Tag: financing
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Neura Robotics secures $16 million from InterAlpen Partners
Neura Robotics, an emerging AI and robotics startup based in Germany, has closed a $16 million investment round with American private equity firm InterAlpen Partners. This comes less than three months after the German company closed a $55 million funding round with leading European investors, garnering recognition from the New York Stock Exchange. InterAlpen’s investment…
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Fernride raises $50 million in Series A funding to scale autonomous yard trucking
Germany-based autonomous trucking innovator Fernride has closed a further $19 million in its Series A funding, pushing the total round amount to $50 million. This comes as the company strengthens its focus on advancing the transition towards automated and sustainable logistics by creating the world’s leading human-machine collaboration technology. The funding increase will further cement…
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Serve Robotics raises $30 million financing to scale robotic delivery
Serve Robotics, a developer of autonomous sidewalk delivery robots, has raised another $30 million in financing, bringing the company’s total funds raised to over $56 million. Concurrent with the raise of new capital and conversion of existing convertible notes, Serve also completed a reverse merger with Patricia Acquisition, a public Delaware corporation, whereby Serve became…
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Neura Robotics raises $55 million in fresh capital
Neura Robotics, an emerging AI and robotics startup, has closed a $55 million funding round, led by European investors Lingotto, an investment management company owned by Exor, Vsquared Ventures, Primepulse and HV Capital. Neura Robotics has risen to become a global pioneer in cognitive robotics in just three years and claims innovation leadership in the…
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Distalmotion raises $150 million for its robotic surgery system
Distalmotion has raised $150 million in new financing. The company says this “significant fundraise reinforces the confidence” of its existing investors led by Revival Healthcare Capital. Dexter, Distalmotion’s robotic platform, is in day-to-day clinical use in Europe, successfully treating patients across a multitude of complex and high-volume procedures in general surgery, gynecology, urology.
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Carbon Robotics raises $30 million in funding to scale its AI-powered LaserWeeder platform
Carbon Robotics, a provider of AI-powered robotics to the agricultural sector, has closed $30 million in Series C financing from new lead investor Sozo Ventures along with existing investors Anthos Capital, Fuse Venture Capital, Ignition Partners, Liquid2 and Voyager Capital. The funding will be used to expand sales regions in North America, optimize and scale…
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Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding
Venti Technologies, a provider of autonomous logistics for global supply chain and industrial hubs, has secured $28.8 million in a Series A financing. The financing round was led by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC…
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Employee management software provider Rippling raises $500 million in Series E financing
By Parker Conrad, CEO, Rippling Rippling, a provider of automated software for employee management, has raised $500 million in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022. This was an unusual round, raised in record time and for a…
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Kiwibot secures $10 million in new funding
Kiwibot, a robotic last-mile delivery service that has completed over 250,000 food deliveries with robots, has agreed what it describes as a “tailor-made” $10 million financing partnership with asset financing group kineo finance. The agreement will help Kiwibot with its manufacturing and scaling needs, growing its robotic fleet and disrupting the delivery-as-a-service (DaaS) industry. By…
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Ronovo Surgical raises $50 million to commercialize robotic laparoscopy system
One of the fastest growing companies in the global robotic and digital surgery space, Ronovo Surgical, recently raised new financing to accelerate its vision of broad, cross-specialty adoption of robotic-assisted surgery. The latest round of financing arms Ronovo with more than $50 million raised since 2020. Led by LongRiver Investments (LRI), this round garnered continued…