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Pennylane raises $18.3 million for its accounting service

Pennylane raises $18.3 million for its accounting service

French startup Pennylane has raised a new $18.3 million funding round (€15 million). Interestingly, this is Sequoia Capital’s first investment in France after they announced ambitious expansion plans in Europe. If you’re not familiar with Pennylane, the startup has been developing an accounting platform that improves accounting for both clients and their accountants. Focused on…

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Turntide Technologies Extends Its Smart Motor System To Transportation Sector With Acquisition Of Electric Vehicle Technology

SUNNYVALE, Calif., and GATESHEAD, England, June 8, 2021 /PRNewswire/ — Turntide Technologies , (“Turntide”), the company responsible for the Platform for Sustainable Operations™, powered by its patented Smart Motor System™, today announced the launch of Turntide Transport, a new division of the company focused on modernizing intelligent motor systems throughout the commercial transportation industry. Turntide is…