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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities. “I founded Sima.ai

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Bringing the Mediterranean Way to the Masses

Revolution

Our partnership with CAVA began in 2015, when the Mediterranean fast-casual chain had just a dozen locations in D.C., That commitment to culture has overwhelmingly paid off, with pillars like above-standard wages and ample career opportunities translating into less churn, more continuity, and a galvanized team. Maryland, and Virginia.

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Why Convoy’s Dan Lewis expects digital freight to go mainstream within the year

TechCrunch

But when he was struck by the urge to start a company, he researched the money-attracting industries of the world, and then, using AngelList, saw how many companies were trying to disrupt those industries. “I saw a massive opportunity and few people going after it,” Lewis told TechCrunch. . Is that still a good method?

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Seadronix aims to reduce marine accidents at port and sea with AI

TechCrunch

Seadronix says some smart ports across the globe have adopted innovative technologies ; for example, Port of Rotterdam in the Netherlands, Port of Hamburg in Germany and Port of Singapore, but that generally, the traditional shipping industry is conservative and resistant to change, meaning it’s therefore ripe for disruption.

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Rad Power Bikes raises $150 million as electric bike sales boom

TechCrunch

Electric bike sales boomed in 2020, a phenomenon driven by the COVID-19 pandemic and the disruption it delivered consumers’ daily lives. That changed in 2015, after Rad Power founder and CEO Mike Radenbaugh teamed up with friend Ty Collins and relaunched as a direct-to-consumer business.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

Supply chain disruptions — triggered by factors including demand surges, high transportation costs and pandemic-related lockdowns — are expected to continue well into next year, experts predict. “[The latest investment] is primarily going to be used for land-grab and expansion opportunities,” Komoni said.

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Liminal Raises $17.5 Million in Series A2 Funding to Catalyze Production of Safe, Reliable, High-Quality EV Batteries

American Entrepreneurship

This syndicate demonstrates significant and accelerating progress towards our goal of facilitating a clean energy future.” Northvolt’s intention is to accelerate the transition to a sustainable and electrified society. ArcTern Partner and U.S. Department of Energy C3E award winner Mira Inbar will join Liminal’s Board of Directors.

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