Community Labs, a NYC-based Arweave*-native software development company and venture studio accelerating developer tools, use cases, and adoption of decentralized permanent data storage, raised $30m in funding. The round was led by Lightspeed Venture Partners with participation from industry leaders Arweave, Bain Capital Crypto, Blockchain Capital, Distributed Global and Road Capital Management, alongside others. The company intends to use the… Continue reading Community Labs Raises $30M in Funding
Author: FINSMES Online News
StarTree Raises $47M in Series B Funding
StarTree, Inc., a Mountain View, CA-based real-time analytics company, raised $47m in Series B funding. The round was led by GGV Capital, with participation from new investor Sapphire Ventures and existing investors Bain Capital Ventures and CRV. The company, which has raised a total of $75 million to date, intends to use the funds to accelerate product development, expand sales… Continue reading StarTree Raises $47M in Series B Funding
Chronus Acquires eMentorConnect
Chronus, a Bellevue, Wash.-based enterprise mentoring platform, acquired eMentorConnect, a Seattle, WA-based cloud-based platform that helps growing teams and enterprise-level organizations configure their mentoring solutions. The amount of the deal was not disclosed. The acquisition will allow Chronus to expand its service to additional organizations that value mentoring as a key development strategy. Several eMentorConnect… Continue reading Chronus Acquires eMentorConnect
How Technology is Changing the Car Industry
The car industry is one that has been revolutionized by technology in many ways. From the way cars are designed and manufactured to the way we use them, technology has had a huge impact on this industry. In this blog post, we will discuss some of the ways that technology has changed the car industry.… Continue reading How Technology is Changing the Car Industry
The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind
Private equity deals, funding rounds and, eventually, the move to becoming a publicly listed company can be a rollercoaster. There can be highs, lows, and plateaus, but the ultimate goal for all concerned is to take investments and use them to create a thriving business. Sometimes that happens, sometimes it doesn’t. That’s the nature of… Continue reading The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind
Perform Raises $1.2M in Funding
Perform Founding Advisor Meb Keflezighi Perform, a San Francisco, CA-based startup that helps runners reach their goals with a personal running coach and smart training app, raised $1.2M in funding. The round was led by defy.vc, with participation from Techstars, the Chief Product Officer of Calm, the former Chief Product Officer of Uber, the co-founder… Continue reading Perform Raises $1.2M in Funding
Shima Capital Closes $200M Maiden Fund to Support Web3 Founders
Shima Capital, a San Francisco, CA-based global venture firm that invests in early-stage blockchain companies across all market cycles, launched its debut fund. Shima Capital Fund I raised $200 million receiving support from notable investors including Dragonfly Capital, Bill Ackman, Animoca, OKex, Mirana Ventures, Republic, and Andrew Yang, among others. Founded in 2021 by veteran investor Yida Gao, Shima… Continue reading Shima Capital Closes $200M Maiden Fund to Support Web3 Founders
StradVision Closes $88M Series C Funding
StradVision, a Seoul, South Korea-based AI-based perception processing company for Autonomous Vehicles and ADAS, raised $88M in Series C funding. The round was led by ZF and Aptiv. With this round closed, StradVision now has $129m USD in cumulative funding from the seed round through Series C. The company intends to use the funds to accelerate growth and expand… Continue reading StradVision Closes $88M Series C Funding
Xona Space Systems Raises Funding
Xona Engineer Nick Manglaviti setting up hardware-in-the-loop testing at Xona’s R&D lab in San Mateo, California. (Photo: Xona Space Systems) Xona Space Systems, a San Mateo, CA-based pioneer in navigation technologies from Low Earth Orbit (LEO), raised a financing round that brings their total funding to over $25M. The round was led by First Spark Ventures… Continue reading Xona Space Systems Raises Funding
Velocia Raises $2.5M in Funding
Velocia, a Toronto, Canada-based software-as-a-service (SaaS) provider for a mobility rewards platform, raised $2.5m in growth funding. WindSail Capital Group made the investment. Led by David Winterstein, CEO, Velocia Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. It uses rewards to encourage people to get out of single-occupant vehicles… Continue reading Velocia Raises $2.5M in Funding