Acquisitions, fundings, and corporate collaborations: The biggest TechNexus portfolio news from 2025

Companies in the TechNexus Venture Collaborative portfolio experienced a transformative 2025, with major product milestones, corporate collaborations, significant funding rounds, and more momentum that saw their businesses propel to new heights.

We're taking time to spotlight just some of the breakthroughs, acquisitions, capital raises and more that our portfolio companies experienced in 2025.

Harbinger raises $160M, lands FedEx as a customer

Harbinger's $160 million Series C raise was a huge step for the electric truck startup and the start of a fruitful relationship with FedEx. FedEx co-led the funding round and is looking to electrify its delivery fleet with Harbinger’s help, starting with an order of 53 Harbinger EVs.

Caramel acquired by eBay

Caramel’s software addresses a long-standing pain point for peer-to-peer automotive buyers: a convoluted shopping experience. Acquired in 2025 by eBay, Caramel is poised to transform eBay’s automotive category, granting users a more secure, simplified peer-to-peer vehicle transaction experience.

Lightship launches first electric towable RV

All-electric RV manufacturer Lightship released the industry's first electric towable RV, ushering in a new era of sustainable luxury outdoor travel. Built with an electric powertrain that allows the RV to propel itself while you drive, it allows for near-zero range or efficiency loss for the towing vehicle.

First Due raises $355M

Public safety software startup First Due received a $355 million strategic minority growth investment from JMI Equity, TCV, and Serent Capital in 2025. These funds will catalyze First Due’s platform development and accelerate the release of new AI tools, all of which will help modernize operations in first- response systems.

Respeecher's technology used in four Oscar-nominated films

Respeecher's AI voice technology has grown into one of Hollywood's favorite AI tools, powering voices from Darth Vader to Stan Lee. This year Respeecher’s voice cloning technology made four Oscar-nominated films possible, including The Brutalist, The Better Man, Aliens, and Emilia Perez.

Tectonic collaborates with Shure on audio innovations

Audio technology firm Tectonic partnered with audio giant Shure to launch the Shure Microflex Loudspeaker. Example of an innovative collaboration between a TechNexus portfolio company and corporate partner, this partnership marks a milestone in Tectonic’s growth and emphasizes the power of its Balance Mode Radiator technology.

Ocient raises $132M

Data analytics software startup Ocient raised $132 million in Series B funding in 2025. The company, based at TeamWorking by TechNexus in Chicago, builds high-performance infrastructure designed to process and analyze massive datasets up to 100 times faster than competing cloud data warehousing solutions.

Bluedot partners with Rivian

EV charging startup Bluedot partnered with Rivian to support their charging infrastructure. Powering Rivian’s mobile service fleet, Bluedot aims to optimize charging time, guarantee uptime, and streamline cost management.

AssemblyAI's year of growth, industry recognition

AssemblyAI’s speech technology has quickly grown into an industry favorite, landing on Accel’s list of top 100 artificial intelligence companies valued under $1 billion. AssemblyAI was also recognized in Deloitte’s 2025 Technology Fast 500 Rankings and was named one of the fastest growing software vendors in 2025 according to Brex.

Wild unveils first electric travel trailer

Wild has built an electric trailer platform that propels itself behind a towing vehicle. Launched out of stealth in 2025, its trailer comes with a built-in electric motor that allows drivers to achieve a normal driving range, as if they weren’t towing anything at all.

Natrion launches battery separator, opens manufacturing facility

Battery materials startup Natrion launched the first active battery separator manufactured in the U.S. This separator is designed to enhance lithium-ion batteries’ safety and performance and is poised to make waves in the lithium battery space. The startup also opened a new Buffalo, NY facility to scale production of its battery materials.

3AM Innovations partners with T-Mobile

3AM Innovations partnered with T-Mobile in 2025 to strengthen critical decision support tools for first responders. Using T-Mobile's advanced 5G network and T-priority, 3AM will help keep responders connected even in the most challenging environments.

Harbinger, THOR launch world's first Hybrid Class A motorhome

Harbinger and TechNexus corporate partner THOR Industries, the world's largest RV maker, partnered to create the world’s first range extended electric Class A motorhome. This partnership has since received the Fast Company 2025 World Changing Ideas Award and a mention in TIME Magazine’s Best Inventions of 2025.