Atlassian to Buy Loom, for $975M
Atlassian (NASDAQ: TEAM), a Sydney, Australia-based provider of team collaboration and productivity software solutions, acquired Loom, a San Francisco, California-based provider of a video messaging platform. The amount of the deal was approximately $975M. Atlassian is the go-to place for over 260,000 customers who plan, track and get work done, and the addition of Loom will […]
Canopy Servicing Raises $15.2M in Series A1 Funding
Canopy Servicing, a Claymont, De.-based loan servicing startup, raised $15.2m in Series A1 funding at a $35 million pre-money valuation. The round was led by Foundation Capital and Infinity Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Matt Bivons, Canopy Servicing provides a platform to manage […]
PickNik Robotics Raises $2M in Pre-Seed Funding
PickNik Robotics, a Bolder, CO-based unstructured robotics company, raised $2m in pre-seed funding. The round was led by Stellar Ventures and Cypress Growth Capital. The investment augments PickNik’s existing $5M in non-dilutive SBIR funding contracts with NASA JSC, NASA Ames, and Space Force. The company intends to use the funds to further develop its robotics platform MoveIt Studio, which enables any […]
Zolve Secures Warehouse Debt Facility Of Up $100M
Zolve, a NYC-based cross border fintech company helping immigrants across the world gain access to financial services, secured a warehouse debt facility of up $100m from Community Investment Management (CIM). The $100m debt fund secured from CIM will be used for further expansion across UK, Canada and Australia. Led by Raghunandan G, Founder, Zolve is a fintech company which provides financial services […]
Relay.app Raises $3.1M in Additional Funding
Relay.app, a San Francisco, CA-based company providing workflow automation products, raised $3.1M in additional funding. The round was led by Andreessen Horowitz. The company intends to use the funds to expand operations and its business reach. Led by Founder and CEO, Jacob Bank, Relay.app is an automation tool that combines AI assistance, human-in-the-loop collaboration, and a […]
Top 5 Smartphones in India
iQOO Z6 Lite 5G: Fastest phone at this price point of 12999 in India. There are certain offers which provides you additional up to 15% discount. It’s a steal 🙂 It’s the World’s First Snapdragon 4 Gen 1 Processor, that allows you to level up your performance with confidence through its efficient 6nm Process. Samsung […]
Bedrock Energy Raises $8.5M in Seed Funding
Bedrock Energy, an Austin, TX-based technology startup that designs, constructs, and delivers geothermal heating and cooling systems, raised $8.5M in Seed funding. The round was led by Wireframe Ventures, with participation from Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. Bedrock’s drilling rig employs technologies that […]
Perch Energy Raises $30M from Nuveen
Perch Energy, a Boston, MA-based a clean energy technology platform and community solar servicer that connects solar developers with consumers, raised $30M in Series B funding. Noveen made the investment. The company intends to use the funds to support the continued development of its clean energy tech platform, accelerate expansion into new sales channels, products, […]
Matic Raises $20M in Series B Extension Up-Round
Matic, a Columbus, Ohio-based embedded insurtech platform provider, raised $20m as an extension to its Series B. The round included $17m in Series B equity co-led by IA Capital Group and Cultivation Capital with participation from existing investors Fenway Summer, MTech Capital, Nationwide Ventures, and Allstate Strategic Ventures, and the majority led by new investors, […]
Grand Ventures Closes Fund II, at $50M
Grand Ventures, a Grand Rapids, MI-based venture capital firm, closed a $50m second fund to invest in early-stage companies. Fund II received support from its existing investor base while adding new limited partners, including family offices. Managed by General Partners Tim Streit, Camila Noordeloos, and Nathan Owen, the fund invests in Seed stage companies within […]