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
Author: FINSMES Online News
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
Battery Resourcers Closes $20M Series B Equity Funding
Battery Resourcers CEO Mike O’Kronley at the company’s Novi, Mich. facility on April 9, 2021 Battery Resourcers, a Worcester, MA-based vertically integrated lithium-ion battery recycling and manufacturing company, recently completed a $20m Series B equity funding. The round was led by Orbia Ventures, the venture capital arm of the multinational Orbia, with participation from other investors including At One Ventures, TDK… Continue reading Battery Resourcers Closes $20M Series B Equity Funding
SnackMagic Raises $15M in Series A Funding
SnackMagic, a NYC-based gift box platform provider, raised $15m in Series A funding. The round was by Craft Ventures, with participation from Luxor Capital. The company intends to use the funds to build warehouse capacity and logistics support for its line of products. Led by founder and CEO Shaunak Amin, SnackMagic provides a platform to… Continue reading SnackMagic Raises $15M in Series A Funding
Moxie Raises $6.3M in Seed+ Funding
Moxie, a NYC- and Berlin, Germany-based virtual fitness platform, raised $6.3M in Seed+ funding. The round, which follows a $2.1M Seed round announced in October 2020, bringing total funds raised to date to $8.4M, was led by Resolute Ventures with participation from Bessemer Ventures, Greycroft Ventures, Gokul Rajaram and additional industry leaders such as Bruce… Continue reading Moxie Raises $6.3M in Seed+ Funding
Tasktop Raises $100M in Funding
Tasktop, a Vancouver, BC-based value stream management (VSM) platform provider, received a $100m strategic investment from Sumeru Equity Partners. Management and existing investors participated in the investment. As a part of the transaction, Jason Babcoke and George Kadifa of Sumeru will join the board of directors. The company intends to use the funds to accelerate growth and… Continue reading Tasktop Raises $100M in Funding
TrueLayer Secures $70M in Series D Funding
TrueLayer, a London, UK-based open banking platform, secured $70m in Series D funding. The round, which brings the total investment to date to $142m, was led by new investor Addition with participation from existing investors Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, as well as Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter… Continue reading TrueLayer Secures $70M in Series D Funding
Productiv Raises $45M in Series C Funding
Productiv, a Palo Alto, CA-based provider of a SaaS management platform, closed a $45M Series C funding. The round, which brought total funding raised to date to $73M, was led by IVP with participation from existing investors Accel, Norwest Venture Partners, Okta Ventures, and new strategic investor Atlassian Ventures. In conjunction with the financing, Steve Harrick… Continue reading Productiv Raises $45M in Series C Funding
Spekit Raises $12.2M in Series A Funding
Spekit, a Denver, CO-based digital adoption and enablement platform provider, closed a $12.2m Series A funding round. The round, which brings total funding raised to date to $15.7m, was led by Foundry Group and Renegade Partners, with participation from Operator Collective, Matchstick Ventures and Bonfire Ventures. As part of the financing, Foundry Group Partner and serial SaaS investor Jaclyn Freeman Hester and Roseanne Wincek,… Continue reading Spekit Raises $12.2M in Series A Funding