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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

Marketing 234
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Streetlogic launches computer vision-based e-bike collision warning system, raises $2.1M

TechCrunch

Canada and Europe can pre-order Streetlogic’s advanced driver assistance system (ADAS) for e-bikes with a down payment of $30. The final retail price will be around $300 to $400, and the first batch of mass produced systems is expected for delivery by the end of 2022, according to Jonathan Denby, CEO and founder of Streetlogic.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Latch, an enterprise SaaS company that makes keyless-entry systems, has raised $152 million in private capital, according to Crunchbase. Sunlight Financial, which offers point-of-sale financing for residential solar systems, has raised north of $700 million in venture capital, private equity and debt. from 2019 to 2020.

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Computer vision technology startup Brodmann17 has shut down

TechCrunch

The trio focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems. Computer vision systems are considered a critical component to automated driving features. Brodmann17 raised $11 million in a Series A round back in 2019 that was led by OurCrowd.

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Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

TechCrunch

Tiger Global’s latest investment in India is Vecmocon , a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Some have even caught fire in the recent past.

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Morpheus Space’s satellite thrusters are propelled forward with a $28M Series A

TechCrunch

The booming satellite industry has been a boon for Morpheus Space , which produces a modular, electric propulsion system for small satellites. Because the system is modular, NanoFEEP thrusters can be combined to create more powerful propulsion systems to meet the needs of a specific satellite.

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Automata expands its lab automation ambitions with $50M B round

TechCrunch

The world’s labs are under pressure to do more tests and process more materials, not just due to COVID but from the growing biotech and drug development sectors — and automation is the sure path forwards. When we last talked with Automata in 2019 , the company had just raised a $7.4M and wider European markets.

Hardware 216