Transportation startup Optimus Ride just closed $1.1 million in financing from an undisclosed investor. Optimus Ride Inc. is an MIT spinoff company based in Cambridge, MA, that develops self-driving technologies to enable safe, sustainable and equitable mobility solutions. The company is designing a fully autonomous system
Software startup CognitiveScale announced it has raised $15 million in financing. Norwest Venture Partners, Intel Capital, Microsoft Ventures, The Westly Group, and USAA participated in the funding. CognitiveScale is a provider of enterprise Cognitive Cloud™ software, a new class of big data interpretation and machine
Fusion Risk Management announced it has closed $41 million in Series C financing. Catalyst Investors and Level Equity participated in the round. Founded in 2006 by an experienced team of industry leaders, Fusion is a leading provider of cloud-based continuity risk management software, contingency planning
AEye announced it has raised $16 million in Series A financing. Five investors participated in the round, including Kleiner Perkins Caufield & Byers, Airbus Ventures, Intel Capital, and Tyche Partners. AEye develops advanced vision hardware, software and algorithms that function as the eyes and visual cortexes
Edtech startup wonderschool announced the close of $2 million in Series A financing. Six investors contributed to the round: First Round Capital, SoftTech VC, Lerer Hippeau Ventures, FundersClub, Edelweiss Syndicate and Cross Culture Ventures. Wonderschool was started in 2016 by a group of educators and technologists
Agtech startup Yofumo closed $1.5 million in seed financing. Two investors contributed to the round, including MedScience Ventures. Yofumo Technologies is dedicated to improving the safety, efficiency and quality of the post-harvest system for cannabis, spices, herbs, and other specialty food industry applications.
Storage startup Clutter announced it has secured $64 million in Series C financing. Four investors contributed to the round: Atomico Ventures, Sequoia Capital, GV, and Fifth Wall Ventures. Clutter is a tech-enabled storage company that aims to disrupt the $33-billion self-storage industry. The company’s technology platform
Akeso Biomedical completed $4.4 million in financing from an undisclosed investor. Akeso Biomedical is a food safety company that is developing new solutions for the treatment of bacterial infections using a broad-spectrum iron complex chemistry approach discovered by researchers at the University of Nottingham in the
Consumer startup Yumi announced the close of $4.1 million in seed financing. August Capital and New Enterprise Associates participated in the funding. Yumi aims to be the definitive source for parents seeking to understand what they are feeding their children. It offers a science-based early
Software startup Jyve just closed $6 million in financing from an undisclosed investor. Jyve aims to revolutionize the consumer packaged goods industry by providing on-demand merchandise and field sales solutions and by connecting brands with on-demand labor.