Category Archives: Artificial Intelligence

Subterranean drone mapping startup Emesent raises $2.5M to autonomously delve the deep

Seemingly every industry is finding ways to use drones in some way or another, but deep underground it’s a different story. In the confines of a mine or pipeline, with no GPS and little or no light, off-the-shelf drones are helpless — but an Australian startup called Emesent is giving them the spatial awareness and intelligence to navigate and map those spaces autonomously. Drones that work underground or in areas otherwise inaccessible by GPS and other common navigation techniques are being made possible by a confluence of […]

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Dynamic Yield, which builds Amazon-like personalisation for the rest of us, raises $38M

Amazon, one of the world’s largest companies, has transformed the face of commerce in part because it has managed at once to be “The Everything Store” but still with a route into its sea of products that, for most users, surfaces what they might most want to see (and importantly buy or consume). That kind of personalisation has become a goal not just for e-commerce companies, but for any organization running a digital business: users are constantly distracted, and when their attention is caught, they do not […]

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MyPart finds that next def jam

Picture it: you have the perfect song for Kelly Clarkson. It’s a mix of genres and styles best described as “Since U Been Gone” meets “911 Is A Joke.” How do you get it in front of Kelly so she can add it to her next album (imagine her singing “My heart is on fire when you’re not there/But the Austin fire department doesn’t care”)? You talk to MyPart. MyPart lets aspiring creators and musicians submit stuff to their favorite artists. A vetting system separates the hits […]

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Spoke enhances AI engine to power help desk ticketing system

Spoke, a startup that wants to simplify the way companies add and process help desk tickets using artificial intelligence underpinnings, announced it has enhanced its AI engine to allow for more complex queries. The company founders were working at Google after a previous startup had been sold to the search giant when they encountered a problem with help desk ticket processing. It was spread across different tools and generally was more complicated than they thought it needed to be. Like all good entrepreneurs, when they left Google […]

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Bright Machines lands $179M to bring smarter robotics to manufacturing

Robotics has had a role in manufacturing since the 1970s, but even today they are aren’t often driven by the latest software. Bright Machines, a San Francisco startup wants to change that and it got a whopping $179 million Series A today to get this thing going. While it was at it, it also officially launched the company. The startup wants to bring a software-driven approach to robotics, one that would let you take dumb robotics and program it in a more automated fashion to perform a […]

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Paperspace scores $13M investment for AI-fueled application development platform

Paperspace wants to help developers build artificial intelligence and machine learning applications with a software/hardware development platform powered by GPUs and other powerful chips. Today, the Winter 2015 Y Combinator grads announced a $13 million Series A. Battery Ventures led the round with participation from SineWave Ventures, Intel Capital and Sorenson Ventures. Existing investor Initialized Capital also participated. Today’s investment brings the total amount to $19 million raised. Dharmesh Thakker, a general partner with Battery Ventures sees Paperspace as being in the right place at the time. […]

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TravelPerk grabs $44M to take its pain-free SaaS for business travel global

Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the administrative tedium of arranging and expensing work trips. Today the founders’ smiles are firmly back in place: TravelPerk has announced a $44 million Series C to keep stoking growth that’s seen it grow from around 20 customers two years ago to approaching 1,500 now. The business itself was only founded at the start of 2015. Investors […]

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CommonSense Robotics’ first automated fulfillment center is now live

Israeli startup CommonSense Robotics is launching its first automated micro-fulfillment center in Tel Aviv. It’s a tiny 6,000 square feet warehouse that is packed from ground to ceiling with products. Robots do the heavy lifting when it comes to getting items ready to dispatch. TechCrunch shot a video os CommonSense Robotics’ test fulfillment center. Today’s new warehouse is much bigger than that, but still much smaller than an Amazon warehouse. The company’s first client is Superpharm, Isarel’s largest drug store chain. The startup wants to convince grocery […]

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Machinify raises $10 million to help businesses use AI to monetize data

Data is valuable — if you know how to access it and reap the insights from it. That’s where Machinify comes in. The artificial intelligence company just raised a $10 million Series A round led by Battery Ventures with participation from GV and Matrix Partners. “Our core notion is that today, enterprises are collecting a ton of data,” Machinify founder and CEO Prasanna Ganesan told TechCrunch. “But if you look at how many of them are successful in turning it into smarter decision-making to drive efficiency, very few […]

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RankScience closes $1.8M seed — and now only wants to replace human SEO staff if you don’t have any

A couple of years ago YC-backed RankScience, which offers AI-enhanced SEO split-testing, put a few SEO experts’ noses out of joint when the fledgling startup brashly talked about replacing human expertise with automation. Two years on its pitch has mellowed, with the team saying their self-service platform is “augmenting human SEO ability rather than replacing them”. The startup has also — finally — closed a seed round, announcing $1.8M led by Initialized Capital, along with Adam D’Angelo, Michael Seibel, BoxGroup, Liquid2 Ventures, FundersClub, and Jenny 8 Lee […]

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