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Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
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Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems

– Foretellix announced a $32m Series B funding round, bringing its total raised capital to over $50m.
– The round was led by MoreTech Ventures with participation from several strategic investors, including Volvo Group Venture Capital, Nationwide and Japan-Israel High Tech Ventures. In addition, all series A investors, including 83North Ventures, Jump Capital, OurCrowd and NextGear participated in this new investment round.
– Foretellix was founded in 2018 by a team of verification and validation pioneers with a mission to make automated driving systems safe and efficient.

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Tetavi Closes $20M Funding Round
Tetavi Closes $20M Funding Round
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Tetavi Closes $20M Funding Round

– Tetavi, a Los Angeles, CA-based volumetric technology platform, closed a $20m venture funding round.
– The round was led by Insight Partners, with participation from OurCrowd, Nimble Ventures and additional private investors.
– The company intends to use the funds to increase its presence in North America, expanding its partnerships and content platform across the U.S. with specific locations in Los Angeles and New York.

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ByondXR Raises $7M Seed Funding
ByondXR Raises $7M Seed Funding
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ByondXR Raises $7M Seed Funding

– ByondXR from Tel Aviv develops a platform that creates virtual showrooms and stores for beauty, fashion and home decor brands using extended reality.
– The company raised $7M in seed funding.
– The round was led by Firstime and OurCrowd, with participation from angel investor Peter Chu, founder and former CEO of XR platform HTC.
– The new investment will be aimed at expanding customer success and research and development.

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Nexa3D Raises Over $55M in Financing Round
Nexa3D Raises Over $55M in Financing Round
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Nexa3D Raises Over $55M in Financing Round

– Nexa3D, a Ventura, Calif.-based production-grade polymer 3D printers enabling additive manufacturing, closed financing rounds exceeding $55m in funding.
– The rounds were led by a multi-billion-dollar alternative asset manager and existing investors, OurCrowd and Saudi Aramco Energy Ventures, with participation from new investors as well.
– The new investment will be used to bolster its manufacturing operations, scale commercial activities worldwide, expand customer acquisition and customer success operations, grow its reseller channel globally, expedite several new products to market, and extend its overall polymer technology leadership.

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Materials Zone Raises $6M in Series A Funding
Materials Zone Raises $6M in Series A Funding
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Materials Zone Raises $6M in Series A Funding

– Materials Zone from Tel Aviv develops an online materials discovery platform that channels R&D and manufacturing data into an interoperable and structured database, enabling users to achieve meaningful AI/ML insights, reduce R&D research times, and collaborate with others.
– The company raised $6m in Series A funding.
– The round was led by Insight Partners with participation from OurCrowd.
– The new investment will be used to hire additional team members, continue improving its product offering and pursue customers from additional verticals, such as Green Construction, Perovskites, Automotive and Semiconductors.

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Memic Innovative Surgery Raises $96 Million
Memic Innovative Surgery Raises $96 Million
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Memic Innovative Surgery Raises $96 Million

– Meemic Innovative Surgery raised $96m in a Series D financing round.
– The round was led by Peregrine Ventures and Ceros with participation from OurCrowd and Accelmed.
– Funding will support commercialization of the HominisĀ® robotic-assisted surgical platform in the U.S. and potentially in other countries around the world as the company also plans to expand marketing and sales efforts outside the U.S.
– The financing will also support continued research and development efforts including expanding the company’s portfolio of products and manufacturing scaleup, as well as provide world-class customer support and training.

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