Accel
Assembly Line
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, today 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.
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.