Magma Raises $5M in Series A Funding to Strengthen Factory Solutions and Expand Tech Capabilities
Industrial solutions startup Magma has secured $5 million in Series A funding, led by Capria Ventures. The round also saw participation from Avinya Ventures, Sanjiv Rangrass, and existing investors General Catalyst, Accion Venture Lab, and WEH Ventures. This brings Magma’s total funding to $8.3 million, following its earlier seed round backed by General Catalyst, Titan … Read more