Artificial Intelligence is growing at a faster pace. Despite the unprecedented situation of coronavirus, 2020 till date has witnessed sustained momentum. Funding has increased by 51% to $8.4B from the previous quarter. With this faster pace, it is also attracting a series of funding and financial investments. Lets go through some of the important investments in artificial intelligence and robotics companies in July 2020.
Amount Funded: $6 million
Transaction Name: Seed Round
Lead Investors: Kindred Capital and Capnamic Ventures
BotsAnduS creates robots that work with people in shopping centers, retail stores, office buildings, airports etc. They aim at digitising the full customer journey by automating the collection of onsite data and providing 24/7 customer service.
BotsAnduS has reported that it has raised a $6m seed funding, which was co-driven by Kindred Capital and Capnamic Ventures, along with angel investors participating in the round.
Amount Funded: $225 million
Transaction Name: Seed E Funding
Lead Investors: Alkeon Capital Management
UiPath, a leading RPA company has brought $225 million up in Seed E funding. The round was driven by Alkeon Capital Management. Other investors participating in the round are Accel, Coatue, Dragoneer, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global, Wellington. The funding will be utilized for developing automation solutions in order to mitigate the risks posed on productivity and supply of human workers.
Amount Funded: $100 million
Transaction Name: Series C Funding
Lead Investors: Next47
Skydio is a leader in autonomous flight technology and a U.S. drone manufacturer. Skydio raised $100 million in Series C funding. The round was driven by Next47 along with Levitate Capital, NTT DOCOMO Ventures, and existing investors including Andreessen Horowitz, IVP, and Playground participating in the round. The organization will utilize the funding to grow its operations in public sector markets and accelerate product development.
Amount Funded: $56.2 million
Transaction Name: Series A Funding
Lead Investors: Lightspeed Venture Partners
The Bay Area-based robotics startup , has raised $56.2 million up in Series A funding led by Kleiner Perkins, Lightspeed Venture Partners, Obvious Ventures, Pacific West Bank, B37 Ventures, Presidio (Sumitomo) Ventures, Blackhorn Ventures, Liquid 2 Ventures and Stanford StartX.
Dexterity offers robots for warehousing, logistics and supply chain operations. It has already seen a boost from the push for essential services during the COVID-19 pandemic.
Amount Funded: $13m
Transaction Name: Series A Funding
Lead Investors: Index Ventures
Abacus.AI, a San Francisco, CA-based AI research and AI cloud services company, has as of late brought $13m up in Series A funding driven by Index Ventures, with participation from Eric Schmidt, Ram Shriram, Decibel Ventures, Jerry Yang, Mariam Naficy, Erica Shultz, Neha Narkhede, Xuezhao Lan, and Jeannette Furstenberg.
The company will use the funding to grow its research team and scale its operations.
Amount Funded:
Transaction Name: Series A
Lead Investors: ETP Ventures
Deep Longevity, a biotechnology company transforming longevity R&D through AI-discovered biomarkers of aging, has raised Series A funding of an undisclosed amount. The round was led by ETP Ventures and different prominent investors like BOLD Capital Partners, Longevity Vision Fund, Oculus, Formic Ventures, and LongeVCalso participated.
Amount Funded:
Transaction Name: Seed funding
Lead Investors: Y Combinator
The company raised an undisclosed amount of Seed funding. Nana is building the Guild for the eventual future of work. A distributed workforce of tradespeople, starting with the $4B Appliance Repair industry. Nana is an on-demand home maintenance marketplace. A marketplace meets modern trade school, showing new aptitudes and associating the 10M+ Americans who will be affected via automation to more compelling jobs in the home services space.
Nana is a place for consumers to complete things, and AI and a learning management system for skilled professionals.
Amount Funded: $53m
Transaction Name: Series B
Lead Investors: DCVC
Caption Health, the Calif.-based medical artificial intelligence (AI) company, has raised a $53m Series B funding driven by existing investor DCVC. Other investors which participated in the round are Atlantic Bridge, Edwards Lifesciences, along with existing investor Khosla Ventures. . The company plans to scale up its operations and develop its AI technology platform.
Amount Funded: $6.5m
Transaction Name: Series A
Lead Investors: Debiopharm
Computational biology startup Nucleai raised $6.5m Series A funding led by Debiopharm a Swiss biopharmaceutical company. Previous investors Vertex Ventures and Grove Ventures also participated in the round.
Nucleai offers an AI-powered precision oncology platform that offers biomarker discovery and treatment decisions for cancer treatments. It combines machine learning and computer vision to model the characteristics of both the tumour and the patients immune system.
