Peak XV is creating an “evergreen” fund bankrolled by its investment partners and extended team, a source familiar with the matter told TechCrunch, as the venture firm seeks to become a significant LP in the firm’s future vehicles and explore investment in new asset classes. The most influential investor in India and Southeast Asia revealed […]
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LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the California startup that makes artificial intelligence-powered server robots for restaurants and other venues — autonomous tray towers on wheels that are […]
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Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed […]
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France-based startup Nijta, whose flagship product Voice Harbor anonimizes voices for AI, raised €2 million in funding from various sources, including deep tech VC fund Elaia.
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UK-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology, it’s attracted them, thus hitting the $80 million mark for the final close of its second fund (it reached $44.7 million as its first close […]
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Barcelona-based cleantech startup SolarMente recently added Leonardo DiCaprio to its cap table, hence becoming the actor’s and activist’s first investment in the country.
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Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the model remains vibrant. India’s quick commerce market has witnessed a staggering 10-fold growth between 2021 and 2023, fueled by the sector’s ability to cater to […]
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Perhaps a few years from now, the halls of the Georgia World Congress Center will be peppered with humanoid robots the week of Modex. In 2024, however, Digit stands alone at the supply chain show. It’s a testament to Agility’s healthy head start over competitors like Figure, Tesla, 1X and Apptronik. This time last year […]
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