BURRO CLOSES $24 MILLION SERIES B CO-LED BY CATALYST INVESTORS AND TRANSLINK CAPITAL
PHILADELPHIA, Jan. 9, 2024 /PRNewswire/ — Burro, a Philadelphia-based autonomous mobility company, closed a $24 million Series B co-led by New York City-based growth equity firm Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and Cibus Capital. As part of the round, Brian Rich, managing partner with Catalyst Investors, and Kaz Kikuchi from Translink Capital, will join the […]
FiscalNote’s CEO Tim Hwang Named as an EY Entrepreneur Of The Year® 2023 Mid-Atlantic Award Winner
WASHINGTON–(BUSINESS WIRE)– Thursday, June 29, 2023 – Ernst & Young LLP (EY US) has announced that Tim Hwang, Chairman, CEO, and Co-founder of FiscalNote Holdings, Inc. (NYSE: NOTE) (“FiscalNote”) – a leading AI-driven enterprise SaaS technology provider of global policy and market intelligence – has been named an Entrepreneur Of The Year® 2023 Mid-Atlantic Award winner. The Entrepreneur Of […]
Twelve and Etihad Airways partner to advance sustainable aviation fuel made from CO2 and renewable energy
BERKELEY, Calif.–(BUSINESS WIRE)–Carbon transformation company Twelve and Etihad Airways, the national carrier of the United Arab Emirates, announce today a Memorandum of Understanding (MOU) to collaborate on advancing E-Jet® fuel, Twelve’s sustainable aviation fuel (SAF) made from CO2 and renewable energy, and plans to work towards an international demonstration flight and a supply roadmap that supports Etihad’s sustainability strategy. […]
Wingcopter, Germany’s drone delivery startup, raises another $44M from the EIB
Wingcopter, a startup out of Germany that has made a name for itself in the world of delivery drones used primarily for delivery of medicine and other goods to remote areas, has picked up some more financing to expand its business. The European Investment Bank is putting €40 million (close to $44 million) into the […]
FiscalNote Announces First Quarter 2023 Financial Results with 21% Revenue Growth Year-over-Year
WASHINGTON–(BUSINESS WIRE)– FiscalNote Holdings, Inc. (NYSE: NOTE) (“FiscalNote” or the “Company”), a leading AI-driven enterprise SaaS technology provider of global policy and market intelligence, today announced financial results for the first quarter ended March 31, 2023. These results mark another quarter of delivering on expected results driven by durable recurring revenue and high gross margins, which form […]
Farm-ng’s Robotics Platform for Farmers Receives Additional Backing
The Company Closes Latest Funding Round & Wins Small Farm Innovation Award Watsonville, CA (February 28, 2023) – farm-ng Inc. announced its latest round of funding to support its general purpose robotics platform designed to help farmers grow food profitably with affordable automation. The investment, led by Xplorer Capital, will be used to scale up […]
Noon Energy Raises $28 Million To Develop Carbon-Based Long Term Energy Storage
Noon Energy is a battery startup co-founded by Chris Graves, a former NASA engineer who was once involved in researching how to extract oxygen from carbon dioxide on Mars as part of NASA’s Perseverance Mars rover program. As he delved into that assignment, Graves realized the process could be tweaked to store clean energy very cheaply […]
Electrada Selects Ampcontrol’s Charging Management Software for EV Fleetsv
New York, NY, December 13th, 2022 — We are proud to announce that Electrada, a complete electric fuel solutions company, has licensed Ampcontrol’s innovative charging and energy management software (EMS) platform as part of its effort to provide the market’s highest-reliability fleet electrification services. This partnership allows Electrada to grow 360 Charging-as-a-Service (CaaS), its EV charging infrastructure solution […]
Gather AI Raises $10M Series A to Deliver Real-Time Inventory Visibility to the Supply Chain, Minimizing Challenges with Warehouse Operations and Labor Shortages
PITTSBURGH, Oct. 6, 2022 /PRNewswire/ — Gather AI, a supply chain robotics company, today announced a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans. This latest funding accelerates Gather AI’s go-to-market strategy and continued development of their leading real-time […]
EverestLabs raises $16.1M for AI that sorts recyclables
During a family trip to India, Jagadeesh Ambati was shocked by how broken the local recycling system had become. After complaining about it to his wife, she challenged him to make a change. He did, eventually, founding EverestLabs to develop an AI system to help recycling facilities recover more waste on average than they did before. Fast-forward […]