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Particle raises $10.9M in Series A funding led by Lightspeed Venture Partners and Axel Springer

RECENTLY ACQUIREDJun 11, 2024

Amount Raised

$10.9 Million

Round Type

Series A

San FranciscoInformation TechnologyArtificial IntelligenceNews

Investors

Axel SpringerLightspeed Venture Partners

Description

Particle, a news reader startup, has raised $10.9 million in Series A funding. The funding round was led by Lightspeed Venture Partners and included investment from Axel Springer, a global media company known for brands like Business Insider, Politico, Welt and Bild. In addition, Particle has partnered with news organization Reuters to collaborate on new business models.

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Company Information

Company

Particle Industries

Location

548 Market St #34833

San Francisco, California, United States

About

Particle is the leading edge-to-cloud infrastructure for the Internet of Things, helping thousands of companies power world-class connected machines, sensors, and devices. Particle provides everything you need to build an IoT product in one tightly-integrated platform, so you can focus your time and energy on what matters: your product, application, data, and customers. Hundreds of manufacturers, thousands of startups, and 260,000 developers use Particle to power their IoT products.

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Related People

1 contact
Verified contacts19 people are listed at Particle Industries. We don't have their email yet.See plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Particle Industries raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.