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Aerospace Industrial Engineering North America Software

Xwing Raises $40M at $400M Valuation

– Xwing, a San Francisco, CA-based automation company for aviation, raised $40m in funding at a $400m valuation.
– The round was led by Blackhorn Ventures, with participation from ACME Capital, Loup Ventures, R7 Partners, Eniac Ventures, Alven Capital and Array Ventures.
– The new investment will be used to scale the company’s innovation and team.

3D Printing Industrial Engineering Manufacturing Mechanical Engineering North America

Fortify Raises $20M in Series B Funding

– Fortify is a Boston, MA-based additive manufacturing startup.
– The company closed $20M equity funding round.
– The round was led by Cota Capital with participation from Accel Partners, Neotribe Ventures, and Prelude Ventures.
– The new investment will be used to accelerate team growth, expansion in application spaces, and transition to volume manufacturing of the Flux Series 3D printers.

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Industrial Engineering Mechanical Engineering North America

Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.

Mantis Innovation Group, LLC Continues Service Line Expansion with Investment in Fairbanks Energy Services, Inc.
O2 Investment Partners, LLC is pleased to announce that through Mantis Innovation Group, LLC it has made an investment in and partnered with Fairbanks Energy Services, Inc. and its leadership team to enhance both companies’ service offerings focused on improving facility performance and energy efficiency, reducing costs, and implementing and monitoring ESG initiatives.
Mantis Innovation Group, LLC is an industry leader in providing energy-efficient solutions for clients across commercial, industrial, data center, education, and healthcare verticals.
– Fairbanks Energy Services is an industry leader in providing nationwide energy efficiency solutions for clients across commercial, industrial, data center, education, and healthcare verticals.

Source
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