Fundraising

Anybotics raises $60M to bring more autonomous industrial robots to the U.S.

Fundraising /

Swiss robotics company Anybotics has raised an extra $60 million to close its Series B round off at $110 million, some 18 months after first announcing it had raised a $50 million Series B. Spun out from the Eth Zurich research university in 2016, Anybotics has built a quadruped autonomous inspection robot dubbed Anymal, replete […]

Anybotics raises $60M to bring more autonomous industrial robots to the U.S. Read More »

Upvest, a stock trading API used by N26, Revolut and others, raises $105 million

Fundraising /

Upvest might not be a familiar name if you don’t pay close attention to the fintech industry, but chances are you’ve already interacted with the company’s products. Founded by Martin Kassing (pictured above), the Berlin-based startup builds a white-label investment platform that is used by some of the biggest fintech companies in Europe. Upvest clients

Upvest, a stock trading API used by N26, Revolut and others, raises $105 million Read More »

Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution

Fundraising /

Green ammonia startup Amogy has raised $11.2 million of a targeted $90 million round, an SEC filing reveals. The new round’s target is significantly smaller than its last round — a $139 million Series B-1 that was announced in March 2023 — highlighting the challenges that middle-stage climate startups face today when trying to attract

Green ammonia startup Amogy is trying to raise $90M to reduce truck pollution Read More »

Founder who built Snap’s AI launches a snappy new take on video chatbots

Fundraising /

A deep learning scientist whose last startup was acquired by Snap to build its My AI chatbot has raised seed funding for his latest venture: a platform for building and operating real-time, video-based conversational AI agents.  eSelf, as the startup is known, is today coming out of stealth with $4.5 million in its coffers to

Founder who built Snap’s AI launches a snappy new take on video chatbots Read More »

Electrified Thermal Solutions has a plan to help industry replace natural gas with bricks

Fundraising /

Getting rid of fossil fuels is relatively simple for some things. Housing? Replace furnaces with heat pumps. Cars and light trucks? Ditch internal combustion for batteries and electric motors. Yet for many industries like cement, steelmaking, and more, it’s hard to replace the heating power of fossil fuels. But Dan Stack thinks bricks have a

Electrified Thermal Solutions has a plan to help industry replace natural gas with bricks Read More »

YC-backed EzDubs is chasing consumer market for translation

Fundraising /

The global translation service market is worth around $40 billion, according to various analysts. Within that market, enterprise services represent a significant share. For consumers, apps like Google Translate and Apple Translate are dominating, but they don’t work with calls or voice messages. Y Combinator-backed EzDubs wants to solve this problem of person-to-person translation through

YC-backed EzDubs is chasing consumer market for translation Read More »

Albert Invent hopes to revolutionize the chemicals sector with its AI platform

Fundraising /

If startup funding rounds are any metric, generative AI is seeing ample adoption in the sciences. It makes sense: there’s a lot of trial and error involved in research and development, and any tool that can speed up the process for researchers is bound to be useful. The latest is Albert Invent, which offers an

Albert Invent hopes to revolutionize the chemicals sector with its AI platform Read More »

HongShan, Peak XV back stablecoin-powered neobank KAST

Fundraising /

Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues.  Kast also issues credit cards that work with standard merchant networks, enabling users to

HongShan, Peak XV back stablecoin-powered neobank KAST Read More »

A new disclosure shows, again, how badly Tiger’s ‘pray and spray’ fund performed

Fundraising /

Tiger Global famously fueled the pandemic-era venture capital boom, investing heavily in a wide range of startups, setting up bidding wars for even the most unproven startup that led to sky-high valuations. In 2021 alone, the hedge fund backed 315 startups, according to PitchBook data. And much of the VC industry was not happy about

A new disclosure shows, again, how badly Tiger’s ‘pray and spray’ fund performed Read More »

CarDekho SEA raises first-ever outside funding, co-founder says he’s interested in acquisitions

Fundraising /

CarDekho SEA, a Singapore-based auto financing service platform, has raised $60 million in equity, valuing the company at over $300 million, from Navis Capital Partners and Dragon Fund. This is its first round of external funding, following a previous investment of $40 million from its parent company, CarDekho Group. The company, the Southeast Asia unit

CarDekho SEA raises first-ever outside funding, co-founder says he’s interested in acquisitions Read More »