Category: wisconsin
Recycling robotics company AMP Robotics could raise up to $70M
AMP Robotics, the recycling robotics technology developer backed by investors including Sequoia Capital and Sidewalk Infrastructure Partners, is close to closing on as much as $70 million in new financing, according to multiple sources with knowledge of the company’s plans. The new financing speaks to AMP Robotics’ continued success in…
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Sequoia-backed recycling robot maker AMP Robotics gets its largest purchase order
AMP Robotics, the manufacturer of robotic recycling systems, has received its largest purchase order from the publicly traded North American waste handling company, Waste Connections. The order, for 24 machine learning enabled robotic recycling systems, will be used on container, fiber and residue lines across numerous materials recovery facilities, the…
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Amazon accused of fighting efforts to track COVID-19 in Wisconsin facilities
Amazon may be improving safety measures in warehouses to protect against COVID-19, but it’s also accused of being less than forthcoming with vital data. The health officer for Kenosha County in Wisconsin, Jen Freiheit, told the Milwaukee Journal Sent… Source
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Can API vendors solve healthcare’s data woes?
A functioning healthcare system depends on caregivers having the right data at the right time to make the right decision about what course of treatment a patient needs. In the aftermath of the COVID-19 epidemic and the acceleration of the consumer adoption of telemedicine, along with the fragmentation of care…
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Foxconn’s contentious Wisconsin plant will be used to make ventilators
Foxconn’s dubious Wisconsin factory — the subject of billions of dollars of tax subsidy scrutiny — will be used to produce ventilators to aid in treatment for COVID-19 around the US. The company, best known for assembling Apple’s iPhones at factories… Source
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Proposed amendments to the Volcker Rule could be a lifeline for venture firms hit by market downturn
In the wake of the financial crisis, Congress passed regulations limiting the types of investments that banks could make into private equity and venture capital funds. As cash strapped investors pull back on commitments to venture funds given the precipitous drop of public market stocks, loosening restrictions on the how…
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