Goldman Sachs supports Simbe's $50 million round to scale up autonomous retail robotics
Simba Robotics, a company that develops autonomous robots for use in retail to improve inventory management and customer service, has recently received $50 million in Series C funding. This funding was provided by Goldman Sachs Growth Equity, with additional investments from Eclipse and Valar Ventures. As a result, the total amount of funding for Simba will exceed $100 million.
The new capital will be used to expand Simba's retail automation solutions globally. With this investment, the company aims to continue its mission of providing innovative solutions to help retailers optimize their operations and enhance customer experience.
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Resurge Growth Partners launches €120M venture equity vehicle to back European scaleups
The company was founded by Orden Peleg, a former managing director of Oaktree Capital Management and the former CEO of Fitness First, an international gym chain. He was joined by Eyal Malinger as a co-founder. Eyal was a former partner at Beringea and a vice president at Oaktree Capital.
Resurge's mission is to work with companies that have grown out of the venture capital model but are still too
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Waymo has closed a $5.6 billion funding round as the race for robotaxis heats up in the US
Who has completed a $5.6 billion funding round to expand their service, operating in Los Angeles, San Francisco, Phoenix and beyond. The autonomous vehicle manufacturing facility is owned by Alphabet, Google's parent company, which invested in Waymo with Series C funds, along with earlier investors including Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price.