China’s call to foster semiconductor independence has sent investors chasing after chip startups of all sorts. Moffett AI, a Shenzhen-based chip design company, has received a fresh Series A injection. The company did not disclose the exact amount, only saying that the proceeds were in the “several tens of millions of dollars.” The round was […]
Calibrate Ventures raises $97M for second fund targeting AI, automation
With capital flowing freely lately, managing partners Jason Schoettler and Kevin Dunlap shared some insights on what it takes to win deals these days.
UBQ Materials’ plastic replacement product attracts $170M from impact investor TPG Rise
UBQ Materials, which claims it has developed a plastic-like material made from 100% unsorted household waste, has raised a $170 million funding round led by TPG Rise, TPG’s global impact investing platform, made through TPG Rise Climate, the firm’s dedicated climate investing fund, and The Rise Funds, its multi-sector impact investing fund. The financing round […]
First Resonance brings its space-scale manufacturing OS to hardware makers with $14M A round
First Resonance makes software for making hardware. The company’s Ion platform provides an all-in-one option for anyone who has to manage manufacturing lines, supply chains, engineering and design, among other things. Now, with $14 million in new funding, the company aims to scale up its presence and make a full-court press on the hardware makers […]
Jobandtalent raises $500M Series E to keep scaling its ‘workforce as a service’ marketplace
Spain’s Jobandtalent, a “workforce marketplace”-cum-digital temping agency which uses AI to match workers to casual labor gigs in sectors like warehousing, ecommerce and logistics, has closed a $500 million Series E round of funding led by Kinnevik and with what it bills as a “significant” follow on by SoftBank VisionFund 2. Existing investors including Atomico, […]
Machina Labs emerges from stealth with $16M raised for on-demand manufacturing robotics
Machina Labs today announced a $14 million Series A for its robotics and AI-based manufacturing. The round, led by Innovation Endeavors and featuring Congruent Ventures and Embark Ventures, brings the Los Angeles firm’s total funding to $16.3 million to date. The news also finds the company effectively coming out of stealth, following pilots with NASA […]
Cobalt launches from beta with a $2.8M seed to help creators launch products
As internet creators and influencers grow their followings, it’s not always intuitive what the best way to monetize might be. For some creators, they might find a path to monetization through subscriber-only content and branded posts, but for those with a great idea and an entrepreneurial streak, they might leverage their appeal to launch a […]
Hungryroot co-founder’s new venture, Noops, a plant-based pudding startup, raises another $2M
Noops is going after the $50 billion snack foods market and plans to take on yogurt next.
Tech can help solve US cities’ affordability crisis
Maria Rioumine Contributor Share on Twitter Maria Rioumine is the CEO and co-founder of Agora. U.S. cities are in the midst of an affordability crisis. Just between May 2020 and May 2021, home prices saw their biggest annual increase in more than two decades and construction material prices increased by 24%. The cost of renting […]
Fractory raises $9M to rethink the manufacturing supply chain for metalworks
The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of grappling with the shifting […]