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Energy Internet of Things North America Residential Solar

Omnidian Raises $33 Million in Series B Round

– Omnidian secured a $33m Series B capital raise.
– The round was led by Activate Capital and included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec.
– The new capital comes at a time of rapid growth for Omnidian.
– In addition to its performance plans for solar, the firm has launched a similar service for energy storage, both at the residential and C&I level.
– In the future, Omnidian’s machine learning software will monitor other IoT sensored energy products.
– The firm currently employs more than 100 professionals across 16 states and expects that number to grow significantly over the next several years. It will also grow the more than 1,700 megawatts it currently manages for customers. Finally, this raise will enable international expansion for the company.

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Artificial Intelligence Call Center Customer Service Internet Internet of Things Machine Learning Natural Language Processing SaaS Software South Asia Speech Recognition

Skit raises $23M Series B round to accelerate its growth

– Bengaluru-based artificial intelligence SaaS voice automation company Skit, formerly known as Vernacular.ai, developed its AI-based voice automation platform VIVA, short for Vernacular Intelligent Voice Assistant, which enables corporations to automate 90% of their call center operations powered by Natural Language Understanding (NLU) technology. VIVA covers more than 16 languages and 160 dialects.
– The company announced it has closed a $23 million Series B round to accelerate its growth in domestic and global markets, including the U.S. and Southeast Asia and enhance its voice automation platform.

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Agriculture AgTech Farming Information Technology Internet of Things North Africa and the Middle East Software

Fieldin Raises $30M in Series B Funding

– Fieldin is an USA and Israel-based AgTech startup.
– Company raised $30M in Series B funding.
– The round was led by Fortissimo Capital with participation from Zeev Ventures, Icon Ventures, Maor Investments, Akkadian Ventures, Terra Ventures, Gal Ventures, Germin8, and Mindset.
– The new investment will be used to expand operations and business reach.

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E-Commerce Internet Internet of Things Mobile Payments Payments Small and Medium Businesses Western Europe

elopage Raises USD38M in Series A Funding

– elopage is a Berlin, Germany-based SaaS platform and payment provider for digital entrepreneurs, creators, SMEs and enterprise businesses.
– The company closed a USD 38m (EUR 32m) initial funding round.
– The round was led by Target Global, Partech Ventures and Avid Ventures.
– The new investment will be used to grow its team from 70 to 190 by the end of the year, expand across Europe, and invest further in its proprietary end-to-end platform.

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Apps Information Technology Internet of Things North America Operating Systems Software

Simplicity Raises $8.5M in Seed Funding

– Simplicity is a San Francisco CA-based provider of a smart communication platform.
– Company raised $8.5M in seed funding.
– Backers included Venture to Future, Zero Gravity Capital, and angel investors.
– The company intends to use the funds to expand its reach across the U.K., Europe, Israel, and the U.S., as well as to improve the technology behind the application.

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Automotive Internet of Things Manufacturing North America

Infinitum Electric Receives Investment from Caterpillar Venture Capital

– Infinitum Electric, an Austin, Texas-based-creator of an air-core motor, received an equity investment from Caterpillar Venture Capital Inc., the venture capital arm of Caterpillar Inc. (CAT), through Cottonwood Technology Fund.
– The amount of the deal was not disclosed.
– The company intends to use the funds to further expand production of its IEs Series motor systems for industrial applications and the development of a new line of alternators.

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Food and Beverage Internet of Things North America

Sestra Systems Raises $15M in Funding

– Sestra Systems, a Sterling, VA-based smart, cloud-connected dispensing company, raised $15m in financing.
– The backers were not disclosed.
– The company will use the funding to scale its sales & operations teams, accelerating growth and expanding into new markets.

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Information Technology Internet Internet of Things North America Software Telecommunications

Hologram Raises $65M in Series B Funding

– Hologram is a Chicago, IL-based cellular connectivity platform for IoT devices.
– The company raised $65m in Series B funding.
– The round was led by Tiger Global with participation from Bullpen Capital, NextView Ventures, and Mucker Capital.
– The new investment will be used to more than triple the company’s team from 70+ employees to 225+ employees, to further develop its proprietary connectivity management technology and grow across key use-cases, including fleet & asset management and sensors.

