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
Author: FINSMES Online News
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
PayByPhone UK Acquires Mirada Connect
PayByPhone UK Ltd, a mobile parking payments company and a subsidiary of Volkswagen Financial Services, acquired Mirada Connect Ltd, a provider of cashless parking services through Connect Cashless Parking, from Mirada plc (AIM: MIRA). The amount of rhe deal was not disclosed. The acquisition, the first for PayByPhone UK under Volkswagen Financial Services ownership, represents… Continue reading PayByPhone UK Acquires Mirada Connect
Spring Labs Raises $23M in Series A Funding
Spring Labs, a Chicago, IL- and Los Angeles, CA-based developer of a blockchain-based platform to share information and data globally, raised $23m in Series A funding. The round was led by GreatPoint Ventures with participation from existing investors August Capital, as well as General Motors Ventures, the corporate venture capital arm of General Motors, RRE… Continue reading Spring Labs Raises $23M in Series A Funding
Gatik Launches with $4.5M in Seed Funding
Gatik, a Palo Alto, CA-based startup deploying autonomous vehicles for business to business (B2B) short-haul logistics, launched with a $4.5m seed funding round. The round, completed last year, was led by Innovation Endeavors, with participation from Trucks Venture Capital; Dynamo Venture Capital; Fontinalis Partners; and AngelPad. Founded in 2017 and led by Gautam Narang (CEO),… Continue reading Gatik Launches with $4.5M in Seed Funding
Yellowbrick Data Raises $81M in Series C Funding
Yellowbrick Data, a Palo Alto, California-based provider of data warehousing for the enterprise analytics market, raised $81m in Series C funding. The round was led by DFJ Growth, with participation from IVP and BMW i Ventures and existing investors Next47, Third Point Ventures, Menlo Ventures, Threshold Ventures and GV. The company, which has now raised… Continue reading Yellowbrick Data Raises $81M in Series C Funding
moovel Acquires Validated, Becomes Reach Now
moovel (becoming Reach Now), a Portland, Ore.-based provider of mobile ticketing solutions in North America, acquired Validated, a technology platform that allows businesses, universities, retailers and restaurants to subsidize transportation for customers and employees and drive retail traffic to brick-and-mortar stores by offering ride subsidies to users of shared mobility services. The amount of the… Continue reading moovel Acquires Validated, Becomes Reach Now
Uzurv Raises $5M in Series A Financing
Uzurv Holdings, Inc., a Richmond, VA-based technology company focused on the ADA and Non-Emergency Medical Transportation (NEMT) markets, closed a $5m series A financing round. The round was led by former Admiral Group CEO, Henry Engelhardt and his wife Diane Briere de l’isle-Engelhardt. Henry Engelhardt serves on UZURV’s Board of Directors. The company intends to… Continue reading Uzurv Raises $5M in Series A Financing
Xometry Raises $50M in Equity Funding
Xometry, a Gaithersburg, MD-based on-demand manufacturing marketplace, raised $50M in equity funding. The round, which brought total funding raised to date to $113m, was led by Greenspring Associates, with participation from Dell Technologies Capital and previous venture and strategic investors BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund and Almaz… Continue reading Xometry Raises $50M in Equity Funding
Uber Begins Trading on NYSE
Today, Uber Technologies, Inc., started trading on NYSE. Its IPO offers 180,000,000 shares of its common stock at a price to the public of $45.00 per share. The underwriters have been granted a 30-day option to purchase up to an additional 27,000,000 shares from certain selling stockholders at the initial public offering price less underwriting… Continue reading Uber Begins Trading on NYSE