funding rounds

Haptx Raises $12 Million in Funding for Sensor-Packed Glove

Haptx Raises $12 Million in Funding for Sensor-Packed Glove

Seattle-based startup Haptx has announced it has secured another $12 million in funding to further develop its glove hardware. This round of funding — which brings the total amount raised by Haptx thus far to $19 million — came from Mason Avenue Investments, Taylor Frigon Capital Partners, Upheaval Investments, Votiv Capital, Keiretsu Forum, Keiretsu Capital, NetEase and Amit Kapur of Dawn…

Wearable Mind-Controlled UI Startup Raises $6M in Series A

Wearable Mind-Controlled UI Startup Raises $6M in Series A

Neurotechnology specialist Neurable has raised $6 million in a Series A funding round. Based in Boston, the company has focused on developing wearable EEG technology designed to let users interact with software using only their minds. Neurable first demonstrated this technology in an application involving a Virtual Reality games, a collaboration with Red Bull that…

Hugging Face Raises $15 Million to Expand Natural Language Processing Library

Hugging Face Raises $15 Million to Expand Natural Language Processing Library

Natural language processing company (NLP) Hugging Face has announced it raised $15 million in funding in a round led by Lux Capital, and with participation from A.Capital, Betaworks, Richard Socher, Greg Brockman, and NBA star Kevin Durant. Hugging Face originally launched a chatbot app back in 2017 that allowed users to generate a digital friend…

Yoti Eyes Global Expansion with £8 Million in Equity Funding

Yoti Eyes Global Expansion with £8 Million in Equity Funding

Yoti has secured £8 million in new equity investment in the company’s third successful funding round since its debut in 2017. The new funds will be invested in product development and expansion as the company searches for new partners. “Over the past few years we have invested about £65 million to develop our privacy-preserving identity…

AI Specialist Megvii Raises $750 Million in Latest Funding Round

AI Specialist Megvii Raises $750 Million in Latest Funding Round

Hong Kong-based AI specialist Megvii has raised $750 million through its latest funding round, the company has announced. The news comes after Megvii raised $600 million in an investment round last year, and amid speculation that the company is planning an IPO. It’s now valued at a little over $4 billion. The announcement also comes…

Alcatraz AI Rakes-in $6 Million in Funding Round

Alcatraz AI Rakes-in $6 Million in Funding Round

“Alcatraz AI has indicated that it will use its new capital to further refine its computer vision technology…” Alcatraz AI, a biometric AI startup founded by a former Apple engineer, has brought in $6 million in venture capital through a new funding round. The company specializes in 3D facial recognition for access control. It was…

Computer Vision Startup Takes $4M in Series-A Funding Round

Computer Vision Startup Takes $4M in Series-A Funding Round

“The platform’s tools will allow for the development of computer vision systems that can detect, classify, count, and track objects, and that can perform facial recognition.” San Diego-based computer vision startup AlwaysAI has brought in $4 million in funding through a series-A investment round, the company has announced. The round was led by BRV, a…

Qualcomm to Focus on AI with New $100M Investment Fund

Qualcomm to Focus on AI with New $100M Investment Fund

“In addition to other applications, Qualcomm’s new AI investment fund could help to shore up the company’s capabilities in biometric identification and authentication.” Qualcomm has announced a new $100 million investment fund. Aptly called the Qualcomm Ventures AI Fund, it’s kicking off with a series-A investment in AnyVision, an Israel-based computer vision specialist that previously…

Acceptto Emerges From Stealth Mode, Launches Cognitive Authentication Platform

Acceptto Emerges From Stealth Mode, Launches Cognitive Authentication Platform

“The Cognitive Authentication platform powers a specific Single Sign-On solution called “It’sMe”, which is designed to operate across mobile devices, web browsers, and enterprise applications.” Portland-based authentication startup Acceptto has officially launched, announcing its new Cognitive Authentication platform. The company says that its platform is based on machine learning, and that it’s designed to replace…

China’s Airbnb Rival Looking Into Face-Scanning Smart Home Tech

China’s Airbnb Rival Looking Into Face-Scanning Smart Home Tech

Xiaozhu, an Airbnb-like service based in China, has announced that it has brought in $300 million in its latest financing round, and will use part of the capital influx to develop smart home technology, which could involve biometrics. The funding round was led by Advantech Capital and Yunfeng Capital, a venture capital firm backed by…

Human Behavior-Focused AI Startup Gets $10M in Funding Round Led by Microsoft’s M12

Human Behavior-Focused AI Startup Gets $10M in Funding Round Led by Microsoft’s M12

TwentyBN, an AI startup with offices in Berlin and Toronto, has announced that it just brought in $10 million through a funding round led by M12, Microsoft’s venture capital fund. As VentureBeat reports, the startup is focused on computer vision technology designed to interpret human actions. TwentyBN has been training its AI technology on a…