Funding round
SHINE Technologies Series B
SHINE Technologies, which works in fusion energy system development in Janesville, raised $30M in a Series B round announced on 27 Nov 2018. 2 firms took part, 2 of them already investors. It is SHINE Technologies' first venture round on record.
$30M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
SHINE Technologies did not disclose a valuation in this round. It is SHINE Technologies' first venture round on record, 8 years after it was founded in 2010. It is 6.4% of the $470M SHINE Technologies has raised in the venture rounds on record. SHINE Technologies raised again 11 months later: a Growth round of $50M in Oct 2019.
SHINE Technologies' funding rounds
SHINE Technologies has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Baillie Gifford existing investor
- Fidelity Management & Research Company existing investor
Comparable rounds
How it compares
The closest in time: Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Geekplus Industrial Machinery & Supplies | 23 Nov 2018 | $150M | not disclosed | Warburg Pincus |
| MPOWER Financing Loans & Financing | 27 Nov 2018 | $110M | not disclosed | GrayMatters Capital and Community Investment Management |
| Tech Companies | 28 Nov 2018 | $81M | not disclosed | Institutional Venture Partners |
| Electronical Components Manufacturing | 15 Nov 2018 | $75M | not disclosed | Intel Capital |
| Tech Companies | 13 Nov 2018 | $60M | not disclosed | Activate Capital |
| Tech Companies | 8 Nov 2018 | $60M | not disclosed | Mubadala Capital |
| Pharmaceutical Products | 8 Nov 2018 | $42M | not disclosed | Sofinnova Partners and HealthCap |
| Tech Companies | 14 Nov 2018 | $37M | not disclosed | Canaan |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did SHINE Technologies raise in its Series B round?
SHINE Technologies raised $30M in its Series B round, announced in Nov 2018.
Which investors took part in SHINE Technologies' Series B round?
Baillie Gifford and Fidelity Management & Research Company.
What was SHINE Technologies' valuation at the Series B round?
It was not disclosed.
Did SHINE Technologies raise again after this round?
Yes: a Growth round in Oct 2019 of $50M.