Additionally, two significant funding rounds outside the U.S. were highlighted. China-based Deeproute, an autonomous driving technology developer, and U.K.-based CrytocoinMiner, a cryptocurrency cloud-mining platform, both raised $100M in their respective rounds. The article also mentions that the number of funding announcements was lower than usual due to the U.S. presidential election.
Key takeaways:
- Physical Intelligence, a startup developing brains for robots, raised a $400 million round at a $2 billion valuation led by Jeff Bezos, Lux Capital and Thrive Capital.
- Precision Neuroscience, a developer specializing in brain-computer interfaces, raised a $93 million Series C.
- AmplifyBio, an Ohio-based drug development company, received a $50 million investment from Vitrian for its new manufacturing enablement center.
- Two big $100 million rounds outside the U.S. this week were raised by China-based Deeproute, which develops autonomous driving technology, and U.K.-based CrytocoinMiner, a cryptocurrency cloud-mining platform.