Entries by Tony Chao

U.S. silicon photonics chip startup Ayar Labs gets AI funding boost

Silicon Valley chip startup Ayar Labs raised another $25 million after its latest funding round closed, as demand has increased for faster, more energy-efficient computing for artificial intelligence applications, the company said on Wednesday. The funding will be used to accelerate commercialization of Ayar Labs’ silicon photonics technology, which uses light instead of electricity to […]

Tendo Secures Seed Funding

Tendo Technologies Inc., a leading innovator in flow sensing technology, announced today that it has secured seed funding from Rhapsody Venture Partners and Tyche Partners, two prominent investors in the hard tech space. With this funding, Tendo Technologies will expand the application breadth and the commercial availability of its proprietary flow sensing technology, which delivers […]

Plus One raises $50M for its parcel robotics vision systems

Another industrial automation firm is bucking VC slowdown, as Plus One Robotics this morning announces a $50 million raise. The Series C brings the San Antonio-based firm’s total funding up to $94 million to date (including a $33 million Series B back in 2021). Scale Venture Partners led the round, which also features participation from Top Tier Capital Partners, […]

Merck Animal Health to Acquire Vence

Vence is a natural fit with Merck Animal Health’s growing portfolio of animal intelligence products that include identification, traceability and monitoring products. This new technology will give cow-calf producers the ability to track their cattle and the ability to move them from pasture to pasture.

AEye to Trade on Nasdaq as “LIDR”

AEye, Inc. (“AEye”), the global leader in adaptive, high-performance LiDAR solutions, announced today the completion of its business combination (the “Business Combination”) with CF Finance Acquisition Corp. III (Nasdaq: CFAC) (“CF III”), a special purpose acquisition company sponsored by Cantor Fitzgerald. The combined company will retain the AEye, Inc. name and is expected to commence […]

Desktop Metal Begins Trading under the Ticker Symbol “DM”

Desktop Metal Completes Its Business Combination with Trine Acquisition Corp. as Trading Begins Today on the NYSE under the Ticker Symbol “DM” Desktop Metal and Trine Acquisition Corp. (NYSE: TRNE), a special purpose acquisition company, today announced they have completed their business combination; the combined company begins trading on the NYSE under the ticker symbol […]

Continental Expands LiDAR Technology Portfolio by Investing in Robotic Vision and Sensing Pioneer AEye

Continental Expands LiDAR Technology Portfolio by Investing in Robotic Vision and Sensing Pioneer AEye Continental has signed an agreement for a minority investment in California-based LiDAR pioneer AEye Both companies are jointly developing a high-performance long-range LiDAR sensor based on AEye’s patented 1550nm agile architecture that utilizes a novel advanced micro MEMS technology Aim is […]

LightForce Orthodontics Raises $14M Series B To Correct Smiles With 3D Braces

LightForce Orthodontics secured a $14 million Series B round of funding to continue developing its customizable 3D-printed bracket system aka braces. Tyche Partners led the investment with follow-on investment from Matrix Partners and AM Ventures. Since its founding in 2015 by Dr. Alfred Griffin III, the Boston-based company has raised a total of $20.5 million. […]