Chip City Cookies, a New York-based cookie brand, raised $10M in funding. Enlightened Hospitality Investments made the commitment. The company intends to use the funds to accelerate growth plans to scale its gourmet cookie concept beyond New York City, and strengthen its brand position within the competitive cookie segment, bolstered by its ship-anywhere partnership with Uber… Continue reading Chip City Cookies Receives $10M from Enlightened Hospitality Investments
MycoWorks Receives Investment from GM Ventures
MycoWorks, a San Francisco, CA-based biotechnology company, received an investment from GM Ventures, the investment arm of General Motors Co. (NYSE: GM). The amount of the deal was not disclosed. The company intends to use the funds to advance its R&D efforts and build more sustainable alternatives for their designers. Founded in 2013 by Philip Ross and Sophia Wang,… Continue reading MycoWorks Receives Investment from GM Ventures
e-Zinc Raises USD $7M Venture Debt Facility
e-Zinc, a Toronto, Canada-based company enabling sustainable, long-duration energy storage with its zinc-air battery, closed a USD $7m venture debt facility with Silicon Valley Bank. The company will use the funding to further progress its commercialization efforts and to expand production at its new Mississauga, ON facility. Led by James Larsen, CEO, e-Zinc is a zinc-air… Continue reading e-Zinc Raises USD $7M Venture Debt Facility
Immersive Labs Raises $66M in Funding
Immersive Labs, a Bristol, UK and Boston, MA-based provider of a people-centric cyber resilience solutions, raised $66M in funding. The round was led by Ten Eleven Ventures with participation from Goldman Sachs Asset Management, Summit Partners, Insight Partners, Menlo Ventures, and Citi Ventures. The company intends to us the funds to continue its growth and… Continue reading Immersive Labs Raises $66M in Funding
OneD Battery Sciences Raises $25M in Series C Funding
OneD Battery Sciences, a Palo Alto, CA-based developer of technology that adds energy-dense silicon into the anodes of EV batteries, raised $25m in Series C funding. Backers included GM Ventures and Volta Energy Technologies. The company intends to use the funds to continue research and development, while advancing pilot production and providing OEMs and battery manufacturers with integration… Continue reading OneD Battery Sciences Raises $25M in Series C Funding