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BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . I should know, I covered the petrochemical industry in the late 1990s).
In May of last year, Covariant announced that it had raised a $40 million Series B. Companies across multiple industries had already been looking to realize significant gains with AI robotics and with COVID-19, market demands then increased by an order of magnitude,” president, chief scientist and co-founder Pieter Abbeel tells TechCrunch.
Briq , which has developed a fintech platform used by the construction industry, has raised $30 million in a Series B funding round led by Tiger Global Management. trillion-dollar industry. Briq, the next building block in tech’s reconstruction of the construction business, raises $3 million. Some context.
Travel tech company Hopper has raised a $175 million Series G , the company said today. That’s nearly the same amount it raised in a Series F round that closed earlier this year. These are indeed new funds, however, bringing its total raised to date to nearly $600 million, with the company now valued at over $3.5
Superscript , an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding. Germany’s Wefox last year raised $400 million at $4.5 ” The company had previously raised around $24.4 The underwriting factor.
Dovetail is currently raising a $10 million AUD (about $7.5 As buy now, pay later startups keep raising capital, a dive into Klarna, Afterpay and Affirm’s earnings. “By companies, but its venture studio is currently focused on Australasian startups, with plans to expand into NorthAmerica in the future. “We
You can participate in person at the American Society of Anesthesiologists, 1061 American Lane in Schaumburg, IL, or online.orgCommunity was created to keep the excitement of our industry alive and growing. Navigate Industry 4.0 But Industry 4.0 The use of AI in IP also raises additional questions. leadership.
ChargeLab , a Toronto-based startup that builds software to operate and optimize electric vehicle charging equipment for fleets and commercial customers, has raised a $15 million Series A round. Lefevre says ChargeLab’s software is currently inside thousands of devices in NorthAmerica, but has yet to surpass the 10,000 charger mark.
This year’s top auctioneers are driving impactful change, raising crucial funds and leveraging their expertise to make a difference for great causes worldwide. In fact, she will often offer a surprise song during fundraising to encourage more donations – her songs have raised up to an additional $10,000 for her beloved clients!
Freight transportation-focused Rose Rocket recently raised a $25 million round. Per venture data aggregated by Carta , average logistics-themed Series A rounds since the start of 2020 have sported median cash raises of $8 million and post-money valuations of around $50 million. We should probably pay it more heed.
Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. The company raised a $2.5 million seed funding round led by TenOneTen Ventures, taking its total funding raised to $3.3 noissue raises $10M Series A to expand its global sustainable packaging platform.
“Industrial managers of any kind need traceability of work orders, and need to know the health of their machines from kilometers away from the operations,” Marinelli said. “[W]ithout the proper combination of hardware and software, you can’t solve the industry’s real challenge.” billion by 2025.
Today, one of such, MAGIC Fund , a global collective of founders, is announcing that it has raised a second fund of $30 million to continue backing early-stage startups across Africa, Europe, Latin America, NorthAmerica, and Southeast Asia. Thus, they decided to create MAGIC. Image Credits: MAGIC Fund.
Additionally, the Swedish company said that it has also secured $300 million in debt funding led by Barclays Europe, which will be used substantively to bolster its fleet of vehicles as it extends further into new and existing markets across Europe and NorthAmerica. Einride in action Image Credits : Einride.
Siga OT Solutions, an Israeli cybersecurity startup that helps organizations secure their operations by monitoring the raw electric signals of critical industrial assets, has raised $8.1 Read more: Industrial cybersecurity startup Nozomi Networks secures $100M in pre-IPO funding. million in Series B funding.
Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hopper today announced that it closed a $96 million follow-on investment from Capital One, bringing the company’s total raised to $740 million. Image Credits: Hopper. billion this year. — plans to eventually go public.
Battery Resourcers , a startup that’s developing a closed-loop approach to lithium-ion battery materials, has raised $70 million in mid-round funding to scale its commercial operations across two continents. The company, which is based in Worcester, Massachusetts, doesn’t just recycle batteries.
Cylus will use the current funding to fuel its growth globally in NorthAmerica, Europe, and the Asia Pacific. The railways are such an essential part of our critical infrastructure, and really, of our everyday lives, that it is crucial that this industry gets the level of cyber protection it demands and needs,” Levintal said. .
The startup has raised $150 million, a Series D round of funding that values the company at over $1.4 The round comes less than a year after its previous round — a $65 million Series C that it raised last April. “We are preparing to scale to meet all of the digital opportunities in the food hospitality industry.”
Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. This is Hopper’s second raise in a year that has been marked by turmoil for the travel industry, owing to the disruptions caused by the global COVID-19 pandemic. Now, with the U.S. Image Credits: Hopper.
ChargeLab , which has raised $4.3 The big industrial manufacturer is getting ready to launch their next charging product in NorthAmerica. The company had raised a pre-seed round of $1.1 These companies are developing proprietary ecosystems that work for their own equipment but don’t interoperate.
trillion consumer products industry can more accurately measure and reduce their carbon footprint. Planet FWD, aided by an acquisition of climate tech startup CleanMetrics in 2021, also amassed what Collins touts as the “largest Life Cycle Analysis database for agricultural production systems in NorthAmerica.”
