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Beep Powers Fully Autonomous Public Transit System in Jacksonville
Beep has officially begun operations for NAVI, the Neighborhood Autonomous Vehicle Innovation project by the Jacksonville Transportation Authority.
Venture Capital
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Genesis AI Raises $105M to Build Universal Platform for General-Purpose Robots
Genesis AI has launched publicly with $105 million in funding to build the world’s first universal robotics foundation model and a horizontal platform for general-purpose robotics.
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HealthpointCapital Acquires XR Surgical Planning Firm ImmersiveTouch
HealthpointCapital has acquired a majority stake in ImmersiveTouch, whose software enables surgeons to plan procedures in 3D, navigate anatomy in real-time, and visualize surgical guides during operations using mixed-reality headsets. Details of the transaction were not disclosed.
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Vuzix Gains $5M Investment Toward Waveguide Scale-Up
Vuzix announced receiving a $5 million investment from Quanta Computer, marking the second installment of a $20 million strategic funding agreement. The initial $10 million tranche was completed in September 2024 to support waveguide production and joint AR/AI smart glasses development.
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Coco Robotics Raises $80M to Scale Autonomous Delivery Globally
Coco Robotics raised $80 million to accelerate its AI platform and scale its autonomous delivery fleet. Returning investors Sam and Max Altman and Pelion participated, and Ryan Graves provided new backing.
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DreamPark Raises $1.1M to Expand Mixed Reality Theme Park Platform
DreamPark has announced $1.1 million in seed financing to grow its nationwide network of mixed reality installations. Led by Long Journey Ventures and joined by Founders Inc.
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KPMG Canada Acquires LlamaZOO to Expand AI-Driven Digital Twin Capabilities
LlamaZOO Interactive, a spatial business intelligence software developer, has been acquired by KPMG in Canada. The move brings new tools to KPMG's portfolio, aimed at helping clients visualize and interact with complex data across real-time platforms.
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Hugging Face Acquires Pollen Robotics to Advance Open-Source Humanoid Robotics
Hugging Face has acquired Pollen Robotics to expand its role in physical AI through open-source robotics. The move builds on the company’s software-led efforts, including tools like LeRobot and its AI model hub.
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Next Tier Ventures Invests in Nilo, the Voice-Driven AI Game Engine
Next Tier Ventures has invested in Nilo Technologies, a browser-based platform that enables the creation of 3D games using generative AI and natural language processing.
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M-XR Secures $7M to Advance Photorealistic 3D Asset Generation
M-XR has raised an additional $7 million in capital, with backing from investors including Horizons Ventures, Epic Games, FOV Ventures, and several individual contributors.