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.
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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.
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BETA Technologies raises $318 million in Series C funding
QIA spearheaded the fundraising, and several of BETA's most significant investors, including Fidelity Management & Research Company and TPG Rise Climate, increased their stake in BETA. United Therapeutics, a long-standing customer, also joined this round as an investor. The financing round was priced at a higher valuation compared to previous equity capital raises and was significantly oversub