Seattle, USA - Carbon Robotics, an AI-based agricultural startup, has successfully secured $70 million in Series D funding, bringing its total investment to $157 million. The company specializes in its Laser Weeder technology, which utilizes machine vision and lasers to remove weeds efficiently, increasing crop yield while reducing costs by 80% compared to traditional methods.
New York, USA - Actress Olivia Wilde has launched her own venture capital firm, Proximity Ventures, quietly establishing it late last year. The firm has already invested in four startups, including Pendulum Therapeutics, and plans to focus primarily on early-stage investments in the U.S. while also exploring opportunities in Southeast Asia.
San Francisco, USA - The startup Hummingbird has raised $5.4 million in seed funding to enhance its 'word of mouth' marketing platform, connecting small businesses with local influencers. Founded last year, Hummingbird aims to expand its services to over 20 cities across the U.S. by 2025.
Stockholm, Sweden - CoPower Ocean, a wave power generation company, has secured €32 million in investment, totaling €95 million to date. The company’s technology, which harnesses wave energy for electricity generation, is currently operational in several European locations including Scotland and Portugal.