Emerging Technology (ET)

Screening Eagle Technologies (SET), a cloud-based technology platform connecting sensors, software, and data for intelligent inspection of assets and infrastructure, is pleased to announce it has raised CHF 55 million in its first institutional round of equity funding.

EDBI’s Head of Emerging Technology, Dr Basil Lui on Panel: Investors Perspectives on Autonomous Mobility.

CAMBRIDGE, MASS. – August 6, 2019 — Inari, the next-generation seed company, today announced the closing of its $89 million Series C financing, bringing the company’s total funding to date to $144 million.

Delphi Automotive Plc (https://www.dealstreetasia.com/?s=Delphi+Automotive+Plc) has decided to acquire Boston-based nuTonomy Inc (https://www.dealstreetasia.com/?s=nuTonomy+Inc), a self-driving car startup, for a total of $450 million.

DALLAS, July 11, 2018 /PRNewswire/ — AT&T* is announcing a strategic, exclusive U.S. consumer relationship and investment with Magic Leap, developer of proprietary spatial computing and experiential platforms. The agreement combines Magic Leap’s focus on transformational technology and products with AT&T’s innovative network and distribution to usher in a new kind of contextually aware, intelligent, human-computer interactivity.

SAN DIEGO — (BUSINESS WIRE) — Brain Corp, an AI company specializing in the development of self-driving technology for robots, today announced its investment in Savioke, developer of Relay, the first indoor service robot that works safely, securely and reliably in public environments including hotels and hospitals.

(Reuters) – Magic Leap, a secretive startup working in the augmented reality space, said on Wednesday it raised $461 million in its latest funding round, led by the Kingdom of Saudi Arabia’s sovereign investment arm.

SANTA CRUZ, Calif. – February 1, 2018 – Joby Aviation announced it has secured $100M in Series B financing to take its all-electric vertical take-off and landing (eVTOL) passenger aircraft into pre-production and certification.

Rony Abovitz has been dreaming about a new way of seeing the world since he started Magic Leap in 2011. He raised $1.9 billion in funding, but he stayed quiet about what the company was going to do. Today, he unveiled the Magic Leap One AR goggles for the first time. AR is expected to be a multibillion market, with support from Google and Apple, but Magic Leap is the company that is throwing the most money and people at the challenge today.

Room service robot Aura has helped hotel M Social Singapore land two awards from International Data Corporation (IDC) Asia Pacific.