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TL;DR: Fastino raised $17.5M in a round led by Khosla Ventures to make AI training faster and cheaper by using low-cost gaming GPUs instead of expensive enterprise hardware. Their software optimizes distributed training across these GPUs, offering a more efficient alternative to NVIDIA-dominated infrastructure. The company targets startups
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Hive and Toyota Material Handling Announce Partnership for AI-Driven TrucksHive and Toyota Material Handling Announce Partnership for AI-Driven Trucks AI-powered autonomous trucks and remote operation pave the way for the future of logistics.Hive Autonomynicole.shevchenko AI-powered autonomous trucks and remote operation pave the way for the future of logistics.
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TL;DR Feb 11 - Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million to scale production of its U.S.-made artificial intelligence chips. Valor Equity Partners, known for backing Elon Musk’s companies, Atreides Management, Flume Ventures and Resilience
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https://www.businesswire.com/news/home/20250206094005/en/Urban-Sky-Raises-%2430-Million-in-Series-B-Funding-to-Unlock-Routine-and-Easy-Global-Access-to-the-Stratosphere DENVER--(BUSINESS WIRE)--Urban Sky, a stratospheric platform company, today announced it has closed a $30M Series B investment round. The funding will be used to develop and commercialize a connected suite of products that will unlock the full value
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Investments from Morgan Stanley, Truist Bank and Other Prominent Financial Institutions Fund Residential Energy Leases Nationwide CHARLOTTE, N.C., Jan. 17, 2025 /PRNewswire/ – Today, Palmetto, a software company enabling consumer adoption of climate technology products and services, announced that it has raised over $1.2 billion in capital to support
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TL;DR Deus Robotics, a Ukrainian startup specializing in warehouse automation, raised $3M in seed funding to expand its AI-powered robotics platform. The round was led by SMRK VC with participation from BESOS Capital. Deus builds autonomous mobile robots and software to optimize warehouse operations, aiming to compete with players
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US Department of Energy Selects Mitra Chem for $100 Million Award for Domestic Battery Manufacturing/PRNewswire/ -- In a groundbreaking move to bolster America’s clean energy future, the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy…Cision PR NewswireMitra Chem Michigan provides additional $25 million
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Butlr secures $38M Round B fundingButlr announced its $38M Series B round funding on Aug 26th 2024 Burlingame, Calif. – August 26, 2024 – Butlr, a physical AI (PAI) startup, today announced $38M in Series B funding to meet the increasing demand for its sensors and anonymous data that can be used
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SirenOpt Raises $6.6M in Seed Funding to Transform Materials Manufacturing Blind Spots into Real-Time Insights Using Cold Atmospheric Plasma | ManufacturingTomorrowNon-destructive solution evaluates material quality and improves industrial efficiency across battery, aerospace, semiconductor, electronics, and other advanced manufacturing industriesManufacturingTomorrow Visit https://www.sirenopt.com/ for further information Non-destructive solution evaluates
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Stratospheric balloon company Urban Sky has closed a $9.75 million Series A round to scale its Earth imaging operations and expand its data products. The 14-person startup has mostly been conducting tasking missions for customers in the Rocky Mountain region — and bringing in millions in revenue doing so — but
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Tesla and GM veteran leads manufacturing software startup helping to bolster U.S. green infrastructure, empower mid-sized factories, and replace outdated manual methods SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ -- Pico MES, a software company that is enabling digital transformation for small to medium-sized American factories, today announced a $12.
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https://www.businesswire.com/news/home/20230305005097/en/Palmetto-Closes-$150-Million-Investment-from-TPG-Rise-Climate Mar 6, 2023 CHARLESTON, S.C. & SAN FRANCISCO--(BUSINESS WIRE)--Palmetto, a leading technology enabled clean energy platform, today announced it has raised $150 million to continue spurring the adoption of clean energy and access to residential solar across