Clockwise from front left: CTO Haytham Abuelfutuh, Software Engineer Yee Hing Tong, COO George Snelling, Software Engineer Katrina Rogan and CEO Ketan Umare (PRNewsfoto/Union.ai) Union.ai, a Bellevue, Wash.-based provider of an open source workflow orchestration platform, closed a $10m seed funding round. The round was led by NEA with additional participation from a select group of… Continue reading Union.ai Raises $10M in Seed Funding
Author: FINSMES Online News
Bcomp Raises CHF 32M in Series B Funding
Bcomp, a Fribourg, Switzerland-based provider of natural fibre-based sustainable lightweighting solutions, raised CHF 32M in Series B funding. Backers included automotive OEM venture funds BMW i Ventures, Porsche Ventures and Volvo Cars Technology Fund AB, alongside Airbus Ventures, Generali, and existing shareholders. The company intends to use the funds to scale its workforce, increase its… Continue reading Bcomp Raises CHF 32M in Series B Funding
StoreDot Receives Investment from Ola Electric
Doron Myersdorf, StoreDot CEO StoreDot, a Herzeliya, Israel-based maker of extreme fast charging – XFC -technologies for electric vehicles, has secured a multi-million-dollar investment from Ola Electric. The new funding comes as part of StoreDot’s Series D investment round. Ola is joining a wide range of high-profile investors and partners in StoreDot – a roster… Continue reading StoreDot Receives Investment from Ola Electric
Solo Advanced Vehicle Technologies Raises $7M in Seed Funding
Solo Advanced Vehicle Technologies, a San Francisco, CA-based vehicle hardware company, raised $7M in Seed funding. The round was led by Trucks VC with participation from Maniv Mobility and Wireframe Ventures. The company intends to use the funds to build out its engineering team as they expand at its new headquarters in Fremont, California. Led by CEO Graham Doorley,… Continue reading Solo Advanced Vehicle Technologies Raises $7M in Seed Funding
Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion
Pony.ai, a Fremont, CA-based global autonomous driving technology company, completed the first close of its Series D financing. The backers were not disclosed. The company intends to use the proceeds from the funding to further augment its hiring, investment in research and development, global testing of robotaxi and robotrucking, enter into important strategic partnerships, and… Continue reading Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion
One Raises Additional $65M in Series A Funding
Our Next Energy, Inc., a Novi, Michigan-based energy storage technology company, raised $65M in Series A funding. This new funding round, which followed a $25M Series A in October 2021, was led by BMW i Ventures with participation from Coatue Management, Breakthrough Energy Ventures, Assembly Ventures, Flex and Volta Energy Technologies. The company intends to use the funds to expand its operations and prepare for… Continue reading One Raises Additional $65M in Series A Funding
Mundimoto Raises €20M in Funding
Mundimoto, a Spanish online platform to buy and sells motorcycles, raised €20m in funding. The round was led by P101 SGR via Programma 102 and ITALIA 500, with participation from Autotech Ventures e Maniv Mobility. The company intends to use the funds to continue to grow and expand at an international level, starting with the opening in Italy in… Continue reading Mundimoto Raises €20M in Funding
Wandelbots Raises $84M in Series C Funding
Wandelbots CEO Christian Piechnick Wandelbots, a Dresden, Germany-based robotic software company that is making industrial robots accessible for everyone, raised over $84m in Series C financing. The round was led by Insight Partners, with participation from existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT. In conjunction with the funding, Philine Huizing, Principal at Insight Partners, will… Continue reading Wandelbots Raises $84M in Series C Funding
Agtonomy Raises $5M in Seed Funding
Agtonomy, a San Francisco CA- and Sonoma County-based hybrid autonomy and tele-assist service platform, raised $5M in Seed funding. Backers included Toyota Ventures, Flybridge, Hampton VC, E²JDJ and Momenta, as well as existing investors GV (formerly Google Ventures) and Grit Ventures. The company intends to use the funds to accelerate development and trials of its… Continue reading Agtonomy Raises $5M in Seed Funding
Paradox Raises $200M in Series C Funding
Paradox, a Scottsdale, Ariz.-based conversational recruiting platform built to give every recruiter, hiring manager, and talent professional an assistant to get work done, raised $200M in Series C funding. The round was led by Stripes, Sapphire, and Thoma Bravo, with participation from Workday Ventures, Indeed, Willoughby Capital, Twilio Ventures, Blue Cloud Ventures, Geodesic, Principia Growth,… Continue reading Paradox Raises $200M in Series C Funding