Xos Trucks, Inc., a Los Angeles, CA-based manufacturer of fully electric commercial vehicles, raised $20m in funding. Backers included Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and Build Capital Group. In conjunction with the funding, Rodolfo Elias Dieck of Proeza Ventures, and Mark Lampert of Build Capital Group and former Daimler… Continue reading Xos Trucks Raises $20M in Funding
Author: FINSMES Online News
Buckle Raises $31M in Series A Funding
Buckle, a Jersey City, N.J.-based tech-enabled financial services company, raised $31m in Series A funding. The round was co-led by HSCM Bermuda and Eos Venture Partners. The company is using the funds to launch other products and partnerships as it expands nationwide. Led by Dustin Walsey, co-founder, Buckle provides offers total insurance coverage specifically for… Continue reading Buckle Raises $31M in Series A Funding
Cloudbooking Secures Undisclosed Funding
Cloud Booking Limited, a London, UK-based workplace management software platform, raised an undisclosed amount. Caple made the investment. The company intends to use the funds to scale its platform. Led by Gerry Brennan, CEO, and founder, Cloudbooking provides a software-as-a-service workplace management software platform, enabling integration with core services such as M365, Microsoft Teams, GSuite… Continue reading Cloudbooking Secures Undisclosed Funding
Sea Machines Raises $15M in Funding
Sea Machines Robotics, a Boston, MA-based developer of autonomous systems for ocean-going vessels and workboats, closed a new $15 million financing round. The round was led by Accomplice with further participation by Toyota AI Ventures, Brunswick Corp. (through investment partner TechNexus), Geekdom Fund, NextGen Venture Partners, Eniac VC, LaunchCapital and others. It included participation from… Continue reading Sea Machines Raises $15M in Funding
Roundtrip Raises $4M in Strategic Funding
Roundtrip, a Philadelphia, PA-based digital transportation marketplace for health outcomes, completed a $4m funding round. This brought the total amount of financing raised to date to $10.5m. The round was led by Motley Fool Ventures with participation from ZOLL® Medical Corporation, UH Ventures, and Grays Ferry Capital, which joined Johns Hopkins University and Ben Franklin… Continue reading Roundtrip Raises $4M in Strategic Funding
B Capital Group Closes Second Fund, at $820M
Global venture capital firm B Capital Group closed its second fund, at $820m. B Capital aims to invest in growth-stage startups transforming large industries and scaling rapidly. With a portfolio of nearly 30 companies in Asia, Europe and the United States, this new fund brings the total assets under management by the firm to $1.44… Continue reading B Capital Group Closes Second Fund, at $820M
Elementary Robotics Raises $12.7M in Series A Funding
Elementary Robotics, a Los Angeles, CA-based robotics startup, raised $12.7M in Series A funding. The round was led by Threshold Ventures (formerly DFJ) with participation from existing investors Fika Ventures, Fathom Capital, Ubiquity Ventures and Toyota AI Ventures. With this round, Threshold Ventures Partner Mo Islam has joined the Elementary Robotics Board of Directors. The… Continue reading Elementary Robotics Raises $12.7M in Series A Funding
DigniFi Raises $14M in Series A Funding
DigniFi, a Seattle, WA-based financing platform for auto repairs and services, raised $14m in Series A funding. Backers included Austin-based BuildGroup, the permanent capital company started by Lanham Napier, formerly of RackSpace, and Exor Seeds, the venture arm of Exor N.V., the holding company of the Agnelli family (controlling shareholder of Fiat Chrysler, Ferrari, CNHI,… Continue reading DigniFi Raises $14M in Series A Funding
Skipr Raises €7M in Funding
Skipr, a Brussels, Belgium-based B2B Mobility as a Service startup, raised €7m in funding. The round was led by Belfius, with participation from existing investor Lab Box, the startup studio of D’Ieteren Auto, a key player in Belgian automobile distribution. The company intends to use the funds to continue scaling its business in Belgium and… Continue reading Skipr Raises €7M in Funding
SLAMcore Raises $5M in Funding
SLAMcore, a London, UK-based company developing spatial AI algorithms for robots and drones, secured $5m in funding. The round was led by Octopus Ventures and MMC Ventures, with participation from Amadeus Capital Partners and Toyota AI Ventures. The company intends to use the funds to speed up the availability of its solutions, including its recently… Continue reading SLAMcore Raises $5M in Funding