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Eye surgery robotics startup ForSight raises $10M – TechCrunch

Eye surgery robotics startup ForSight raises $10M Israel-based ForSight Robotics announced today that it has raised $10 million for what it has deemed a “mega-seed round.” Led by Eclipse Ventures and Mithril Capital, the round will go toward expanding the company’s headcount and global reach, as it looks to bring its offerings to international markets, pending the sorts of regulatory approvals that go into launching a robotic surgery platform. The company’s surgical platform is designed...
United Kingdom Daniel Glozman Mithril Ajay Royan Rony Abovitz Auris Health Israel Based Forsight Robotics

Contributed: Blank check-up uncovers a digital health SPAC attack

Share The 2020s are on course to become the decade of the special purpose acquisition companies (SPACs), also known as "blank check" or "shell" companies. SPACs are set to outpace IPOs once again in 2021, after a record year that saw SPACs mature from a once obscure method of going public to a rabid, flavor-of-the-month frenzy amidst both institutional and retail investors. The year of COVID-19 saw 227 SPACs top traditional IPOs for the first time in history, raising $76 billion, compared ...
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Startup Funding: February 2021

Startup Funding: February 2021 In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised o...
United States France General United Kingdom San Francisco Ramat Gan Tel Aviv

Symbio is working with Toyota and Nissan to increase robotic assembly efficiency – TechCrunch

Symbio is working with Toyota and Nissan to increase robotic assembly efficiency Bay Area-based AI startup Symbio today announced its “official launch.” Backed by a total of $30 million in funding, the company has struck deals with both Nissan and Toyota to implement its software in U.S.-based factories. The company says its SymbioDCS technology is capable of dramatically increasing automation with factory robots on the assembly line. “To the end customer, the proposition is pretty straig...
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Owlet Baby Care, the Connected Nursery Ecosystem that Delivers Data-Driven Technology to Modern Parenting, to Become Publicly Traded via Merger with Sandbridge Acquisition Corporation – Consumer Electronics Net

2 months ago Owlet Baby Care is bringing a data-driven connectivity platform to the nursery while simplifying life for parents Combined company to have an implied initial enterprise value of approximately $1,074 million, with the company expected to have up to an estimated $325 million in cash after closing Top-tier investors, including Fidelity Management & Research LLC, Janus Henderson Investors, Neuberger Berman Funds, OrbiMed, private funds affiliated with PI...
United States Rebecca Campbell Lior Susan Ken Suslow Brooke Camit Los Angeles

Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of ... Swift NavigationFebruary 9, 2021 GMT SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced...
South Korea Timothy Harris Greg Papadopoulos Innovation Fund Enterprise Associates Capital Group
Source: apnews.com

Swift Navigation Raises $50 Million Series C Round to Accelerate Consumer Adoption of Automotive Safety and Precise Navigation Applications Across the Globe

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) — Swift Navigation, a San Francisco-based tech firm redefining GNSS (Global Navigation Satellite System) and precise positioning technology for autonomous vehicles, automotive, mobile and mass-market applications, today announced that it has raised a $50 million Series C round of financing led by existing investors Forest Baskett and Greg Papadopoulos of New Enterprise Associates (NEA), existing investor Eclipse Ventures and new investors, inc...
South Korea Timothy Harris Greg Papadopoulos Innovation Fund Enterprise Associates Capital Group

Weber acquires smart cooking startup June – TechCrunch

Weber acquires smart cooking startup June Outdoor cooking industry leader and famed kettle-grill-maker Weber has acquired June, the smart cooking startup founded in 2013 by Matt Van Horn and Nikhil Bhogal. While financial terms of the deal weren’t disclosed, Weber has confirmed that June will continue to operate as its own brand wholly owned by Weber-Stephen Products and will continue to both sell and develop the June Oven and related products. Meanwhile, June co-founder Nikhil Bhogal will ta...
Matt Van Horn Lerer Hippeau Jim Stephen Nikhil Bhogal Van Horn Amazon Alexa Fund

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