Unicorn Nest news
Blue White Robotics Raises $37M in Series B Funding
– Blue White Robotics from Tel Aviv provides Robots-as-a-Service (RaaS) that enables farms to run themselves autonomously.
– The company raised $37M in Series B funding.
– The round was led by Insight Partners and Entrée Capital, joined by Clal Insurance, Jesselson Family Office, Peregrine VC, and Regah Ventures.
– The new investment will be aimed at increasing the rapid adoption of these technologies, driving new US sales, and hiring talent for their international team.
Unicorn Nest news
Niio announces $15M Series A following strategic partnership with Samsung Displays
– Niio, a digital art platform, raised $15m in Series A funding.
– The round was co-led by L Catterton, a joint venture between LVMH and Catterton, Entrée Capital and Pico Venture Partners.
– Additional investors also joined, including Saga VC, as well as leading artists, art collectors, museums, gallerists and trustees at institutions such as MOMA and Guggenheim as well as Shalom McKenzie, an online gambling entrepreneur and investor who also invests in NFTs.
– The company will use its capital to grow its artist community and scale its app-enabled subscription and purchase platform, which is blockchain–based and will include a trading-enabled marketplace for NFTs and other digital art assets.
Unicorn Nest news
Seek App Raises $4M in Seed Funding
– Seek, a NYC-based new influencer-centric consumer leisure recommendation platform, raised $4m in seed funding.
– Backers included Valar Ventures, QED Investors, WTI, Breyer Capital, Entrée Capital and Goodwater Capital.
– The company intends to use the funds for product development to bring features and functionality for the platform’s tastemakers as well as expand and scale its consumer experience.
Unicorn Nest news
Shopic Raises Additional $10M in Equity Funding
– Tel Aviv, Israel – based retail AI solution provider Shopic raised $10m in equity funding.
– The round was led by Claridge Israel with participation from existing investors Entrée Capital, IBI Tech Fund, and Tal Capital.
– The company intends to use the new funds to accelerate commercial activities and expand its team.
Unicorn Nest news
Creator Economy Fintech Startup Willa Raises $18M Series A Led by FinTech Collective to Ensure Creators Are Paid on Time
– Willa, the creator economy fintech dedicated to getting freelancers paid on time without the associated admin and hassle, announces an $18m Series A round led by New York-based FinTech Collective, including additional investments from Entrée Capital and EQT Ventures.
– With the investment, Willa is gearing up to expand its invite-only beta to a waitlist of 150,000+ freelancers in the United States. The latest funding will also allow for the company to grow its active user base and keep up with demand and a rapidly growing waitlist. A debit card and additional services centered around financial wellness for freelancers are planned later in 2021.
Unicorn Nest news
BreezoMeter Closes $30 Million Series C to Bring Street-Level Environmental Intelligence to Consumers Through Cars, IoT Devices and Other Connected Experiences
– BreezoMeter closed its $30m Series C funding round.
– The round was led by Fortissimo Capital, an Israeli private equity investment group with $1.6 under management, together with Entrée Capital, which has backed BreezoMeter since its founding.
– Existing investors JumpSpeed Ventures, Launchpad Digital Health, AxessVentures and Eurazeo also participated in the round.
– BreezoMeter is entering the advanced stages of developing its new monitoring, forecasting and alert systems for environmental hazards, such as air pollution, pollen and fires.
– The funding will additionally fuel the development of products that transform real-time environmental data into actionable insights, so that individuals can make informed decisions about when to go outside, how to best protect themselves, which travel routes to take, and even where to live.
Unicorn Nest news
Israel’s electric powertrain maker IRP Systems raises a $31M Series C
– IRP Systems, a maker of innovative electric powertrains for electric vehicles, raised $31m Series C funding.
– The round was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors.
– Also participating was Samsung Ventures, Renault-Nissan importer Carasso Motors and Shlomo Group, as well as existing investors such as Entrée Capital, Fosun RZ Capital and JAL Ventures.
– The company will use the new case to scale the development of its systems for EVs and reduce the path to mass production, expand R&D, operations and customer support and make a push on global sales and marketing.
Unicorn Nest news
Identiq Raises $47M Series A, Poised to Become the World's Largest Identity Validation Network
– Identiq announced a $47m Series A round led by Insight Partners and Entrée Capital, with additional participation from Amdocs, Sony Innovation Fund by IGV, and existing investors, including Vertex Ventures Israel, Oryzn Capital and Slow Ventures.
– The company plans to use the investment to further accelerate its network growth, adding more members, each of which will improve the validation, quality and coverage for all members. This flywheel effect will drive further value for the network’s existing members, improving data coverage and accuracy.
– The company is building the world’s largest Identity Validation Network, enabling companies to jointly validate consumer identities, payment details and other sensitive information without sharing or exposing any private data.
Unicorn Nest news
Torii announces $10M Series A to automate SaaS management
– Torii, a startup that wants to make it easier to manage SaaS bloat, raised $10m in Series A funding.
– The round was led by Wing Venture Capital and joined by prior investors Entree Capital, Global Founders Capital, Scopus Ventures and Uncork Capital.
– The company plans to use the funding to expand its sales and marketing efforts.