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Optimus Technologies closes $17.8M Series A to advance Vector System for heavy-duty engines on 100% biodiesel

Published: April 28, 2023

Optimus Technologies recently announced a $17.8-million Series A funding round led by Mitsui & Co. out of Tokyo, Japan. The round included participation from one of North America’s largest commercial fleets, Chevron Renewable Energy Group, and Pittsburgh regional investors including: Idea Foundry, Inc., Innovation Works, Richard King Mellon Foundation,...

Source: greencarcongress.com

Optimus Technologies closes $17.8M Series A led by Mitsui & Co.

Published: April 22, 2023

Optimus Technologies announced on April 18 a $17.8 million Series A funding round led by Mitsui & Co. and joined by Chevron Renewable energy Group. The capital raise will fund the further development and deployment of Optimus’ Vector System.

Source: biodieselmagazine.com

Pittsburgh 'angel investment' group delivers $300K to software company

Published: January 13, 2023

An Oakland business incubator closed its initial investment — over $300,000 — in one of its first cohort of companies through its ‘angel investment’ program. Idea Foundry’s program, IF Ventures, said the company that received the infusion was one of five presented to a group of investors in September. Idea

Source: triblive.com