Horizon Robotics, a Chinese rival to Nvidia, seeks to raise over $700M – ITPro.works

In their rush to offer alternatives to advanced western chipsets, Chinese semiconductor companies are racking up large fundings from investors. Horizon Robotics, a five-year-old unicorn specializing in AI chips for … Read More

Recycling robotics company AMP Robotics could raise up to $70 million sources say – ITPro.works

AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, … Read More

SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation – ITPro.works

This year, more than ever before because of the Covid-19 pandemic, huge droves of workers and consumers have been turning to the internet to communicate, get things done, and entertain … Read More

Adyen alumni raise €2.6M seed to launch Silverflow, a ‘cloud-native’ card payments processor – ITPro.works

Silverflow, a Dutch startup founded by Adyen alumni, is breaking cover and announcing seed funding. The pre-launch company has spent the last two years building what it describes as a … Read More

Enhanced computer vision, sensors raise manufacturing stakes for robots as a service – ITPro.works

RaaS is defining the second generation of robots that work alongside humans Kyle S. Gibson Contributor Kyle S. Gibson is a writer and videographer in Boston, currently focused on robotics … Read More