Tech Company Financing Transactions
Bearing Funding Round
AI Fund and Mitsui & Co. joined a $7 million Seed funding round for Bearing. The round closed on 8/17/2022.
Transaction Overview
Company Name
Announced On
8/17/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Proceeds Purpose
The company, which brought total funding raised to date to $10m, intends to use the funds to accelerate ongoing R&D and go-to-market efforts for the new CII product.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
195 Page Mill Rd 115
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Undisclosed
Website
Email Address
Overview
Bearing's software makes transitioning to green shipping simple. Predict CII rating with extreme accuracy and make data-backed decisions to bring every vessel into compliance. Get up and running within days. No hardware, no coding, no workflow changes needed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dylan Keil
Chief Technical Officer
David Liu
Browse more venture capital transactions:
Prev: 8/17/2022: Super Payments venture capital transaction
Next: 8/17/2022: ThreatX venture capital transaction
Share this article
News on VC Transactions
We do our best to record tech company VC transactions. VC transactions on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs