Wireless drone charging solutions provider WiBotic today announced it has raised $ 5.7 million, which it will use to expand its product offerings and enhance customer support. CEO Ben Waters says the plan is to grow WiBotic’s sales team over the next few months as the company advances various internal …
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Database monitoring platform startup JSonar today announced it raised $ 50 million, the bulk of which it plans to put toward R&D and go-to-market efforts. Notably, it’s the company’s first-ever round of institutional funding as JSonar’s customer base eclipses 5 out of the world’s 10 largest banks. Database monitoring is …
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Lilium, the German aviation startup setting out to bring flying taxis to the skies by 2025, has added a further $ 35 million to its pot, taking its series C round of funding to around $ 275 million following the initial investment it announced back in March. A person familiar …
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Schell Games’ I Expect You To Die is the latest VR title to celebrate huge success on Oculus Quest. The game, which launched on Facebook’s standalone headset last year, has sold nearly 100,000 copies on the platform, generating $ 2 million in revenue. In September 2018, over six months before …
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League of Legends publisher Riot Games said that it will invest $ 10 million in founders who are underrepresented minorities and women in the video game community. And through Riot Games’ Social Impact Fund, the company will commit $ 1 million in contributions to The Innocence Project and the ACLU …
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Warehouse robotics startup Locus Robotics today announced it has raised $ 40 million, the bulk of which will be put toward accelerating R&D and the company’s expansion into new markets, including in the EU, where it opened a new headquarters. CEO Rich Faulk says Locus also intends to launch strategic …
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Here’s what you need to know: U.S. communities are convulsed by two crises: a pandemic and police violence. Merkel declined Trump’s invitation to attend the G7 in person. Then Trump postponed the summit. Nations expand reopenings, and global cases pass 6 million. Catching up with an octogenarian couple once separated …
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SmartRent, which provides smart home automation for property owners, managers, developers, and residents, today announced that it has raised $ 60 million. CEO Lucas Haldeman said the funding will enable the company’s next phase of growth as it expands its portfolio of offerings. According to Statista, revenue from the smart …
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Seattle-based DefinedCrowd, which describes itself as a “smart” data curation platform, today announced it raised $ 50.5 million. CEO Daniela Braga says the proceeds will be used to expand the company’s existing solutions, launch new subscription-based offerings, and grow DefinedCrowd’s international reach. AI algorithms typically require labeled data to train, …
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