Finout, a Tel Aviv, Israel-based FinOps-for-enterprise platform, raised $40M in Series C funding. The round was led by Insight Partners, with participation from Pitango, Team8, Red Dot Capital, and Maor Investments. The company intends to use the funds to expand operations and its development efforts. Led by CEO Roi Ravhon, Finout develops a cloud cost… Continue reading Finout Raises $40M in Series C Funding
Author: FINSMES Online News
UVeye Raises $191M in Funding
UVeye, a Teaneck, NJ-based AI-driven vehicle inspection technology company, raised $191M in funding. The round, which brought the total amount to $380.5M, was led by Woven Capital with participation from UMC Capital and MyBerg along with existing investors W.R. Berkley, Menora Mivtachim, and More Investment House for $41M in equity financing; Trinity Capital structured the $150M debt facility. The company intends to use the funds to expand globally, increase large-scale… Continue reading UVeye Raises $191M in Funding
Mangrove Lithium Raises $35M in Strategic Financing
Mangrove Lithium, a Delta, BC, Canada-based lithium conversion company, raised $35M in Strategic funding. Backers included Mitsubishi Corporation, Asahi Kasei Corporation, InBC Investment Corp., Orion Industrial Ventures, Export Development Canada, Breakthrough Energy Ventures, BMW i Ventures, and BDC Capital. The company intends to use the funds to expand operations and its development efforts. Led by… Continue reading Mangrove Lithium Raises $35M in Strategic Financing
Earth AI Raising $20M in Series B Funding
Earth AI, San Mateo, CA-based predictive explorer for clean energy metals, raised $20M in Series B funding. The round was led by Tamarack Global and Cantos Ventures. Other investors included Overmatch, Alpaca, Sparkwave Capital, and support from existing investors including Y Combinator and Scrum Ventures. The company intends to use the funds to drive AI… Continue reading Earth AI Raising $20M in Series B Funding
Shift4Good Closes First fund, at €220M
Shift4Good, a Paris, France and Singapore-based global impact investment fund dedicated to decarbonizing the transportation sector, closed its first fund, at €220m. The fund’s diverse investor base includes Tier-1 corporates, institutional investors, and family offices from Europe and Asia. Notable LPs include Renault Group, BNP Paribas Group, Bpifrance, European Investment Fund (EIF), Edenred, PSA Ventures… Continue reading Shift4Good Closes First fund, at €220M
Shift4Good’s first fund closes at €220 million to drive sustainable transportation solutions
Shift4Good, a global impact investment fund based in Paris and dedicated to decarbonising the transportation sector, has successfully closed its first fund at €220 million, surpassing its fundraising target. The fund focuses on Series A and Series B investments with ticket sizes ranging from €4 million to €20 million, targeting transformative startups across rail, road,… Continue reading Shift4Good’s first fund closes at €220 million to drive sustainable transportation solutions
Cyclic Materials Receives $2M from InMotion Ventures
Cyclic Materials, a Toronto, Canada-based recycling company building a circular supply chain for Rare Earth Elements and other critical materials, received $2M from InMotion Ventures. This latest funding brought the company’s Series B round to $55m. The company intends to use the funds to support the opening of its first commercial facilities in the US… Continue reading Cyclic Materials Receives $2M from InMotion Ventures
StructuredWeb Raises $30M in Funding
StructuredWeb, NYC-based company which specializes in AI-powered channel sales and marketing SaaS solutions, raised $30M in funding. The round was led by Invictus Growth Partners. In connection with the investment, Invictus Co-Founders and Managing Partners John DeLoche and William Nettles have joined StructuredWeb’s Board of Directors. The company intends to use the funds to accelerate its… Continue reading StructuredWeb Raises $30M in Funding
Databricks Receives USD5.25 Billion Credit Facility; Closes $15B Series J Financing
Databricks, a San Francisco, CA-based data and AI company, received a USD5.25 billion credity facility and closed its Series J funding. The credit facility, led by JPMorgan Chase alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, included a $2.5 billion unfunded revolver and a $2.75 billion term loan. It added to the previously announced $10 Billion in equity financing. Existing investor… Continue reading Databricks Receives USD5.25 Billion Credit Facility; Closes $15B Series J Financing
Sereact Raises €25M in Series A Funding
Sereact, a Stuttgart, Germany robotics company, raised €25m in Series A funding. The round was led by Creandum, with participation from existing investors Point Nine and Air Street Capital, and business angels including former Formula 1 World Champion Nico Rosberg, Mehdi Ghissassi (ex Google DeepMind), Ott Kaukver (Skype), Lars Nordwall (ex neo4j), Rubin Ritter (ex Zalando), Torsten… Continue reading Sereact Raises €25M in Series A Funding