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Cyber Security Internet of Things North America Security

Finite State Raises $30M Series B to Secure the Connected Device Supply Chain for Critical Infrastructure and Energy

– Finite State has raised $30m in Series B funding.
– The round was led by Energize Ventures and joined by Schneider Electric Ventures and Merlin Ventures.
– Finite State plans to use the funding to rapidly scale its data-driven approach to supply chain security to meet the demands of the market.
– Finite State recently added three security veterans to their executive team to accelerate the company’s growth.

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Cloud Data Services Hardware Information Technology Internet of Things North America Software Wireless

Everactive Raises $16M Additional Series C Funding

– Everactive from Santa Clara develops batteryless wireless IoT solutions.
– The company raised $16m in a strategic funding round.
– Backers in the round included 3M, Ericsson, and Armstrong International.

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Internet of Things North Africa and the Middle East Semiconductor Wireless

IoT Pioneer Wiliot Secures $200 Million Investment Round Led by SoftBank Vision Fund 2

– Wiliot announced that it received $200m in a Series C funding round led by SoftBank Vision Fund 2.
– Wiliot has created a platform that is built on Wiliot IoT Pixels and the Wiliot Cloud.
– Wiliot IoT Pixels are tiny low-cost, self-powered tags that attach to any product or packaging to sense a range of physical and environment data that is then fed into the Wiliot Cloud, where machine learning algorithms translate data into actionable insights for businesses across a range of industries.
– The Wiliot Cloud also ensures data remains secure, private, and authentic.
– For decades, there has remained a massive gap as trillions of products travel billions of miles without any data being available as to their status, whereabouts, or situation.

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Artificial Intelligence Automotive Autonomous Vehicles Computer Vision Internet of Things Machine Learning North America Robotics Software

Algolux Closes $18.4M Series B Funding

– Algolux, a Montreal, QC, Canada-based computer vision software company, raised $18.4M in Series B funding.
– The round was led by Forte Ventures and Drive Capital with participation from Investissement Quebec, Castor Ventures, Nikon-SBI Innovation Fund, GM Ventures, Generation Ventures and Intact Ventures.
– The company intends to use the funds to achieve the following three goals: accelerate adoption of its products across mobility markets; grow its engineering and customer enabling teams to scale worldwide support; grow its engineering and customer enabling teams to scale worldwide support.

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Apps Artificial Intelligence Information Technology Internet of Things Machine Learning North America SaaS Software

BlueOcean raises $15M to measure brand sentiment with AI

– BlueOcean, a software-as-a-service platform that taps AI to deliver brand strategy insights, announced that it closed a $15 million series A round led by Insight Partners.
– The company says that the funds will be used to grow its team, deepen existing investments in AI, and build on BlueOcean’s existing customer base.
– Brand drives revenue. The strength of a company’s brand directly affects its ability to sell to a customer, acquire talent, and drive shareholder value. According to McKinsey, strong brands consistently outperform the market. The world’s 40 strongest brands “yielded almost twice the total return to shareholders of an investment in a Morgan Stanley Capital International (MSCI) World index certificate over the course of the 20-year period ending in 2019.”

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Artificial Intelligence Big Data Database Delivery Service Enterprise Hardware Internet of Things North America Software

RxAll grabs $3.15M to scale its drug checking and counterfeiting tech across Africa

– RxAll, a startup using deep technology to provide quality medication to patients, raised $3.15m in funding.
Launch Africa led the round with participation from SOSV’s HAX and Keisuke Honda.
– The company plans to scale across existing markets and improve its technology.

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Artificial Intelligence Electronics Energy Energy Efficiency Facility Management Internet of Things North America Property Management Smart Building Software

75F Raises $28M in Funding

– 75F from San Francisco provides IoT, Cloud Computing and Machine Learning for data-driven, proactive building intelligence and controls for HVAC and lighting optimization.
– The company raised $28m in Series B funding.
Siemens AG led the round with participation from Bill Gates’ Breakthrough Energy, OGCI Climate Investments, and Wind Ventures.
– The new investment will be used to accelerate the company’s growth, expand operations and business reach.

