Israeli Carbyne Raises $25M Series B1 Led by LundenTech

Israeli Carbyne, a provider of call-based systems for emergency response, has secured a $25 million Series B1 round of funding led by LundenTech. This investment follows the company’s $15 million Series A round, which was led by Pitango Ventures and Emerge. The new funding will enable Carbyne to expand its operations and further develop its existing products.

Overview of Carbyne

Carbyne is an Israeli-based company that provides an innovative call-based system for emergency response. The company was founded in 2014 by former members of the Israeli Defense Forces (IDF). Carbyne’s technology integrates with existing emergency systems, allowing for quicker response times and improved reliability. The company’s platform is currently in use in over 200 locations across the world.

Details of the Funding Round

Israeli Carbyne recently secured a $25 million Series B1 round of funding led by LundenTech. This is the company’s second round of funding following its $15 million Series A round, which was led by Pitango Ventures and Emerge. The new funding will enable Carbyne to expand its operations and further develop its existing products.

Use of Funds

The funds raised by Carbyne will be used to expand the company’s operations and further develop its existing products. The company plans to use the funds to hire additional staff, acquire new technology, and continue to develop its platform. In addition, Carbyne plans to use the funds to expand its presence in the United States and other markets.

Benefits of Carbyne’s Technology

Israeli Carbyne technology offers several benefits for emergency responders. Its platform allows for faster response times and improved reliability. The company’s platform integrates with existing emergency systems, allowing for quicker response times and improved reliability. The platform also offers real-time incident management and reporting, which allows for faster response times and improved accuracy.

Future Plans for Carbyne

Carbyne plans to use the funds from the Series B1 round to expand its operations and continue to develop its existing products. The company also plans to use the funds to expand its presence in the United States and other markets. In addition, Carbyne plans to continue to invest in new technologies and partnerships that will enable the company to increase its reach and improve its products.

Conclusion

Israeli Carbyne Series B1 funding round is a testament to the company’s success in attracting investors and its potential to revolutionize the safety and security market. With its cutting-edge technology, Carbyne has the potential to become a leader in the industry, providing innovative solutions to a wide range of safety and security needs.

As the company continues to expand, it is sure to remain an important player in the market for years to come.