Founders of Lumen one of the top funding rounds of the week
Tech & VC News
Funding rounds we admired from the last 7 days 
We see these journeys as an inspiration, offering insights to other founders, startups and innovators.
Mary Superlano

Every week we highlight new funding successes from companies bringing about change in their industries.  We amplify the voice of companies delivering on tech innovation whilst also utilizing remote work, or being clear on the importance of D&I to their brand. All ingredients that talent.ai focus on when selecting the best funding rounds of the last 7 days. 

We see these journeys as an inspiration, offering insights to other founders, startups and innovators looking to evolve their stories into something extraordinary.  We know the hard work behind these accomplishments and consistently seek to recognise and applaud those involved from leadership, founders, and their entire teams. 

Congratulations to all the founders and teams!

Series F

Locus Robotics 

CEO – Rick Faulk 

Locus Robotics is a manufacturer of robots for autonomous warehouses. Creating robotics for warehouses to support e-commerce demand and logistics. The technology is made to seamlessly work alongside humans and improve fulfilment capabilities. 

Massachusetts-based Locus Robotics just sign a massive $117 Million Series F investment from Goldman Sachs Asset Management and G2 Venture Partners. This brings the company’s total funding to $430 Million. 

LocusBots, are the company’s robots and are already present with over 90 clients around the globe, in more than 230 warehouses with each one using up to 500 of the robots. Talk about incredible fast-paced growth!  

Series B 

Keyrock 

CEO & Co-Founder – Kevin de Patoul

Keyrock is a leading fintech company developing infrastructure for the crypto space, supplying liquidity and market-making services for cryptocurrencies. The company already works with over 85 trading venues and has expanded into 200 markets. 

Despite a year marked by instability in the crypto world, Keyrock is steadily growing. Increasing its trading volume threefold, doubling its workforce and securing a significant $72 Million Series B investment from Ripple, SIX Fintech Ventures and Middlegame Ventures. 

According to CEO Kevin de Patoul the funds will “Allow us to expand on that and dramatically accelerate executing our vision to provide liquidity solutions for all digital assets”.1

Lumen is one of the funding rounds we admired this week
Lumen founders Dror Ceder, Merav Mor, Avi Smila, Michal Mor & Daniel Tal Mor. Credit: Lumen

Lumen 

CEO & Co-Founder – Daniel Tal Mor 

Lumen is a metabolic measuring device and app that works by collecting information from your breath. The device takes data from breath and provides metabolic information, and suggestions based on that analysis. 

Lumen which started as a family project and broke its first million in funding rounds in an Indigogo campaign, just received a boosting Series B investment for $62 Million led by Pitango Venture Capital. The funds will go toward expanding growth and new innovation efforts. 

Tel-Aviv-based Lumen was the passion project of twin sisters Merav and Michal Mor, two Iron-Man athletes. They wanted to develop a way of getting metabolic information, deliver more personalized nutrition for less and make it more accessible to all. We’d say mission accomplished! 

Dwarfs 

CEO & Co-Founder – Demian Beenakker

Dwarfs is a platform that buys e-commerce brands and grows them in different marketplaces. The only marketplace aggregator originating in its region, the company is expecting to grow exponentially in the coming years. 

The Dutch company just received a €30 Million Series B funding rounds, which they admit they were expecting to be bigger but was reduced by external situations 2. Dwarfs will make the most of the funding by pursuing acquisitions, and hopefully reaching a turnover tipping point. 

Despite setbacks, Dwarfs has achieved both growth and investment for its future plans, just the type of perseverance and success under pressure that makes a great growth journey! 

Series A 

Kore-Power 

CEO & Co-Founder – Lindsay Gorrill

Kore-Power is a manufacturer of EV technology including battery cell development, electric vehicle charging, microgrids and more applications. Parts of the rapidly accelerating EV sectors that looking to scale EV adoption in quick strides. 

Idaho-based Kore-Power just secured an impressive $150 Million fundraising effort which begins with a $75 Million Series A round. The company is using the funds to complete its massive battery cell factory. 

Kore-Power is expected to announce even more agreements, and to have its factory completed by 2024. This gigafactory will be a game changer for Kore-Power and will impact its position in the industry for sure! 

Alto Vita 

CEO & Co-Founder – Vivi Cahyadi H

Alto Vita is a software company tacking corporate accommodation with both technology and a human touch. The company offers data related to the market, as well as a policy builder and management for housing. 

London-based Alto Vita just secured $9.5 Million Series A funding rounds from Fifth Wall and Novum Capital Partners to continue expansion. The company has already set an ambitious goal of reaching  2.5 million properties delivered by the end of 2023.

As travel returns to normality, an increasing number of companies embrace remote and hiring globally become the norm, initiatives like Alto Vita find growth in their fresh and tech-forward approach. Can’t wait to see where they go with their scaleup plans! 

OroraTech

CEO & Co-Founder – Thomas Grübler

OrotaTech is a thermal-infrared data intelligence that uses cameras to constantly monitor the earth’s temperature and provide data.  The companies offer these insights to green tech and sustainable enterprises. 

Munich-headquartered OroraTech is a leader in the climate tech industry and just secured a €15 Million Series A round of investment. The funding will help the company launch its second thermal-infrared camera in space next May. 

The second launch and the growth efforts from OroraTech will cement its positioning as the first, and only commercial provider of its type. This a hugely advantageous position for any company looking to scale up! 

TreeCard 

CEO & Co-Founder – 

TreeCard green finance platform that plants trees for its user’s spending. The company is in an exclusive partnership with Ecosia, a search engine that plants trees. 

Its first and signature product is a wooden debit card that tracks spending to plat an actual tree for every €50 spent, plus other eco-friendly benefits like sustainable travel perks and more. 

London-based TreeCard connects their wooden card to customers exiting back accounts and uses 80% of transaction fees to plant trees, the company says over 200 thousand trees have already been planted. The company just received a $23 Million Series A Funding rounds last week to plant even more trees and success!

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