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Vantora raises $100 million to build startups corporate clients can keep

Vantora raises $100 million to build startups corporate clients can keep Image: Primary
Vantora, formerly UP.Labs, received $100 million from Silversmith Capital Partners in its first outside investment. The firm builds startups around problems faced by corporate customers, which fund the ventures and become their first buyers. Under its revised approach, those customers can acquire the startups and keep the technology inside their own businesses. Founder John Kuolt said that makes it possible to pursue sensitive projects, such as using AI to automate industrial machinery, that clients would not want sold to competitors. The studio launched with Porsche in 2022 and has also worked with Alaska Airlines, J.B. Hunt and other corporate partners.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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Toyota and Waymo unveil bZ4X robotaxi for Japan testing in 2027

Toyota and Waymo unveiled a bZ4X-based robotaxi that Waymo plans to test in Japan beginning in 2027, Yahoo News UK reported. Toyota will install and integrate Waymo's autonomous-driving equipment at its Takaoka factory in Toyota City, Aichi Prefecture.