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T-REX Raises $40M Led by Riverstone Holdings to Accelerate Investment in Sustainable Infrastructure and Private Credit Markets

NEW YORK & TEL AVIV, Israel, Jan. 26 (Korea Bizwire) — T-REX Group, Inc. (“T-REX”), a SaaS provider supporting the asset-backed financing industry, has announced a $40 million Series C funding round today, led by Riverstone Holdings LLC and Riverstone affiliates (“Riverstone”), with participation from existing shareholders Citi (NYSE: C), ClearSky, Westly Group, Viola FinTech, [...]

MyCointainer Raises $6 Million in Seed Round to Develop Its Yield Earning Platform

TALLINN, Estonia, Jan. 25 (Korea Bizwire) — MyCointainer, a platform for easy yield staking, announced it has raised $6 million in a Seed Round. The event was led by Maple Block and co-led by Shima Capital & ByBit – one of the dominant cryptocurrency exchanges worldwide. Numerous high-profile angel investors also participated in the round. [...]

GRAID Technology Secures $15M USD Series A Funding, Accelerates Growth in the Data Storage & Protection Market

SANTA CLARA, Calif., Jan. 25 (Korea Bizwire) — GRAID Technology announced today that it has secured a $15 million USD Series A funding round, led by Capital TEN. Additional investors include Cathay Venture Inc., China Investment & Development Company Ltd., Huitung Investments, Neo Capital Investment Corporation Ltd., Paragon Investments Inc., and Yuanta Venture Capital Co. [...]

Sibros Closes $70 Million Series B Funding to Power the Connected Vehicle Ecosystem

SAN JOSE, Calif., Jan. 25 (Korea Bizwire) — Connected vehicle platform company Sibros today announced its $70 million Series B funding round led by Energy Impact Partners (EIP) with participation from Fontinalis Partners, Google (NASDAQ: GOOG), Iron Pillar, Qualcomm Ventures and existing investors Nexus Venture Partners and Moneta Ventures. The funding will be used to fuel the [...]

Neology Receives $50 Million of Capital Injection to Accelerate Smart Mobility Solutions

SAN DIEGO, Dec. 22 (Korea Bizwire) — Neology, a global innovator that is re-imagining mobility for smart cities and safer communities, today announced a successful investment of $38 million (thirty-eight million dollars) from AINDA, a private equity firm focused on infrastructure, in addition to $12 million (twelve million dollars) of cash coming from Neology’s subsidiary [...]

General Fusion Closing Oversubscribed $130 Million Transitional Financing Round

VANCOUVER, British Columbia, Nov. 30 (Korea Bizwire) — General Fusion announced today it is closing an oversubscribed $130 million (USD) Series E funding round filled by a new syndicate of global investors. This financing, led by Temasek, significantly expands the company’s portfolio of institutional, sovereign, family office, and high net worth investors, providing the prelude [...]

OTA Insight Raises $80M Series B Funding from Spectrum Equity to Bring Data-Driven Decisions to Hospitality Industry

LONDON, England, Nov. 18 (Korea Bizwire) – OTA Insight, the global leader in cloud-based hospitality business intelligence, has raised $80 million from Spectrum Equity, a leading growth equity firm focused on internet-enabled software and transformational data companies. Spectrum Equity joins existing OTA Insight investors Eight Roads, F-Prime Capital and Highgate Technology Ventures. This latest investment will [...]

mimik Technology Closes $14.3 Million Extended Series A Funding Round Led by Pier 88

SAN FRANCISCO, Nov. 3 (Korea Bizwire) — mimik Technology, Inc., a pioneer in hybrid edge cloud technology and business solutions, today announced a $14.3 million Series A funding round led by Pier 88 Investment Partners, a San Francisco-based alternative investment management firm. Other participants include Cathie Wood, Founder, CIO and CEO of ARK Invest and [...]

Devo Announces $250 Million Funding Round Led by TCV

CAMBRIDGE, Mass., Oct. 26 (Korea Bizwire) – Devo Technology, the cloud-native logging and security analytics company, today announced $250 million in Series E funding at a valuation of $1.5 billion. TCV led the round, along with new investors General Atlantic and Eurazeo and existing investors Insight Partners, Georgian, Bessemer Venture Partners, and Kibo Ventures. The round brings the total capital raised to more than $400 million. The [...]

Element Finance Raises Second Fund to Lend $40M to Growing SaaS Companies

SAN ANTONIO, Oct. 12 (Korea Bizwire) – Element Finance, a leading provider of growth funding offering flexible and capital-efficient venture debt and revenue-based finance solutions, has announced the raise of its second fund, giving it access to over $40 million. The investment comes from both new and original investors from the firm’s initial $14.5 million fundraising effort. [...]