Funding

Bedrock Robotics • Unknown

Bedrock Robotics, focused on autonomous excavators, has secured $600M in new funding, bringing its valuation to $4.1 billion. The investment addresses a growing shortage of skilled operators in the industry.

Hypersphere Technology • Angel

Shenzhen-based AI startup Hypersphere Technology has raised hundreds of millions of RMB in angel funding. Investors include Legend Capital, CAS Star, SenseTime Guoxiang Capital, and WestSummit Capital.

Magic Vision • Unknown

Italian deeptech startup Magic Vision has raised €600,000 in funding to support the development and commercialisation of its AI-powered monitoring technology for older people and vulnerable individuals.

Cohere • Unknown

Cohere Inc., an AI model maker based in Canada, has completed the first close of a funding round expected to total up to $5 billion, with the Canadian government agreeing to invest up to $1.14 billion. The round values the company at $20.5 billion.