Israel-based Kela, which develops tech for integrating AI, sensors, and edge devices into existing military systems, raised a $28M Series A and a $11M seed
In response to the events of October 7, Kela has developed a platform for rapid integration of commercial technologies into military systems.
Aeva, founded by Apple veterans, reaches a $1B deal with Germany's Daimler Truck for self-driving sensors for trucks expected in 2027, but offers few details
Aeva Technologies (AEVA.N) on Tuesday said that it has reached a $1 billion deal with Germany's Daimler Truck (DTGGe.DE) …
Quanergy Systems, which makes lidar sensors and related software, files for Chapter 11 bankruptcy, after going public via a $175M SPAC merger in February 2022
Jeremy Hill / Bloomberg :
Amazon plans to acquire Roomba maker iRobot in a $1.7B all-cash deal; Colin Angle will remain as iRobot's CEO
Everyone's Favorite Robot Cleaning Company Financial Times : Amazon acquires Roomba maker iRobot for $1.7bn Jon Fingas / Engadget : Amazon is buying iRobot, the creator of the Roomba robot vacuum Chan...
Volkswagen's Cariad unit orders lidar sensors and software from Innoviz, worth around $4B, according to Innoviz's CEO; Innoviz already has a deal with BMW
Gabrielle Coppola / Bloomberg :
Waymo to end a two-year effort to sell lidar sensors to other companies as it rethinks strategy after failing to generate significant revenue for over a decade
Waymo to end a two-year effort to sell lidar sensors to other companies as it rethinks strategy after failing to generate significant revenue for over a decade
Alphabet Inc's (GOOGL.O) self-driving unit Waymo said on Thursday that it has ended a two-year effort to sell light detection and ranging (lidar) sensors to other companies.
Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B
US-based Valmont, which makes irrigation equipment, to buy Israel's Prospera Technologies, maker of AI-based sensors and cameras for monitoring crops, for $300M
US-based Valmont, which makes irrigation equipment, to buy Israel's Prospera Technologies, maker of AI-based sensors and cameras for monitoring crops, for $300M
Maker of AI-based sensors and cameras to help farmers monitor crops was founded in 2014, had raised $22 million from investors Source: Valmont Industries, Inc. .