Category: Emerging-Technologies
Wingcopter raises $22 million to expand to the U.S. and launch a next-generation drone
German drone technology startup Wingcopter has raised a $22 million Series A – its first significant venture capital raise after mostly bootstrapping. The company, which focuses on drone delivery, has come a long way since its founding in 2017, having developed, built and flown its Wingcopter 178 heavy-lift cargo delivery…
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How artificial intelligence will be used in 2021
Scale AI CEO Alexandr Wang doesn’t need a crystal ball to see where artificial intelligence will be used in the future. He just looks at his customer list. The four-year-old startup, which recently hit a valuation of more than $3.5 billion, got its start supplying autonomous vehicle companies with the…
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Relativity Space raises $500 million as its sets sights on the industrialization of Mars
3D-printed rocket startup Relativity Space has closed $500 million in Series D funding (making official the earlier reported raise), the company announced today. This funding was led by Tiger Global Management, and included participation by a host of new investors including Fidelity Management & Research Company, Baillie Gifford, Iconiq Capital,…
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Honda to mass-produce Level 3 autonomous cars by March
Honda claims it will be the first automaker to mass-produce vehicles with autonomous capabilities that meet SAE Level 3 standards, with plans to begin producing and selling a version of its Honda Legend luxury sedan with fully approved automated driving equipment in Japan from next March. Honda announced the news…
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Provizio closes $6.2M seed round for its car safety platform using sensors and AI
Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital. The startup has a “five-dimensional” sensory platform that…
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Swarms of autonomous insect robots could prove key to future planetary exploration
While we’re preparing to launch a six-wheeled robotic rover roughly the size of a car to explore Mars, future planetary exploration and science missions could employ much smaller hardware – including, potentially swarms of robots the size of insects designed to act in concert with one another autonomously. Swarming insect-like…
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