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Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines
Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam’s total funding to $87 million. The latest funding will enable Viam to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.
Viam is a fully modular, interoperable, and open source software solution that works seamlessly across all hardware and any fleet of machines. Its open architecture removes costly and complex barriers to working with physical devices, in order to speed developer velocity, democratize access to open data to inform AI, and accelerate innovation in critical sectors such as industrial manufacturing, energy, and climate.
Transmutex SA, a Geneva-based company, raises over CHF 20 million in an extension of its Series A to further develop and commercialize its subcritical nuclear energy system
Transmutex SA, a nuclear engineering company based in Geneva, Switzerland, announces a new round of financing to further develop its solution for a safer, lower-cost, proliferation-resistant nuclear energy technology. The Series A2 round is co-led by Union Square Ventures and Steel Atlas.
Founded on 29 July 2019, Transmutex is reinventing nuclear energy with the design of a safer, non-self-sustaining reaction technology that will usher in a new era of lower-cost and proliferation-resistant, carbon-free baseload energy. Coupling a particle accelerator to a non-self-sustaining (subcritical) fuel assembly has several key benefits over self-sustaining nuclear energy solutions.
Anthro Raises $7.2M in Seed Funding to Shape the Future of Energy Storage
Anthro Energy, Inc., an advanced battery technology company, today announced the closing of an oversubscribed $7.2M seed round. Union Square Ventures and Energy Revolution Ventures co-led the financing, with participation from Voyager Ventures, Emerson Collective, Nor’Easter Ventures, Ultratech Capital Partners, and the Stanford President’s Venture Fund. The capital will accelerate the commercialization of Anthro’s core battery technology platform for applications ranging from wearables to mobility and beyond.
Anthro currently utilizes its core polymer technology in its line of flexible battery products. These flexible batteries can be integrated into ‘dead space’ of devices such as straps, bands, and substrates to create 2-5 fold improvements in run time and functionality. The initial markets for flexible batteries include wearables and medical devices, where today’s batteries throttle device performance and create bulky, uncomfortable experiences for the user. Anthro is currently providing prototypes to several partners developing a wide range of wearable products.