Swiftmile, developers of light electric vehicle (LEV) charging systems, recently announced the closing of its $5mn Series A funding round. The round, led by San Francisco-based Thayer Ventures, also included Alumni Ventures Group and Verizon Ventures, long-time strategic investors in Swiftmile. With the latest investment, Mark Farrell, Partner at Thayer Ventures, now joins the Swiftmile…
Electromagnetic spectrum management solutions provider, APITech recently announced that it has appointed Ian Skiggs as the Vice President and Managing Director of the RF2M (RF Microwave & Microelectronics) EMEIA and SSIA (Secure Solutions & Information Assurance) business units. Ian will lead all operations, product line management, and program management for the Business Unit. He will…
California-based smart electric panel company Span.io recently announced that it has raised $10.2million in Series A funding round. The funding round was led by ArcTern Ventures. The round also saw participation from Capricorn Investment Group, Incite Ventures, and a few existing investors. With the new funds, the company plans to meet the demand and scale…
Cyient, a global engineering and technology solutions company, announced that it has opened a wire harness facility in its office in Peoria Heights, Illinois. The facility complements the company’s design, build, and maintain approach, and adds capabilities to support customers in harness prototyping by increasing design process speed and iterative development for electrical systems. The…