Spain-based Gataca raises EUR 1.3 million in funding
Madrid, Spain-based cybersecurity company focusing on decentralized identity management technology, Gataca, raised EUR 1.3 million in funding. The company announced the investment on December 1, 2023. Signature Ventures has joined their cap table as a new financial partner. In addition to Signature Ventures, SBXi, a prominent American fund as well as Gataca’s early backers, also participates in the new...
UK-based Hybr raises EUR 3.7 million in Seed funding
Bristol, UK-based aggregated platform for first-time renters, including students and young graduates, Hybr raised EUR 3.7 million in seed financing. The round took place on Dec 1, 2023. Investors such as Blackwood Ventures, Adjuvo, Alec Dent as part of the Atomico Angel Programme and individuals such as the former CEOs of The Office Group, Hannah Rothschild, serial entrepreneur Debbie...
USA-based Quantix raises USD 15 million in funding
North Carolina, USA-based fintech firm dedicated to bringing Supply Chain Finance (SCF) solutions to mid-market industrial clients, Quantix raised an additional USD 15 million in funding. The company announced the fundraise on November 30, 2023. SR Alternative Credit (SRAC), a US-based private credit manager, led the investment for the firm. Purpose of financing for Quantix With the latest investment, the company...
USA-based Stensul raises USD 34.5 million in Series C
New York, USA-based martech company Stensul raised USD 34.5 million in Series C funding. The round took place on November 30, 2023. Sageview Capital led the financing for the company. Meanwhile, existing investors such as U.S. Venture Partners (USVP), Javelin Venture Partners, Uncork Capital, and Lowercase Capital joined in the financing. Meanwhile, investor Edith Harbaugh, LaunchDarkly's Executive Chair and...
USA-based Mummolin raises USD 6.2 million in funding
Wyoming, USA-based bitcoin mining software company Mummolin raised USD 6.2 million in funding. The company announced the fundraise on November 28, 2023. Jack Dorsey, Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, the Bitcoin Opportunity Fund, and other strategic partners led the financing for the company. Purpose of financing for Mummolin With the latest proceeds from the seed funding, the company seeks...
Czech Republic-based Vrgineers closes Series A at USD 6 million
Czech Republic-based company specialising in delivering virtual and mixed reality pilot training systems, Vrgineers closed Series A financing at USD 6 million. The company announced the investment on November 28, 2023. Taiwania Capital led the financing for the company. Purpose of financing for Vrgineers With the latest financing, Vrgineers plans to expand its product portfolio. The company plans to announce a...
Why are MCS-150 Biennial Updates Required for Motor Carriers?
In thе dynamic landscapе of thе transportation industry in thе Unitеd Statеs, motor carriеrs play a crucial rolе in еnsuring thе smooth flow of goods across thе nation. To maintain a well-regulated and safе еnvironmеnt, thе Fеdеral Motor Carriеr Safеty Administration (FMCSA) mandatеs MCS-150 Biеnnial Updatеs for motor carriеrs. Let’s dеlvе into thе significance of these updates and why...
USA-based ZeroAvia closes Series C at USD 116 million
USA-based ZeroAvia completed its Series C funding round at a total of USD 116 million. The company announced the closure on November 27, 2023. The UK Infrastructure Bank joins the round as a cornerstone-level investor. Meanwhile, Airbus, Barclays Sustainable Impact Capital and NEOM Investment Fund (NIF), as announced in September, co-led the financing. The round also saw the participation of...
Italian startup WeRoad raises EUR 18 million in Series B funding
Milan, Italy-based fast-growing traveltech scaleup, WeRoad closed its Series B funding at EUR 18 million. The company announced the investment on November 27, 2023. H14, an Italian family office, led the financing for the company. Meanwhile, a consortium of investors is also participating in the round. They further established a dedicated investment vehicle named Annapurna for the purpose of...
Denmark-based Factbird raises USD 16 million in funding
Copenhagen, Denmark-based tech company providing manufacturing intelligence solutions, Factbird, raised USD 16 million in funding. The company announced the investment on November 24, 2023. Expedition Growth Capital and EIFO led the financing for the company. Purpose of financing for Factbird With the latest financing, Factbird seeks to fund international expansion. Earlier in 2021, the company separated from the consulting firm Emendo...
