Category: artificial intelligence

Australian ID verification startup OCR Labs raises $15M Series A to expand into UK/Turkey/Europe

With the gig economy came the need for ID verification, thus startups like OnFido (raised $188.8 million) appeared, alongside several others. But this sector is by no means ‘done’ yet. Now, OCR Labs, which emerged from Australia, has announced a €12.5M / $15 million Series A funding round led by…

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Enterprise AI platform Dataiku launches managed service for smaller companies

Dataiku is going downstream with a new product today called Dataiku Online. As the name suggests, Dataiku Online is a fully managed version of Dataiku. It lets you take advantage of the data science platform without going through a complicated setup process that involves a system administrator and your own…

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The rise of robotaxis in China

AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country. They also talked about overseas expansion — a common trajectory for China’s top autonomous vehicle startups — and shed light…

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Nexford University lands $10.8M pre-Series A to scale its flexible remote learning platform

Two profound problems face the higher education sector globally — affordability and relevance. Whether you live in Africa, Europe, or the U.S., a major reason why people don’t go to university or college or even drop out because they cannot afford tuition fees. On the other hand, relevance shows the…

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Decades-old ASCII adventure Nethack may hint at the future of AI

Machine learning models have already mastered Chess, Go, Atari games, and more, but in order for it to ascend to the next level, researchers at Facebook intend for AI to take on a different kind of game: the notoriously difficult and infinitely complex Nethack. “We wanted to construct what we…

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Croatia’s Gideon Brothers raises $31M for its 
3D vision-enabled autonomous warehouse robots

Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation…

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