Desktop Metal, a Burlington, MA-based metal 3D printing technology company, closed a $160m Series E funding round. The round was led by Koch Disruptive Technologies (KDT), with participation from GV (formerly Google Ventures), Panasonic, and Techtronic Industries, as well as previous venture capital investors Lux Capital, New Enterprise Associates (NEA) and Kleiner Perkins. The company,… Continue reading Desktop Metal Closes $160M Series E Funding Round
Author: FINSMES Online News
Tekion Receives Investment from Alliance Ventures
Tekion, a California-based company which brings connected digital experiences to automotive retail through Machine Learning and Artificial Intelligence capabilities, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi. The amount of the deal was not disclosed. Led by Founder and Chief Executive Officer, Tekion provides a cloud ML/AI, Big Data and… Continue reading Tekion Receives Investment from Alliance Ventures
Momentum Dynamics Receives Investment from Volvo Group Venture Capital
Momentum Dynamics, Inc., a Philadelphia, PA-based company developing high power wireless charging of electric vehicles, received an investment from Volvo Group Venture Capital AB, a subsidiary of the Volvo Group. The amount of the deal was not disclosed. Momentum Dynamics is developing and commercializing high power inductive charging for the automotive and transportation industries, especially… Continue reading Momentum Dynamics Receives Investment from Volvo Group Venture Capital
Houwzer Raises $4.5m in Additional Seed Funding
Houwzer, a Philadelphia, Pa.-based real estate tech company, raised $4.5m in an extension of its seed funding. Backers included:– Ben Franklin Capital Partners,– Admiral Capital Group, and– Ira Lubert, founder of private equity firm LLR Partners. The company will use the funds to continue to expand operations and its business reach. Led by Mike Maher,… Continue reading Houwzer Raises $4.5m in Additional Seed Funding
Emeritus Completes $40M Series C Funding
Emeritus, an edtech company that partners with U.S. and European universities to provide online courses to working professionals globally, completed a $40m Series C funding. The round was led by Sequoia India, with participation from existing investor Bertelsmann India Investments. The company intends to use the funds to create a more immersive and adaptive learning… Continue reading Emeritus Completes $40M Series C Funding
Humatics Raises $28M in Series A1 Financing
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
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