ISEE raised $40.0M in a Series B round led by Founders Fund, joined by Maersk Growth, Eniac Ventures, New Legacy, and others. ISEE develops self-driving technology specifically for yard trucks that move shipping containers around in logistics yards. “By leveraging advanced cognitive modeling, game theory, and deep learning, we’ve developed proprietary technology that’s a perfect match for the challenges of a logistics yard,” said ISEE co-founder and CEO Yibiao Zhao. A spin out from MIT founded in 2017, it is based in Cambridge, Massachusetts, USA, and has raised $70M to date. Leia Inc. received $125.0M in debt financing from Aon Advantage Funds.
What are the four stages of start up financing?
There are typically four stages of startup funding: Seed, Series A, Series B, and Series C.
The goal of a venture capital investment is a very high return for the venture capital firm, usually in the form of an …