Autobrains Founder and CEO, Igal Raichelgauz. Autobrains (formerly known as Cartica AI), a Tel Aviv, Israel-based developer of self-learning artificial intelligence technology for assisted and autonomous driving, raised $101m in Series C financing. The round was led by Singaporean Temasek, with participation from new investors Knorr-Bremse AG and VinFast, as well as existing investor BMW and Continental AG.… Continue reading Autobrains Raises $101M in Series C Funding
Author: FINSMES Online News
Battery Resourcers Raises $70M in Series B Funding
Battery Resourcers, a Worcester, MA-based lithium-ion battery recycler and manufacturer, raised $70M in Series B funding. Orbia Ventures and Koura, Orbia’s business focused on the development, manufacture and supply of fluoroproducts and technologies, initiated this funding round later joined by Hitachi Ventures, InMotion Ventures (JLR), Doral Energy, At One Ventures, TDK Ventures and Trumpf Ventures. Founded in 2015… Continue reading Battery Resourcers Raises $70M in Series B Funding
Zum Raises $130M in Series D Funding
Zūm, a Redwood City, Calif.-based modern student transportation company, raised $130m in Series D funding. The round was led by Softbank Vision Fund 2, with participation from existing investors including Sequoia and BMW i Ventures. Andrew Straub of Softbank Investment Advisers will join the board of directors. The company will use the new capital to expand its service… Continue reading Zum Raises $130M in Series D Funding
Vahan Raises $8M in Series A Funding
Vahan, a Bangalore, India-based jobs & livelihood platform for blue-collar workers, raised USD 8m in series A funding. Madhav Krishna, Co-founder and CEO, Vahan The round was led by Khosla Ventures with participation from Airtel, SHAKTI VC (led by former Google exec Keval Desai with Eric Schmidt and Michael Dell as LPs), Pioneer Fund (Y… Continue reading Vahan Raises $8M in Series A Funding
Canvas Raises $50M in Series C; Valued At $400M
Canvas, a San Francisco, CA-based diversity recruitment platform, raised $50m in Series C funding, bringing its valuation to $400m. The round was led by Owl Ventures, with participation from Sequoia, Lachy Groom, Zoom Apps Fund, HighSage Ventures, BAM Elevate and Fifth Down Capital. The company intends to use the funds to: expand its product into other… Continue reading Canvas Raises $50M in Series C; Valued At $400M
GenXComm Raises $20M in Series B Funding
GenXComm, an Austin TX-based provider of private networking solutions, raised $20M in Series B funding. The round was led by Motive Companies, with participation from Raine Next-Gen Communications, BMW iVentures, Intel Capital, Azure Capital and Bandgap Ventures. The company intends to use the funds to accelerate product development and commercial launch of their private 4G… Continue reading GenXComm Raises $20M in Series B Funding
Prive Raises $1.7M in Pre-Seed Funding
Co-founders Alex Craciun and Claudia Laurie Prive, a San Francisco, CA-based eCommerce subscriptions platform, raised $1.7M in pre-seed financing. The round was led by Xfund and Bling Capital, with participation from Defy Partners, Halogen Ventures, Base Case Capital, and current senior Uber executives. Founded by ex-Uber product managers Alex Craciun and Claudia Laurie, Prive provides… Continue reading Prive Raises $1.7M in Pre-Seed Funding
Insurify Raises $100M in Series B Funding
Insurify, a Cambridge, MA-based virtual insurance agent and comparison platform, raised $100M in Series B funding. The round was led by Motive Partners with participation from existing investors Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures, Moneta VC, as well as new investors Viola Growth and Fort Ross Ventures. The company intends to use the funds… Continue reading Insurify Raises $100M in Series B Funding
Hive Raises $10M in Funding
Hive, a NYC-based productivity software platform, raised $10m in funding. The round was led by Rembrandt Venture Partners, with participation from Zoom Video Communications, Inc.’s Zoom Apps Fund, and existing investors Tribeca Venture Partners and Angelpad. The company will use the funding to build the software platform, where all product decisions are made democratically by users.… Continue reading Hive Raises $10M in Funding
Eight Sleep Raises $86M in Series C Funding
Eight Sleep, a Miami, FL-based sleep fitness company, closed an $86M Series C funding round. The round was led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst. Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards… Continue reading Eight Sleep Raises $86M in Series C Funding