The Briefing: Fireblocks Lands $310M, Onto Raises $175M For Electric Cars, And More

Onto, a U.K.-based startup offering subscriptions for electric cars, raised $175 million in a Series B funding round consisting of equity and debt. Alfvén & Didrikson led the equity portion of the financing, while Pollen Street Capital provided the debt facility. ActiveFence, an Israeli startup offering tools to detect malicious activities online, revealed that it raised $100 million in funding. Venture investors are pouring money into robotics and automation startups amid a nationwide labor shortage and pandemic-induced supply chain disruptions. The round was led by Accel, with participation from new investors including Sound Ventures, Skip Capital and other enterprise and consumer technology executives.