Germany-based Wunder Mobility acquired the technology and staff of Australia-based Keaz, a car-sharing and rental technology provider. The amount of the deal was not disclosed. As part of the deal, Keaz team members, including founder and CTO Tim Bos, will be joining the Wunder Mobility team as it continues to invest in further development of… Continue reading Wunder Mobility Acquires Keaz
Author: FINSMES Online News
ProtoPie Raises Additional $6.3M in Series A Funding
ProtoPie, a Seoul, South Korea-based provider of prototyping software platform, raised $6.3m in Series A funding. Backers in the round, which brought total venture capital funding to date to $9.9M, included Vela Partners. The company intends to use the funds to grow ProtoPie in North America. Led by Tony Kim, Co-founder & CEO, ProtoPie provides… Continue reading ProtoPie Raises Additional $6.3M in Series A Funding
Abwaaab Closes $2.4M Pre-Seed Funding Round
Abwaaab Technologies, an Amman, Jordan-based online learning platform, closed a $2.4M pre-seed funding round. The round was kicked off by Adam Tech Ventures and joined by Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund (“ISSF”), a London-based investment fund. The startup plans to use this funding to develop its product and grow its… Continue reading Abwaaab Closes $2.4M Pre-Seed Funding Round
Spectro Cloud Raises $7.5M in Seed Funding
Spectro Cloud, a Santa Clara, Calif.-based enterprise cloud-native infrastructure company, emerged from stealth and raised $7.5m in seed funding. The round was led by Sierra Ventures with participation from Boldstart Ventures. The company intends to use the funds to continue to expand operations and finalize the product. Led by Saad Malik (CTO), Tenry Fu (CEO)… Continue reading Spectro Cloud Raises $7.5M in Seed Funding
RoadRunner Recycling Raises $28.6M in Series C Funding
RoadRunner Recycling, a Pittsburgh, PA-based technology platform built for commercial recycling, raised $28.6m in Series C financing. The round was co-led by e.ventures and Greycroft with additional participation from Franklin Templeton and existing investors Adams Capital Management and FJ Labs. The company intends to use the funds to double the size of its current team,… Continue reading RoadRunner Recycling Raises $28.6M in Series C Funding
Rancher Labs Raises $40M in Series D Funding
Rancher Labs, a Cupertino, Calif.-based creator a Kubernetes management platform, raised $40m in Series D funding. The round, which brought total funding to date to $95m, was led by Telstra Ventures, with participation from existing investors Mayfield, Nexus Venture Partners, GRC SinoGreen, and F&G Ventures. The company intends to use the funds to expand focus… Continue reading Rancher Labs Raises $40M in Series D Funding
Fintech-Powered Innovation In The Automotive Industry- The Latest Trends
Fintech is huge these days becoming an essential part of every industry. It makes things faster, cheaper, and easier both for organizations and their customers. According to some recent fintech statistics, nearly 64% of consumers have used two or more fintech services or platforms in 2019 alone. Moreover, specialists expect that this industry will have… Continue reading Fintech-Powered Innovation In The Automotive Industry- The Latest Trends
Bolt Closes $30M Series A Funding Round
Bolt Mobility, a Miami, Florida-based company dedicated to innovating transportation by providing safe and sustainable solutions, closed a Series A funding round bringing total investment to $30m at a $100m valuation. The round was led by Rokk3r Fuel ExO. The company intends to use the funds to both scale and bring its transport solutions globally.… Continue reading Bolt Closes $30M Series A Funding Round
Pony.ai Raises $462M in Funding; Valued at $3 Billion
Pony.ai, a Fremont, California-based autonomous driving company, raised $462m in funding. The new round puts Pony.ai’s valuation at just over $3 billion. As part of it, Toyota Motor Corporation made a $400m investment. In August 2019, Pony.ai and Toyota initiated joint autonomous driving pilots in China. This year’s strategic investment will expand the partnership’s scope… Continue reading Pony.ai Raises $462M in Funding; Valued at $3 Billion
Qure.ai Raises $16M in Funding
Qure.ai, a Mumbai, India-based healthcare AI company, raised $16M in funding. The round was led by Sequoia India with participation from MassMutual Ventures Southeast Asia (SEA). The company intends to use the funds to drive geographical expansion, expand product portfolio and support regulatory clearances. Founded in 2016 by Prashant Warier and Dr. Pooja Rao, and… Continue reading Qure.ai Raises $16M in Funding