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
Author: FINSMES Online News
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
Cruise Raises $1.15 Billion in Funding
Cruise, a San Francisco, CA-based maker of self-driving, all-electric vehicles, received a $1.15 billion equity investment. Backers included a group comprising institutional investors, including funds and accounts advised by T. Rowe Price Associates, Inc., and existing partners General Motors, SoftBank Vision Fund and Honda. This investment increases the company’s post-money valuation to $19.0 billion, inclusive… Continue reading Cruise Raises $1.15 Billion in Funding
TransitScreen Raises $3M in Funding
TransitScreen, a Washington, DC-based provider of real-time transportation information software, closed a $3m funding round. Backers included Timia Capital. bringing the total to The company, which has raised $6.1m in total funding, intends to use the funds to enhance the capabilities of its mobile app CityMotion, continue hiring and increase its office space in Washington,… Continue reading TransitScreen Raises $3M in Funding
Tempo Raises £1.75M in Funding
Tempo, a London, UK-based intelligent, video-based hiring platform, raised £1.75m in funding. The round, which brought total funding raised to date to over £3m, was led by Hambro Perks and Michael and Derek Jacobson, with participation from Chris Bruce and Michael Whitfield, the founders of Thomsons Online Benefits. The company intends to use the funds… Continue reading Tempo Raises £1.75M in Funding
Bond Mobility Raises $20M in Series A Funding
Bond Mobility Inc., a Palo Alto, Calif.- and Zurich, Switzerland-based eBike sharing company that delivers high-performance micromobility services, closed $20m series A funding. The round was led by Toyota-affiliated auto supplier Denso‘s New Mobility Group out of its global headquarters in Japan, and Ininvest, which will use Bond’s technologies to accelerate the development of its… Continue reading Bond Mobility Raises $20M in Series A Funding
Zūm Secures Additional Funding from Citi Ventures
Zūm, a Redwood City, CA-based logistics platform for rides for school districts and families, secured additional funding from new investor Citi Ventures. The amount of the deal was not disclosed. It adds to the Series C round of $40m led by BMW i Ventures and supported by other new investors NGP Capital, Volvo Cars Tech… Continue reading Zūm Secures Additional Funding from Citi Ventures
Masabi Raises $20M in Funding
Masabi, a Software-as-a-Service (SaaS) ticketing and payments platform for public transport, raised $20m in growth funding. The round was led by Smedvig Capital with participation from MMC Ventures and other existing investors. The company intends to use the funds to accelerate global expansion of its mobility platform, Justride, and continue to bring digital transformation to… Continue reading Masabi Raises $20M in Funding
Wheely Secures $15M in Series B Funding
Wheely, a London, UK-based luxury ride hailing startup, raised $15m in Series B funding. The round was led by Concentric with participation from Oleg Tscheltzoff, Misha Sokolov and others. The company intends to use the funds to continue to expand its reach, starting with Paris in the next summer. Founded in 2010 by Anton Chirkunov,… Continue reading Wheely Secures $15M in Series B Funding
Nethone Closes Over $1M First External Financing
Nethone, a Warsaw, Poland-based KYU (Know Your User) company which uses artificial intelligence to detect fraud in online transactions, raised over $1m in the first round of financing. Innovation Nest made the investment. The company intends to use the funds to expand its operations and grow in new markets. Established in 2016 by Daftcode –… Continue reading Nethone Closes Over $1M First External Financing