Lux Capital, a venture capital firm based in New York City and Silicon Valley investing in counter-conventional, seed and early stage science and technology ventures, raised over $1.050 billion for two new funds. The vehicles include:– a $500m sixth early-stage fund, and– a $550m second opportunity fund focused on growth-stage investments. LPs include major medical… Continue reading Lux Capital Raises Over $1.050 Billion for Two New Funds
Author: FINSMES Online News
Equiem Secures Over $8.4M in Funding
Equiem, a New York-based provider of tenant experience technology and services for commercial real estate, secured over $8.4m in funding. Backers in the round, which brought the total amount raised to date by the company to over $20m, included the Grollo Group, Salta Capital, Aconex Founder and CEO Leigh Jasper, Perennial Value, and Regal Funds… Continue reading Equiem Secures Over $8.4M in Funding
Carwow Raises £25M Strategic Financing Round
Carwow, a London, UK-based car marketplace, raised £25m strategic financing round. The round was led by Daimler with participation from Balderton, Accel and Vitruvian. In conjunction with the funding, Daimler executive Axel Harries will join Carwow’s board of directors. The company intends to use the funds to continue to expand operations and business reach and… Continue reading Carwow Raises £25M Strategic Financing Round
Recogni Raises $25M in Series A Funding
Recogni, Inc., a San Jose, CA-based designer of a vision-oriented artificial intelligence platform for autonomous vehicles, raised $25m in Series A financing. The round was led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit and DNS Capital. The company intends to use the funds to continue to develop its… Continue reading Recogni Raises $25M in Series A Funding
Toyota Invests $600m in DiDi Chuxing
[from left to right] Stephen Zhu, Senior Vice President of Didi Chuxing; Shigeki Tomoyama, Executive Vice President of Toyota Motor Corporation Toyota Motor Corporation and Didi Chuxing have expanded their collaboration in Mobility as a Service (MaaS) in China. As part of this deal, Toyota will invest $600m (approximately 66 billion yen) in DiDi and… Continue reading Toyota Invests $600m in DiDi Chuxing
Freedom Robotics Closes $6.6M Seed Funding Round
Freedom Robotics, a San Francisco, CA-based provider of cloud and on-device software for monitoring, control and management of robots and robotic fleets, closed a $6.6M seed funding. The round was led by Initialized Capital, with participation from Toyota AI Ventures, Liquid 2 Ventures, Andrew Miklas from S28 Capital, and James Lindenbaum, and existing investors Green… Continue reading Freedom Robotics Closes $6.6M Seed Funding Round
UVeye Raises $31m in Funding
UVeye, a Stamford, Connecticut and Tel Aviv, Israel-based company which provides solutions for automatic external inspection of vehicles, raised an additional $31m in funding. The round, which brought total funds raised since 2017 to $35m, was led by Toyota Tsusho, Volvo Cars and W. R. Berkley Corporation. Led by Amir Hever, CEO, UVeye has developed… Continue reading UVeye Raises $31m in Funding
Xometry Receives $5M Investment from Robert Bosch Venture Capital
Xometry, a Gaithersburg, MD-based large on-demand manufacturing marketplace, received an approx. $5m investment from Robert Bosch Venture Capital. RBVC will join the company’s recently announced Series D round. This additional investment brings the total amount raised in the Series D to $55MM. Xometry has raised $118MM overall. Led by Randy Altschuler, co-founder and CEO, Xometry… Continue reading Xometry Receives $5M Investment from Robert Bosch Venture Capital
Powerhive Closes US$9.3M Series B Funding
Powerhive, a Berkeley, CA-based energy solutions and technology provider for emerging markets, closed an US$9.3m Series B round of funding. Backers included Toyota Tsusho Corporation (Toyota Tsusho), a general trading company and a member of Toyota Group, Kouros, To:org, as well as existing investors Tao Capital, James Sandler, Prelude Ventures, Caterpillar Ventures, and Total Energy… Continue reading Powerhive Closes US$9.3M Series B Funding
Maniv Mobility Closes Second Venture Capital Fund, at $100M
Maniv Mobility, a Tel Aviv, Israel-based mobility venture capital firm, closed its second fund, at $100M. Limited partners include Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, Aptiv, BMW i Ventures, Hyundai Motor Group, Lear Corp, LG Electronics, Shell Ventures and Valeo, Deutsche Bahn Digital Ventures, the venture arm of the German rail and… Continue reading Maniv Mobility Closes Second Venture Capital Fund, at $100M