Revel unveils electric vehicle fast charging superhub with 25 chargers in Brooklyn

On a muggy Tuesday morning in Brooklyn, electrified mobility company Revel unveiled its first electric vehicle fast charging superhub. U.S. Secretary of Energy Jennifer Granholm joined the New York-based startup, alongside Revel’s founder and CEO Frank Reig in a ribbon cutting ceremony.  “Thank you, ⁦Revel, for being an example of what we need in this country[…] Thank […]

Soft Robotics raises another $10M, citing pandemic-related demand

Add Soft Robotics to the long list of automation companies that have seen a boost in investment interest amid the pandemic. The New England-based firm announced this morning a $10 million raise that serves as an extension of the $23 million Series B it announced in January of last year. The extension was led by […]

Beeflow raises $8.3 million to save the bees AND put them to work

Bees are absolutely critical to the health of our agricultural system, ecosystem, and overall wellbeing as a species here on Earth. And yet bee populations are decreasing and extinction concerns are growing. Beeflow, a startup that today announced the close of a $8.3 million Series A round, is looking to both save the bees and […]

Co-op raises $5.8M to help online merchants land customers for less

Ask anyone looking to sell online about their customer acquisition costs compared to a few years ago, and you’ll hear a tale of woe. Channels that were once a cost-effective ground for acquiring customers, like various social networks, have become increasingly pricey real estate. Facebook’s recent broaching of the $1 trillion market cap threshold attests […]

Arrows raises $2.75M to build out its customer onboarding software

This morning Arrows, a startup building software to help software companies onboard their customers, announced that it has raised a $2.75 million round led by Google’s Gradient Ventures. The round was joined by a host of angels, including funds from Sprout Social founder and CEO Justyn Howard. Per Arrows CEO Daniel Zarick, the company had […]

Construction robotics company Toggle raises $8M

New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. The round was led by Tribeca Venture Partners and featured Blackhorn Ventures, Point72 Ventures, New York State and Twenty Seven Ventures. It follows a $3 million seed round raised in late-2019. Robotics in general have been a massively […]

SaaS-focused Acceleprise rebrands, raises $30M in new capital

TechCrunch has covered Acceleprise several times over the years, including a look at its mid-2020 accelerator startup batch from its three accelerators. The firm has long focused on business-to-business SaaS startups, helping them get their start in a competitive global software market. As of today, Acceleprise is now Forum Ventures, according to the group’s CEO […]

Orum raises $56M to help speed up intrabank transfers

Orum, which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding. Accel and Canapi Ventures co-led the round, which also included participation from existing backers Bain Capital Ventures, Inspired Capital, Homebrew, Acrew, Primary, Clocktower and […]