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Truepic, which just raised $26M in a Microsoft-led round, aims to verify the authenticity of photos and videos
Truepic, which just raised $26M in a Microsoft-led round, aims to verify the authenticity of photos and videos
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Unicorn Nest news

Truepic, which just raised $26M in a Microsoft-led round, aims to verify the authenticity of photos and videos

– Truepic, a digital image verification software provider, has raised $26m in a Series B funding round.
– The round was led by M12, Microsoft’s venture fund, and joined by Adobe, Sony Innovation Fund, Hearst Ventures and individuals from Stone Point Capital.
– The company has raised $36m since its 2015 inception.

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Botrista Closes $10M Series A Funding
Botrista Closes $10M Series A Funding
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Unicorn Nest news

Botrista Closes $10M Series A Funding

– Botrista Technology, a San Francisco CA-based robot-barista company, raised $10M in Series A funding.
– The round was led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation (NASDAQ: MIDD), and PIDC.
– The company intends to use the funds to further ramp up deployment operations to roll-out the DrinkBot nationally.

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Botrista Closes $10M Series A to Make Craft Beverages More Accessible Via Robotic Automation
Botrista Closes $10M Series A to Make Craft Beverages More Accessible Via Robotic Automation
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Unicorn Nest news

Botrista Closes $10M Series A to Make Craft Beverages More Accessible Via Robotic Automation

– Botrista Technology, Inc. raised $10 million in Series A funding co-led by Purestone Capital and La Kaffa International with participation from Sony Innovation Fund, Middleby Corporation (NASDAQ: MIDD), and PIDC.
– The funding brings Botrista’s total amount of capital raised to $16 million.
– The new funding will be used to further ramp up deployment operations to roll-out the DrinkBot nationally.

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Buy Now Pay Later Platform Divido Raises $30 million Series B
Buy Now Pay Later Platform Divido Raises $30 million Series B
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Buy Now Pay Later Platform Divido Raises $30 million Series B

– Divido has raised a $30m Series B funding round to fuel international expansion, while continuing to build out its market-leading platform for lenders and merchants.
– The round was led by global banks HSBC and ING, with participation from Sony Innovation Fund by IGV*, SBI Investment, OCS, Global Brain and DG Daiwa Ventures along with existing investors DN Capital, Dawn Capital, IQ Capital and Amex Ventures.
– Divido’s whitelabel platform connects lenders, merchants and partners at the point of sale, transforming retail finance with proven technology and industry expertise to create a flexible way to control and configure payments.

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SiLC Technologies Raises $17M Series A Funding Round to Advance Machine Vision Applications
SiLC Technologies Raises $17M Series A Funding Round to Advance Machine Vision Applications
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Unicorn Nest news

SiLC Technologies Raises $17M Series A Funding Round to Advance Machine Vision Applications

– SiLC Technologies announced a $17m Series A funding round led by Alter Venture Partners and Dell Technologies Capital.
– The round was also supported by Fluxunit – OSRAM Ventures, Sony Innovation Fund by IGV, Epson, UMC Capital, Yamato Holdings and Global Brain.
– The additional financing will be used to expand SiLC’s operations, accelerate product development and gain additional production design wins – all in preparation for pre-production and product launch activities.
– Over the last year, SiLC has provided development systems to customers that are at the forefront of their respective market segments, including mobility, industrial machine vision, robotics, augmented reality, and consumer applications.
– The new funds will help further customer traction and support bringing these products to market.

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Proptech Company Plunk Raises $6.5 Million
Proptech Company Plunk Raises $6.5 Million
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Unicorn Nest news

Proptech Company Plunk Raises $6.5 Million

– Plunk is a mobile app that uses AI and machine-learning to help homeowners make smarter decisions to increase their home’s value.
– The company raised $6.5m in seed funding.
– The round was led by Seattle-based Unlock Ventures with participation from institutional investors including Sony Innovation Fund, Plug and Play Ventures, Vectr Fintech Partners, and Second Century Ventures (the strategic investment arm of the National Association of Realtors).

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Trax Secures $640 Million Funding Round Led by SoftBank Vision Fund 2 and BlackRock to Transform Retail Through Digital Technologies
Trax Secures $640 Million Funding Round Led by SoftBank Vision Fund 2 and BlackRock to Transform Retail Through Digital Technologies
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Unicorn Nest news

Trax Secures $640 Million Funding Round Led by SoftBank Vision Fund 2 and BlackRock to Transform Retail Through Digital Technologies

– Trax secured $640m in a Series E financing round.
– The round was led by Softbank Vision Fund 2 and technology-focused funds managed by existing investor BlackRock, Inc.
– New investors include OMERS, one of Canada’s largest defined benefit pension plans, and Sony Innovation Fund by IGV.
– Trax’s cloud platform is accelerating the digital transformation of consumer packaged goods (CPG) companies and grocery retailers by providing granular visibility of rapidly changing store conditions.
– Trax solutions enable users to make timely, data-driven decisions and implement immediate corrective actions.
– As a result, brands and retailers are accelerating growth, reducing costs, and driving awareness and purchase intent.
– Trax empowers its customers to provide the best shopping experiences imaginable.

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Identiq Raises $47M Series A, Poised to Become the World's Largest Identity Validation Network
Identiq Raises $47M Series A, Poised to Become the World's Largest Identity Validation Network
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Unicorn Nest news

Identiq Raises $47M Series A, Poised to Become the World's Largest Identity Validation Network

– Identiq announced a $47m Series A round led by Insight Partners and Entrée Capital, with additional participation from Amdocs, Sony Innovation Fund by IGV, and existing investors, including Vertex Ventures Israel, Oryzn Capital and Slow Ventures.
– The company plans to use the investment to further accelerate its network growth, adding more members, each of which will improve the validation, quality and coverage for all members. This flywheel effect will drive further value for the network’s existing members, improving data coverage and accuracy.
– The company is building the world’s largest Identity Validation Network, enabling companies to jointly validate consumer identities, payment details and other sensitive information without sharing or exposing any private data.

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