Multiply Labs raises $75M Series B for pharmaceutical robotics
Multiply Labs has raised a $75 million Series B led by Patrick Soon-Shiong's NantWorks, SiliconANGLE reported. The startup develops robotic systems that automate pharmaceutical manufacturing processes, making equipment for drugmak...
Ramp reportedly raises about $1.85B at $60B pre-money valuation
Ramp raised about $1.85B in a round led by Dragoneer and Thrive Capital at a $60B pre-money valuation, Bloomberg reported, citing people familiar with the matter. The fintech startup's valuation rose from $44B in June, when it rai...
Saudi AI company Echelon raises funding for enterprise and government deployments
Saudi AI company Echelon raised an undisclosed funding round from East40, RAED Ventures and Avra, alongside Ben Horowitz and other investors, Arab News reported. The capital will support AI deployments across Saudi enterprises and...
Danu Robotics raises $5 million as recycling robots begin shipping
Edinburgh-based Danu Robotics has raised $5 million in late-seed funding and is shipping its H.E.R.O. recycling robots, TechCrunch reports. The company has $500,000 in signed contracts, letters of interest from two large customers...
Sabi raises $50M seed for cap intended to turn neural signals into AI prompts
Palo Alto-based Sabi raised a $50M seed round, Forbes reported. The company is building a baseball cap with 100,000 non-contact sensors intended to convert neural signals into text prompts for AI systems. Sabi is betting the cap w...
Cloudflare acquires Deno, a rival in developer infrastructure
Cloudflare is buying Deno, the startup co-founded by Node.js creator Ryan Dahl, The New Stack reported. Deno had developed an open-source alternative to Cloudflare Workers, making the acquisition a purchase of a longtime competito...