Bluespace.ai, a San Jose, CA-based new autonomous driving startup, closed a $3.5m in seed funding. The round was led by Fusion Fund with participation from Steve Chen (YouTube Co-founder), UMC (NYSE: UMC, global semiconductor foundry based in Taiwan with a $5.5 billion market cap), Kakao Ventures (the #1 mobile platform in South Korea with $11… Continue reading Bluespace.ai Secures $3.5M in Seed Funding
Author: FINSMES Online News
Sevenhugs Raises Additional $9M in Funding
Sevenhugs, a Paris, France-based provider of a remote control with a precise indoor positioning system, raised an additional $9M in funding. Xerys Capital made the investment. The company intends to use the funds to further develop and distribute their smart home solutions both in the U.S. and globally. Founded in 2014 by Simon Tchedikian, CEO,… Continue reading Sevenhugs Raises Additional $9M in Funding
Observe.AI Raises $26M in Series A Funding
Observe.AI, a San Francisco, CA-based provider of an AI-powered agent enablement platform for voice customer service, raised $26m in Series A financing. The round, which brought total funding to $34m, was led by Scale Venture Partners, with participation from Nexus Venture Partners, Steadview Capital, 01 Advisors, and Emergent Ventures. In conjunction with the funding, Andy… Continue reading Observe.AI Raises $26M in Series A Funding
Apex.AI Raises Funding Round
Apex.AI, a Palo Alto, California-based autonomous mobility software company, received a funding round of undisclosed amount. The amount of the deal was not disclosed. Backers included Volvo Group Venture Capital, Hella Ventures, and Jaguar Land Rover’s venture capital arm InMotion Ventures. The investment will enable the development of a safety-certified software framework for autonomous systems. Founded… Continue reading Apex.AI Raises Funding Round
Suvoda Receives $40M Investment from LLR Partners
Suvoda LLC, a Conshohocken, Pa.-based SaaS provider of clinical trial software, secured a $40m minority equity investment from Philadelphia-based private equity firm LLR Partners. The company intends to use the funds for the continued growth and the expansion of its product offerings. Led by Jagath Wanninayake, President & CEO, Suvoda provides a SaaS solution for… Continue reading Suvoda Receives $40M Investment from LLR Partners
May Mobility Raises $50M in Series B Funding
May Mobility, an Ann Arbor, Mich.-based autonomous Transportation-as-a-Service (TaaS) provider, closed a $50m Series B funding round. The round, which brought the company’s total raised to $84m to date, was led by Toyota Motor Corporation with participation from SPARX Group and return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI… Continue reading May Mobility Raises $50M in Series B Funding
Dyal Capital Partners Closes Fund IV, at Over $9.0 Billion
Dyal Capital Partners, a division of Neuberger Berman, a private, independent, employee-owned investment manager, closed Dyal Capital Partners IV with over $9.0 billion of committed capital. Fund IV is backed by a global investor base that includes sovereign wealth funds, public and corporate pension plans, endowments, foundations and family offices. Approximately 51% of the capital… Continue reading Dyal Capital Partners Closes Fund IV, at Over $9.0 Billion
Uberflip Buys SnapApp
Uberflip, a Toronto, Canada-based provider of a cloud content experience platform (CEP), acquired SnapApp, a Boston, MA-based provider of a solution for marketers to deliver sales leads. The amount of the deal was not disclosed. Through this acquisition, The acquisition further strengthens Uberflip’s ability to drive demand and revenue through personalized content experiences. Now, the… Continue reading Uberflip Buys SnapApp
Decibel Secures $17M in Series B Funding
Decibel, a London, UK-based provider of digital experience intelligence solutions, closed a $17m Series B funding. The round was led by Draper Esprit, with participation from Series A investors Eight Road Ventures and John Simon, via his Ventureforgood investment entity.In total, Decibel has raised $26m over two rounds. The company intends to use the funds… Continue reading Decibel Secures $17M in Series B Funding
Celonis Raises $290M; Valued at $2.5 Billion
Celonis, a Munich and New York-based provider of AI-enhanced Process Mining and Process Excellence software, raised approximately $290m in Series C funding. The round, which brings total funding to approximately $370m and valued the company at $2.5 billion, was led by Arena Holdings with participation from Accel, 83North, as well as:– Ryan Smith, co-founder and… Continue reading Celonis Raises $290M; Valued at $2.5 Billion