Onna, a platform that helps companies integrate knowledge and derive insights from workplace apps, has raised $ 27 million in a series B round of funding led by Atomico. The raise comes as cloud-based services and apps have surged these past few months due to the rapid acceleration in remote …
Read More »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, …
Read More »WiBotic raises $5.7 million for wireless drone chargers
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 …
Read More »JSonar raises $50 million for AI-powered database monitoring products
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 …
Read More »Lilium raises $35 million to accelerate flying taxi development
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 …
Read More »Locus Robotics raises $40 million to take its warehouse robots global
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 …
Read More »S’pore Startup Beam Raises US$26M Funding To Build The Largest E-Scooter Fleet In APAC
Singapore micromobility startup Beam has raised US$ 26 million (about S$ 36.6 million) in its latest Series A funding round. The fundraise was led by Sequoia India — which was also Beam’s lead investor at seed stage in 2018 — and Hana Ventures. They are joined by other Asia Pacific …
Read More »SmartRent raises $60 million to manage connected buildings
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 …
Read More »DefinedCrowd raises $50.5 million for AI data set curation
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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