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Bluewhite robots-as-a-service farm equipment company raises $39M
Bluewhite Robotics Ltd., an Israeli company that builds autonomous robotics equipment for farmers, today announced it has raised $39 million in new funding its agricultural solution to help growers reduce their workloads. The company said today that it completed a Series C financing round led by Insight Partners, with participation from new investors Alumni Ventures ...
Open-source vector database Qdrant raises $28M
Qdrant, the developer of a high-performance, open-source vector database, today announced it has raised $28 million in early-stage funding led by Spark Capital enhance its offering for generative artificial intelligence use cases. Existing investors, Unusual Ventures and 42CAP also participated in the company’s Series A funding round. The fundraise follows Qdrant’s $9.8 million seed funding ...
Apple opens pre-orders for the Vision Pro mixed reality headset
Pre-orders for Apple Inc.’s much-anticipated mixed reality Vision Pro headset opened today for customers in the United States, making the company’s first “spatial computer” available to order for $3,499 on the company’s website. In addition to opening pre-orders, Apple revealed full tech specs for the device and accessories for the Vision Pro. To pre-order the ...
Crypto staking platform Kiln raises $17M to expand operations
Crypto startup Kiln, a firm that allows users to receive rewards for securing the Ethereum blockchain, today announced that it has raised $17 million in new funding to expand its operations led by early-stage investment firm 1kx. The funding round was joined also joined by IOSG, Wintermute Ventures, KXVG, LBank and the cryptocurrency trading platform Crypto.com. Following the ...
Alphabet’s Wing unveils new drone that can carry heavier payloads
Alphabet Inc’s drone delivery division Wing Aviation LLC introduced a new aircraft today that can carry bigger payloads than its counterparts allowing the company to deliver larger orders for customers. The new drone will add to Wing’s already existing fleet of aircraft, which the company calls its Aircraft Library, which allows its teams to work on an ...
Sakana AI raises $30M to develop small, collaborative AI models
Sakana AI, an artificial intelligence startup based in Tokyo, Japan that takes inspiration from the way that animals such as fish and birds work together, today announced it has raised $30 million in seed funding to build smaller and more agile AI models. The seed funding round was led by prominent venture capital firms Lux ...
Digital assets firm HashKey raises $100M at over $1.2B valuation
Hong Kong-based cryptocurrency exchange and digital assets financial services company HashKey Group said today that it has raised nearly $100 million in an early-stage funding round at a pre-money valuation of more than $1.2 billion. The company said in its announcement that existing and new investors joined in the Series A round, but did not reveal their ...
Crypto firm Genesis settles with NYDFS, pays $8M fine and forfeits BitLicense
The New York Department of Financial Services announced today a settlement with cryptocurrency spot-trading firm Genesis Global Trading Inc. requiring it to pay an $8 million fine and give up its license to operate with virtual currencies in New York. According to a statement from the NYDFS, following an investigation of the firm, the department discovered that ...
Space logistics outfit D-Orbit raises $110M
Space logistics services company D-Orbit, which provides companies last-mile assistance for satellites and cargo transfers in orbit around Earth, said today that it has raised $110 million in new funding to expand its services and operational capabilities. The company’s Series C funding round, one of the largest ever for a European space technology company, was led ...
USDC stablecoin issuer Circle files for IPO in the US
Circle Internet Financial Inc., the issuer of a cryptocurrency pegged to the U.S. dollar, has filed for an initial public offering enabling it to sell shares and become a publicly traded company. The company announced today that it confidentially filed a draft registration form S-1 with the United States Securities and Exchange Commission that will allow it ...