Washington-based global energy transmission firm Arcadia raises USD 125 million in funding
WASHINGTON, Dec. 16, 2022 — Arcadia, the technology business facilitating the global energy transformation, announced that it had secured USD 125 million in additional capital led by Magnetar Capital, with participation from current investor Keyframe Capital. The Green Investment Group at Macquarie Asset Management also participated in the round. Eric Scheyer, Magnetar's Partner and Head of Energy and Infrastructure,...
USA-based Kodama Systems raises USD 6.6 million in seed funding
California, USA-based innovator in forest restoration, Kodama Systems raised USD 6.6 million in seed funding. The round took place on December 15, 2022. Leading climate-tech investors Breakthrough Energy Ventures and Congruent Ventures led the financing for the firm. Meanwhile, it received a business development grant from CAL FIRE as well as a carbon removal R&D grant from Frontier Climate. Purpose...
USA-based PaxeraHealth closes Series A funding led by Sopris Capital
Boston, USA-based medical imaging and AI developer company, PaxeraHealth closed its Series A funding. The company announced the closure on December 16, 2022. However, it did not disclose the amount of the financing. Sopris Capital led the round for the company. Purpose of financing for PaxeraHealth With the latest financing from the Series A funding, the company aims to accelerate further...
India-based AI startup UptimeAI raises USD 3.5 million in funding
BENGALURU, India, December 16, 2022 UptimeAI, a leading supplier of AI-based digital transformation solutions for the energy, chemicals, and heavy industries, has secured USD 3.5 million in venture capital headed by Emergent Ventures. Existing investor YourNest Venture Capital joins the round, as do new investors Sharad Sanghi, AI Sprouts, and Venture Catalysts. UptimeAI intends to use the funds to...
San Francisco-based DevOps platform CtrlStack raises USD 5.2 million in Seed funding
SAN FRANCISCO, DECEMBER 15, 2022 – CtrlStack, the industry's first DevOps observability platform based on a causal graph, emerged from stealth today with USD 5.2 million in initial investment headed by Sequoia Capital and Engineering Capital, with Kearny Jackson, Webb Investment Network, and Lightspeed also participating. Dev Nag is the CEO and founder of the firm. Dev is no new...
Canada-based Copperstone Technologies raises USD 5.8 million in funding
Edmonton, Canada-based engineering firm specializing in the design, production and operation of amphibious robots, Copperstone Technologies, raised USD 5.8 million in recent funding. The company announced the fundraise on December 14, 2022. Boston-based investment firm focused on energy innovation and sustainability, WindSail Capital Group led the financing for the firm. The VC firm provided USD 3.5 million as capital for...
Hospitality tech company Mews closes Series C funding at USD 185 million
Global hospitality technology company Mews closed its Series C funding at USD 185 million. The company announced the closure on December 15, 2022. Kinnevik and the Growth Equity business within Goldman Sachs Asset Management led the financing for the firm. Meanwhile, Revaia, Derive Ventures and Orbit Capital joined in the funding. Besides, returning investors, including Battery Ventures, Notion Capital,...
What Are the Common Payment Terms on a Business Loan?
Image by nattanan23 on Pixabay Small business owners often need to take out a loan in order to finance their businesses. However, many people don't understand the different payment terms that are associated with a business loan. In this article, we will discuss the three most common payment terms: amortization, balloon payments, and interest-only payments. We will also explain how...
Atlanta-based electric vehicle charging startup EnviroSpark raises USD 10 million in funding
ATLANTA, December 14, 2022— — EnviroSpark, an electric vehicle (EV) charging startup located in Georgia, has announced the conclusion of a USD 10 million fundraising round headed by Ultra Capital, an independent investment firm focused on sustainable infrastructure and energy transition. Earlier this year, the business announced a USD 5 million Series A capital round, bringing total outside investment...
Dallas-based online recognition platform Grata raises USD 6 million in seed funding
DALLAS, Dec. 15, 2022 — Grata, the first-of-its-kind online platform enabling customers to send real-time appreciation to a brand's frontline personnel, has successfully received USD 6 million in initial capital to drive the company's next phase of expansion. To build a culture-shifting brand, the firm has also hired industry heavyweights and significant innovators to its executive team. Grata, founded in...
