Accel
Canvas Category Consultancy : Company : Venture Capital
Accel is a global venture capital firm that is the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Atlassian, Bumble, CrowdStrike, Fiverr, Flipkart, Freshworks, Qualtrics, Scale, Segment, Slack, Spotify, Squarespace, Tenable, and UiPath are among the companies Accel has backed over the past 40+ years. We help ambitious entrepreneurs build iconic global businesses.
Assembly Line
Haber Raises $44M to Scale Smart Manufacturing Solutions in North America
Haber, a leading smart manufacturing startup, has successfully raised $44 million in its Series C funding round, which included $38 million in equity and $6 million in debt. The funding round was led by Creaegis, BEENEXT, and Accel, demonstrating strong investor confidence in the company’s innovative AI-driven solutions and its vision for global expansion.
This infusion of capital will fuel Haber’s expansion into North America — a region where the demand for cutting-edge manufacturing technology is soaring. Haber’s AI-powered automation solutions are designed to optimize manufacturing processes, enhance efficiency, and minimize environmental impact, transforming industries from the inside out.
CHAOS Industries Raises $145 Million Series B to Accelerate Defense and National Security Technology Development
CHAOS Industries, a technology company building the next generation of defense and critical industry technologies, announces that the company has raised $145 million in Series B funding to support the next phase of its commercial growth and development. The Series B was led by Accel, with participation from 8VC, as well as Overmatch Ventures, Lerner Enterprises, and existing insiders.
Proceeds will be used to spur the development of CHAOS Industries’ advanced detection, monitoring, and communication solutions to the defense, government, and commercial sectors, as well as to accelerate the company’s product development, hiring plans, and high-volume manufacturing.
London’s Axle Energy secures €8.3M from former F1 champion, Accel, others to decarbonise power grid
London-based Axle Energy, an energy flexibility startup, announced that it has secured $9M (approximately €8.3M) funding in a Seed round led by Accel, with participation from existing investors Eka Ventures and Picus Capital. Notable angel investors, including Amit Gudka (founder and CEO of Field Energy); Sierra Peterson (founder of Voyager Ventures); Hanno Renner (founder and CEO of Personio); and Nico Rosberg (Formula 1 World Champion and sustainability entrepreneur), also participated.
The company says it will use the funds to increase its headcount and accelerate its growth across the European energy market.ainability in the F&B industry, and this funding will enable it to solidify its position as an industry leader.
RapidCanvas Exits Stealth with $7.5 Million in Seed Funding to Empower Business Users with AutoAI platform
RapidCanvas, the AI platform built for business, announced it has launched with $7.5 million in seed funding led by Accel with participation from Valley Capital Partners. RapidCanvas emerges from stealth mode with early adopter business leaders having already validated the platform by driving real business outcomes. These leaders were able to accelerate their AI transformation by prototyping AI solutions in days and deploying the solutions in production environments within a month, all without writing a single line of code.
RapidCanvas is the first end-to-end platform to automate and guide business leaders and domain experts to create an AI solution quickly with a conversational interface, eliminating the need for support from data engineering teams and developers.
RapidCanvas is already empowering global companies, including Fortune 200, across the manufacturing, direct-to-consumer, real estate, and financial services industries with tailored AI solutions.
Cognite Partners with Accel to Transform Industry and Define New Industrial Software Category
Coupled with Accel’s broad network and expertise in successfully scaling software companies, the partnership enables Cognite to accelerate its global growth initiatives across industrial verticals, expand go-to-market activities and product development. As part of the agreement, Accel is gaining a seat on Cognite’s Board of Directors.