Three agent companies raised money on November 4, and the sizes couldn't be further apart. Nooks took $500 million for AI that works alongside salespeople. Phaze raised an $8.75 million seed to give agents their own computers. Shackleton AI raised $5 million to put agents on construction sites. What ties them together is the question each one answers differently: where does an … [Read more...] about Nooks Gets 500 Million Dollars From General Catalyst for AI Sales Agents as Phaze and Shackleton AI Raise Seed Rounds
venture capital
Collective, Wabi and AvalonX Raise $165 Million as OPay Pulls Its $304 Million NYSE IPO on Debut Day
Four funding announcements went out on October 29 and 30. Three were private rounds. The fourth, and by far the biggest, rang the New York Stock Exchange opening bell and then never traded. Collective, Wabi and AvalonX announced up to $165 million between them, debt included. OPay priced a $304 million IPO and pulled it the same day. The common thread in the three private … [Read more...] about Collective, Wabi and AvalonX Raise $165 Million as OPay Pulls Its $304 Million NYSE IPO on Debut Day
Maxinsights Raises $30 Million Seed to Film Real Household and Hotel Work as Training Data for Robots
Robots don't fail on the demo. They fail on the dish that was put away wrong, the towel caught on a hinge, the guest who left a suitcase in the doorway. Maxinsights has raised $30 million to collect exactly that kind of messy footage. The Santa Clara company closed a $30 million seed round led by Peak XV. Tola Capital, South Park Commons, INCE Capital and Alumni Ventures … [Read more...] about Maxinsights Raises $30 Million Seed to Film Real Household and Hotel Work as Training Data for Robots
Nevis Raises $70 Million Series B With Schwab Backing as AI Agents Take Over Wealth Adviser Back Office Work
Nevis, a New York company building AI software for wealth advisers, has raised a $70 million Series B. EQT Ventures led the round. The Charles Schwab Corporation came in as a strategic investor, along with QuantumLight, the fund started by Revolut chief executive Nik Storonsky. Sequoia Capital, ICONIQ and Ribbit Capital, all existing backers, put in more. That brings total … [Read more...] about Nevis Raises $70 Million Series B With Schwab Backing as AI Agents Take Over Wealth Adviser Back Office Work
J2 Ventures Secures $150 Million for Argonne Fund to Boost Deep Tech Investments
J2 Ventures, a deep tech venture capital fund that focuses on technologies crucial for both the private sector and the national security interests of the U.S. and its allies, has successfully raised $150 million for its new Argonne Fund. This fund, which was oversubscribed and is majority veteran-owned and led, has garnered support from some of the largest financial … [Read more...] about J2 Ventures Secures $150 Million for Argonne Fund to Boost Deep Tech Investments
Investment in Venture Capital-backed Companies on Pace to Exceed $100 Billion By End of 2018
In the third quarter of 2018, investment into US venture capital-backed companies topped $27.8 billion, pushing 2018's total venture capital (VC) deal value to $84.3 billion. At this pace, 2018 could hold the mark for most venture capital invested in the US in a single year, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital … [Read more...] about Investment in Venture Capital-backed Companies on Pace to Exceed $100 Billion By End of 2018
Pivot Bio Closes $70 Million Series B Financing to Deliver First and Only Clean Alternative to Synthetic Nitrogen Fertilizer for U.S. Corn Farmers
Pivot Bio announced today $70 million in a Series B funding round led by Breakthrough Energy Ventures, and includes Singapore-headquartered investment company, Temasek. This funding further strengthens Pivot Bio's 2019 commercial launch of the first and only nitrogen-producing microbes for U.S. corn farmers. Recently named Pivot Bio PROVENTM, this product supplies a clean … [Read more...] about Pivot Bio Closes $70 Million Series B Financing to Deliver First and Only Clean Alternative to Synthetic Nitrogen Fertilizer for U.S. Corn Farmers
Human, Incorporated Raises $21 Million in Series B Funding for launch of next generation headphone
Human, Incorporated (www.humaninc.com) today announced the closing of a $21 million Series B investment. The funds will be used to accelerate the pace of innovation and launch its next generation headphone – Human Headphones. The state-of-the-art hybrid design of Human Headphones enables intelligent voice control, all-day comfort and fit, powerful sound, and promises to … [Read more...] about Human, Incorporated Raises $21 Million in Series B Funding for launch of next generation headphone
Sports Technology: Dentsu and Scrum Ventures to Inspire Global Startups
Dentsu Inc. (TOKYO: 4324) (ISIN: JP3551520004) (President & CEO: Toshihiro Yamamoto; Head Office: Tokyo; Capital: 74,609.81 million yen) has announced it and Scrum Ventures LLC (Headquarters: San Francisco; General Partner: Takuya Miyata), a US-based venture capital firm, will co-host the SPORTS TECH TOKYO in 2019 in Japan and the U.S. This acceleration program* originates in … [Read more...] about Sports Technology: Dentsu and Scrum Ventures to Inspire Global Startups
project44 Secures $45M in Funding to Expand its Advanced Visibility Platform
project44 (p44), the leader in advanced visibility for shippers and third-party logistics firms, today announced it has completed a financing round of $45 million led by Sapphire Ventures, a leading venture capital firm that partners with category-leading growth technology companies, with additional investment from new investor Insight Venture Partners and participation from … [Read more...] about project44 Secures $45M in Funding to Expand its Advanced Visibility Platform