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Artificial Intelligence Data Visualization Information Technology Internet Internet of Things North America Retail Technology Smart Home Software

Butlr Technologies Raises $7.9M in Seed Funding

– Butlr Technologies from Burlingam develops an anonymous, wireless and real-time people sensing platform.
– The company raised $7.9M in seed funding.
– The round was led by Hyperplane with participation from Founder Collective, Union Labs, 500 Startups, SOSV, E14 Fund, Tectonic Ventures, Scott Belsky, Chad Laurans and Sunny Vu.
– The new investment will be used to for continued market expansion and technology innovation.

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Cloud Management Internet Internet of Things North America Telecommunications

Ray Ozzie’s cellular IoT startup Blues Wireless raises $22M from Bill Gates and others

– Blues Wireless, an IoT startup founded by former Microsoft exec Ray Ozzie, has raised $22m from investors including Microsoft co-founder Bill Gates.
Sequoia Capital and former Stripe exec Lachy Groom led the Series A round, which will fuel growth for the company’s technology that helps product manufacturers send data from their physical assets to cloud-based apps over cellular networks.
– Blues is the latest venture from Ozzie, who invented the Lotus Notes group messaging platform in the 1980s. He later launched and sold two startups to Microsoft: Groove Networks in 2005, and Talko in 2015. He joined Microsoft after the Groove deal, ultimately succeeding Gates as the company’s chief software architect, and helping to lead the launch of Microsoft’s Azure cloud computing platform.

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Advertising Brand Marketing Digital Marketing Digital Signage Internet of Things Marketing Media and Entertainment North America Outdoor Advertising Software

OneScreen.ai Raises $1M in Pre-Seed Funding

– OneScreen.ai from Boston provides an OOH Market Network to compete offline with what Google and Facebook offer online.
– Series A $1M round was led by TechFarms Capital with participation from with participation from HubSpot co-founders Brian Halligan and Dharmesh Shah, Wayfund, Lola.com CEO Mike Volpe, BuySellAds.com CEO Todd Garland, HubSpot CMO Kipp Bodnar, HappyNest CRO Jeanne Hopkins.
– The new investment will be used to expand operations, accelerate growth and its business reach.

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Cloud Computing Cloud Data Services Cloud Infrastructure Internet of Things Messaging Mobile Real Time Western Europe

Ably Raises $70M in Series B Funding

– Ably from London, UK provides a platform that powers synchronized digital experiences in realtime for distributed applications, devices, and hybrid cloud environments.
– The company closed a $70m Series B funding.
– The round was co-led by Insight Partners and Dawn Capital with participation from existing investors Triple Point, Digital Horizon, Forward Partners, and MMC.
– The new investment will be used to accelerate growth, adding a further 125 hires to strengthen its core UK team and growing its US presence over the next 15 months.

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Artificial Intelligence Internet of Things North America Oil and Gas

Award-Winning Technology Firm mIQrotech Oversubscribes Series A Funding Round

– mIQrotech announced the close of an oversubscribed Series A financing round that exceeded its fundraising target of $6m by nearly double.
– This investment will enable mIQrotech to scale up product development to meet its rapidly increasing market demand.
– The company is quickly disrupting the oil and gas industry by innovating pipeline optimization and preventing pipeline leaks.
– With additional support as a Chevron Technology Ventures Catalyst Program Participant, mIQrotech is quickly approaching unicorn status.

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Construction Energy Industrial Information Technology Internet of Things Manufacturing Mining North America Oil and Gas Software

Triax Technologies Raises $12.5 Million Series A Funding Round to Expand Team, Scale Globally

– Triax technologies raised a Series A funding round of $12.5m.
– The round was led by McRock Capital, an institutional investor focused on industrial IoT.
– Triax will use the funding to grow the team and scale its solutions globally.
– Triax will immediately begin to expand its talented team with openings in several areas across the company.
– It is seeking team members with domain-specific technical skills, who would work well in a community-minded, fair and transparent culture.

