Tag: Financial
Space Force Pauses New GPS Satellite Orders
Too many GPS satellites are awaiting launch...
The U.S. Space Force has announced that it is pausing new orders of GPS satellites as there are several in...
Cognosis Raises $25 Million, Says 2022 Revenue Tripled
Asset tracking company Cognosos has raised $25 million in a growth round led by Riverwood Capital. The company, which has tailored its real-time location services (RTLS) to...
Mappedin Raises $8.6 Million in Series A Funding for Indoor Mapping...
Indoor map creator Mappedin announced last week that it has raised $8.6 million in Series A funding. San Diego-based Channel Equity Partners led the round.
The company said the...
Sheeva.AI Grabs $9.25 Million in Series A Funding
Sheeva.AI has finalized a $9.25 million Series A funding round, led by investors Reynolds and Reynolds Company, with additional funding from Poppe + Potthoff Capital GmbH and Pegasus Tech...
Swift Navigation Raises $100 Million
Company has raised a total of $200 million to expand into ADAS, autonomy, industrial machine control and commercial transportation markets.
Swift Navigation has announced that it...
Hoopo Raises $10 Million in Series A Funding
Israel-based Hoopo last week announced that it has raised $10 million in Series A funding. The round, led by ZIM ZIM 5.72%↑ and theDOCK, brings the total funding raised to...
Airspace Link Gains $23.1 Million in Funding, Completes 10-day Flight Operation
Detroit-based drone safety infrastructure provider Airspace Link has announced a Series B investment of $23.1 million.
The investment was led by Avanta Ventures in California. Other investors include Morningside, Caprock, Altos...
SPYR Technologies Acquires GeoTraq For $13.5 Million
SPYR Technologies has acquired GeoTraq from JanOne Inc. for $13.5 million. GeoTraq develops and manufactures IoT modules for asset tracking, location-based services, and sensor modules for remote monitoring.
GeoTraq...
Tive Raises $54 Million in Funding
Logistics Tracking Company Grew Revenue by 300 Percent in 2021
Boston-based Tive has announced a $54 million Series B round of funding. The supply chain and logistics...
Supply Chain Woes Haunt TomTom in Quarter Loss
Company believes supply chain shortages will continue to 2023
Citing continuing supply chain shortages, digital mapping company TomTom last week reported a larger-than-expected quarterly loss. For...
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