Humatics Corporation, a Waltham, MA-based developer of microlocation products and software, raised $28M in Series A1 financing. The round, which brought total financing to more than $50M, was led by Tenfore Holdings, with participation from Blackhorn Ventures, JCI Ventures, Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures, and Presidio Ventures, with Silicon Valley Bank providing a… Continue reading Humatics Raises $28M in Series A1 Financing
Author: FINSMES Online News
Sea Machines Raises $10M in Series A Funding
Sea Machines Robotics, a Boston, MA-based marine- and maritime-focused technology company, closed a $10m Series A funding. The round, which brought total capital raised to date to $12.5m, was led by Accomplice and Eniac Ventures, with participation from Toyota AI Ventures; Brunswick Corp., through investment partner TechNexus Venture Collaborative; NextGen VP, Geekdom Fund; LaunchCapital; LDV… Continue reading Sea Machines Raises $10M in Series A Funding
Wandelbots Secures €6M in Series A Funding
Wandelbots, a Dresden, Germany–based technology platform that enables AI-driven integration of robots by demonstration-based teaching, secured €6m in Series A funding. Backers included Paua Ventures, the EQT Ventures fund and existing investors. The company intends to use the funds to grow the team and expand its global presence. Founded in November 2017 by a team… Continue reading Wandelbots Secures €6M in Series A Funding
Stoneridge Invests $10M in Autotech Ventures’ Fund
Stoneridge, Inc. (NYSE: SRI) made a $10m investment in a fund managed by Autotech Ventures, a venture capital firm focused on ground transportation technology located in Menlo Park, California. The investment, which will be contributed over the expected 10-year life of the fund, is expected to provide the company with increased visibility to early-stage companies.… Continue reading Stoneridge Invests $10M in Autotech Ventures’ Fund
WaveOptics Raises $26m in Funding
WaveOptics, a London, UK-based designer and manufacturer of diffractive waveguides for use in Augmented Reality (AR) wearables, raised $26m (£20m). The round was led by Octopus Ventures, with participation from existing shareholders IP Group, Robert Bosch Venture Capital and Gobi Partners, as well as new investors Goertek and Optimas Capital Partners. The company intends to… Continue reading WaveOptics Raises $26m in Funding
Firefly Raises $21.5M in Seed Funding
Firefly, a San Francisco-based digital advertising platform for rideshare drivers, raised $21.5m in seed funding. The round was led by NFX, with participation from Pelion Venture Partners, Decent Capital, Jeffrey Housenbold, Cross Culture Ventures, Muse Capital, StartX and others. Founded in 2017 by CEO Kaan Gunay, Firefly allows rideshare drivers to make money through digital… Continue reading Firefly Raises $21.5M in Seed Funding
NavVis Raises $35.5M in Series C Funding
NavVis, a Munich, Germany-based indoor spatial intelligence platform, raised $35.5m in Series C funding. The round was led by Digital+ Partners, with participation from new investor Kozo Keikaku Engineering Inc. (KKE) and existing investors MIG, Target Partners and BayBG. The company intends to use the funds to accelerate international growth to meet the demand for… Continue reading NavVis Raises $35.5M in Series C Funding
Wise Systems Raises $7M in Series A Funding
Wise Systems, a Cambridge, Mass.-based maker of autonomous dispatch and routing software for high-performance delivery fleets, raised $7m in Series A funding. The round, which brought total funding raised to date to $8.5m, was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors E14 Fund, Neoteny, Trucks Venture Capital and Fontinalis… Continue reading Wise Systems Raises $7M in Series A Funding
Deputy Raises $81M in Series B Funding Round
Deputy, an Australian provider of a workforce management software platform, closed an $81m Series B funding. The round, which brought total funding raised to date to $106m, was led by IVP, with participation from OpenView, Square Peg Capital and EVP. The company intends to use the funds to accelerate growth, develop new products and build… Continue reading Deputy Raises $81M in Series B Funding Round
Didi Chuxing Launches DiDi Labs in Toronto
Didi Chuxing, a mobile transportation platform, officially launched its DiDi Labs in Toronto, Canada. This marks the second major research facility founded by DiDi in North America, following the establishment of DiDi Labs in Mountain View, California, in March 2017. Since its inception, DiDi Labs in Mountain View has invested in product development and safety… Continue reading Didi Chuxing Launches DiDi Labs in Toronto