According to a recent SEC filing, transportation startup Efficient Drivetrains has raised $2.6 million in financing from an undisclosed investor. Efficient Drivetrains, Inc. (EDI), designs and manufactures high-efficiency, continuously variable transmissions (CVT) for electric vehicle developers, manufacturers, and suppliers. EDI's hybrid electric drivetrain systems and technologies
Mobile company Blend just closed $100 million in Series D financing. Greylock Partners, Emergence Capital Partners, 8VC, Lightspeed Venture Partners, and Nyca Partners participated in the funding. Blend is a Silicon Valley technology company that aims to transform the consumer lending ecosystem. Blend's technology delivers
Energy and battery startup Romeo Power announced it has secured $30 million in seed financing from an undisclosed investor. Top engineers and designers from SpaceX, Tesla, Samsung, Apple, and Amazon started Romeo Power in 2015 with the belief that safe and reliable energy is crucial to
According to a recent SEC filing, software startup Alkami Technology raised $38 million in financing from an undisclosed investor. Alkami Technology is a privately-owned software company focused on providing e-banking solutions to the financial services industry. Alkami's eBanking solution offers a higher level of control and
AutoFi announced it has secured $10 million in Series A financing. Three investors participated in the round: Crosslink Capital, Ford Motor Co., and Lerer Hippeau Ventures. AutoFi is an online point-of-sale financing solution that allows consumers to purchase and finance a vehicle entirely online through a
According to a recent SEC filing, Software startup WatrHub has raised $500,000 in financing from an undisclosed investor. Both Canada and the U.S. need to rebuild aging water infrastructure. The cost of replacing pipes, pumps, valves, treatment equipment, and the software to run them all during
Ember Technologies announced it has raised $13 million in Series C financing from a group of individual investors. Launched in November 2016, Ember's flagship product, the Ember mug, is the only temperature adjustable mug that keeps coffee or tea at a consistent drinking temperature from
According to a recent SEC filing, martech startup Pypestream has raised $7 million in financing from an undisclosed investor. Pypestream is a customer engagement solution that connects businesses to their customers through the power of smart messaging to drive satisfaction and loyalty. The secure and compliant
German lighting solutions company Osram announced that it has agreed by buy U.S.-based software provider Digital Lumens. According to Reuters, the financial terms total a mid-double-digit million-dollar sum. Digital Lumens is rapidly redefining the lighting industry with intelligent LED lighting systems, service offerings, and strategic
According to a recent SEC filing, Calient Technologies has raised $11.9 million in financing from an undisclosed investor. Calient Technologies is a global leader in adaptive optical circuit switching, with systems that enable dynamic optical layer optimization in next generation data centers and software defined networks.