Proscia, a Philadelphia, PA-based developer of digital pathology software, closed an $8.3m Series A financing. The round was led by Flybridge Capital Partners with participation from Emerald Development Managers, Fusion Fund, Razor’s Edge Ventures, and RobinHood Ventures. As part of the funding, Chip Hazard and Tom Loftus, Chief Technologist at Razor’s Edge Ventures, have joined… Continue reading Proscia Closes $8.3M Series A Round of Financing
Author: FINSMES Online News
On-Demand Ride App Migo Raises $9M in Series A
Migo, a Seattle, WA-based provider of a free mobile app for on-demand rides and of a Mobility-as-a-Service (MaaS) platform, raised $9m in Series A funding. Backers included new investors Clayton Venture Partners, the venture capital arm of Enterprise Holdings Inc., Hyundai Cradle, and Thayer Ventures, and existing investors Second Avenue Partners, Via-ID, Rolling Bay Ventures,… Continue reading On-Demand Ride App Migo Raises $9M in Series A
ShipBob Raises $40M in Series C Funding
ShipBob, a Chicago, IL-based technology company that streamlines fulfillment by bringing next-day and two-day shipping options to ecommerce businesses, raised $40m in Series C funding. The round was led by Menlo Ventures with participation from existing investors Bain Capital Ventures, Hyde Park Venture Partners, Hyde Park Angels and Y Combinator. In conjunction with the funding,… Continue reading ShipBob Raises $40M in Series C Funding
DrayNow Raises $5M in Series A Financing
DrayNow, a Philadelphia, PA-based intermodal freight marketplace, completed its $5m Series A funding. The round was led by Comcast Ventures with participation from Osage Venture Partners. The company intends to use the funds to grow its team and accelerate expansion into new geographies. Led by Mike Albert, founder and CEO, DrayNow provides a real-time marketplace… Continue reading DrayNow Raises $5M in Series A Financing
Carsharing Leader Getaround Raises $300M in Series D
Getaround, a San Francisco, CA-based carsharing platform that allows users to rent and drive cars shared by people in their city, raised $300m in Series D financing. The round was led by SoftBank, with participation from Toyota Motor Corporation, and inside investors. The company intends to use the funds to continue growing and expanding into… Continue reading Carsharing Leader Getaround Raises $300M in Series D
Ride Hailing App Gett Raises $80M in Funding
Gett, a global ride hailing app provider, raised $80m in funding. The round valued the company at $1.4 billion. Backers included Volkswagen (VOWG_p.DE) and Access Industries. The company, which has raised over $700m in funding, including $300m from Volkswagen in 2016, intends to use the capital to continue to grow the business. Led by founder… Continue reading Ride Hailing App Gett Raises $80M in Funding
Hailo Raises $12.5M in Series A Funding
Hailo, a Tel Aviv, Israel-based company developing a proprietary chip for deep learning on edge devices, completed a $12.5m Series A funding round. Backers included Ourcrowd.com, Maniv Mobility, the Drive accelerator fund: Next Gear; as well as angel investors Hailo Chairman Zohar Zisapel and Delek Motors CEO Gil Agmon. The company, which has raised $16m… Continue reading Hailo Raises $12.5M in Series A Funding
Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding
Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding
Taxify Raises $175M in Funding; Valued at $1 Billion
Taxify, an Estonia-based taxi hailing company, raised $175m in funding. The round, which brings Taxify’s valuation to $1 billion, was led by Daimler, with participation from Korelya Capital, and Taavet Hinrikus, which joined existing investors Didi Chuxing. In conjunction with the funding, Daimler will join Taxify’s board. The company intends to use the funds to… Continue reading Taxify Raises $175M in Funding; Valued at $1 Billion
Cyber Security Company Blackpoint Cyber Raises $6M in Funding
Blackpoint, an Ellicott City, Md.-based cyber security company offering patented lateral spread detection and network visualization, raised $6m in funding. The round was led by Adelphi Capital and Telcom Ventures with participation from Maryland Venture Fund. The company intends to use the funds to accelerate its sales and marketing efforts, to scale in U.S. and… Continue reading Cyber Security Company Blackpoint Cyber Raises $6M in Funding