River raised $68 Million in a Series B funding led by Mitsui & Co and Marubeni Ventures
Amount Raised
$68 Million
Round Type
Series B
Investors
Description
River raised $68 Million in a Series B funding round led by Mitsui & Co and Marubeni Ventures. The investment will further solidify River’s position in the Indian two-wheeler market and pave a path for global expansion.
Quick answer
River raised $68 Million in a Series B round, dated June 27, 2024. Investors: Trucks VC, Maniv Mobility, Toyota Ventures, Lowercarbon Capital, Al Futtaim Automotive, Japan’s Yamaha Motor Co., Ltd., Marubeni Ventures Inc. and Mitsui & Co., Ltd.
- How much did River raise?
- River raised $68 Million in a Series B round on June 27, 2024.
- Who invested in River?
- Trucks VC, Maniv Mobility, Toyota Ventures, Lowercarbon Capital, Al Futtaim Automotive, Japan’s Yamaha Motor Co., Ltd., Marubeni Ventures Inc. and Mitsui & Co., Ltd. are named as investors in this round.
- What does River do?
- Founded in 2019, River is a Bitcoin technology and financial services company.
- Where is River based and how big is it?
- Fundz records about 1 employees.
- Who are the decision-makers at River?
- Fundz holds 2 contacts at River, including the Head of Marketing. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Automotive around the same time
Companies in the same sectors as River that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Powerdot raised $180M (Debt Financing) on August 9, 2024.
- DC Connected Car GmbH raised $2.3M (Seed) on August 7, 2024.
- New Motion Labs raised $2.3M (Equity Crowdfunding) on August 5, 2024.
- Simple Energy raised $20M (Series A) on July 29, 2024.
- ReliON raised $2.2M (Funding Round) on July 17, 2024.
Who to call at River, and when
A new round usually means River is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day River raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at River, from your own LinkedIn network
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Funding Insights
What this usually meansRiver raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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