News, press and insights
Buzz Solutions Raises $5M to Accelerate Adoption of its AI-Powered Platform for Visual Grid Infrastructure Inspections and Monitoring
Buzz Solutions announced it closed a $5 million round of growth funding. GoPoint Ventures led the round, with additional participation from Blackhorn Ventures and MaC Venture Capital.
Adopting AI Is Just The Beginning For Utility Companies
As utility leaders begin to execute their 2024 digital strategies, now is the time to be crystal clear about the roles, responsibilities, and risks associated with digitizing such critical legacy systems.
Bigger Every Year: 2023 Galant Challenge Breaks New Investment Records
University of Virginia’s McIntire School of Commerce’s Galant Center for Innovation and Entrepreneurship allocated the majority of support in it’s Galant Challenge to Spark Car Wash, who closed an investment deal representing nearly half of the $30 million funding raised in the nascent company’s current round.
Buzz Solutions Joins Forces With Southern California Edison to Reinforce the Utility’s Substation Security System
Buzz Solutions announced the deployment of its proprietary substation monitoring solution for Southern California Edison (SCE), Edison Electric’s largest subsidiary.
Spark Car Wash Raises $30 Million Series B to Expand Its Footprint Across the Northeast
Spark Car Wash, the premier express car wash operator in New Jersey, New York, and Pennsylvania, has raised $30 million of additional growth capital through a Series B round led by GoPoint Ventures.
Focal Point Recognized by Gartner® in the Hype Cycle™ for Procurement and Sourcing Solutions, 2023
Focal Point announced its recognition as a Sample Vendor in the July 2023 Gartner® “Hype Cycle™ for Procurement and Sourcing Solutions” in both the Operations & Savings Management and Intake Management categories.
Buzz Solutions Announces $3.3 Million Round of Funding to Continue Safeguarding the World’s Energy Infrastructure
Buzz Solutions announces it has raised a $3.3 million funding round to continue building its technology that can accurately and efficiently inspect transmission, distribution, and substation infrastructure helping to prevent power outages, wildfires and other dangerous situations.
Focal Point Raises $3 Million in Funding Round to Transform Procurement Orchestration for Enterprise Customers
The investment will enable Focal Point to accelerate adoption of its platform, build enhanced software functionality and capabilities, add industry executives to its leadership team and modernize and optimize corporate procurement departments and operations at the enterprise level.