Li Industries, a Pineville, NC-based provider of direct recycling technologies for lithium-ion batteries, closed a $42M Series B funding with an additional $6M commitment from investors. New backers included General Motors (GM) Ventures, DNX Ventures, and Tech Energy Ventures. The company plans to further scale operations and develop synergistic partnerships. Led by CEO Zheng Li, Li Industries has… Continue reading Li Industries Raises $6M; Closes $42M in Series B Funding
Author: FINSMES Online News
Sila Raises $375M in Series G Funding
Sila, an Alameda, CA-based battery materials company, raised $375M in Series G funding. The round was led by Sutter Hill Ventures and funds and accounts advised by T. Rowe Price Associates, Inc., with participation from new outside investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital, and others. The company intends… Continue reading Sila Raises $375M in Series G Funding
Better Futures Raises €500K in Funding
Pictured at NovaUCD in Dublin is Anthony Mc Loughlin, CEO and Founder, Better Futures. (Credit: Better Futures). Better Futures, a Dublin, Ireland-based early-stage engineering and manufacturing artificial intelligence (AI) focused startup, raised €500K in Pre-Seed funding. Backers included undisclosed angel investors. The company intends to use the funds to accelerate the roll-out of EVATM, its… Continue reading Better Futures Raises €500K in Funding
Interlock Launches ThreatSlayer Web3 Security Extension and Incentivized Crowdsourced Internet Security Community
Fairfield, CT, USA, June 27th, 2024, Chainwire Uses blockchain and Web3 to incentivize users to participate and share essential threat data Interlock today announced a Web3, incentivized crowdsourced internet security community that aims to make the internet safer for everyone, from individuals to global enterprises. Today the company also announced the worldwide general availability… Continue reading Interlock Launches ThreatSlayer Web3 Security Extension and Incentivized Crowdsourced Internet Security Community
Compredict Raises $15M in Series B Funding
Compredict, a Darmstadt, Germany-based company which specializes in AI-powered solutions for software-defined vehicles, raised $15M in Series B funding. The round was led by Woven Capital, Toyota’s growth fund, with participation from existing investor Shift4Good. The company intends to use the funds to expand its global footprint, diversify its product offerings, and enhance large-scale deployment capabilities.… Continue reading Compredict Raises $15M in Series B Funding
Allora Labs Closes Funding Round; Brings Total Funding to $35M
Allora Labs, a NYC-based provider of a self-improving decentralized AI network, closed a strategic funding round. The round brought the total amount to $35M. Backers to date include Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital, among others. The company intends to use the funds to bring on further strategic… Continue reading Allora Labs Closes Funding Round; Brings Total Funding to $35M
Prewave Raises $67M in Series B Funding
Prewave, a Vienna, Austria-based provider of an AI-enabled sustainability, risk and compliance platform, raised $67M in Series B funding. The round was led by Hedosophia, with participation from existing investors Creandum, Ventech, Kompas,Speedinvest and Working Capital Fund. The company intends to use the funds to drive its next phase of global growth and to support further product R&D on… Continue reading Prewave Raises $67M in Series B Funding
PQShield Raises $37M in Series B Funding
PQShield, a London, UK-based cybersecurity company specializing in post-quantum cryptography (PQC), raised $37M in Series B funding. The round was led by Addition, with participation from new investors Chevron Technology Ventures, Legal & General and Braavos Capital, together with existing backers, Oxford Science Enterprises. The company intends to use the funds to meet market demand… Continue reading PQShield Raises $37M in Series B Funding
LD Carbon Closes $28M Series C Funding
LD Carbon, a Seoul, South Korea-based producer of recovered carbon black, raised $28M in Series C funding. The round was led by Toyota’s growth fund, Woven Capital, with participation from Meritz Securities, Investwith, Industrial Bank of Korea, Hyundai Motor Group ZER01NE, Elohim Partners and New Main Capital. The company intends to use the funds to scale… Continue reading LD Carbon Closes $28M Series C Funding
CesiumAstro Raises $65M in Series B Funding
CesiumAstro’s Founder and CEO, Shey Sabripour, pictured in the company’s Austin, Texas, New Product Introduction facility. Photo credit: Melissa Glynn CesiumAstro Inc., an Austin, TX-based provider of space communications technology, closed a $65m Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc., and Quanta… Continue reading CesiumAstro Raises $65M in Series B Funding