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Analytics Artificial Intelligence Big Data Cloud Computing Database Internet of Things Machine Learning North America Open Source Software

Crate.io raises $10M to grow its database platform

– Crate.io, a startup developing a database platform called CrateDB, announced that it raised $10 million in additional funding (including $2 million in debt) from Draper Esprit, Vito Ventures, and individual investors.
– CEO Eva Schönleitner says that the proceeds, which bring the company’s total raised to $31 million, will be put toward expanding Crate.io’s sales teams, the CrateDB ecosystem’s functionality and partner integrations, and the open source developer community around CrateDB.

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Artificial Intelligence Enterprise Software Information Technology Internet of Things Logistics Software Supply Chain Management Western Europe

Nexxiot Raises $25M in Funding

– Nexxiot, a Zurich, Switzerland-based supply chain digitization company, raised $25M in funding.
– The round was led by QVIDTVM.
– The new investment will be used to further improve the company’s technology and expand to North America.

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Cloud Infrastructure Developer Tools Enterprise Software Internet of Things North America

Golioth Raises $2.5M in Seed Funding

– Golioth is a cloud platform for IoT.
– The company raised $2.5m in seed funding led by Zetta Venture Partners with participation from Chris Aniszczyk (CTO of CNCF), Sam Ramji (CSO of Datastax), Shiva Rajaraman (Former CTO WeWork,) and Stephen Blum (CTO of PubNub).
– The funds will be used to expand the company’s developer community.

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Energy Internet of Things North America Predictive Analytics

In a YC ‘power’ play, Gridware girds $5.3M to save humanity from weather

– Gridware, a startup that provides energy storage and solar power solutions, raised $5.3m in seed funding.
– The round was led by Priscilla Tyler of True Ventures and Seth Bannon and Shuo Yang of Fifty Years.
– The company plans to double down on its team.

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Artificial Intelligence Data Visualization Information Technology Internet of Things Machine Learning SaaS Software Western Europe

Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries

– Cognite announced an investment round of $150m with leading global growth equity firm TCV, valuing the company at $1.6b.
– The new valuation round constitutes unicorn status for Cognite.
TCV has a broad network and expertise in successfully scaling technology companies, including Netflix, OSIsoft, Splunk, Airbnb and Spotify.
– This new partnership allows Cognite to harness TCV’s expertise in international expansion for industrial software companies and complements earlier funding by global venture capital firm Accel, as both are committed to backing category-defining businesses.
– The partnership coupled with Aker, Cognite’s majority stakeholder, will accelerate the full-scale data-driven transformation of legacy industries to help make them more sustainable and profitable through digitalization and data.

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Internet of Things North America Semiconductor Software Wireless

oneNav Lands $21M in Series B Funding, Unveils the World’s First Pure L5 Mobile GNSS Receiver

– oneNav announced that it has closed a $21m Series B funding round, led by GV, with participation from Norwest Venture Partners and GSR Ventures.
– The company also unveiled the world’s first pure L5 mobile GNSS receiver, which provides the highest location accuracy with half the footprint of existing solutions.
– Further validating the company’s unique mobile offering, oneNav has signed a strategic partnership agreement with In-Q-Tel Inc., providing U.S. intelligence and defense agencies with a first-of-a-kind GNSS technology solution.

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Assistive Technology Hardware Internet of Things North America

Platform Capital Leads a $1.3 Million Investment Round into STRAP Technologies

Platform Capital led a $1.3m investment round into STRAP Technologies, an innovative company that has developed the world’s first total technology replacement of the white cane for the blind and visually impaired.
– Globally, at least 2.2 billion people have a vision impairment or blindness, of whom at least 1 billion have a vision impairment that could have been prevented or has yet to be addressed.
– STRAP has developed a range of hardware and software solutions that address the mobility challenges that the blind and visually impaired encounter daily.
– STRAP has received significant pre-orders from over 6,000 customers across North and Latin America and will ship its devices in Q4 2021.

