Root Insurance, the car insurance company that incorporates individual driving behavior in every quote, announced yesterday $100 million in Series D funding. This latest round, led by Tiger Global Management, raises Root’s valuation to $1 billion and provides additional capital to deepen penetration in existing markets, expand into new states, and fuel hiring plans, with […]
Huron Capital and Former Valspar Exec Form Adhesives and Sealants Company
Huron Capital has co-founded Brudner Polymer Corporation with David Brunori, former Business Director (Americas) for Valspar Automotive, to build a company in the adhesives and sealants industry. Through Brudner, Huron Capital plans to invest in technologically-advanced adhesive and sealant companies serving a variety of geographies and end markets. The company will focus fragmented end markets […]
Toyota Research Institute Makes $100 Million Investment To Bring Disruptive Tech To Market Faster
Initial investments funding autonomous vehicle technology, artificial intelligence and robotics. The Toyota Research Institute (TRI) announced it is investing an initial $100 million to launch Toyota AI Ventures, a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI launched the venture by contributing initial investments it has made in […]