aurora innovation Self-Driving Startup Aurora Reaches $2B Valuation in Massive Funding Round Aurora Innovation is raising over $500 million at a $2 billion valuation, propelled by a star-studded team and major automaker partnerships. The funding highlights a record-breaking year for autonomous vehicle investments.
venture capital Venture Capitalists Kick Off the New Year With Billions in Fresh Funds Venture capital firms start 2019 by filing SEC paperwork for massive new funds, while major rounds flow to Niantic, Indian startups, and supersonic travel.
mary meeker Mary Meeker Targets $1.25B for Debut Fund Called Bond Famed venture capitalist Mary Meeker launches her new independent firm called Bond and targets $1.25 billion for a debut growth fund.
usv Union Square Ventures Raises Nearly $429M for Two 2019-Vintage VC Funds Union Square Ventures raises nearly $429 million for two new 2019-vintage venture funds, marking the largest fundraising total in the firm's history.
lightspeed china Lightspeed China Partners Seeks $560M for Two New VC Funds Lightspeed China Partners files SEC paperwork to raise $560 million for two new venture capital funds.
sensetime Chinese AI Firm SenseTime Reaches $4.5 Billion Valuation After Massive Funding Round SenseTime secures $620 million in new funding, pushing its total capital past $1.6 billion. The highly profitable image recognition start-up plans to use the funds for research, talent acquisition, and smart city development.
artificial intelligence Chinese AI Firm SenseTime Breaks Industry Funding Record With $600M Raise SenseTime secures $600 million in a Series C round led by Alibaba, setting a new venture capital record for the artificial intelligence sector. The company plans to use the funds to expand its global AI platform and develop new industrial applications.
ai Venture Capitalists Target Edge AI and Specialized Hardware for 2018 Investors are shifting their focus away from core machine learning tools and toward applications that bring AI to the edge and specialized hardware.