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SplitSpot Raises $2M in Funding to Simplify Rental Process for Tenants and Landlords
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SplitSpot Raises $2M in Funding to Simplify Rental Process for Tenants and Landlords
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products .
NuvocargoApril 7, 2021 GMT
NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) Nuvocargo, the only all-in-one digital platform for US/Mexico trade, announced today it has closed a $12M round of Series A funding led by QED Investors alongside new investors including David Velez (Founder/CEO, Nubank), Michael Ronen (Branded/SoftBank, who led Flexport’s $1B Series D), FJ Labs, Clocktower, Karim Atiyeh (Founder/CTO of Ramp), Raymond Tonsing (Caffeinated Capital), Satya Patel (Homebrew), Sebastian Castro (Founder, Kushki), and more. Existing investors NFX, ALLVP, MAYA Capital, Magma Partners, One Way Ventures, Ride Ventures, and others also participated. This round brings Nuvocargo’s total funding to $17.3M.
Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products for Shippers
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Mighty Buildings nabs $40M Series B to 3D print your next house
Once upon a time, the idea of 3D-printed homes felt like a thing of the future.
But as housing gets less and less affordable especially in ultra-expensive markets such as the Bay Area companies are getting creative in their quest to build more affordable homes using technology.
One of those companies, Oakland-based Mighty Buildings, just raised $40 million in Series B funding for its quest to create homes that it says are “beautiful, sustainable and affordable” using 3D printing, robotics and automation. It claims to be able to 3D print structures “two times as quickly with 95% less labor hours and 10-times less waste” than conventional construction. For example, it says it can 3D print a 350-square-foot studio apartment in just 24 hours.