Weekly Tech Pulse
From Sam Altman-backed Coco Robotics raising $80M & Gecko Robotics raising $125 million, to Rezolve.ai reporting $70 million in annual recurring revenue.
US & International Startup & Tech News
Sam Altman-backed Coco Robotics raises $80M
Coco Robotics, a startup focused on sidewalk delivery robots, raised $80 million in funding with backing from Sam Altman. The company plans to use the funds to expand its fleet and improve operations, targeting food and retail deliveries in urban areas. This move highlights growing investor interest in last-mile logistics automation.
Source: TechCrunch
Databricks says annualized revenue to reach $3.7 billion by next month
Databricks announced it expects its annual recurring revenue to hit $3.7 billion by July 2025. The data and AI company continues rapid growth, driven by strong enterprise demand for its unified analytics platform. CEO Ali Ghodsi also teased more AI features coming soon.
Source: Cnbc
How AI sales startup Landbase nabbed Ashton Kutcher’s Sound Ventures to lead its $30M Series A
Landbase, an AI startup aiming to streamline B2B sales, secured $30 million in Series A funding led by Ashton Kutcher’s Sound Ventures. The company leverages AI to optimize lead generation and sales strategies. Its appeal lies in reducing inefficiencies in enterprise sales processes.
Source: TechCrunch
Gecko Robotics raises $125 million, surpassing billion-dollar valuation
Gecko Robotics, known for its industrial inspection robots, raised $125 million in new funding, pushing its valuation above $1 billion. The company’s tech helps monitor infrastructure such as power plants and military assets. It aims to expand globally with this latest capital.
Source: Cnbc
Multiverse Computing raises $215M for tech that could radically slim AI costs
Spanish-Canadian company Multiverse Computing has raised $215 million to enhance quantum-inspired software aimed at reducing the high costs of AI computation. Their tech can run on existing hardware, offering a scalable alternative to expensive AI infrastructure. The round was led by investors betting on cost-efficient AI evolution.
Source: TechCrunch
LATAM Startup & Tech News
Xepelin signs 300 million pesos agreement with BBVA Spark
Chilean fintech Xepelin has signed a 300 million pesos financing agreement with BBVA Spark to boost financial services for SMEs. The funds will support real-time payment solutions and working capital loans. This marks a strategic alliance to empower small businesses in Mexico.
Source: BBVA
Rezolve.ai reports $70 million in annual recurring revenue
Rezolve.ai, an AI-based employee support platform with Latin American operations, announced it has reached $70 million in annual recurring revenue. The growth is driven by adoption in enterprise environments looking to streamline HR and IT services. The company is expanding its AI automation solutions across multiple sectors.
Source: Investing.com
BioNTech to acquire CureVac for $1.25 billion to strengthen cancer portfolio
German biotech giant BioNTech will acquire CureVac for $1.25 billion to expand its oncology product pipeline. The acquisition includes access to CureVac's mRNA technology and early-stage cancer therapies. It’s a strategic move to reinforce BioNTech’s leadership in personalized cancer treatment.
Source: El Economista
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