1MRobotics, a specialist in robotic dark stores, has raised $16.5 million in Series A funding led by Ibex Investors with participation from its existing backers Emerge VC, Target Global, and INT3.
This brings the total raised to $25 million, including a seed round of $8.5 million.
“Last mile delivery is a highly challenging space where any brand/retailer/operator is pushing to deliver at maximal efficiency and in the shortest time window possible. Dark stores are a new class of infrastructure that is essential for Quick-Commerce and Direct-to-Consumer retail,” says Co-founder and CEO Eyal Yair.
“1MRobotics develops robotic nano-fulfilment centres, creating the next-gen dark stores designed specifically to meet the ever growing need for rapid delivery and enabling quick expansion and optimal unit economics. Our systems are shipped globally inside standard shipping containers, ready to operate.”
4. Instant Commerce
Instant Commerce, a headless storefront builder, has secured a €5.4 million seed.
The round was led by HV Capital and joined by Hearst Ventures and existing investor firstminute capital.
Since being founded at the start of 2022, Instant Commerce has landed more than 30 clients including Bols, ID&T, Ekster, and Yaya.
This latest round comes eight months after it raised €2.1 million pre-seed from firstminute capital and various angel investors, bringing total investment to €7.5 million.
Ledgy, an equity management platform for startups, has announced a $22 million Series B funding round led by venture capital firm, New Enterprise Associates (NEA), with participation from Sequoia Capital, Speedinvest, btov, Visionaries Club and VI Partners, as well as existing angel investors.
This comes one year after its $10 million Series A, led by Sequoia, which saw Luciana Lixandru (Partner, Sequoia) join Ledgy’s board.
As part of the Series B funding, Jonathan Golden, Partner at NEA, will also now join the Ledgy board.
The firm will use the funds to recruit new staff members, increase the pace of product and feature development, and expand its presence in Europe.
Golden says: “Through my lens as an investor at NEA, combined with my past experience at category-defining companies like Airbnb, Dropbox and Hubspot, I’ve seen the central role ownership plays in building enduring companies.”
“The equity management challenge is especially acute in Europe, with different legal structures governing equity in every country.”
“Ledgy has created a smart and powerful equity software platform and built an incredible, best-in-class team to support it. It understands the challenges faced by companies as they scale, and we are thrilled to partner with the Ledgy team as they continue to reinvent how companies think about equity and ownership.”