Toggle, a Brooklyn-based robotics startup, announced today that it scored $3 million in seed funding. The early-stage round was led by Point72 Ventures' AI Group, with participation from Mark Cuban and VC Twenty Seven Ventures. The series follows a 2018 pre-seed round of $570,000 from its Urban-X accelerator, Urban Us, Accelerate NY / Empire State [...]
Healthcare is a new hotbed of automation, and this robot is officially out of beta. : A nurse robot named Moxi is officially coming out of beta testing. Last year, Moxi concluded its first real-world trials last year to test a collaborative automation integration in a working medical facility. Moxi was designed by Austin-based Diligent Robotics, an automation firm bringing its hospital robot assistant to the real world starting with a Texas hospital.
3d Visual Robot Developer Start-up Speedbot Completes Strategic Financing Round - China Money Network
Financial advisor Chinese investment firm Yiren Capital announces on Tuesday that 3D visual robot developer SpeedBot has secured tens of millions of RMB in a strategic financing round led by private equity fund Shenzhen Co-Power Capital Management Co., Ltd., with participation from its existing investor private equity fund Shenzhen Co-Power Capital Management Co., Ltd. Founded [...] 3D Visual Robot Developer Start-Up SpeedBot Completes Strategic Financing Round comes originally from China Money Network. All Rights Reserved.
Diligent Robotics, an Austin-based robotics startup, announced it raised $3.15 million in seed funding at an undisclosed valuation on Tuesday. True Ventures and Ubiquity Ventures co-led the round with participation by Next Coast Ventures, Capital Factory, Pathbreaker Ventures, Boom Capital, Grit Ventures, and additional angel investors. Texas hospitals are facing a crippling nursing shortage, Diligent Robotics cofounder and CEO Andrea Thomaz told Business Insider, so she and her team built Moxi, a hospital assistant robot created to help alleviate tasks that take nurses' time away from patient care.
Secretive Robotic Farming Startup Led By Islion Founder Raises $8.9M From Ignition And Bolt - Geekwire
More details are emerging about a secretive Seattle startup led by Paul Mikesell, a University of Washington trained computer scientist who co-founded storage giant Isilon Systems in 2001. The company, called Maka Autonomous Robots (Maka-ARS), just closed a $8.9 million investment round from Seattle-area firm Ignition Partners and San Francisco-based Bolt. In an interview with GeekWire, Mikesell revealed that Maka is building intelligent robots for agriculture-related applications. One of its first devices is an autonomous robot for weed control; the machine can whack weeds without using herbicides or other chemicals -- "that's a really big deal," Mikesell said.
The Silicon Valley tech firm created by two twenty-something Canadian computer scientists landed its biggest investment round and is opening cargo transfer hubs for its fleet of robotic semis.
Mumbai-based Miko, which makes robots for consumer use, has raised around $2.25 million in a fresh round of funding. The company, on September 21, allotted 2,403 shares with a face value of Rs 100 at a premium of Rs 66,419 per share to 10 angel investors, according to regulatory filings. Last month, Miko raised $7.5 million in Series A round led by Chiratae Ventures. YourNest Venture Capital, investor Bruno Raschle's family office and a group of angel investors also participated in that round.
With financing led by Sapphire Ventures, DataRobot can now accelerate its vision to bring more value to enterprise data with AI BOSTON, September 17, 2019-- DataRobot, the leader in enterprise AI, today announced a $206 million Series E investment round led by Sapphire Ventures. This latest round brings the company's total funding to $431 million. Tiger Global Management, World Innovation Lab, Alliance Bernstein PCI, and EDBI joined the round as new investors. Existing investors DFJ Growth, Geodesic Capital, Intel Capital, and Sands Capital significantly increased their ownership, and NEA and Meritech also participated in the round.
BOSTON--(BUSINESS WIRE)--DataRobot announced a $206 million Series E investment round led by Sapphire Ventures, bringing the company's total funding to $431 million.
Artificial intelligence is playing an increasingly large role in enterprise software, and Boston's DataRobot has been helping companies build, manage and deploy machine learning models for some time now. Today, the company announced a $206 million Series E investment led by Sapphire Ventures. Other participants in this round included new investors Tiger Global Management, World [...]