Tag: Fundings & Exits
Shop-Ware raises cash as cars make a comeback
Shop-Ware has been waiting for a year like 2020 since 2015. The startup, which sells software to neighborhood automotive shops to digitize their operations, had struggled to capture capital from venture firms. Until recently, its sole major investor was aftermarket automotive giant Bosch. For companies like Shop-Ware, the disruptive wake…
Read More
Genesis Therapeutics raises $52M A round for its AI-focused drug discovery mission
Sifting through the trillions of molecules out there that might have powerful medicinal effects is a daunting task, but the solution biotech has found is to work smarter, not harder. Genesis Therapeutics has a new simulation approach and cross-disciplinary team that has clearly made an impression: the company just raised…
Read More
Singapore-based mental health app Intellect reaches one million users, closes seed funding
Theodoric Chew, co-founder and chief executive officer of mental health app Intellect Intellect, a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Google also announced today that the startup’s consumer app,…
Read More
EV bus and truck maker The Lion Electric to take SPAC route to public markets
Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis Acquisition Corp. The combined company, which will be listed on the New York Stock Exchange, will have a valuation of…
Read More
Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal
Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight. The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making…
Read More
Primer, the fintech helping merchants consolidate the payments stack, raises £14M Series A
Primer, the U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The round was led by Accel, who I understand were quite proactive in persuading Primer to take the VC firm’s…
Read More