Those with long memories of robots from television series growing up developed a strong and willing suspension of disbelief at how these machines could struggle with steps or picking up items but still be a threat to the planet.
Month: February 2020
Toyota climbs aboard Pony.ai in $462m round
The autonomous driving system developer is now valued at over $3bn, having secured $462m including $400m from strategic partner Toyota.
Salesforce picks up Vlocity in $1.33bn deal
CRM app developer Vlocity had received $163m from investors including Salesforce itself as well as fellow corporates New York Life and Accenture.
SambaNova processes $250m series C round
GV and Intel Capital returned to reinvest in the computing technology provider, which has now raised more than $450m altogether.
ServiceMax resurfaces with $80m
The field service management software provider raised $80m in a round co-led by Salesforce Ventures and majority shareholder Silver Lake.
Molekule cleans up with $58m series C
Inventec Appliances Corp has contributed to a round that will enable Molekule to further develop and scale its air purification technology.
Khatabook looks to $70m
Accounting and invoicing app developer Khatabook is reportedly closing in on a funding round featuring existing investor Tencent that will value it at up to $300m.
HeadSpin turns to Dell to raise $60m
The Wipro, Alphabet and Telstra-backed software optimisation platform has raised funding in a series C round co-led by Dell Technologies Capital at a $1.16bn valuation.
MycoWorks makes $17m in series A round
Novo and AgFunder both invested as the leather substitute producer raised $17m that will support the growth of its manufacturing capabilities.
GoFood digs up food accelerator
Gojek’s food delivery unit has partnered Digitaraya and two individuals to form a startup accelerator called Digitarasa which will have a planned four cohorts in 2020.
Allianz gets on CityScoot in new round
Returning investor RATP Capital Innovation and long-term insurer Allianz France both participated as the moped rental platform raised $25.5m.
Sumitomo thaws with Highview Power deal
Japan-based manufacturer Sumitomo Heavy Industries has invested $46m into Highview Power as part of a partnership with the US-based energy storage services provider. The Sumitomo SHI FW subsidiary will be the technology hub for the cryogenic storage business with Highview Power. Shaun Dean, vice-president at Sumitomo, and Tomas Harju-Jeanty, CEO at Sumitomo SHI FW, will… Continue reading Sumitomo thaws with Highview Power deal
Hadasit revisits Kahr in $18m round
Existing investor Hadasit Bio-Holdings took part in a round that pushed the immuno-oncology therapy developer’s overall funding tally to more than $35m.
IntrCity reaches funding destination
Samsung Venture Investment has invested in train ticketing portal RailYatri’s bus spinoff, IntrCity, as part of a $13.5m round.