Particle raises $10.9M in Series A funding led by Lightspeed Venture Partners and Axel Springer
Amount Raised
$10.9 Million
Round Type
Series A
San FranciscoInformation TechnologyArtificial IntelligenceNewsInvestors
Description
Particle, a news reader startup, has raised $10.9 million in Series A funding. The funding round was led by Lightspeed Venture Partners and included investment from Axel Springer, a global media company known for brands like Business Insider, Politico, Welt and Bild. In addition, Particle has partnered with news organization Reuters to collaborate on new business models.
Quick answer
Particle Industries raised $10.9 Million in a Series A round, dated June 11, 2024. Investors: Axel Springer and Lightspeed Venture Partners. Particle Industries is based in San Francisco, California, United States.
- How much did Particle Industries raise?
- Particle Industries raised $10.9 Million in a Series A round on June 11, 2024.
- Who invested in Particle Industries?
- Axel Springer and Lightspeed Venture Partners are named as investors in this round.
- What does Particle Industries do?
- Particle is the leading edge-to-cloud infrastructure for the Internet of Things, helping thousands of companies power world-class connected machines, sensors, and devices.
- Where is Particle Industries based and how big is it?
- Particle Industries is based in San Francisco, California, United States. Fundz records about 116 employees.
- Who are the decision-makers at Particle Industries?
- Fundz holds 1 contact at Particle Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in News and Artificial Intelligence around the same time
Companies in the same sectors as Particle Industries that raised within 45 days of this round, from Fundz verified event records.
- ProrataAI raised $2.5M on May 10, 2024.
- Axe Compute Inc. raised $2.2M on July 26, 2024.
- Tech1M raised $750K (Pre-Seed) on July 26, 2024.
- Fractile raised $15M (Seed) on July 26, 2024.
- IntelePeer raised $140M (Debt Financing) on July 26, 2024.
- Sustainable Metal Cloud (SMC) raised $950M (Funding Round) on July 26, 2024.
Who to call at Particle Industries, and when
A new round usually means Particle Industries is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Particle Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Particle Industries, from your own LinkedIn network
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Funding Insights
What this usually meansParticle Industries raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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