Assembly Line

Cambium Announces Close of its $19 Million Series A Financing

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Cambium, 8VC

Cambium, an advanced materials innovator for defense and other high-performance fields, announced a $19 million Series A funding round today. 8VC led the round, with participation from Veteran Ventures, GSBackers, Marlinspike, MVP Ventures, Gaingels, Kern Venture Fund, Jackson Moses (Founder, Silent Ventures), Vertical Capital, and select angel investors. DLA Piper provided legal counsel to Cambium on the transaction.

This Series A round enables Cambium to build out staffing and R&D, rapid discovery-to-field demonstrations, and pilot-scale manufacturing. Each of the above will accelerate the development of its product pipeline, such as the advancement of next-generation Thermal Protection Systems (TPS) for defense tech and commercial applications.

Read more at PR Newswire

Terminal Industries Emerges from Stealth; Announces $17M Seed Round to Bring AI to Yard Operations Globally

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Terminal Industries, 8VC, Prologis

Terminal Industries emerged from stealth and announced $17 Million in seed funding co-led by 8VC, the most active supply chain investor, and Prologis Ventures, the venture arm of the global leader in logistics real estate, to develop novel AI platforms that optimize the yard. The round includes participation from strategic investors including NFI Ventures, RyderVentures, the corporate venture capital arm of Ryder System, Inc., Lineage Logistics, Vehicle Velocity Group, the Friedkin Group International, as well as world-class logistics-focused venture firms 9Yards, Northstar.vc, Amplifier, and MS&AD Ventures.

Read more at Business Wire