News

Pudu Technology raises over $15 million for ‘contact-free’ autonomous delivery robots

Shenzhen-based robotics R&D startup Pudu Technology today announced an over $ 15 million round. The company claims over 2,000 hotel, restaurant, and hospital customers — including Sheraton and JD.com — across 20 countries. It will use the funds to develop new products, expand sales, and explore markets overseas. The pandemic has accelerated the demand for […]

Entrepreneurs

When These Entrepreneurs First Pitched Podium, A VC Analyst Walked Out On Them. Now, Their Company Does Over $100 Million In Annual Revenue

Podium co-founders Eric Rea and Dennis Steele Kiln Coworking Space Before Eric Rea and Dennis Steele co-founded Podium, they were just two guys with a mission to help small businesses have meaningful interactions with their customers. Just six years later, Podium has become a company that does over $ 100 million in annual revenue, reaches […]

Tips

Hi Marley raises $8 million for its AI messaging platform that connects insurers with customers

Hi Marley, a startup developing an AI messaging platform for insurers, today announced it has raised $ 8 million. The company says it will put the funds toward hiring, including expanding its engineering and customer-facing teams, as it continues to build out APIs and partnerships. Studies show customers prefer text messaging to alternatives like emailing […]

News

Elementary Robotics raises $12.7 million to automate industrial inspections

Elementary Robotics, a robotics company developing tools to automate industrial tasks, today announced it has raised a $ 12.7 million round. The fresh capital will be used to deploy the Los Angeles-based startup’s automation products at scale, a spokesperson told VentureBeat. McKinsey pegs the automation potential for production occupations at 79%, and the pandemic is […]

News

Autonomous forklift developer Third Wave emerges from stealth with $15 million

Third Wave Automation, a startup developing autonomous forklift technology, today emerged from stealth with $ 15 million in equity financing. CEO and cofounder Arshan Poursohi says the proceeds will accelerate its go-to-market efforts as the company signs on undisclosed customers. The COVID-19 crisis — and corresponding rise in online shopping — threatens to push supply […]