Amount Funded: 2.5m
Transaction Name: Seed Funding
Lead Investors: NPIF and XTX Ventures
Logicaly, a UK-based dtech startup declared that it has raised 2.5m seed funding from NPIF and XTX Ventures. The company aims to use the funding to continue developing its product in time for the US election.
The startup deploys AI to detect fake and news and misinformation as well as provide fact-checking service to combat fake news.
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Top Artificial Intelligence and Robotics Investments in July 2020 - Analytics Insight
- Classic reasoning systems like Loom and PowerLoom vs. more modern systems based on probalistic networks - November 8th, 2009 [November 8th, 2009]
- Using Amazon's cloud service for computationally expensive calculations - November 8th, 2009 [November 8th, 2009]
- Software environments for working on AI projects - November 8th, 2009 [November 8th, 2009]
- New version of my NLP toolkit - November 8th, 2009 [November 8th, 2009]
- Semantic Web: through the back door with HTML and CSS - November 8th, 2009 [November 8th, 2009]
- Java FastTag part of speech tagger is now released under the LGPL - November 8th, 2009 [November 8th, 2009]
- Defining AI and Knowledge Engineering - November 8th, 2009 [November 8th, 2009]
- Great Overview of Knowledge Representation - November 8th, 2009 [November 8th, 2009]
- Something like Google page rank for semantic web URIs - November 8th, 2009 [November 8th, 2009]
- My experiences writing AI software for vehicle control in games and virtual reality systems - November 8th, 2009 [November 8th, 2009]
- The URL for this blog has changed - November 8th, 2009 [November 8th, 2009]
- I have a new page on Knowledge Management - November 8th, 2009 [November 8th, 2009]
- N-GRAM analysis using Ruby - November 8th, 2009 [November 8th, 2009]
- Good video: Knowledge Representation and the Semantic Web - November 8th, 2009 [November 8th, 2009]
- Using the PowerLoom reasoning system with JRuby - November 8th, 2009 [November 8th, 2009]
- Machines Like Us - November 8th, 2009 [November 8th, 2009]
- RapidMiner machine learning, data mining, and visualization tool - November 8th, 2009 [November 8th, 2009]
- texai.org - November 8th, 2009 [November 8th, 2009]
- NLTK: The Natural Language Toolkit - November 8th, 2009 [November 8th, 2009]
- My OpenCalais Ruby client library - November 8th, 2009 [November 8th, 2009]
- Ruby API for accessing Freebase/Metaweb structured data - November 8th, 2009 [November 8th, 2009]
- Protégé OWL Ontology Editor - November 8th, 2009 [November 8th, 2009]
- New version of Numenta software is available - November 8th, 2009 [November 8th, 2009]
- Very nice: Elsevier IJCAI AI Journal articles now available for free as PDFs - November 8th, 2009 [November 8th, 2009]
- Verison 2.0 of OpenCyc is available - November 8th, 2009 [November 8th, 2009]
- What’s Your Biggest Question about Artificial Intelligence? [Article] - November 8th, 2009 [November 8th, 2009]
- Minimax Search [Knowledge] - November 8th, 2009 [November 8th, 2009]
- Decision Tree [Knowledge] - November 8th, 2009 [November 8th, 2009]
- More AI Content & Format Preference Poll [Article] - November 8th, 2009 [November 8th, 2009]
- New Planners Solve Rescue Missions [News] - November 8th, 2009 [November 8th, 2009]
- Neural Network Learns to Bluff at Poker [News] - November 8th, 2009 [November 8th, 2009]
- Pushing the Limits of Game AI Technology [News] - November 8th, 2009 [November 8th, 2009]
- Mining Data for the Netflix Prize [News] - November 8th, 2009 [November 8th, 2009]
- Interview with Peter Denning on the Principles of Computing [News] - November 8th, 2009 [November 8th, 2009]
- Decision Making for Medical Support [News] - November 8th, 2009 [November 8th, 2009]
- Neural Network Creates Music CD [News] - November 8th, 2009 [November 8th, 2009]
- jKilavuz - a guide in the polygon soup [News] - November 8th, 2009 [November 8th, 2009]
- Artificial General Intelligence: Now Is the Time [News] - November 8th, 2009 [November 8th, 2009]
- Apply AI 2007 Roundtable Report [News] - November 8th, 2009 [November 8th, 2009]
