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
Author: FINSMES Online News
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
Affectiva Raises $26M in Funding
Affectiva, a Boston, MA-based Human Perception AI company, closed $26m in funding. The round, which brought the total invested in Affectiva to $53m, was led by Aptiv PLC (NYSE: APTV), as well as Trend Forward Capital, Motley Fool Ventures and CAC. The company intends to use the funds to accelerate and scale its perceptive technology… Continue reading Affectiva Raises $26M in Funding
Zūm Raises $40M in Series C Financing
Zūm, a Redwood City, Calif.-based logistics platform for rides for school districts and busy families, received $40m in Series C funding. The round, which brought total funding to $67m, was led by BMW i Ventures with participation from new investors NGP Capital, Volvo Cars Tech Fund, Clearvision, Draper Nexus and existing investors Sequoia Capital and… Continue reading Zūm Raises $40M in Series C Financing
Antler Launches in Amsterdam, London and Sydney
After launching programs in Singapore and Stockholm, global startup generator and early-stage VC Antler today debuts in Amsterdam, London and Sydney. Founded by Magnus Grimeland, co-founder of Zalora, the Rocket Internet VC backed e-commerce platform, Antler builds companies from the ground up, starting with one ambitious individual with a specific skill, strong inner drive and… Continue reading Antler Launches in Amsterdam, London and Sydney
PowerShare Raises Series A Funding Round
PowerShare, an electric vehicle (EV) charging platform startup based in China, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi. The investment is part of the company’s Series A round, led by BP’s venturing business, BP Ventures, wwith participation from Detong Capital Partners. The amount of the deal was not disclosed.… Continue reading PowerShare Raises Series A Funding Round
C2A Security Raises $6.5M in Series A Funding Round
C2A Security, an Israeli startup providing in-vehicle solutions preventing life-threatening cyberattacks, closed a $6.5m Series A funding round. The round was led by Maniv Mobility and ICV with participation from Labs/02. The company plans to utilize the new funding to grow its R&D team and support its customer base. Led by Michael Dick, Founder and… Continue reading C2A Security Raises $6.5M in Series A Funding Round
Deepomatic Raises €6.2M in Series A Funding
Deepomatic, a Paris, France-based provider of a deep learning platform allowing companies to create and deploy image and video recognition applications at scale, raised 6.2m€ in series A funding. The round was led by Hi inov Dentressangle, with participation from historical investors Alven and former Talend CEO Bertrand Diard. The company intends to use the… Continue reading Deepomatic Raises €6.2M in Series A Funding
Ike Raises $52M in Series A Funding
Ike, a San Francisco, CA-based autonomous trucking startup, raised $52m in Series A funding. The round was led by Bain Capital Ventures with participation from Redpoint Ventures, Fontinalis Partners, Basis Set Ventures, and Neo. In conjunction with the funding, Bain Capital Ventures partner Ajay Agarwal joined Ike’s board. The company intends to use the funds… Continue reading Ike Raises $52M in Series A Funding