New York City, New York, November 11th, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary… Continue reading Polymer Launches Real-Time Interoperability For Ethereum Rollups
Author: FINSMES Online News
Serve Robotics to Acquire Vebu
Serve Robotics (Nasdaq: SERV), a San Francisco, CA-based autonomous robotic delivery company, acquired Vebu, a provider of an automation and robotics solutions for restaurant partners. The amount of the deal was not disclosed. Led by CEO and Founder Buck Jordan, Vebu is a full stack automation, robotics, and intelligence company focused on building technology solutions for… Continue reading Serve Robotics to Acquire Vebu
0G.AI Node Sale on Fjord: Decentralised Capital Formation Meets Decentralised AI
Singapore, Singapore, November 7th, 2024, Chainwire 0G Foundation in conjunction with Fjord Foundry are proud to announce its upcoming node sale on Fjord, web3’s leading capital formation platform. The sale will run from November 7th to 13th, offering participants valuation terms and an opportunity to lead in the decentralized AI space. 0G recently closed its last… Continue reading 0G.AI Node Sale on Fjord: Decentralised Capital Formation Meets Decentralised AI
Cloudsquid Raises $1M in Pre-Seed Funding
Cloudsquid, a Berlin, Germany-based provider of an AI-Agent platform specializing in extracting and transforming unstructured data, raised $1M in Pre-Seed funding. The round was led by High-Tech Gründerfonds and Backbone Ventures, with participation from angel investors Reetu Kainulainen (Founder Ultimate AI) and Udi Miron (VP Product Ultimate AI). The company intends to use the funds… Continue reading Cloudsquid Raises $1M in Pre-Seed Funding
Insider Raises $500M in Series E Funding
Insider, a NYC-based AI-native omnichannel experience and customer engagement platform, raised $500m in Series E funding. The round was led by General Atlantic. As part of the transaction, Sascha Guenther, Alex Crisses, and Christopher Apfel, Vice President at General Atlantic, will join the Insider Board of Directors. Insider plans to use the funds to further… Continue reading Insider Raises $500M in Series E Funding
Marqii Raises $10M in Funding
Marqii, an Austin, TX-based provider of a digital operations platform for hospitality businesses, raised $10M in funding. The round was led by Next Coast Ventures with participation from Rich Products Ventures and Maccabee Ventures. The company intends to use the funds to continue hospitality-specific product development, hire additional team members, and further expand their wide network of… Continue reading Marqii Raises $10M in Funding
Matter Intelligence Raises $12M in Seed Funding
Matter Intelligence, a Los Angeles, CA-based remote sensing startup, raised $12M in Seed funding. The round was led by Lowercarbon Capital, with participation from Toyota Ventures, Pear, Mark Cuban, and E2MC. The company intends to use the funds to accelerate the development of its sensing infrastructure. Led by CEO Vishnu Sridhar, Matter Intelligence provides sensors that use hyperspectral imaging,… Continue reading Matter Intelligence Raises $12M in Seed Funding
Verax AI Raises $7.6M in Seed Funding
Verax AI, a Dallas, TX- and Tel Aviv, Israel-based provider of enterprise-grade software solutions, raised $7.6M in Seed funding. The round was led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures. The company intends to use the funds to accelerate its go-to-market processes and increase awareness. Founded… Continue reading Verax AI Raises $7.6M in Seed Funding
Third Wave Automation Closes $27M Series C Funding
Third Wave Automation, a Union City, CA-based provider of autonomous forklifts empowered by Shared Autonomy, raised $27M in Series C funding. The round was led by Woven Capital, Toyota’s growth fund. Return investors Innovation Endeavors, Norwest Venture Partners and Qualcomm Ventures also participated, bringing total capital raised to $97M. Prashant Bothra, principal at Woven Capital, is… Continue reading Third Wave Automation Closes $27M Series C Funding
Otto Raises $6M in Seed Funding
Otto, a Seattle, WA-based startup building an intelligent and autonomous AI travel agent for business travelers, raised $6M in Seed funding. The round was led by Madrona Ventures, with participation from Direct Travel and angel investors from across the business travel industry, including Erik Blachford, former CEO of Expedia, IAC Travel and Couchsurfing; Barney Harford,… Continue reading Otto Raises $6M in Seed Funding