Intuition Robotics, a Ramat Gan, Israel-based developer of digital companion technologies, raised $36M in Series B funding. The round, which brought total funding to $58M, was co-led by SPARX Group and OurCrowd, with participation from Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta. In conjunction… Continue reading Intuition Robotics Raises $36M in Series B Funding
Author: FINSMES Online News
Carbon Relay Raises $63M in Funding
Carbon Relay, a Boston, MA and Washington, DC-based provider of a solution to optimize application performance in Kubernetes environments, raised $63m in funding. Insight Partners made the investment. The company intends to use the funds to accelerate the growth of its Red Sky Ops solution for optimizing application performance in Kubernetes environments. Founded in 2015… Continue reading Carbon Relay Raises $63M in Funding
ClearMetal Raises $15M in Funding
ClearMetal, a San Francisco, CA-based Continuous Delivery Experience (CDX) platform, received an additional $15m in funding. The round, which brought the total capital raised to date to more than $31m, was led by Eclipse Ventures, with participation from Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis,… Continue reading ClearMetal Raises $15M in Funding
Cynbiose Receives €1.9m in Funding
Cynbiose, a Marcy l’Etoile, France-based service company specializing in the development and commercialization of innovative preclinical models, procured financing of €1.9m ($2.1M) under the third phase of the French Program ‘Investment for the Future’ (PiA3). These funds will make it possible to launch CYNBIOME, a network on microbiota and infectious diseases based on the Non-Human… Continue reading Cynbiose Receives €1.9m in Funding
Mammoth Biosciences Raises $45M in Series B Funding Round
Mammoth Biosciences, a South San Francisco, CA-based developer of a CRISPR-based disease detection platform, raised $45m in Series B funding. The round was led by Decheng Capital with participation from Mayfield, NFX, Verily, Brook Byers, Plum Alley, Pacific 8, aMoon, and others. The company will use the funds to accelerate development of CRISPR diagnostics and… Continue reading Mammoth Biosciences Raises $45M in Series B Funding Round
Neighbor.com Raises $10M in Series A Funding
Neighbor.com, a Lehi, Utah-based self-storage marketplace, closed a $10m Series A funding. The round was led by Andreessen Horowitz, with participation from Nate Bosshard, former partner at Khosla Ventures and co-founder of Tonal, as well as Ryan Graves, Uber’s first CEO. In conjunction with the funding, Jeff Jordan, managing partner at Andreessen Horowitz, will join… Continue reading Neighbor.com Raises $10M in Series A Funding
Sendy Raises $20M in Series B Funding
Sendy, a Nairobi, Kenya logistics startup providing a delivery solution for business, raised $20m in Series B funding. The round was led by Atlantica Ventures, with participation from Toyota Tsusho Corporation, Asia Africa Investment, Sunu Capital, Enza Capital, Vested World and Kepple Capital. The company intends to use the funds to continue to grow operations,… Continue reading Sendy Raises $20M in Series B Funding
Axle Raises $1.4M in Pre Seed Funding
Axle, a NYC-based financial partner for modern freight brokers, raised $1.4m in pre-seed funding. The round was led by Trucks Venture Capital, with participation from Plug and Play Ventures, 37 Angels, Fontinalis Partners, and Techstars. The company intends to use the funds to grow the team of transportation and finance experts and to reach more… Continue reading Axle Raises $1.4M in Pre Seed Funding
Busuu Acquires Verbling
Busuu, a London, UK-based language-learning platform, acquired Verbling, a San Francisco, CA-based live video tutoring company, for a double-digit million amount. With the acquisition, Busuu will expand into the live video tutoring space for its consumer users and corporate clients. Following the acquisition, Verbling’s team members, including co-founders Mikael Bernstein (CEO) and Gustav Rydstedt (CTO)… Continue reading Busuu Acquires Verbling
Moody’s Buys Risk Intelligence Technology Company RDC
RDC, a provider of risk intelligence compliance screening solutions located in the greater Philadelphia area, is to be acquired by Moody’s Corporation (NYSE:MCO). The amount of the deal was not disclosed. Moody’s will be acquiring RDC from Vista Equity Partners. Led by CEO Tom Walsh, RDC is a compliance screening company that provides anti-money laundering… Continue reading Moody’s Buys Risk Intelligence Technology Company RDC