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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. Another company competing in the increasingly saturated segment is Sima.ai , which is developing a system-on-chip platform for AI applications — particularly computer vision applications.

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Superblocks secures $37M to help companies build and maintain internal apps

TechCrunch

It’s particularly put the microscope on developers where it concerns efficiency. ” A decent chunk of developers’ time is spent on internal tooling, including building admin dashboards, report-generating systems and data pipelines. “Superblocks is an accelerant for building internal apps.”

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Bond Pet Foods enters meat proteins phase with $17.5M Series A

TechCrunch

Last November, Bond kicked this off by announcing a partnership with Hill’s Pet Nutrition to develop a craft meat protein for its product portfolio. We’re really accelerating our process development work to bring down the cost of goods as well as making some fast work of our strain engineering.”.

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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

“Booz Allen Ventures allows us to actively bridge the gap between opportunity and capability and accelerate the services-to-solutions transformation.” It’ll be incumbent on Booz Allen Ventures to show that it’s not looking to snuff out or absorb startups for the benefit of its corporate parent.

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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

Startups are a Sustainability Accelerant: Unlike industry incumbents with slower, more outdated frameworks, startups often build with sustainability at the forefront of their business?—?even To bridge the gap, Sparkcharge developed its mobile charging service to blanket cities with energy regardless of zip code.

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Virtual social network IMVU raises $35M from China’s NetEase and others

TechCrunch

The line between social networking and gaming is increasingly blurring , and internet incumbents are taking notice. The fresh investment will be used to fund IMVU’s product development and comes fresh off a restructuring at the company. The company declined to disclose its post-money valuation.

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Lowercarbon Capital and Gradient Ventures Invest $9M in Quilt for Advanced Residential Heat Pump System

American Entrepreneurship

Quilt has developed a highly efficient electric heat pump system that is controlled through a first-of-its-kind integrated software platform. However, most heat pump systems today are more difficult to use than their more mature fossil incumbents. We’re developing heat pumps that are better than any HVAC system of any kind.

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