Pivotal Commware announced the closing of a $102 million Series D round led by Gates Frontier and Tracker Capital. Joining them as co-leads are funds managed by affiliates of Fortress Investment Group LLC and Blue Investment Group. Existing investors, including Verizon Ventures, Devonshire Investors, Thermo Companies, DIG Investment XV AB and Lux Capital, also participated.
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Pivotal Commware raises $102M for mmWave FWA rollout
Startup Funding: July 2023
Investors pumped more than $2.8 billion into 123 companies July. It was a particularly strong month for photonics companies, with a photonic integrated circuit foundry raising more than $100 million.
CoreTigo receives Amazon investment for industrial wireless connectivity
CoreTigo, an industrial wireless automation provider, has announced that Amazon has joined their Series B1 round of fundraising.
Global VC deals for July 7, 2023
Internet-of-things startup Nami has raised a $10.5 million Series A from investors including Verizon Ventures, Amavi Capital and INSPiRE.
Sanctuary AI Successfully Deploys Human-Like Intelligence Robots in Commercial Partnership with Canadian Tire Corporation
Sanctuary AI announced the successful deployment of its unique system, marking the world’s first implementation of such advanced technology at a customer commercial facility through its collaboration with Canadian Tire Corporation (CTC).