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Advertising Internet of Things Mobile Mobile Apps North America

Moloco Raises Funding at $1 Billion Valuation

– Moloco from Redwood City, CA received an undisclosed amount of funding at a valuation of USD $1b.
– The round was led by Shinhan GIB, an investment banking unit of South Korea’s Shinhan Financial Group.
– Other new and existing investors participated in the round as well.
– The company provides a complete suite of proprietary cloud advertising solutions that allow mobile businesses to use data to optimize the performance of their acquisition, retention, and monetization efforts.

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Cloud Data Services Internet of Things North America SaaS Software

IoT development platform Prescient Devices nabs $2M

– Prescient Devices, a platform for internet of things (IoT) software and service development, today announced that it raised $2 million in seed funding.
– The company says it’ll put the proceeds toward product ideation and ramping up its sales and marketing programs.
– But despite the industry’s growth, not all organizations think they’re ready for it.
– In a recent Kaspersky Lab survey, 54% said the risks associated with connectivity and integration of IoT ecosystems remained a significant blocker.
– Prescient offers a low-code programmable platform that allows system integrators, IT engineers, and data scientists to build IoT and edge computing solutions.

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Eastern Asia Electronics GPS Internet Internet of Things Manufacturing

RAKwireless Closes $10M Series A Funding Round

– RAKwireless Technology Co., Ltd. a Shenzen, China-based provider of LPWA end-to-end solutions closed a USD10m Series A funding round.
– The round was led by Hong Kong NWS Holding Limited, followed by Shunwei.
– The company intends to use the funds to advance the production of high-performing infrastructure and edge devices, and further market its IoT initiatives.

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Customer Service Internet Internet of Things North America Software

Aclaimant raises $15 million in Series B financing led by Next Coast Ventures

– Aclaimant raises $15m in Series B financing led by Next Coast Ventures.
– The company’s monthly active users in the platform and system usage increased by over 400% in 2020.
– Aclaimant will use the new funds to double down on product innovation, increase hiring across all departments, accelerate client acquisition and sales as well as marketing and partnership development.
– Aclaimant will continue to add key talent across the risk management spectrum to grow and expand its in-house subject matter expertise.
– Aclaimant is designed to help organizations actively manage risk while improving the claims management process.

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Europe Internet of Things Satellite Communication Telecommunications

IoT satellite network startup Hiber secures €26M in funding round led by EU’s innovation agency

– European satellite and communications startup Hiber BV secured €26m in funding.
– The funding comes from the European Innovation Council Fund (EIC Fund), the EU’s innovation agency, which has a €278m Innovation Fund.
– The EIC co-invested with an innovation credit provided by the Dutch government and existing shareholders.
– Other investors include Finch Capital, Netherlands Enterprise Agency and Hartenlust Group.
– Hiber’s satellite constellation tracks and monitors machines and devices in harder-to-reach places.
– Co-founder of Hiber Laurens Groenendijk is to step aside as managing director to turn his attention to “other investment initiatives”.

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CleanTech Data Visualization Europe Hardware Internet of Things Smart Cities

Airly Raises $3.3M in Funding

– Airly, Inc. is a Palo Alto, CA-based cleantech company providing ultra-local, accurate, predictive air quality data to help tackle air pollution globally.
– The company raised $3.3m in funding.
– The round was led by firstminute capital, with partcipation from Uber founder Garrett Camp via Expa, Bolt CEO Markus Villig, founding Editor-in-Chief of WIRED David Rowan, Pipedrive founder Ragnar Sass and Ferry Heilemann, co-founder of Leaders for Climate Action and previous investors, including Sir Richard Branson Family Office and Henkel board member Konstantin von Unger.

