SwitchOn, an artificial intelligence-enabled vision inspection system for manufacturing companies, announced it has raised $4.2 million in a funding round, led by a Singapore-based fund, according to ETtech report. The Bengaluru-based software-as-a-service (SaaS) company declined to share the name of the fund. Other funds—Axilor Ventures and Pi Ventures—and angel investors—Alstrut India managing director Anuj Bihani…
SK Networks announced on the 9th of March that the company has made an investment of 22 million dollars directly and indirectly through SK networks’ U.S. investment arm Hico Capital, securing 2.6% of ownership in total. 100 million dollars were raised for this round in order to bring Humane’s product to the market and further develop technology. The investment decision…
UptimeAI, an AI-based digital transformation solution provider for the energy, chemicals, and heavy industries, has raised a total of $3.5 Million in funding led by Emergent Ventures. Joining the round are existing investors YourNest Venture Capital and new investors Sharad Sanghi, AI Sprouts, and Venture Catalysts. With the funding, UptimeAI plans to expand in the US to cater…
Advanced Navigation, a developer of AI robotics and navigation technology, and KKR, a global investment firm, announced the signing of definitive agreements under which KKR will lead a US$68 million (AUD108 million) Series B funding round in the Company. The funding round includes participation from new investors such as deep learning venture firm AI Capital…
Radian Mobility, a health tech company based out of Mumbai, focusing on enhancing mobility awareness through adherence in the physiotherapy and preventative fitness sector has raised USD 300,000 in its maiden raise from a large US family office. Radian was set up by CEO Jamshid Pandole, a twenty-two-year financial veteran and avid athlete, and CTO…
Accenture has made a strategic investment, through Accenture Ventures, in Pipeline, a Denver-based startup that uses artificial intelligence (AI) technology to increase financial performance by closing the gender equity gap. Pipeline’s cloud-based AI platform helps companies assess, address and action against gender biases. By analyzing hiring, pay, performance, potential and promotion data, Pipeline helps organizations quickly identify internal…
SambaNova Systems, the company building the industry’s most advanced software, hardware and services to run AI applications, has announced a $676 million Series D funding round led by SoftBank Vision Fund 2. The round includes additional new investors Temasek and GIC, plus existing backers including funds and accounts managed by BlackRock, Intel Capital, GV (formerly…
Instoried, an augmented writing platform which improves customer interest and engagement, announced that it has raised $1 million in pre-Series A funding led by 9Unicorns and Mumbai Angels, according to YourStory report. Other investors that participated in the funding round are JPIN, Jain Angel Network, SOSV, Artesian, FAAD Angel Network, Lead Angels, and a US-based…