Cabana, a Seattle, WA-based travel-tech startup, raised $3.5m in seed funding round. The round was led by Craft Ventures, with participation from Goldcrest Capital, Travis VanderZanden, CEO & Founder at Bird, and Sunny Madra, Vice President Ford X at Ford Motor Company. The company intends to use the funds to scale operations, and offer its… Continue reading Cabana Raises $3.5M in Seed Funding Round
Author: FINSMES Online News
Ziva Dynamics Raises $7M in Seed Funding
Ziva Dynamics, Vancouver, British Columbia, Canada-based creators of Hollywood’s most advanced character simulation software, closed a $7m seed funding. The round was led by Grishin Robotics, Toyota AI Ventures and Millennium Technology Value Partners’ New Horizons Fund. The company intends to use the funds to make key hires, advance development on its real-time digital character… Continue reading Ziva Dynamics Raises $7M in Seed Funding
IRP Systems Raises $17M in Series B Funding
IRP Systems, a Tel Aviv, Israel-based provider of innovative electric powertrain products for e-mobility, raised $17M in Series B funding. The round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the… Continue reading IRP Systems Raises $17M in Series B Funding
Autotech Ventures Closes Over $150M Fund
Autotech Ventures, a Menlo Park, CA-based mobility focused venture capital firm, closed its $150M+ Fund II. LPs include both financial and corporate investors and other leaders from vehicle manufacturers, parts suppliers, repair shop chains, leasing corporations, dealership groups, and trucking firms. The fund will invest in early-stage startups with a focus on connectivity, autonomy, shared-use… Continue reading Autotech Ventures Closes Over $150M Fund
Auto Service Finance Raises Over £14M in Debt and Equity Funding
Auto Service Finance, a London, UK-based automotive payment provider, raised over £14m in debt and equity funding. The company secured £850k through equity given to private investors, taking its total investment to £4m since its launch, as well as a further £13.3m debt facility provided by London based Naviter Capital, which is also one of… Continue reading Auto Service Finance Raises Over £14M in Debt and Equity Funding
Autofleet Raises $7.5M in Series A Funding
Autofleet, a Tel Aviv, Israel-based provider of AI-powered fleet optimization and vehicle-as-a-service solutions, raised $7.5m in Series A and seed financing. The Series A was led by MizMaa Ventures with participation from mobility-focused investors Maniv Mobility, Next Gear Ventures and Liil Ventures. The seed financing was led by Maniv Mobility. The company intends to use… Continue reading Autofleet Raises $7.5M in Series A Funding
Phantom AI Raises $22M in Series A Funding
Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series A financing . The round, which brought the total capital raised to date to $27m, was led by Celeres Investments with participation from Ford Motor Company and KT (Korea’s largest telco) and existing investors Millennium Technology Value Partners and… Continue reading Phantom AI Raises $22M in Series A Funding
Wunder Mobility Acquires Keaz
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
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