Moove, a Laos, Nigeria-based mobility fintech company, raised $23m in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable. Africa… Continue reading Moove Raises $23M in Series A Funding
Author: FINSMES Online News
Zeelo Raises $12M in Funding
Zeelo, a London, UK-based smart commuter mobility platform for organizations, raised $12M in funding. The round was led by ETF Partners, with participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems. The company intends to use the funds to accelerate US, European and African expansion, as well as rolling out its technology platform as… Continue reading Zeelo Raises $12M in Funding
WeVee Raises $7M Seed Funding
WeVee, a London UK-based electric vehicle leasing platform, raised $7M in seed funding. The round – which will take WeVee’s combined valuation to over $40m – was led by German entrepreneurs Rahmyn Kress and Michael Perschke, who joined WeVee Founder Paul Fagan as co-founders and board members. The company intends to use the funds to expand… Continue reading WeVee Raises $7M Seed Funding
Venti Technologies Raises $8M in Seed Funding
Venti Technologies, a Boston, MA-based provider of safe-speed autonomous logistics systems, raised approximately $8m in seed funding. The round was led by LDV Partners and Alpha JWC Ventures. Representatives of the two lead investors, Lake Dai, Partner, LDV Partners , and Chandra Tjan, co-founder and General Partner, Alpha JWC, joined the Venti Board. The company intends to use… Continue reading Venti Technologies Raises $8M in Seed Funding
Soldo Closes $180M Series C Funding
Soldo, a London, UK-based pay and spend automation platform provider, closed a $180m Series C funding. The round was led by Temasek with participation from new investors Sunley House Capital, Advent International’s crossover fund, Citi Ventures and existing backers Accel, Battery Ventures, Dawn Capital, as well as Silicon Valley Bank for debt financing. The company… Continue reading Soldo Closes $180M Series C Funding
Verkor Raises €100M in Funding
Verkor, a Grenoble, France–based battery cell producer, raised €100m in funding. The round was co-led by EQT Ventures and Renault Group, with participation from the French Government and Auvergne- Rhône-Alpes Region, EIT InnoEnergy, Groupe IDEC, Schneider Electric, Capgemini, Arkema, Tokai COBEX and the Fund for Ecologic Modernisation of Transport (FMET) managed by Demeter. The company… Continue reading Verkor Raises €100M in Funding
Caura Raises $4.2M in Seed Funding
Caura, a London, UK-based vehicle management platform, raised $4.2m in seed funding. The round was led by TwinFocus Capital Partners, with participation from InMotion Ventures (the CVC arm of Jaguar Land Rover), Road Ventures, Pareto Holdings and Quiet Capital, as well as Jon Oringer, founder of Shutterstock, Antony Sheriff, former CEO of McLaren Automotive, and… Continue reading Caura Raises $4.2M in Seed Funding
Upflow Raises $15M in Series A Funding
founders Alexandre Louisy and Barnaby Malet Upflow, a Paris, France-based company which enables businesses to collect customer payments, raised $15m in Series A funding. The round included participation from 9yards Capital, and angel investors including Maximilian Tayenthal of N26, Raffael Johnen of auxmoney, and Pierre-Dimitri Gore-Coty of Uber. As part of the transaction, the former co-founder… Continue reading Upflow Raises $15M in Series A Funding
Toyota AI Ventures Rebrands as Toyota Ventures; Adds $300M
Toyota’s first early-stage venture capital firm, Toyota AI Ventures, is to rebrand as Toyota Ventures. The San Francisco Bay Area-based venture capital firm has also grown its total assets under management to more than $500m with the addition of two $150m early-stage funds. They are the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. Founded in 2017… Continue reading Toyota AI Ventures Rebrands as Toyota Ventures; Adds $300M
Pathrise Raises $9M in Series A Funding
Pathrise, a San Francisco, CA-based online mentorship and job placement platform for tech professionals, secured $9m in Series A Funding including $5.5m in new equity capital and $3.5m in venture debt. The round was led by Learn Capital and also included Western Technology Investment and Day One Ventures and existing investors K50 Ventures, Y Combinator, and GoAhead Ventures. Led by Kevin Wu, CEO and Co-Founder, Pathrise is an online… Continue reading Pathrise Raises $9M in Series A Funding