Tag Archives: raises

SiLC Technologies, a silicon photonics startup specializing in photonic sensor and 3D imaging applications, today announced that it has closed a $ 12 million seed financing round. Founder and CEO Mehdi Asghari says that it’ll allow the company to refine its 4D+ Vision Chip lidar sensor, which it claims exceeds …

FiveAI has raised $ 41 million in venture capital as the startup seeks to turn the self-driving research it has conducted into commercial products and services. The U.K.-based startup has created a technology stack to power autonomous vehicles. The company uses AI and machine learning that would let cars use …

Talespin made itself famous for a virtual reality demo where managers learn how to fire a hapless worker named Barry. Now the company has raised $ 15 million to further develop extended reality (XR) — using technologies such as virtual reality and augmented reality — for enterprise training. Cornerstone OnDemand, …

Lendio, a company that provides a platform that taps algorithms to match customers with lenders and secure loans, announced that it raised $ 55 million. CEO Brock Blake says the influx of funds will bolster Lendio’s marketplace while enabling it to introduce new bookkeeping and lender services functions. Lendio claims …

Approximately 87% of all Americans are covered by some form of health insurance, but that’s not to suggest they don’t spend an exorbitant amount on regular doctor’s appointments. The average charge for patients with problems requiring comprehensive evaluations is $ 234, according to the Healthcare Blue Book, which doesn’t account …

More than 10.4 million people were infected with tuberculosis in 2016, according to the Center for Disease Control and Prevention, and 1.7 million of those people died from the resulting complications — many in developing regions with limited clinic access. That’s why Qure.ai pioneered qXR, a low-cost chest X-ray product …

In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $ 462 million in fresh funding, $ 400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $ 800 million at a …

Here’s what you need to know: South Korea’s leader urges an ‘all-out, concerted response.’ Europe confronts coronavirus as Italy scrambles to contain spike in cases. Pakistan and Turkey close their borders with Iran as cases there rise. China’s leader calls the epidemic a ‘crisis and a big test.’ Israel will …

Volocopter, a German company that’s developing autonomous electric takeoff and landing (eVTOL) aircraft for commercial air taxi services, has extended its series C funding by another €37 million ($ 40 million). This takes the round total to €87 million ($ 94 million), following the original €50 million ($ 54 million) …