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Metal 3D printing company Markforged announces plans to go public via SPAC

TechCrunch

Big morning for Massachusetts tech companies planning to go public via SPAC. The metal 3D printing company intends to merge with ONE, a special purpose acquisition company created by Kevin Hartz, who will join its board. The deal, which could value the additive manufacturing company at around $2.1

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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

Now, a South Korean augmented reality (AR) startup called RECON Labs , which enables e-commerce customers to create 3D models within a few hours by taking a short video of products via its platform PlicAR, has raised $4.4 Retailers can save time and costs by using PlicAR without building their own 3D modeling platform, he added.

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Hover secures $60M for 3D imaging to assess and fix properties

TechCrunch

Hover — which has built a platform that uses eight basic smartphone photos to patch together a 3D image of your home that can then be used by contractors, insurance companies and others to assess a repair, price out the job, and then order the parts to do the work — has raised $60 million in new funding.

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Havenly acquires direct-to-consumer home furnishing company The Inside

TechCrunch

Online interior design startup Havenly is acquiring direct-to-consumer home furnishing brand The Inside , the company announced on Thursday. The company’s e-commerce platform is connected to hundreds of retailers for clients to make direct purchases. The financial terms of the deal were not disclosed.

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Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways

TechCrunch

The undisclosed investment by Daimler is in addition to the $170 million that Luminar raised as part of its merger with special purpose acquisition company Gores Metropoulos Inc. Luminar will become a publicly traded company through its merger with Gores, which is expected to close in late 2020. billion SPAC merger.

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The Week’s 10 Biggest Funding Rounds: Xcimer Energy Leads The Way As Big Rounds Dry Up

Crunchbase News

based companies? The company is working on laser-driven inertial fusion and will use the funding to build a prototype laser system including what it calls the “world’s largest nonlinear optical pulse compression system.” Founded in 2023, the company has raised $135 million, per Crunchbase. million, per the company.

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With $8.4M raised, strawberry-picking robotics startup Traptic begins commercial deployment

TechCrunch

We first covered Traptic back in 2019, when it appeared as a Battlefield finalist on stage at Disrupt SF. That follows a pilot in 2020, when many agriculture companies were seeking assistance amid pandemic-related shortages. The company has raised $8.4 Traptic uses 3D vision and robotic arms to harvest ripe strawberries.

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