Fast-forward a few years and EverestLabs has achieved “significant momentum,” Ambati claims, pointing to customer deployments in NorthAmerica, including SIMS Sunset Park in Brooklyn, one of the larger plant operators in the region. million Series A round that brings the company’s total raised to $24.63
John’s, Newfoundland and Labrador, the easternmost point of Canada and NorthAmerica. After the collapse of the cod fishing industry in the 1990s followed by the migration of shipbuilding to Asia, Atlantic Canada defined itself as the have-not region of America’s rational northern neighbor. venture capital.
It has raised a $6.2 And also much larger product offering as we are going to serve not only people in fashion but in every industry where anyone wants to export African products,” CEO Taboure told TechCrunch in an interview. In total, the company, which LoftyInc Capital and other local investors back , has raised $8.1
Ottonomy.IO , a startup working on solving delivery problems using autonomous robots, has raised $3.3 The company said it was also working with top Fortune 500 companies in retail and restaurant industries across NorthAmerica to widen its market, though it declined to identify them. ” Ottonomy.IO
Doosan also notes in a release that its robotics systems have hit 1,000 units annually, while sales outside of Korea (primarily NorthAmerica and Western Europe) now account for roughly 70% of that total figure. The company is also in the process of eyeing an IPO.
Case in point, DataDome, a provider of bot protection services for mobile apps, websites and APIs, has raised $42 million in a Series C round led by InfraVia Growth with participation from Elephant and ISAI. “This round brings our total raised to $82 million,” Fabre told TechCrunch in an email interview.
Practice ignition , an Australia-based client engagement and commerce platform for professional service businesses, has raised $50 million (65 million AUD) in a Series C round to accelerate its growth and expand globally. It brings the startup’s total raised to $75 million, said Guy Pearson, CEO and founder of Practice Ignition.
The gradual return of tourism and travel in the wake of the COVID-19 pandemic continues to see a wave of startups raising rounds of funding to meet new opportunities in the market. It too recently raised a significant round of $80 million just last month. It has set ambitious targets to treble its growth in 2022. ”
It has now raised over $240 million to date. Quantexa raises $64.7M and Australian banks and six of the top 14 financial institutions in NorthAmerica among its customers. “That has been substantial. to bring big data intelligence to risk analysis and investigations.
Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. Now, Federato is raising new capital to grow the business.
In the construction industry, managers can become disconnected from what’s happening on-site — particularly when dealing with pandemic-related disruptions. Buildots today announced that it raised $60 million in a Series C round co-led by Viola Growth and Eyal Ofer’s O.G. Image Credits: Buildots.
The company, which uses a combination of computer vision and machine learning to create a system that can quickly and accurately inspect vehicles, has raised $100 million in a Series D funding round led by Hanaco VC, a venture capital firm based in New York and Tel Aviv. Existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T.
Addressing agricultures labor challenges, Seso offers software now used by one-third of Americas 100 largest agricultural employers to streamline the H-2A visa process for migrant farmworkersa workforce the industry relies on heavily, at a time when its become a cultural flashpoint.
Samsara Eco , an Australian startup that uses enzyme-based technology to break down plastic into its core molecules, announced today it has raised $54 million AUD (about $34.7 TechCrunch last covered the startup when it raised $6 million earlier this year. The fashion industry accounts for about 10% of global CO 2 emissions.
Bangalore-based Zetwerk said on Monday it has raised $150 million in a Series E financing round led by New York-based D1 Capital Partners. India’s Zetwerk raises $120 million to scale its B2B marketplace for manufacturing parts. The new investment values Zetwerk at $1.33
Through our new headquarters in New York, we want to build a strong customer base in NorthAmerica by our product available to US enterprises,” Gupta told TechCrunch. “We want to double down and scale operations in both Indian and global markets. We are also planning on increasing our employee headcount. million Series A, in May 2020.
Bridgit , a “workforce intelligence” technology company that is focused on the construction industry, announced today that it has raised CAD$24 million, or about US$19.4 Camber Creek and Storm Ventures co-led the financing, which brings the Toronto-based startup’s total raised to more than CAD$35 million.
MGA Thermal announced today it has raised $8 million AUD (about $5.9 based Peregrine Turbine Technologies to deploy its tech in Australia, Europe and NorthAmerica. The modular blocks also make it easier to convert infrastructure, like coal-fired power plants, into grid-scale energy storage.
It has raised very little in funding (around $2 million) before this, at one point trying to raise an angel round but cancelling the process before it completed, according to filings tracked by PitchBook. Jobber raises $60M as its platform for home services professionals hits 100K users.
This new growing affair between Israel and China is extremely important to the Israeli technology industry, which is always seeking new markets and lacks capital. On one of these flights I met Eden, the CEO of an Israeli next-gen hardware company focusing on the gaming consuls industry. billion people in 2009 to 4.9 billion in 2030.
It previously raised its Series A in January 2019, and Ward said the driver for going after additional capital was in part the global pandemic. With 80% of the global working population considered frontline workers in industries like retail, food service and healthcare, Ward says the market opportunity is a massive one.
London-based regulatory technology (RegTech) startup SteelEye has raised $21 million in a series B round of funding. Founded in 2017, SteelEye works with banks, hedge funds, brokers, asset managers, and more, to help them comply with strict regulatory procedures and requirements in their respective industries. and beyond. and beyond.
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