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

TechCrunch

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. “The appointment of Lip-Bu Tan as the newest member of Sima.ai’s board of directors is a strategic milestone for the company. . billion by 2025.

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Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

TechCrunch

The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. Co-founders Allison Campbell and Sebastian Monroy started the company in 2018 and say Zubale means “jump on board or rise up” in Spanish.

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Avataar raises $45 million to improve consumer shopping experience with life-sized 3D product evaluation

TechCrunch

From left to right: Mayank Tiwari (CBO), Sravanth Aluru (CEO), Prashanth Aluru (Board Director), Gaurav Baid (CPO). By 2025, nearly 75% of the global population and almost all people who use social and communication apps will be frequent AR users, said Snap in a recent report, for which it collaborated with Deloitte. Avataar.me

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ConverseNow is targeting restaurant drive-thrus with new $15M round

TechCrunch

As part of the investment, Bryan Rosenblatt, partner at Craft Ventures, is joining the company’s board of directors, and said in a written statement that “post-pandemic, quick-service restaurants are primed for digital transformation, and we see a unique opportunity for ConverseNow to become a driving force in the space.”.

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How Startups Can Successfully Turn Their Existing Product into a New Offering

StartupNation

While companies across the globe were forced to lay off staff and cut expenditures when the crisis hit, many missed an opportunity to creatively augment or repurpose their existing offerings to serve a new audience and solve a new problem. This will also make it easier to get the rest of your team on board and embrace this new direction.

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Virtual meeting platform Vowel raises $13.5M, aims to cure meeting fatigue

TechCrunch

As we now go back to hybrid work, we see this as an opportunity.”. Users can add notes and see where those notes fall within a real-time transcription that enables people who arrive late or could not make the meeting to catch up easily. The new funding will enable the company to grow its team in product, design and engineering.

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Newsletter: Zoom’s seed investor + New fuel for electric cars

OurCrowd

Three of those companies are already in the OurCrowd portfolio and we are pleased to offer investors the chance to participate as we join this $35M Round E led by GSR Capital, enabling VisIC to scale its business to address a huge global market. A rare opportunity to hear from three leaders of the digital retail revolution. Learn More.