Series B

Simfoni Raises $15 Million in Series B

Simfono Raises $15 Million in Series B

Simfoni, a San Francisco, CA-based digital solutions provider for Spend Intelligence and Spend Automation, raised $15 Million in Series B funding led by Peakspan Capital. The company intends to use the funds to expand sales and marketing efforts. Company: Simfoni Limited Raised: $15.0M Round: Series B Funding Month: July 2021 …

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Inkbit Raises $30 Million in Series B

Inkbit Raises $30 Million in Series B

Inkbit, a Medford, MA-based next-generation additive manufacturing platform that combines 3D printing with machine vision, raised $30 million in Series B funding. The round was led by Phoenix Venture Partners LLC, bringing the firm’s total funding up to $45 million. The round will be used to expand the sales reach …

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Algolux Raises $18.4 Million in Series B

Algolux Raises $18.4 Million in Series B

Algolux, a Montreal, Canada-based computer vision software company, has raised $18.4 million in Series B funding. The round was co-led by Forte Ventures and Drive Capital. New joiners included Investissement Quebec, Castor Ventures, and Nikon-SBI Innovation Fund. Meanwhile, existing investors GM Ventures, Generation Ventures, and Intact Ventures also joined the …

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Capmo Raises $30 Million in Series B

Capmo Raises $30 Million in Series B

Capmo, a digital construction software business based in Munich, has raised $30 million (€25 million) in a Series B funding round. Bessemer Venture Partners, a renowned cloud and software-as-a-service (SaaS) investor, led the round. The financing included previous investors Capnamic Ventures and UVC Partners. Capmo intends to use the funds …

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Urbanbase Raises $11.1 Million in Series B+

Urbanbase Raises $11.1 Million in Series B+

Urbanbase, a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scales up was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate …

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Untether AI Raises $125 Million in Series B

Untether AI Raises $125 Million in Series B

Untether AI, a startup developing custom-built chips for AI inferencing workloads, has raised $125 million in Series B from Tracker Capital Management and Intel Capital. The round, which was oversubscribed and included participation from Canada Pension Plan Investment Board and Radical Ventures, will be used for customer expansion. Company: Untether …

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FRISS Raises $65 Million in Series B

FRISS Raises $65 Million in Series B

FRISS is a cybersecurity firm established in the Netherlands, and the United States has raised $65 million (about €54.82 million) in a Series B round of funding. Accel-KKR led the round, which was advised by FT Partners and backed by existing investor Aquiline Technology Growth. The proceeds from this round …

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