Prelude Ventures related stories
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Pivot Bio snags $100m Series CBerkeley, California-based Pivot Bio, an agtech startup, has raised $100 million in Series C funding.
Prelude Ventures leads Series A round for OptimoRouteOptimoRoute, a route planner tech startup, has secured $6.5 million in Series A funding.
Citrine Informatics picks up $20 mln Series BRedwood City, California-based Citrine Informatics, a developer of the first materials artificial intelligence operating platform, has secured $20 million in Series B funding. Prelude Ventures and Innovation Endeavors led the round with participation from other investors that included Moore Strategic Ventures and Next47.
- Fortify grabs $10 mln Series A
Boston-based Fortify, a 3D printing startup, has secured $10 million in Series A funding. Accel led the round with participation from Neotribe, Prelude Ventures and Mainspring Capital Partners.
- VC-backed Zapata Computing beefs up board with new addition
Cambridge, Massachusetts-based Zapata Quantum, a quantum computing startup, has named Rhonda Germany Ballintyn to its board. Ballintyn is the former corporate vice president, chief strategy and marketing officer at Honeywell International. Zapata is backed by Comcast Ventures, Prelude Ventures, Pitango Ventures, BASF Venture Capital, Robert Bosch Venture Capital, Pillar VC and The Engine.
- Prelude Ventures leads Series B round for LevelTen Energy
Seattle-based LevelTen Energy, a renewable energy procurement platform, has raised $20.5 million in Series B funding. Prelude Ventures led the round. In conjunction with the funding, Tim Woodward, a managing director at Prelude Ventures, will join LevelTen Energy’s board of directors.
- Zapata Quantum secures $21 mln Series A
Cambridge, Massachusetts-based Zapata Quantum, a quantum computing startup, has raised $21 million in Series A financing. Comcast Ventures and Prelude Ventures led the round with participation from other investors that included Pitango Ventures, BASF Venture Capital, Robert Bosch Venture Capital, Pillar VC and The Engine.
- Breakthrough Energy Ventures leads Series A round for Boston Metal
Woburn, Massachusetts-based Boston Metal, a provider of metals production solutions, has raised $20 million in Series A funding. Breakthrough Energy Ventures led the round with participation from Prelude Ventures and The Engine.
MineSense nabs $23.5 mln in VC to commercialize mining techMineSense Technologies, a Vancouver-based digital mining solutions provider, has secured $23.5 million (US$18 million) in its latest financing. The round was led by Prelude Ventures and joined by strategic investors Caterpillar Inc, Mitsubishi Corp and new backer ABB Technology Ventures, the venture capital arm of Europe's ABB Group. Existing investors Aurus Ventures, Chrysalix Venture Capital and Cycle Capital Management also participated. MineSense, founded in 2008, provides real-time, sensor-based ore data and sorting solutions for large-scale mines. CEO Jeff More said the funds raised will accelerate the commercialization of the company's digital offering.
Mitsubishi invests $5 mlin to bring MineSense's tech to marketMineSense Technologies Ltd, a provider of sensor-based ore data and sorting solutions for large-scale mines, has secured an investment of about $5 million (US$4 million) from Japanese conglomerate Mitsubishi Corp. The deal, which follows MineSense's $19 million round /canada/2017/02/3436212/ last year, will accelerate the company's digital offering and support a strategy to "expand into key mining regions worldwide," CEO Jeff More said. Mitsubishi's investment took the form of a convertible bond. Founded in 2008, Vancouver-based MineSense's other investors include Aurus Ventures, Caterpillar Ventures, Chrysalix Venture Capital, Cycle Capital, EDC and Prelude Ventures.