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Funding News
The Robot Report
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Beep launches fully autonomous public transit system in Florida
- Beep Inc. is set to launch NAVI (Neighborhood Autonomous Vehicle Innovation), a fully autonomous public transit system, in Jacksonville, Fla., using a fleet of 14 autonomous Ford E-Transit vehicles integrated with Oxa’s automated driving system as part of the Ultimate Urban Circulator program.
- Beep's technology will enable vehicle deployment and command-center operations from the Jacksonville Transportation Authority’s new Autonomous Innovation Center, aiming to increase efficiency, safety, and access to various destinations for riders.
- Beep closed a $52.7 million funding round, plans to develop new pilot programs, and appointed Kevin Reid as the new CEO, focusing on shuttle deployments and managing 38 deployments across nine states.
- Beep's partnership with Oxa aims to bring the Oxa Driver software platform to autonomous vehicles in the U.S., enabling safe self-driving in any environment, following previous collaborations like the self-driving shuttle pilot at Daniel K. Inouye International Airport.
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TechCrunch
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Image Credit: TechCrunch
What comes after Twitter and Meta? The founders of 01A share their playbook at TechCrunch Disrupt 2025
- TechCrunch Disrupt 2025 is hosting an exclusive fireside chat featuring Adam Bain, Dick Costolo, and David Fischer from 01 Advisors.
- The founders, formerly associated with Twitter and Meta, will share their insights on building, scaling, and funding startups in the current tech environment.
- They will discuss their experiences in transforming Twitter and Meta, scaling revenue, and the future of technology.
- The fireside chat will cover topics like product-market fit, team building, fundraising, and investing through 01A.
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TechCrunch
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Image Credit: TechCrunch
Startups Weekly: Tech and the law
- Rubrik acquired Predibase, a data cybersecurity company, to advance AI agent adoption, following Predibase's $28 million venture capital funding.
- German startup Kadmos, specializing in a salary payment platform for seafaring workers, was acquired by NYK Line after raising $38 million in external capital.
- AI music startup Suno acquired WavTool, an AI digital audio workstation, amidst copyright lawsuit challenges.
- Getty Images retracted its primary lawsuit against Stability AI, but legal battles persist in the U.S. and U.K., in a week marked by significant M&As and funding rounds in the startup ecosystem.
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Mit
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Image Credit: Mit
MIT and Mass General Brigham launch joint seed program to accelerate innovations in health
- MIT and Mass General Brigham launch joint seed program to accelerate innovations in health.
- Supported by Analog Devices Inc., the program funds joint research projects between the two institutions.
- It aims to advance research in human health, develop therapies, diagnostics, and digital tools.
- The initiative will support interdisciplinary collaborations to drive transformative changes in patient care.
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The Robot Report
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RISE Robotics raises funding for award-winning Beltdraulic actuators
- RISE Robotics raised $2.5 million in funding from over 1,300 investors on Wefunder, validating their Beltdraulic technology.
- Beltdraulic technology by RISE Robotics replaces hydraulic systems with a more efficient belt-and-pulley system, offering benefits like increased throughput and reduced fuel use.
- RISE Robotics' Beltdraulic technology has applications across industries, from heavy machinery to defense, with its railgate product offering energy efficiency and ease of installation.
- The funding will help RISE Robotics accelerate product development and scale production to meet the growing demand for their innovative Beltdraulic actuators.
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TechCrunch
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Image Credit: TechCrunch
Rollback rates: TechCrunch All Stage brings back early launch prices for a limited time
- TechCrunch All Stage is offering rollback rates with savings of up to $425 for their founder summit happening on July 15 in Boston.
- Founders can register for $155, investors for $250 during this limited-time offer.
- The event promises actionable breakout sessions, roundtables, networking opportunities, pitch competitions, and an expo hall for startups.
- Speakers at the summit include prominent names from the venture capital and startup world sharing insights on various topics.
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Eu-Startups
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Copenhagen-based InsurTech startup Leaf raises €1.7 million to fix broken insurance and pension solutions for Danish companies
- Danish InsurTech startup Leaf has raised €1.7 million in its first funding round to enhance its platform for SMEs.
- Leaf automates insurance and pension advisory services for businesses, utilizing data to provide tailored recommendations.
- The platform has reportedly helped over 600 companies improve insurance coverage, with savings of DKK 7–9 million annually.
- The funding will aid Leaf in scaling its services to assist more businesses in optimizing risk management and reducing unnecessary costs.
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Massivelyop
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Star Citizen is ramping up the rewards for its referral program starting July 2
- Star Citizen's referral program is receiving an update on July 2 to boost rewards for both new and existing players.
