Boston’s Battery Boom, Vizit’s $10M Raise, and More Boston Tech News
Boston tech startups raised funding last week to improve e-commerce advertising, generate highlight reels for basketball players and grow travel rewards platforms. Keep reading to find out what you missed. This is the Built In Boston Weekly Refresh.
Hopper landed $96M. The funding from Capital One reinforced a partnership between the travel app company and Capital One, which led Hopper’s $170 million Series F round last year. The two companies launched Capital One Travel last year, combining price alerts, price drop protection and flight cancellation benefits with the ability to earn rewards points for traveling. With their renewed partnership, the companies will continue to work together toward expanding the Capital One Travel platform. [Built In Boston]
We took a closer look at Boston battery companies. Boston is home to some of the most innovative companies in the battery technology field, due to research institutions like MIT and Worcester Polytechnic Institute. Boston-based Form Energy, Ascend Elements and AM Batteries all received funding last month to supercharge their operations. Other companies like SES, Factorial Energy and Ambri are also making waves in the Boston battery world. [Built In Boston]
Vizit pulled in $10M. Vizit has developed an image analytics software that helps e-commerce marketers understand which images will resonate with their target audience.The AI technology is informed by organic interactions from millions of consumers and is used by brands like Mars Incorporated, Harley Davidson Motorcycles and Keurig Dr. Pepper, according to the company’s website. [Vizit]
Boston Tech Quote of the Week
Scroobious was highlighted in our Future 5 series. Scroobious is a platform that teaches early-stage founders how to hone their pitch to investors. The startup’s Pitch It Plan allows founders to work at their own pace with a series of short videos, templates and other educational materials. Once they are ready, they can have their pitch deck and presentation evaluated by a trained reviewer. Scroobious is currently working to build an investor discovery tool that connects early-stage startups to angel investors with similar interests. [Built In Boston]
SportsVisio banked $3.1M. This Manchester, New Hampshire-based startup has developed computer vision AI technology that can automate sports statistics, analytics and video highlights from real-time game footage, which will save the time and labor of keeping stats and editing video clips from each game. Expected to launch this fall, SportsVisio plans to start with basketball and expand to other sports in the future. [Built In Boston]