Veego Software, a NYC-based company producing actionable insights for an improved connected home customer experience, closed a $13m Series A financing. The round was led by Magenta Venture Partners with participation from existing investors, State of Mind Ventures (SOMV), Robert Bosch Venture Capital GmbH, North First Ventures (N1V), Amdocs Ventures, as well as additional investors.… Continue reading Veego Raises $13M in Series A Funding
Author: FINSMES Online News
Tango Raises $5.7M in Seed Funding
Tango Co-founders Dan Giovacchini, Ken Babcock, and Brian Shultz Tango, a Los Angeles, CA-based workflow intelligence platform that streamlines the process of creating documentation, raised $5.7M in seed funding. The round was led by Wing Venture Capital with participation from General Catalyst, GSV Ventures, Outsiders Fund, and Red Sea Ventures, as well as angel investors Michael Stoppelman (former… Continue reading Tango Raises $5.7M in Seed Funding
Monolith AI Raises £8.5M in Series A Funding
Monolith AI, a UK AI engineering software company, raised £8.5M in Series A funding. The round was led by Insight Partners with participation from existing investors Pentech and Touchstone, Alejandro Agag, the founder of Formula E and Extreme E, Apex Black and the Stanford Angels of the UK. In conjunction with the funding, Josh Fredberg,… Continue reading Monolith AI Raises £8.5M in Series A Funding
Fontinalis Partners Closes $104M Fund III
Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III
RepairSmith Raises $42M in Series B Funding
RepairSmith, a Los Angeles, CA-based technology startup offering a mobile solution for automotive repair and maintenance, raised $42m in Series B funding. Backers included TI Capital, Mercedes-Benz, Porsche Ventures, and Spring Mountain Capital. RepairSmith has also appointed Ziad Ghandour of TI Capital and John L. Steffens of Spring Mountain Capital to its board of directors. Previously appointed board of directors include Andreas Joerg and Thomas Vogel of Mercedes-Benz AG. The company intends to… Continue reading RepairSmith Raises $42M in Series B Funding
Machinery Partner Raises $4.5M in Seed Funding
Machinery Partner, a Boston, MA-based company offering novel procurement, financing and support for small businesses needing heavy machinery, raised $4.5m in seed funding. The round was led by One Way Ventures (from Boston and focused on backing immigrant founders) and Euclid Ventures (from the West Coast and focused on B2B marketplaces), with participation from PJC and Techstars Ventures, as well as… Continue reading Machinery Partner Raises $4.5M in Seed Funding
Beckley Psytech Closes $80M Series B Funding
Beckley Psytech, an Oxford, England-based private company dedicated to addressing neurological and psychiatric disorders through the novel application of psychedelic medicines, closed an $80m Series B financing. The round was led by Integrated, with participation from Prime Movers Labs, Adage Capital Management, Palo Santo; Delphi VC; Leafy Tunnel; Negev Capital; and existing investor Bicycle Day Ventures. The company intends… Continue reading Beckley Psytech Closes $80M Series B Funding
Moove Raises $23M in Series A Funding
Moove, a Laos, Nigeria-based mobility fintech company, raised $23m in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable. Africa… Continue reading Moove Raises $23M in Series A Funding
Zeelo Raises $12M in Funding
Zeelo, a London, UK-based smart commuter mobility platform for organizations, raised $12M in funding. The round was led by ETF Partners, with participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems. The company intends to use the funds to accelerate US, European and African expansion, as well as rolling out its technology platform as… Continue reading Zeelo Raises $12M in Funding
WeVee Raises $7M Seed Funding
WeVee, a London UK-based electric vehicle leasing platform, raised $7M in seed funding. The round – which will take WeVee’s combined valuation to over $40m – was led by German entrepreneurs Rahmyn Kress and Michael Perschke, who joined WeVee Founder Paul Fagan as co-founders and board members. The company intends to use the funds to expand… Continue reading WeVee Raises $7M Seed Funding