Primus Power raises $25 mln

Primus Power said Wednesday it raised $25 million in Series D funding led by I2BF Global Ventures and the Russia-Kazakhstan Nanotechnology Fund, a fund managed by I2BF. Existing investors Anglo American Platinum, Chrysalix Energy Venture Capital and DBL Partners also participated. Hayward, Calif.-based Primus Power provides low-cost, grid-scale energy storage solutions.

RoboCV snags $3 mln

Moscow-based RoboCV, a maker of autopilot vehicle products, has raised $3 million in funding. The investors were I2BF Global Ventures, VTB Capital Investment Management, LETA Capital, Columbus Nova Technology Partners and Almaz Capital.

VenueBook raises over $2 mln seed funding

VenueBook, an online platform that streamlines interaction between event organizers and venues, has raised over $2 million in seed funding. Previous investor Joanne Wilson of Gotham Gal Ventures is joined in this round by new investors I2BF Global Ventures, Cayuga Ventures, MI Ventures, Kindler Capital and Victoria Grace.

Video ad platform Buzzoola snags $2 mln

Buzzoola said Thursday that it has raised $2 million in seed funding from I2BF Global Ventures’ digital investment arm I2BF Digital. According to the firm, the capital will be used to back its next-generation product as well as support its U.S. market launch. Based in New York and Moscow, Buzzoola is a native video advertising platform.

I2BF Global Ventures invests in Dauria Aerospace

I2BF Global Ventures, a global technology investment firm, has made a $20 million Series B investment in Dauria Aerospace. The business is a global satellite services company involved in the manufacturing of micro and nano satellites and the development of machine-to-machine wireless communication and earth observation technologies.

GMZ Energy Adds $14M

Waltham, Mass.-based GMZ Energy has raised $14 million in Series C financing. Mitsui Ventures led the round, which included participation from I2BF Global Ventures, Energy Technology Ventures, Kleiner Perkins Caufield & Byers and BP Alternative Energy. The company, a maker of thermoelectric materials and systems, will use the infusion to expand its engineering and “go-to-market” capabilities, the company said.


Primus Power Closes $11M

Hayward, Calif.-based Primus Power, a grid-scale energy storage company, has closed on $11 million from DBL Investors, I2BF Global Ventures, Chrysalix Energy Venture Capital and Kleiner Perkins Caufield & Byers. The infusion will be used for development and commercialization of Primus’ distributed storage technology, the company said Tuesday. The company has also previously raised money in grants from the United States Department of Energy, the Advanced Research Projects Agency — Energy, and the California Energy Commission.

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