Transfr VR, a NYC-based company pioneering the use of virtual reality to simulate on-the-job training, raised $35 million in Series B funding. The round was led by Lumos Capital Group, which was joined by existing investors Firework Ventures and Album VC and new investor Spring Tide Capital. Transfr’s backers also include veteran education executives such as former CEO of Penn Foster, Stuart… Continue reading Transfr VR Raises $35M in Series B Funding
Author: FINSMES Online News
Metropolis Technologies Raises $167M in Series B Funding
Metropolis Technologies, a Los Angeles, CA- and Nashville, TN-based provider of a mobility commerce platform, raised $167M in Series B funding. The round was led by 3L Capital and Assembly Ventures, with participation from Dragoneer Investment Group, Eldridge, Silver Lake Waterman, and UP Partners, Deputy Mayor of New York City Dan Doctoroff, DivcoWest, Moving Capital… Continue reading Metropolis Technologies Raises $167M in Series B Funding
Chain.io Raises $11M in Series A Financing
Chain.io, a Philadelphia, PA-based supply-chain-specific, cloud-based integration platform, raised $11m in Series A funding. The round was co-led by Fontinalis Partners and High Alpha, with participation from Mercury, Grand Ventures, Eve Atlas and Waybury Capital. The company intends to use the funds to continue growing its network, adding more native connectivity to transportation and supply… Continue reading Chain.io Raises $11M in Series A Financing
Glade Brook Closes Growth Equity Fund, at $430M
Glade Brook Capital Partners, a Greenwich, CT-based global growth equity investment firm, closed Glade Brook Strategic Growth III, at $430m. More than 90% of SG III commitments are from Glade Brook’s existing partners across the globe, including leaders from the sovereign wealth, endowment, insurance, family office, RIA and technology founder communities. Through SG III, Glade… Continue reading Glade Brook Closes Growth Equity Fund, at $430M
ScienceMagic.Studios Raises $10M in Pre-Seed Funding
ScienceMagic.Studios, a New York-based provider of a digital assets venture studio, raised $10M in Pre-Seed funding. ScienceMagic.Studio investors include angels (Noam Gottesman, Alan Howard, Frederic Court, Gil Weisblum, Khalili Brothers), venture capital firms (Liberty City Ventures, Digital Currency Group, Brevan Howard Digital, ThirdPrime, Cultur3) and Web3 companies (Coinbase Ventures, RealVision, Heni). The company intends to use the funds to… Continue reading ScienceMagic.Studios Raises $10M in Pre-Seed Funding
CoachHub Raises $200M in Series C Funding
CoachHub, a New York-based provider of a digital coaching platform, raised $200M in Series C funding. The round was led by Sofina and SoftBank Vision Fund 2 with participation from existing investors including Molten Ventures, Speedinvest, HV Capital, Signals Venture Capital and Silicon Valley Bank/SVB Capital. The company intends to use the funds to further… Continue reading CoachHub Raises $200M in Series C Funding
Renault Group Acquires UK Based Fixter
Renault Group acquired Fixter, a London, UK-based startup specializing in the digitization of vehicle maintenance. The amount of the deal was not disclosed. This acquisition is part of a strategy to develop innovative digital tools for the Independent After Market (IAM) in Europe, for both retail and professional customers. Fixter’s development will continue in the… Continue reading Renault Group Acquires UK Based Fixter
Showplace Raises $2 Million in Funding
Showplace, a Denver, CO-based platform for smarter hosting, raised $2m in funding. The round was led by Matchstick Ventures with participation from Boost VC, Taurus Ventures, and angel investors Logan Green, CEO of Lyft; Matt Van Horn, CEO of June; Garrett Smallwood, CEO of Wag; Jonathan Chen, Head of M&A at Twitter; and James Beshara,… Continue reading Showplace Raises $2 Million in Funding
Ion Storage Systems Closes $30M Series A Funding
Ion Storage Systems, a Beltsville, MD-based company that manufactures high energy density, solid state lithium metal batteries, raised $30M in Series A funding. The round was led by Toyota Ventures, Tenaska, Bangchak Corporation, GAINTECH Capital, Alumni Ventures Group, Z2Sixty Ventures, Climate Capital, and the University of Maryland Discovery Fund. The company intends to use the funds to… Continue reading Ion Storage Systems Closes $30M Series A Funding
Magical Raises $35M in Series A Funding
Magical, a San Francisco, CA-based fully-remote company with a repetitive task automation tool, raised $35M in Series A funding. The round, which followed a $6M seed funding raised in 2020, was led by Coatue Management with support from existing investors at Greylock and Bain Capital Ventures, as well as Lightspeed Capital, SV Angels, Blank Ventures,… Continue reading Magical Raises $35M in Series A Funding