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    ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

    ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

    Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

    Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

    LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

    LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

    Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

    Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

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      ZeroAvia Series C Funding Image: Revolutionizing Sustainable Aviation with Hydrogen-Electric Engines, Decarbonization, and Green Initiatives.

      ZeroAvia Secures $116M in Series C Funding to Propel Zero-Emission Aviation

      Linxup Fleet Management - $50M Runway Growth Capital Investment Fuels GPS Tracking and IoT Innovation for SMBs

      Linxup Secures $50M Boost from Runway Growth Capital for GPS Tracking and Fleet Management Excellence

      LucidLink-Series-C-Funding-Filespaces-Storage-Collaboration.

      LucidLink Secures $75M in Series C Funding for Revolutionary Storage Collaboration Platform

      Princeton NuEnergy, a lithium-ion battery recycling company raised $16M to drive its LPAS™ technology for advancing sustainable energy and clean-tech solutions.

      Princeton NuEnergy’s $16M Funding Sparks a Brighter Future in Lithium-Ion Battery Recycling

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      New-York based Impel secures $104 million in growth funding

      Impel now supports an ecosystem of more than 100 technology and marketplace partners and more than 4,000 clients.

      USTechTimes Editor by USTechTimes Editor
      January 24, 2023
      Home topics AI
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      New-York based Impel, a digital engagement software creator for automotive manufacturers, marketplaces and dealers, has raised $104 million in growth funding.

      Wavecrest Growth Partners, an existing investor, joined the round, which Silversmith Capital Partners led.

      With the additional capital, the firm will be able to grow faster through product development and acquisitions. The business now supports an ecosystem of more than 100 technology and marketplace partners and more than 4,000 clients.

      Impel is a top platform for original equipment manufacturers (OEMs), markets, and car dealers to communicate with customers online. Vehicle manufacturers and retailers can provide more engaging omnichannel consumer experiences while enhancing operational efficiency thanks to the company’s AI-powered technological solutions.

      We’re thrilled to announce that Impel has secured a $104 million growth investment, led by @SilversmithCap with participation from @WavecrestGrowth. We’re excited for the future and all that it holds for Impel. https://t.co/ftbX3obEvD

      — Impel (@getimpel) January 17, 2023

      More than 5 billion customer contacts and close to $2 billion in vehicle sales and service transactions have been influenced by the company’s merchandising and conversational AI technologies to date.

      Impel has successfully scaled the business to 200 workers worldwide over the previous two years, completed two acquisitions, and increased sales by more than 100 percent.

      “The past few years have brought massive change to the auto industry as traditional operating models have been fundamentally transformed with digital technology. With the heightened focus on Electric Vehicles and the growing demand for e-commerce functionality, the digital disruption that is currently underway shows no signs of slowing,” said Devin Daly, Impel Co-Founder and CEO.

      Impel fuels better omnichannel customer experiences

      Impel is a digital interaction platform for OEMs, marketplaces, and car dealers, under the direction of Devin Daly, Co-Founder and CEO.

      Vehicle manufacturers and retailers can provide more engaging omnichannel consumer experiences while enhancing operational efficiency thanks to the company’s AI-powered technological solutions.

      The new investment will considerably improve the startup’s capacity to launch new goods and innovations that have a positive economic impact on both manufacturers and dealers while boosting the consumer experience at all points of contact.

      Impel has demonstrated how software providers may use cutting-edge technology to address common issues; in this example, it has altered how dealers interact with and provide for their customers.

      The automotive industry, one of the biggest in the world, is experiencing an unprecedented demand for digital technology due to a combination of fast-changing customer behavior, altering market dynamics, and shifting macroeconomic conditions.

      Nearly 90 percent of auto dealers surveyed in 2022 by GLG, the largest insight network in the world, agreed that improving customer experiences will be essential to their future success.

      To be competitive, it will necessitate further investments in digital technologies like artificial intelligence and digital merchandising.

      “While it may seem to many that the hype around AI and machine learning is overblown, Impel has shown how software companies can leverage this cutting-edge technology to solve everyday problems,” said Todd MacLean, Managing Partner at Silversmith Capital Partners.

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      Tags: automobileEVSoftwareSoftware Developer
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

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