Raises

AMP Robotics

AMP Robotics raises $55 million for AI that picks and sorts recyclables

AMP Robotics, a Denver, Colorado-based startup creating robotic systems that sort recyclable material, this morning announced it has closed a $55 million series B funding round led by XN. The startup says it will use the funds to scale its business operations and develop AI product applications that integrate into materials recovery facilities to increase …

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SQream Technologies

SQream Technologies raises $39.4 million for GPU-accelerated databases

Data set analytics startup SQream Technologies today announced it has raised $39.4 million. The bulk of the new funds will go toward talent recruitment, product R&D, and enhancing the company’s customer delivery platforms, according to a spokesperson. SQream aims to lower the barrier to big data optimization with better performance, a reduced footprint, and cost …

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Geek+

Geek+ raises $50 million more to bring autonomous warehouse robots to the U.S.

In a sign the pandemic continues to bolster – and strengthen — the global delivery and logistics market, warehouse robotics startup Geek+ today announced that it extended its series C funding round to $200 million, up from $150 million in July 2019. The company says the deal, which closed sometime earlier this year, will accelerate …

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Brad Anderson

Vectice Raises $3M Revolutionizing Enterprise Management of AI and Data Science Initiatives – ReadWrite

Businesses have long begged for better enterprise management of AI and Data Information and Vectice is delivering on that promise, raising $3M for their data science initiatives. Vectice, the cloud-based platform that powers data and AI initiative among F2000 Corporations in San Francisco, announced a $3M seed round co-led by Spider Capital and Crosslink Capital. …

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Universal Quantum

Universal Quantum raises $4.5 million to build a large-scale quantum computer

Universal Quantum has raised $4.5 million as it emerges from stealth with plans to build a practical quantum computer that it claims will be far more powerful than current versions being developed by competitors. Investors in this early-stage funding round include Hoxton Ventures, Village Global, Propagator VC, Luminous VC, and 7percent. The company also disclosed …

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NS8 screening a Shopify store

NS8 raises $123 million to thwart ecommerce fraud using behavioral analytics

NS8, a fraud prevention platform designed to protect online transactions, has raised $123 million in a round of funding led by Lightspeed Venture Partners, with participation from AXA Venture Partners. Founded out of Las Vegas in 2016, NS8 meshes automation, behavioral analytics, device fingerprinting, and real-time scoring to identify fraudulent activity and establish the authenticity …

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COVID-19 Raises Consumers’ Health Consciousness

COVID-19 Raises Consumers’ Health Consciousness

COVID-19 afflicts more than the patients who contract the virus. The pandemic threatens the physical and emotional health of consumers who are contending with disrupted lifestyles and months of isolation. Our latest data shows that consumers are increasingly sensitive to their personal health; as of April 10, consumers report forming new behaviors to protect or …

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Cell and gene therapy startup ElevateBio raises $170 million

Cell and gene therapy startup ElevateBio raises $170 million

While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant money committed. Cambridge-based ElevateBio, for instance, revealed a $170 million Series B funding on Monday, with participation from new investors The Invus Group, Surveyor Capital, EDBI, and …

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AppsFlyer, a Mobile Attribution, and Marketing Analytics Company Raises $210M in Funding

AppsFlyer, a Mobile Attribution, and Marketing Analytics Company Raises $210M in Funding

AppsFlyer is a mobile attribution and marketing analytics. AppsFlyer is an independent measurement solution and innovative tools to grow and protect their mobile business. San Francisco: AppsFlyer, the global attribution leader, today announced a $210 million Series D funding round led by General Atlantic, a leading global growth equity firm based in New York. Alex Crisses, …

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Stasher, the luggage storage app for travellers, raises $2.5M additional funding

Stasher, the luggage storage app for travellers, raises $2.5M additional funding

Stasher, the luggage storage app for travellers, has raised $2.5 million in additional funding. Leading the round is Venture Friends, along with various angels including Johan Svanstrom, former president of Expedia-owned Hotels.com. Launched in 2015, and now calling itself a “sharing economy solution” to luggage storage, the Stasher marketplace and app connects travellers, event attendees …

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