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Asset Management Internet of Things Logistics North America Real Time SaaS Shipping Supply Chain Management

Roambee Completes $18+ Million in Series B1 Funding to Expand Real-Time Supply Chain Monitoring – Including Cold Chain Logistics Visibility for COVID-19 Vaccine Maker

– Roambee completed a $18+ million Series B1 funding round led by Reefknot Investments, a global top-tier logistics sector-focused venture capital fund.
– The completion of the fundraise positions Roambee for further expansion of its technology, services and global market penetration ahead of its Series C round targeted for Q2 2021.
– Roambee’s proven monitoring solution, as used by one of the largest US-based vaccine makers, is envisioned by the company as the first step towards transformation of multiple industries via unfettered access to verifiably better supply chain visibility at scale.

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Electronics Energy Energy Efficiency Facility Management Internet of Things North America Property Management Smart Building Software

75F Closes $23M in Series A Funding

– 75F from San Francisco develops a BMS system that leverages IoT, Cloud Computing and Machine Learning for data-driven, proactive intelligence and controls for HVAC, lighting, and energy optimization.
– Series A funding round was led by Wind Ventures – the corporate venture capital (CVC) group of Copec.
– Company intends to use the funds to further expand innovations in energy savings and market reach.

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Electronics Internet of Things Lighting North America Smart Building

Deako Lighting Raises Additional $12.5M in Growth Funding

– Deako Lighting, a Seattle, WA-based provider of plug-n-play light switches, completed its Series-B financing round, raising an additional $12.5M.
– The company will use the new capital to add distribution partners, increase production capacity; and expand its array of plug-n-play light switch products.
– Led by founder and CEO Derek Richardson and COO Wes Nicol, Deako provides plug-n-play light switches that can be changed within seconds by anyone, without hiring an electrician.

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Cyber Security Health Care Internet of Things Medical North America

Cylera Announces $17 Million in Total Funding Led by Concord Health Partners & Maverick Ventures

– Cylera, a leading healthcare IoT (HIoT) cybersecurity and intelligence company, today announced the company secured $10m in Series A funding, led by Concord Health Partners and Maverick Ventures.
– With the Series A close, Cylera brings the company’s total funding to $17m with investment from Concord Health Partners, Maverick Ventures, Contour Venture Partners, Two Sigma Ventures, Dreamit Ventures, Great Oaks Venture Capital, Red Bear Angels and Samsung NEXT.
– Over the past year there has been a further acceleration of the digitalization and adoption of IoT devices across hospitals, pharmaceutical companies, biotech, life sciences and manufacturing, which can decrease operational risk and increase efficiencies.

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Artificial Intelligence Europe Internet of Things Machine Learning Mobile Mobile Apps Natural Language Processing Predictive Analytics Virtual Assistant

Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services

– Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup: building out privacy-first AI services for enterprise customers.
– The company has closed $8.5m funding.
– The funding is coming from Marcelo Gigliani, a managing partner at Apax Digital; Alex Cruz, the chairman of British Airways; and Spanish investment firms Mundi Ventures and Ekarpen.
– The funding is an extension to the $15m Sherpa has already raised in a Series A.
– From what I understand, Sherpa is currently also raising a larger Series B.

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Artificial Intelligence Insurance Internet of Things Messaging North America

Hi Marley Raises $25 Million Series B Funding to Build upon Leading Intelligent Communication Platform for Insurance

– Hi Marley, creators of the only intelligent communication platform built for the insurance industry by people who know insurance, today announced the company has closed a $25m Series B financing round.
– The investment was led by Emergence Capital, with Founder and General Partner Gordon Ritter taking a seat on Hi Marley’s Board.
– Returning firms Underscore, True Ventures, Bain Capital Ventures and Greenspring also participated in the round, along with additional investors including Brewer Lane Ventures.
– Hi Marley makes it simple for insurance carriers to seamlessly communicate with policyholders via text to increase transparency and cut through inefficiencies.
– By providing a smart SMS platform purpose-built for the insurance industry, inside of which the entire ecosystem of service providers can communicate, carriers delight customers, achieve faster time to resolution, and see financial results.

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Enterprise Software Internet of Things North America SaaS Software

Splashtop Raises Additional $15M in Funding

– Splashtop is a next-generation remote access and remote support company based in San Jose.
– The company raised an additional $15m in funding.
– The round was led by Sapphire Ventures, Storm Ventures, NEA, and DFJ DragonFund.
– The new funding will be used to accelerate the company’s global expansion and development of new products.

