Jumpstart, a San Francisco, Calif.-based provider of a Diversity Recruitment Platform (DRP), is rebranding as Canvas raised $20m in funding. The round was led by Lachy Groom and Sequoia Capital with participation from Four Rivers Capital. The company intends to use the funds to expand the platform into other industries and verticals beyond technology. Led… Continue reading Jumpstart Raises $20M in Funding
Author: FINSMES Online News
Interactio Raises $30M in Series A Funding
Interactio, a Vilnius, Lithuania-based provider of a remote interpretation platform, raised $30m in Series A funding. The round was led by Eight Roads Ventures and Storm Ventures with participation from Practica Capital, Notion Capital, Change Ventures and angels such as Jaan Tallinn and Young Sohn. The company intends to use the funds to accelerate to… Continue reading Interactio Raises $30M in Series A Funding
Mile Auto Raises $10.3M in Seed Funding
Mile Auto, an Atlanta, GA-based insurtech company, secured $10.3m in seed funding. Backers included Ulu Ventures, Emergent Ventures, Thornton Capital, and Sure Ventures. The company intends to use the funds to expand availability of its insurance offering to half of the U.S. auto insurance market by the end of 2021, as well as hiring, adding new distribution… Continue reading Mile Auto Raises $10.3M in Seed Funding
Plus One Robotics Raises $33M in Series B Funding
Plus One Robotics, a San Antonio, TX-based provider of vision software for logistics robots, raised $33m in Series B funding. The round, announced in April 2021, was co-led by McRock Capital and Translink Capital with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain, and Ironspring Ventures and existing investors CEAS, Lerer Hippeau, Pritzker… Continue reading Plus One Robotics Raises $33M in Series B Funding
Twaice Raises $26M In Series B Funding
Twaice, a Chicago, IL-based battery analiytics company, raised $26m in Series B funding. The round, which brought total financing to $45m, was led by Energize Ventures. The company intends to use the funds to expand the analytics platform and accelerate international expansion. Led by Stephan Rohr, Twaice provides predictive analytics software that optimizes the development… Continue reading Twaice Raises $26M In Series B Funding
Jerry Raises $28M in Series B Funding
Jerry Services, Inc., a Palo Alto, CA-based car insurance platform that provides customized quotes from more than 45 insurance carriers quickly, raised $28m in Series B funding. The round, which brought $57M in total funding, was led by Goodwater Capital with participation from Jay Vijayan, CEO of Tekion; Jon McNeill, CEO of DVx Ventures (former president of… Continue reading Jerry Raises $28M in Series B Funding
Wrisk Raises £4.6M IN Series A Funding
The Wrisk leadership team. From left to right: Niall Barton, Executive Chairman, Nimeshh Patel, CEO, Darius Kumana, Co-Founder and Chief Product Officer Wrisk, a London, UK insurtech company, raised £4.6M in funding. The round was led by QBN Capital with participation from investors Guinness Asset Management and Cell Rising Capital. The company intends to use… Continue reading Wrisk Raises £4.6M IN Series A Funding
Solid Power Raises $130M in Series B Funding
Solid Power, a Louseville, Colo.-based producer of all solid-state batteries for electric vehicles, raised $130m in Series B funding. The round was led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future… Continue reading Solid Power Raises $130M in Series B Funding
Scale AI Raises $325M in Series E Funding
Scale AI, a San Francisco, CA-based provider of a data platform for AI, raised $325m in Series E funding. The round was co-led by Dragoneer, Greenoaks Capital, and Tiger Global with participation from new investors Wellington Management and Durable Capital followed and existing investors Coatue, Index, Founders Fund, and YC. The company intends to use… Continue reading Scale AI Raises $325M in Series E Funding
Universal Hydrogen Raises $20.5M in Series A Funding
Universal Hydrogen, a Los Angeles, CA-based carbon-free flight company, raised $20.5M in Series A financing. The round was led by Playground Global, with participation from Fortescue Future Industries, Coatue, Global Founders Capital, Plug Power, Airbus Ventures, JetBlue Technology Ventures, Toyota AI Ventures, Sojitz Corporation, and Future Shape. The company intends to use the funds to… Continue reading Universal Hydrogen Raises $20.5M in Series A Funding