Outrider has raised a $73M Series C funding round to provide autonomous transportation in the logistics sector. The company is based in Colorado. More: - Outrider provides autonomous yard operations solutions for logistics hubs.
- The company works with clients in the packaging, retail, eCommerce, consumer packaged goods, grocery, manufacturing, and intermodal industries.
- The round was led by FM Capital with participation from a wholly owned subsidiary of the Abu Dhabi Investment Authority and NVentures, NVIDIA’s venture capital arm, B37 Ventures, Lineage Ventures, the corporate venture capital arm of Lineage Logistics, Presidio Ventures, the venture capital arm of Sumitomo Corporation, and ROBO Global Ventures, as well as existing investors Koch Disruptive Technologies, and New Enterprise Associates.
- Since its inception in 2017, the company has raised over $190M.
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Lithium extraction company Summit Nanotech has raised a $50M Series A funding round. Evok Innovations and Climate Tech Fund led the funding round. More: - Summit Nanotech is a lithium extraction company that aims to solve the lithium supply challenges sustainably.
- The company aims to use the funding to expand the global resource base and scale Canadian manufacturing capabilities.
- Xora Innovation, Capricorn Investment Group, Volta Energy Technologies, NGP, Helios Climate Ventures, and The Grantham Foundation also participated in the funding round.
- Summit Nanotech has raised $72M so far.
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Macrofab has raised a $42M Growth round to help companies build electronics more efficiently. The company has worked with Amazon, Berkshire Grey, DOW, etc. More: - Macrofab helps companies manage their electronics products through a network of over 100 factories.
- The company saw a 275% increase in shipments in 2022 and doubled its team.
- Foundry led the funding round, with participation from BMW i ventures, Edison Partners, and ATX Venture Partners.
- The company has raised $82M since its inception.
- Macrofab is based in Houston, Texas.
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Exodigo has closed a $41M Seed funding round to provide subsurface imaging. The Palo Alto and Israel-based company has worked with California's Department of Transportation, LA Metro, etc. More: - Exodigo provides subsurface mapping solutions that combine advanced sensors, 3D imaging, and AI technologies to provide a clear picture of the underground for customers across energy, utilities, transportation, and more.
- The company claims it has over 20 clients in the U.S., Israel, Europe, etc.
- Over $100B is spent annually on excavation projects, a portion of which is wasted due to inaccurate imaging. Exodigo believes its technology largely fixes this problem by providing noninvasive mapping.
- Exodigo has raised funding from Zeev Ventures and 10D Ventures, with participation from National Grid Partners, SquarePeg Capital, JIBE Ventures, Tidhar Construction, Israel Canada, and WXG Ltd.
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💵 Today's funding: SaaS - ThriveCart (Texas) helps companies create a sales funnel and educational courses: $35M Growth led by LTV SaaS Growth Fund.
- ContractSafe (California), provides a cloud-based contract management platform: $27.5M Growth led by Five Elms Capital.
- myInterview (Israel), a smart video interviewing software: $11M A led by Aleph, Entrée Capital, and Jesselson Capital, with participation from SeedIL Ventures, Digital Horizon, and Ocean Azul Partners.
Agtech -
EarthOptics (Virginia), specializes in soil measurement and insights: $27.6M B led by Conti Ventures with participation from Rabo Food & Ag Innovation Fund, CNH Industrial, Louis Dreyfus Company Ventures, CHS, and Growmark's Cooperative Ventures. Healthcare tech - Authenticx (Indiana), provides conversational software used to communicate with patients: $20M B led by Blue Heron Capital with participation from Beringea, Indiana Next Level Fund/50 South Capital Advisors, High Alpha, Mutual Capital Partners, Signal Peak Ventures, Allos Ventures, Elevate Ventures and M25.
Cybersecurity - nsKnox (New York), provides cybersecurity services for banking and B2B transactions: $17M led by Link Ventures and Harel Insurance & Finance, with participation from M12, Viola Ventures, etc.
- accSenSe (Israel), helps protect enterprise data and provides one-click recovery: $5M Seed led by Joule Ventures, with participation from Gefen Capital, Fusion, and independent investors
Biotech -
DeuterOncology (Belgium), a clinical-stage drug development company focusing on lung cancer therapies: $6M A led by Newton Biocapital, Nosha, and Investsud Tech.
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Quick Hits: - Giving dry a try this January? Do it for less. Experience great-tasting non-alcoholic beer without the hangover! Enjoy $10 off your first purchase.*
- Swedish startup passwordless.dev has been acquired for an undisclosed amount by cybersecurity company Bitwarden. The latter is based in Santa Barbara, California.
- Virtual health startup Prescribe FIT has raised a $4M Seed round led by Tamarind Hill. The company is based in Ohio.
- Visura, a Minnesota-based medical device company that aims to improve the quality of transesophageal echocardiogram probe intubations, has raised a $4M Series B funding round.
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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