Phantom Ai Raises $22M In Series A Funding To Democratize Advanced Driver Assistance Systems (adas) For All Types Of Vehicles
Phantom AI Raises $22 Million in Series A Funding to Democratize Advanced Driver Assistance Systems (ADAS) for all Types of Vehicles Founded by automotive veterans who developed ADAS at Tesla and Hyundai, Phantom AI is on a mission to improve vehicle safety BURLINGAME, Calif., April 2, 2020-- Phantom AI, developer of a vehicle-agnostic autonomous driving platform, today announced it has raised $22 million in Series A financing led by Celeres Investments and joined by Ford Motor Company and KT (Korea's largest telco). Existing investors Millennium Technology Value Partners and DSC Investment also participated in the round.
Sequoia Capital China, which first invested in 4Paradigm in 2015, remains its largest external shareholder. The post Sequoia-backed Chinese AI unicorn 4Paradigm closes $230m Series C+ round at $2b valuation appeared first on DealStreetAsia.
Sparx Group, Dai-ichi Life Insurance and Mitsui Sumitomo Insurance Venture Capital joined the round. The post Japan's AI tech company AISing bags $6.5m in Series B round appeared first on DealStreetAsia.
Espressive Raises $30M Series B To Cement Leadership In Ai For Enterprise Service Management As Demand For Intelligent Automation Heats Up
Espressive Raises $30 Million Series B to Cement Leadership in AI for Enterprise Service Management as Demand for Intelligent Automation Heats Up SANTA CLARA, Calif., March 25, 2020-- Espressive, a pioneer in artificial intelligence (AI) for enterprise service management (ESM), today announced $30 million in Series B funding led by global venture capital and private equity firm Insight Partners with participation from Series A investors, General Catalyst, and Wing Venture Capital. Jeff Horing, co-Founder and Managing Director at Insight Partners will also be joining the Espressive Board of Directors.
Tech Moves: Microsoft Names Windows Insider Leader; Wa Lt. Gov. Leaving To Join Jesuits; Axon Hires Amazon Ai Vet - Geekwire
-- Microsoft Chief Product Officer Panos Panay announced Amanda Langowski as the new lead for the Windows Insider program, an online community of 18 million people that allows users to test new features in exchange for providing detailed feedback to the company. Langowski has spent more than 20 years at Microsoft, joining the company in 2000 as a program manager for Windows. "Since then, she's been an extraordinary and dedicated product maker for the company," said Panay in a blog post.
The insurance industry depends on data to support a number of functions the average person in the street is usually completely unaware of such as "informed risk selection", underwriting and claims management. Like many industries, it would like to automate much of this but it's just not that simple. Synthesized is a UK startup that [...]
ABB, NEC, and Latitude Ventures join existing investors to empower a new age of robust Artificial Intelligence-driven edge computing TEL AVIV, Israel, March 5, 2020-- Hailo, the leading AI chipmaker delivering unprecedented performance to edge devices, today announced it has raised $60 million in Series B funding. The round, led by existing investors, was joined by key strategic investors including ABB Technology Ventures (ATV) - the strategic VC arm of ABB, a global leader in industrial automation and robotics; NEC Corporation - a leader in the integration of IT and network technologies; and London-based VC firm Latitude Ventures.
Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered chatbot, has raised $8 million in Series A funding. The round is led by Mosaic Ventures, alongside Creandum and Point Nine Capital. The company says the new capital will be used to invest further in product development and to [...]
Sequoia China Leads Investment In Chinese Ai Solutions Startup Mech-mind Robotics - China Money Network
Mech-Mind Robotics, a provider of intelligent solutions for industrial robots, had recently completed the Series B financing led by Sequoia Capital China with an investment of over RMB100 million yuan. The company's CEO Shao Tianlan said that this round of funds will be mainly used to further enhance the company's service capabilities, expand overseas business, [...] Sequoia China Leads Investment In Chinese AI Solutions Startup Mech-Mind Robotics comes from China Money Network: Primary Data for China's Primary Markets! All Rights Reserved.
ARLINGTON, Va., February 28, 2020-- DeepSig, a company developing AI to transform wireless for 5G, IoT, and security, raised $5M in its Series A Financing, adding to the $3.5M previously raised. Leawood Venture Capital led the Series A round with participation by Scout Ventures, Blu Venture Investors, and Lockheed Martin Ventures. The additional funding will accelerate DeepSig's AI and machine learning (ML) software development and deployment to improve performance and security while reducing power consumption and cost in 5G and other wireless systems. "We are excited to include DeepSig as a portfolio company in our Fund.