- New players using a referral code will receive 50,000 in-game credits, up from the previous 5,000, while referrers will gain more rewards, including landing zone-themed loot and unique ships.
- Existing players in the referral system will have access to a 'legacy ladder' for old rewards, and the leaderboard will be refreshed with a PvP element.
- Star Citizen, originally Kickstarted in 2012, remains in alpha development with over $800M raised through crowdfunding. The game has faced both unwavering support and significant criticism.
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Eu-Startups
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Czech startup Waypoint AI raises €2.7 million to deploy AI-powered support engineer
- Prague-based Waypoint AI raises €2.7 million in a pre-Seed round to expand its engineering office and deploy its AI customer support engineer.
- The funding was led by 42Cap and Dreamcraft Ventures, with participation from other investors like Berkeley SkyDeck Fund and Lumiere AI Ventures.
- Waypoint AI's AI Customer Support Engineer automates escalation management using large language models and their proprietary Escalation Intelligence Knowledge Graph.
- The investment allows Waypoint AI to grow its engineering team and further develop its platform to meet customer demand.
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SiliconCanals
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Image Credit: SiliconCanals
Tallinn-based Flowstep secures €2.2M to help teams ‘design at the speed of thought’ with AI-native platform
- Tallinn-based Flowstep raises €2.21M in a seed funding round, bringing total funding to €3.84M.
- Funding led by Supernode Global, with participation from various investors.
- The investment will support team expansion, product development, and introduction of enterprise features.
- Flowstep's AI-native design platform aims to accelerate ideation and iteration, helping teams move from idea to design rapidly.
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11 Likes
Medium
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Image Credit: Medium
Rethinking Venture Capital: The Care Investment Thesis.
- Exploring care as a guiding framework for venture capital beyond conventional approaches.
- Integrating intuition, energy, and spiritual practices to reshape investment strategies and values.
- Proposing a 'care-first' investment principle that prioritizes compassionate and sustainable businesses.
- Advocating for investing in companies that prioritize care, social impact, and genuine value creation.
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12 Likes
Ketto
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Image Credit: Ketto
The Importance Of Crowdfunding in Bridging The Education Gap
- Crowdfunding is increasingly playing a crucial role in helping individuals realize their educational goals by raising funds for tuition fees, living expenses, and other educational needs.
- In India, crowdfunding is bridging the education gap by enabling students to raise money for fees, books, lodging, and tuition using digital platforms.
- Crowdfunding also supports funding for educational endeavors, scientific research, and resources for schools, lessening the financial burden on educational institutions.
- Tips for successful crowdfunding campaigns include starting a blog to share one's story, leveraging contacts and connections for support, and getting creative to make the campaign stand out.
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Insider
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Image Credit: Insider
Startup funding announcements are getting the TikTok treatment, thanks to Gen Z founders
- Startup founders, especially Gen Z, are incorporating TikTok-style videos to announce funding rounds.
- Traditional social media posts are being replaced by slick launch videos to attract attention.
- Startups are finding it challenging to secure media coverage, leading them to create their own media.
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Eu-Startups
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Design gets the ‘vibe’ treatment as Estonian startup Flowstep secures €2.2 million to boost product team workflows
- Estonian startup Flowstep, a DesignTech company, has secured a €2.2 million Seed round led by Supernode Global to enhance product team workflows.
- The funding will aid in driving team growth, launching enterprise-grade platform features, U.S. sales, and accelerating AI research and development.
- Flowstep's platform focuses on 'vibe design' to speed up digital product creation while maintaining quality and creativity, using AI to assist product teams in generating design assets.
- With plans to expand globally and introduce enterprise-grade features, Flowstep aims to reshape the UI design space by leveraging AI technology.
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Eu-Startups
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Dutch hydration startup Aquablu closes €7 million round live on podcast to expand their smart water dispenser
- Amsterdam-based startup Aquablu raises €7 million in Seed funding led by Frans van Houten, former CEO of Philips, to support international expansion and scale automation.
- Aquablu's smart water dispenser, REFILL+, offers chilled, sparkling, or still functional water with natural flavors, electrolytes, and B vitamins, targeting offices, hotels, and public spaces.
- The funding includes a standout moment where €1.1 million was committed live on the Dutch Dragons podcast, reflecting support and excitement for Aquablu's purpose-driven approach.
- Aquablu achieved profitability in 2025, boasts 300% year-over-year growth, and plans to reach €100 million in revenue with fewer than 100 employees by 2028, focusing on brand, sustainability, and innovation.
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