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Artificial Intelligence Asia Industrial Automation Internet of Things Machine Learning Manufacturing Predictive Analytics Software

Seebo Raises $24M in Funding

– Seebo Raises $24M in Funding
– The round was led by Vertex Ventures with participation from 10D, The Phoenix and Leumi Partners.
– The new investment will be used to further expand its global reach and continue enhancing its solution.

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Cloud Infrastructure Database Enterprise Software Internet of Things North America Open Source

Yugabyte Raises $48M in Funding

– Yugabyte is a Sunnyvale, Calif.-based leader in open source distributed SQL databases.
– The company raised $48m in funding.
– The round was led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC.
– The new investment will be used to expand R&D, sales and customer functions in the EMEA and APAC markets and further accelerate enterprise adoption of its commercial products.

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Energy Efficiency Industrial Automation Internet of Things North America Software

Turntide Technologies Raises $80M With Investments From Breakthrough Energy Ventures And Robert Downey Jr.’s FootPrint Coalition Ventures

– Turntide raised $80m with investments from Breakthrough Energy Ventures and Robert Downey Jr.’s FootPrint Coalition Ventures.
– The round was led by Breakthrough Energy Ventures and includes investments from Robert Downey Jr.’s FootPrint Coalition Ventures, the Amazon Climate Pledge Fund, Keyframe Capital, Fifth Wall’s Climate Technology Fund and Captain Planet LP.
– Turntide’s Smart Motor System is designed around its revolutionary switched reluctance motor (SRM) technology.
– Turntide plans to expand development and production of its Smart Motor System to meet growing demand and extend it into new applications.
– Funding will also be used to accelerate deployment and advance development of Riptide, a cloud-based building automation software platform that Turntide recently agreed to acquire.

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Dental Insurance Internet of Things North America

Beam Raises $80M in Series E Funding

– Beam Dental is a Columbus, Ohio-based digital-first dental insurer that rewards its members for good dental hygiene.
– The company raised $80m in Series E funding.
– The round was led by Mercato Partners’ growth equity fund, Traverse, with participation from new and existing investors, including Drive Capital, Georgian, Nationwide, and Breakout Capital.
– The new investment will be used to expand its offering to new markets, onboard additional employee benefits brokerages and add additional products.

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Electric Vehicle Energy Energy Management Hardware Internet of Things North America Payments Software

ChargeLab raises seed capital to be the software provider powering EV charging infrastructure

– ChargeLab, a software provider for electric vehicle charging infrastructure, raised $4.3m in seed funding.
– The round was led by Construct Capital and joined by Root Ventures, and Notation Capital.
– The company plans to use the funding to expand its sales and marketing efforts.

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CleanTech Commercial Real Estate Electric Vehicle Energy Energy Storage Internet of Things North America Renewable Energy Software

Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund

– Toronto-based Peak Power (Peak) today announced that it has closed funding from The Atmospheric Fund (TAF), representing the fifth investor in Peak’s capital funding round.
– TAF will join Sensata Technologies, Export Development Canada (EDC), BDC Capital, and Hatch/Canadian Shield as a strategic investor in Peak.
– TAF brings to the round their focus on carbon emissions reduction, as they have a mandate to advance local solutions to climate change through high impact investments.
– Their contribution aligns with Peak’s commitment to decarbonize energy, the built environment, and mobility through enabling intelligent energy in smart cities.

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Asia Internet of Things Network Security Security

SecuriThings Raises $14M in Series A Funding

– SecuriThings is a Tel Aviv, Israel-based IoTOps company.
– Series A $14m round was led by Aleph with participation from existing investors Firstime VC and angel investors.
– The new investment will be used to expand the functionality of its IoTOps platform, and build out its global sales and marketing operations.
– The company has already established partnerships with global system integrators, device management systems and edge device vendors including Microsoft, Convergint Technologies, Johnson Controls and many others.

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