USA – Revolv, a San Francisco, CA-based provider of electric medium-to-heavy commercial fleets, raised $15M in Series A funding. The round was led by Greenbacker Capital Management.The company intends to use the funds to expand its operations across North America to support the demand for decarbonized commercial fleets with light, medium and heavy-duty trucks.Led by CEO Scott Davidson, […]
Archivio Categoria: venture capital funding
Emma, a Luxembourg, and Santa Monica, CA-based provider of a multi-cloud management application platform, raised $6M in Seed funding. The round was led by RTP Global, with participation from AltaIR Capital and CircleRock Capital. The company intends to use the funds to grow its engineering team and speed up its development pipeline, in order to serve […]
21
Mar
Mar
FRANCE – Accenture (NYSE: ACN) is to acquire Optimind, a Paris, France-based independent consulting firm. Financial terms of the transaction are not being disclosed. The acquisition requires prior consultation with the relevant works councils and regulatory approval and would be subject to customary closing conditions.Founded in 2000 and led by Christophe Eberle, CEO, Optimind provides […]
21
Mar
Mar
INDIA – Accenture (NYSE: ACN) is to acquire Bangalore, India-based industrial artificial intelligence (AI) company Flutura. The amount of the deal – whose completion is subject to customary closing conditions – was not disclosed. Flutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to […]
21
Mar
Mar
ISRAEL – SmartBear, a Somerville, MA-based provider of software development and visibility tools, acquired Aspecto, a Tel Aviv, Israel-based OpenTelemetry provider. The amount of the deal was not disclosed. With this acquisition, SmartBear will provide development teams with extended end-to-end visibility across the software development lifecycle (SDLC). Developers can use Aspecto’s OpenTelemetry-based observability platform to visualize […]
21
Mar
Mar
USA – Topo Designs, a Denver, Colorado-based outdoor brand offering sustainable, durable apparel and accessories, received an equity investment from Gart Capital Partners. The amount of the deal was not disclosed. The sum will be used to build brand awareness and expand customer acquisition programs under the brand’s mission of The New Outdoor™, inspiring more people to get […]
21
Mar
Mar
USA – Applied Intuition, Inc., a Mountain View, CA-based simulation and software provider for autonomous vehicle (AV) development, acquired SceneBox, a data management and operations platform built specifically for machine learning (ML). The amount of the deal was not disclosed. The core team of Caliber Data Labs, Inc., the creator of SceneBox, will join the […]
21
Mar
Mar
USA – Gravie, a Minneapolis, MN-based employer health benefits company, raised $179M in Growth funding. The round was led by General Atlantic, with participation from FirstMark Capital and AXA Venture Partners.The company intends to use the funds to accelerate growth through investments in all areas, including expanding its flagship health plan for small and medium-sized […]
21
Mar
Mar
USA – Homebot, a Denver, CO-based home education portal, acquired Quo Finance, a Menlo Park, CA-based mobile app that helps first time homebuyers secure their dream home and begin to build wealth. The amount of the deal was not disclosed.With the acquisition, Homebot will expand its offerings. Quo’s Co-founder Tucker Haas and Neel Yerneni will […]
21
Mar
Mar
USA – Rain, a Los Angeles, CA-based provider of financial wellness products for employees, raised $115M in funding, encompassing $66M in equity and $50M in debt. QED Investors and Invus Opportunities led the Series A with participation from firms including WndrCo, Tribe Capital, and Dreamers VC. The debt facility was arranged by Sound Point Capital […]