Waabi, a Toronto, Canada-based company advancing generative AI for the physical world, raised $200m (USD) in Series B funding. The round was led by Uber and Khosla Ventures with participation from strategic investors NVIDIA, Volvo Group Venture Capital, Porsche Automobil Holding SE, Scania Invest and Ingka Investments, and additional financial investors HarbourVest Partners, G2 Venture… Continue reading Waabi Raises $200M USD in Series B Funding
Author: FINSMES Online News
epresspack Raises €7M in Funding
epresspack, a Paris, France-based provider of a SaaS solution for communication professionals, raised €7M in funding. Entrepreneur Invest made the investment. The company intends to use the funds to continue its development in France and Europe, consolidate its commercial and marketing resources, particularly in the UK, and actively seek external growth opportunities in Europe. Founded by Antoun Sfeir, epresspack is… Continue reading epresspack Raises €7M in Funding
Swift Solar Raises $27M in Series A Funding
Swift Solar, a San Carlos, CA-based solar technology company, raised $27M in Series A funding. The round was led by Eni Next and Fontinalis Partners. Other investors included Stanford University, Good Growth Capital, BlueScopeX, HL Ventures, Toba Capital, Sid Sijbrandij, James Fickel, Adam Winkel, Fred Ehrsam, Jonathan Lin, and Climate Capital also participated. The company intends to use the… Continue reading Swift Solar Raises $27M in Series A Funding
Cognigy Raises $100M in Series C Funding
Cognigy, a Düsseldorf, Germany-based company which specializes in AI-first customer service automation, raised $100M in Series C funding. The round was led by Eurazeo Growth, with participation from existing investors Insight Partners, DTCP, DN Capital and others. The company intends to use the funds to expand its development efforts. Founded in 2016 by Benjamin Mayr,… Continue reading Cognigy Raises $100M in Series C Funding
Ciphr Acquires Shape Payroll
Ciphr, a Reading, UK-based HR and payroll software provider, acquired Shape Payroll, a Southampton, UK-based cloud payroll platform used by 1,500 businesses. The amount of the deal was not disclosed. The acquisition will enable Ciphr to further strengthen its payroll business. Shape’s founders, husband and wife team Alex and Cheri Bartlett, and the rest of their… Continue reading Ciphr Acquires Shape Payroll
Citroën DS – More Than The French Legend
The most famous French car of the mid-20th century was the Citroën DS. It became a revolutionary vehicle that was ahead of its time and forever entered the history of the global automobile industry. Thanks to non-standard design solutions and wide availability, this model has captivated motorists in many countries. Even today it remains in… Continue reading Citroën DS – More Than The French Legend
Firefly Raises $23M in Series A Funding
Firefly, a Tel Aviv, Israel-based provider of a multi-cloud control plane solution, raised $23M in Series A funding. The round was led by Vertex and included participation from Hanaco, SoftBank, InMotion Ventures (the investment arm of JLR) and Redseed. The company intends to use the funds to expand its team and enhance its support for… Continue reading Firefly Raises $23M in Series A Funding
Realtime Robotics Receives Investment From Mitsubishi Electric Corporation
Realtime Robotics, a Boston, MA-based company which specializes in collision-free autonomous motion planning for industrial robots, received an investment from Mitsubishi Electric Corporation. The amount of the deal was not disclosed. This is the lead investment in Realtime Robotics’ recently opened Series B round. Mitsubishi Electric was also a participant in the Series A round. The company… Continue reading Realtime Robotics Receives Investment From Mitsubishi Electric Corporation
Finout Raises $26M in Series B Funding
Finout Team. Photo Credit: Omer Hacohen Finout, a Tel Aviv, Israel-based FinOps-for-enterprise company, raised $26M in Series B funding. The round was led by Red Dot Capital with participation from Maor Investments and existing investors Team8, Pitango, and Jibe Ventures. The company intends to use the funds to expand operations and its development efforts. Founded… Continue reading Finout Raises $26M in Series B Funding
Simr Raises $20M in Series A Funding
Simr co-founders (from left) Burak Yenier, CEO and Wolfgang Gentzsch, President. (Photo: Business Wire) Simr, fka UberCloud, a Los Altos, CA-based company advancing SimOps for manufacturers, raised $20M in Series A funding. The round was led by Uncorrelated Ventures, with participation from BMW i Ventures and Earlybird Venture Capital. Salil Deshpande, General Partner at Uncorrelated Ventures,… Continue reading Simr Raises $20M in Series A Funding