Humanoid robot developer Figure raised a staggering round of $675 million from Intel Capital, Microsoft, Nvidia, Ark Investment Management, and more.
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Year: 2024
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Tracxn Deals of the Week: AI and Cybersecurity (February 16-22, 2024)
Recogni, which provides a deep-learning platform for detecting cancer-related markers, raised a Series C - $102M round.
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Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (February 9-15, 2024)
Deep learning hardware provider Lambda Labs has rode the AI processing wave to staggering $320M funding round.
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GFT Technologies Expands in Latin America with Acquisition of Colombian Firm Sophos Solutions
With an addition of 1.700 employees, this marks the largest-ever acquisition for the Stuttgart, Germany-based firm in terms of headcount.
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Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (January 26-February 1, 2024)
Kore.ai, a provider of chatbots for customer support, raised a $150M round from FTV Capital, Vistara Growth, NextEquity Partners, NVIDIA, and others.
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Qualfon Group Acquires Montreal-Based Contact Center Voxdata Solutions
The acquisition provides significant French-language capabilities to the firm and adds to Qualfon's workforce of some 15,000 employees.
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Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (January 12-18, 2024)
Focus, a social network that mixes crypto speculation, social media, and generative AI, raised a $200M round from Sequoia Capital, Social Capital, a16z, and Coinbase.
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US Fintech Startups Suffered a 36% Funding Collapse in 2023
Fintech funding in the country fell by 36% year-over-year and suffered a free fall of 68% compared to 2021.
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AIGA Pushing for Frameworks to Ensure Responsible AI Development
“We must collaborate among governments, the private sector and local communities to ensure the future of AI benefits all.”
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Tracxn Deals of the Week: AI and Cybersecurity (December 29 – January 4, 2024)
Shield AI, a developer of an AI fighter jet pilot and manufacturer of autonomous drones for surveillance and patrolling, raised a $100M round.