Esper Raises $8M in Series A Funding
– Esper is a govtech startup from Austin, TX.
– Company raised $8M in Series A funding.
– The round was led by Cota Capital with participation from 8VC, Gaingels, and Stand Together Ventures Lab.
– The investment will be aimed at expanding the company’s operations and business reach across the U.S. state and federal market.
Zencity Raises $30 Million to Help Local Governments Hear From Their Communities for More Data-Driven Decision-Making
– Zencity announced the closing of an additional $30m investment from existing investors.
– Choosing to double down and increase their holdings in the company is a great show of confidence by Zencity’s investors and a testament to their deep commitment to the company’s mission of helping local governments measure and understand community feedback.
– All together, this investment brings Zencity’s total funding to over $50m and will help Zencity continue to be a tour de force in meeting the continued need for impactful and innovative government technology.
– Now, as ever, local government leaders need accurate, real-time community feedback to guide key decision-making around critical efforts such as vaccination, re-opening, and police reform.
Anduril Raises $450M in Series D; Valued at $4.6 Billion
– Anduril Industries, an Irvine, Calif.-based defense technology company, raised $450m in Series D funding and a post-money valuation of $4.6b.
– The round was led by Elad Gil with participation from Andreessen Horowitz, 8VC, Founders Fund, General Catalyst, Lux Capital, Valor Equity Partners, and D1 Capital Partners.
– The new investment will be used to develop advanced technologies (AI, computer vision, sensor fusion, optics and automation) to solve some of the most important & complex national security challenges.
One Concern Receives $45M Investment from Sompo
– One Concern from Menlo Park, CA provides a platform to model and simulate community resilience and response to earthquakes, floods and other natural disasters.
– Sompo Holdings, Inc. from Tokyo invested $45m in the company.
– The company intends to use the funds to continue to develop its core capabilities in AI-enabled resilience solutions and disaster-risk mitigation technologies.
Airspace Link raises $10M to make drones safer for both operators and communities
– Airspace Link, a drone management platform, raised $10m in Series A funding.
– The round was joined by Altos Ventures, Thales Group, and others.
– The company plans to use the additional funds to expand its domestic offering and expand overseas.
AECOM, Houston METRO continue to advance automated, zero emissions transit technology with $1.5 million grant from the Federal Transit Administration
– AECOM, the world’s premier infrastructure consulting firm, has partnered with Houston METRO, the region’s largest public transit provider, to accelerate deployment of automated technology in transit vehicles.
– Funded through a $1.5m grant from the Federal Transit Administration (FTA), the team will pilot one of the nation’s first automated electric shuttle buses that will serve Texas Southern University, University of Houston, and Houston’s Third Ward neighborhood.
– The project, which is expected to be fully operational in spring 2022, was one of only 25 initiatives across the U.S. to receive FTA funding.
– AECOM will provide management, planning, and engineering services for the project. METRO is also a founding member of AECOM’s Automated Bus Consortium, which investigates the feasibility of implementing pilot automated bus projects across the U.S.