- What Would You do With 80 Cores? [News] - November 8th, 2009 [November 8th, 2009]
- Software Finds Learning Language Child's Play [News] - November 8th, 2009 [November 8th, 2009]
- Artificial Intelligence in Games [Article] - November 8th, 2009 [November 8th, 2009]
- Artificial Intelligence Resources - November 8th, 2009 [November 8th, 2009]
- Alan Turing: Mathematical Biologist? - April 25th, 2012 [April 25th, 2012]
- BBC Horizon: The Hunt for AI ( Artificial Intelligence ) - Video - April 30th, 2012 [April 30th, 2012]
- Can computers have true artificial intelligence" Masonic handshake" 3rd-April-2012 - Video - April 30th, 2012 [April 30th, 2012]
- Kevin B. Korb - Interview - Artificial Intelligence and the Singularity p3 - Video - April 30th, 2012 [April 30th, 2012]
- Artificial Intelligence - 6 Month Anniversary - Video - April 30th, 2012 [April 30th, 2012]
- Science Breakthroughs - April 30th, 2012 [April 30th, 2012]
- Hitman: Blood Money - Part 49 - Stupid Artificial Intelligence! - Video - April 30th, 2012 [April 30th, 2012]
- Research Members Turned Off By HAARP Artificial Intelligence - Video - April 30th, 2012 [April 30th, 2012]
- Artificial Intelligence Lecture No. 5 - Video - April 30th, 2012 [April 30th, 2012]
- The Artificial Intelligence Laboratory, 2012 - Video - April 30th, 2012 [April 30th, 2012]
- Charlie Rose - Artificial Intelligence - Video - April 30th, 2012 [April 30th, 2012]
- Expert on artificial intelligence to speak at EPIIC Nights dinner - May 4th, 2012 [May 4th, 2012]
- Filipino software engineers complete and best thousands on Stanford’s Artificial Intelligence Course - May 4th, 2012 [May 4th, 2012]
- Vodafone xone™ Hackathon Challenges Developers and Entrepreneurs to Build a New Generation of Artificial Intelligence ... - May 4th, 2012 [May 4th, 2012]
- Rocket Fuel Packages Up CPG Booster - May 4th, 2012 [May 4th, 2012]
- 2 Filipinos finishes among top in Stanford’s Artificial Intelligence course - May 5th, 2012 [May 5th, 2012]
- Why Your Brain Isn't A Computer - May 5th, 2012 [May 5th, 2012]
- 2 Pinoy software engineers complete Stanford's AI course - May 7th, 2012 [May 7th, 2012]
- Percipio Media, LLC Proudly Accepts Partnership With MIT's Prestigious Computer Science And Artificial Intelligence ... - May 10th, 2012 [May 10th, 2012]
- Google Driverless Car Ok'd by Nevada - May 10th, 2012 [May 10th, 2012]
- Moving Beyond the Marketing Funnel: Rocket Fuel and Forrester Research Announce Free Webinar - May 10th, 2012 [May 10th, 2012]
- Rocket Fuel Wins 2012 San Francisco Business Times Tech & Innovation Award - May 13th, 2012 [May 13th, 2012]
- Internet Week 2012: Rocket Fuel to Speak at OMMA RTB - May 16th, 2012 [May 16th, 2012]
- How to Get the Most Out of Your Facebook Ads -- Rocket Fuel's VP of Products, Eshwar Belani, to Lead MarketingProfs ... - May 16th, 2012 [May 16th, 2012]
- The Digital Disruptor To Banking Has Just Gone International - May 16th, 2012 [May 16th, 2012]
- Moving Beyond the Marketing Funnel: Rocket Fuel Announce Free Webinar Featuring an Independent Research Firm - May 23rd, 2012 [May 23rd, 2012]
- MASA Showcases Latest Version of MASA SWORD for Homeland Security Markets - May 23rd, 2012 [May 23rd, 2012]
- Bluesky Launches Drones for Aerial Surveying - May 23rd, 2012 [May 23rd, 2012]
- Artificial Intelligence: What happened to the hunt for thinking machines? - May 25th, 2012 [May 25th, 2012]
- Bubble Robots Move Using Lasers [VIDEO] - May 25th, 2012 [May 25th, 2012]
- UHV assistant professors receive $10,000 summer research grants - May 27th, 2012 [May 27th, 2012]
- Artificial intelligence: science fiction or simply science? - May 28th, 2012 [May 28th, 2012]
- Exetel taps artificial intelligence - May 29th, 2012 [May 29th, 2012]
- Software offers brain on the rain - May 29th, 2012 [May 29th, 2012]
- New Dean of Science has high hopes for his faculty - May 30th, 2012 [May 30th, 2012]
- Cognitive Code Announces "Silvia For Android" App - May 31st, 2012 [May 31st, 2012]
- A Rat is Smarter Than Google - June 5th, 2012 [June 5th, 2012]