Pony.ai, a Fremont, CA-based global autonomous driving technology company, completed the first close of its Series D financing. The backers were not disclosed. The company intends to use the proceeds from the funding to further augment its hiring, investment in research and development, global testing of robotaxi and robotrucking, enter into important strategic partnerships, and… Continue reading Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion
Author: FINSMES Online News
One Raises Additional $65M in Series A Funding
Our Next Energy, Inc., a Novi, Michigan-based energy storage technology company, raised $65M in Series A funding. This new funding round, which followed a $25M Series A in October 2021, was led by BMW i Ventures with participation from Coatue Management, Breakthrough Energy Ventures, Assembly Ventures, Flex and Volta Energy Technologies. The company intends to use the funds to expand its operations and prepare for… Continue reading One Raises Additional $65M in Series A Funding
Mundimoto Raises €20M in Funding
Mundimoto, a Spanish online platform to buy and sells motorcycles, raised €20m in funding. The round was led by P101 SGR via Programma 102 and ITALIA 500, with participation from Autotech Ventures e Maniv Mobility. The company intends to use the funds to continue to grow and expand at an international level, starting with the opening in Italy in… Continue reading Mundimoto Raises €20M in Funding
Wandelbots Raises $84M in Series C Funding
Wandelbots CEO Christian Piechnick Wandelbots, a Dresden, Germany-based robotic software company that is making industrial robots accessible for everyone, raised over $84m in Series C financing. The round was led by Insight Partners, with participation from existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT. In conjunction with the funding, Philine Huizing, Principal at Insight Partners, will… Continue reading Wandelbots Raises $84M in Series C Funding
Agtonomy Raises $5M in Seed Funding
Agtonomy, a San Francisco CA- and Sonoma County-based hybrid autonomy and tele-assist service platform, raised $5M in Seed funding. Backers included Toyota Ventures, Flybridge, Hampton VC, E²JDJ and Momenta, as well as existing investors GV (formerly Google Ventures) and Grit Ventures. The company intends to use the funds to accelerate development and trials of its… Continue reading Agtonomy Raises $5M in Seed Funding
Paradox Raises $200M in Series C Funding
Paradox, a Scottsdale, Ariz.-based conversational recruiting platform built to give every recruiter, hiring manager, and talent professional an assistant to get work done, raised $200M in Series C funding. The round was led by Stripes, Sapphire, and Thoma Bravo, with participation from Workday Ventures, Indeed, Willoughby Capital, Twilio Ventures, Blue Cloud Ventures, Geodesic, Principia Growth,… Continue reading Paradox Raises $200M in Series C Funding
2022 Predictions for the Insurtech and Gig Economy
by Mark Warnquist, CEO & Co-Founder, and Brandy Mayfield, Chief Underwriting Officer at InShare As 2021 comes to a close, experts in the insurtech and gig economy space, Mark Warnquist, CEO & Co-Founder, and Brandy Mayfield, Chief Underwriting Officer at InShare, offer insights for 2022. Warnquist and Mayfield are both armed with deep knowledge of… Continue reading 2022 Predictions for the Insurtech and Gig Economy
Veho Raises $125M in Series A Funding
Veho, a New York-based ecommerce logistics company that enables personalized next-day package delivery, raised $125M in Series A funding. The round was led by General Catalyst with participation from Construct Capital, Bling Capital, Industry Ventures, Fontinalis Partners and Origin Ventures. The company intends to use the funds to grow the team, expand from 14 to… Continue reading Veho Raises $125M in Series A Funding
Dialpad Raises $170M; Increases Valuation to $2.2 Billion
Dialpad Inc., a San Francisco, CA-based industry leader in AI-powered cloud communications and collaboration, raised $170m in funding. The round, which valued the company at $2.2 billion and brought total raised to date to $418m, was led by Amasia, GV, OMERS Growth Equity, Work-Bench, Section 32, and T-Mobile Ventures. The company intends to use the… Continue reading Dialpad Raises $170M; Increases Valuation to $2.2 Billion
Elementary Raises $30M in Series B Funding
Elementary, a Los Angeles, CA-based startup that has built an AI machine vision platform for quality and inspection in manufacturing, closed a $30M Series B funding. The round was led by Tiger Global with participation from existing investors Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures. The company intends to use the funds to scale… Continue reading Elementary Raises $30M in Series B Funding