💰The Funding Letter #1181: June 14

Mistral AI, Synthesia, Gridware, and more...


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Pigment below!

Hit the Gong 🎉

Source: @overheard_sales

Daily Deals 💸

🌎 Americas

Gridware develops a grid monitoring system that enhances reliability, improves resilience, and reduces wildfire risk for utilities, enabling clients to schedule timely repairs and rapidly respond to ignitions or other climatic anomalies. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $10.5M, Seed Extension

Round Investors: Lowercarbon Capital (lead), Fifty Years (lead), True Ventures, Liquid 2 Ventures

🚀Growth Focus: Expand its business reach to improve reliability and wildfire mitigation efforts; fuel growth while providing additional operational support to its utility customers.

HQ: Walnut Creek, CA

Industry: Information Technology & Services

Employee Count: 34 (⚡42 % increase in last 6 months)

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