Pudu Robotics Completes Series C2 Financing, with Nearly $155M in Total Raise from C1 and C2

1 day ago

The funding was secured within only four months after the C1 series of $78 million raised in May, the combination of C1 and C2 has raised nearly $155 million in total. The C2 round funds will be utilized for cutting-edge R&D development, new product development, new site launches, and expansion of the company’s global network.



Attack of the $200M robotic raises

The COVID-19 pandemic is anticipated to be a major acceleration point for the country, on the tail of some major manufacturing shortages that brought the world’s supply chains to a standstill. But this week’s pair of big raises point toward an adoption of automation that moves beyond manufacturing. Hai Robotics…

Bexs launches 24/7 Brazil cross-border payment solution

Brasil-based digital bank Bexs has connected its cross-border payment platform, Bexs Pay, to Pix, an instant payment system implemented by the Central Bank of Brazil (BCB). Pix allows online international businesses to offer Pix to its Brazilian customers, making the cross-border experience increasingly local. The system is based on registering (personal or corporate) payment keys, which can be emails, telephone numbers or the Brazilian social security number (CPF). According to the press release, currently, there are almost 300 million keys registered with such contactless payments tool, which is putting more traditional alternative payments methods, such as debit card, bank slips and bank transfers, into the background.


Blockdaemon secures unicorn status with $155M raise

Blockchain infrastructure developer Blockdaemon has secured its status as a crypto unicorn after concluding a $155 million Series B fundraiser, putting the company on track to expand its operational footprint in a significant way. With Series B now closed, Blockdaemon’s valuation has swelled to $1.255 billion, the company announced this…

PE-Backed Peraton Acquires ViON’s Cloud Services Business

Government IT solutions provider Peraton, backed by private equity firm Veritas Capital, has acquired ViON’s cloud services business for an undisclosed amount. This is technology M&A deal number 592 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here. The carve-out…


Warren Controls Announces ILEA 5800E Series Electrically Actuated Valves

Bethlehem, PA – Warren Controls, a leading manufacturer of control valves and specialty fluid handling products, announces its new ILEA 5800E Series of high-quality, modulating, linear, electrically actuated industrial globe control valves. Articles. Understanding Human-machine Interfaces (HMIS) The E5800 Series features bolted bonnets and cage-retained seats in rugged, high-efficiency bodies…

Gartner Research Reveals Growth for Smart Robots in Retail

Read insights on the expanding role of smart robots in retail as labor shortages persist against the backdrop of rising consumer demand. ATLANTA, Sept. 23, 2021 — A recent Gartner report details that “Retailers are scaling up smart robots to support flexibility and labor optimization in physical stores for unified commerce execution.” GreyOrange, a leading provider of modern software and systems for modern fulfillment, is featured in the report for its variety of smart robots that help retailers improve how they get products to buyers, whether through stores, distribution centers or emerging options such as localized micro fulfillment centers.

Optimizing the DTC Channel for Maximum Profits

When it comes to winning at DTC, market share and branding are important, but it all comes down to supply chain agility.With distribution channels shifting, shipping costs skyrocketing and consumer acquisition costs so competitive today, brands and retailers need to construct more nimble supply chains that work more efficiently. Even brands that aren’t digitally native are following the direct-to-consumer playbook to boost speed and agility from the first click to the last mile.But DTC is not without its challenges, especially as low barriers to entry have commoditized product and created a glut of competition.To address these issues in Sourcing Journal’s…

Power industry venture financing deals total $3bn globally in August 2021

The $1.59bn venture financing of SVOLT Energy Technology was the power industry’s top venture financing deal as total deals worth $3bn were announced globally in August 2021, according to GlobalData’s deals database. The value marked an increase of 39.3% over the previous month of $2.14bn and a rise of 314%…



Robotic farming firm Iron Ox raises $53M

Iron Ox is one of a large number of companies looking to revolutionize farming for the 21st century, amid growing concerns over population growth, climate change, labor shortages and a slew of other mounting concerns. Solutions range from large-scale indoor farms to field robotics designed for a more plug and play approach that operates with a more traditional setup.


It turns out fintech is worth as much as SaaS

On the heels of Boston-based software-and-payments company Toast’s strong IPO pricing, Remitly priced shares in its own debut above its proposed range yesterday evening. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece. The company had previously targeted a $42 per-share max price for its IPO equity.

InOrbit Launches Free Edition to Democratize Robot Operations

Cloud-based software lets robot companies and those deploying robot fleets better manage and orchestrate their robots from anywhere in the world. MOUNTAIN VIEW, Calif. – SEPT. 23, 2021 – InOrbit, the leading provider of cloud-based robot operations (RobOps) software, today announced the launch of a Free Edition of the platform, allowing companies to manage an unlimited number of robots for free forever. This solution helps robot developers and operations teams scale their robot fleets while focusing on their unique differentiators. Interested users can sign up for free now by visiting the InOrbit website at

First-Ever Solana’s Permissioned DEX Unveiled by Solrise Finance and Civic Technologies: Details

Solrise Finance and Civic Technologies unveil a solution that will change the game in Solana-based fundraising for both individuals and VC funds. Permissioned DEX launches on Solana’s Project Serum. According to the press release shared with U.Today, leading Solana-centric investing platform Solrise Finance ( has launched a permissioned decentralized exchange…

LaunchPoint propelling future of electric-powered flight

A team of high-level engineers and business executives in Goleta have combined forces to propel the future of electric-powered flight.The post LaunchPoint propelling future of electric-powered flight appeared first on NewsChannel 3-12.

Open Banking Firm Vyne Completes $15.5M Seed Round

Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at $15.5 million, according to a Crowdfund Insider report. The company is processing millions of pounds in transactions every month at a growth rate of about…

Kinetix Takes Startup Challenge Top Prize as Experts Discuss Virtual Production at Zinemaldia & Technology

French software company Kinetix took home the €10,000 ($11,800) Startup Challenge prize from this year’s San Sebastian Zinemaldia & Technology sidebar, held at and in partnership with the Tabakalera, an international center of contemporary culture and technology based in the Spanish city.In addition to the cash prize, the company is offered space in an incubator for a year at one of the Basque Technology Park Network’s BICs (Business Innovation Centers) as well as access to funding of up to €500,000 ($590,000) for development.Kinetix has developed a set of AI-powered tools that offer 3D animators new methods to speed up the…

Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures. Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups.

GROB Systems to Showcase 5-Axis Universal Machining Centers at Amerimold 2021

Bluffton, OH – GROB Systems, a global leader in the development of manufacturing systems and machine tools, announces it will showcase its 5-axis universal machining centers at Amerimold, a tradeshow taking place at the Donald E. Stephens Convention Center in Rosemont, IL, from September 21-23, 2021. GROB experts will be at booth #715 to discuss how the company’s state-of-the-art machines, combined with the latest machining processes, can increase production efficiency.


Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button