Lux Capital Management related stories
All articles and analysis
Lightform picks up $5 mln in Lux Capital-led roundSan Francisco-based Lightform Inc, an augmented reality hardware company, has secured $5 million in funding. Lux Capital led the round with participation from other investors that included Dolby Family Ventures, CrunchFund, Comet Labs, Presence Capital and Anorak Ventures.
- Embodied Intelligence grabs $7 mln seed
Emeryville, California-based Embodied Intelligence, which "brings modern deep learning and AI technology to robotics," has raised $7 million in seed funding. Amplify Partners led the round with participation from Lux Capital, SV Angels, FreeS, 11.2 Capital and A.Capital.
- Veo Robotics rakes in $12 mln Series A
Cambridge, Massachusetts-based Veo Robotics, a developer of intelligent, human-aware systems for industrial robotics, has raised $12 million in Series A funding. Lux Capital and GV led the round with participation from previous backer Next47. In addition to the funding, Bilal Zuberi of Lux Capital and Andy Wheeler of GV will join Veo Robotics' board of directors.
- Sway Ventures recruits Denman as venture partner
Sway Ventures has hired Ken Denman as a venture partner. Previously, he was CEO of Emotient.
- Ripcord nabs $40 mln Series B
Ripcord, a robotic digitization company, has secured $40 million in Series B funding. Icon Ventures led the round with participation from Kleiner Perkins Caufield and Byers, Lux Capital and Silicon Valley Bank. In conjunction with the funding, Icon Ventures General Partner Jeb Miller will join Ripcord's board of directors.
- VC-backed VR social platform AltspaceVR shuts down
Redwood City, California-based AltspaceVR, the social platform for virtual reality, said in a blog post https://altvr.com/good-bye/ that it would shut down on Aug. 3. “It looked like we had a deal for our next round of funding, and it fell through,” the blog post says. “Some combination of this deal falling through and the general slowness of VR market growth made most of our investors reluctant to fund us further.” The company was founded in 2013 and raised $15.7 million, the website says. AltspaceVR's backers included Tencent, Dolby Family Ventures, Raine Ventures, Lux Capital, Western Technology Investments, Maven Ventures, Rothenberg Ventures and Comcast Ventures.
- Desktop Metal rakes in $115 mln Series D
Burlington, Massachusetts-based Desktop Metal, a metal 3D printing services provider, has closed $115 million in Series D funding. The backers were New Enterprise Associates, GV, GE Ventures, Future Fund, Techtronic Industries, Lowe’s, Lux Capital, Vertex Ventures, Moonrise Venture Partners, DCVC Opportunity, Tyche, Kleiner Perkins Caufield & Byers, Shenzhen Capital Group and Saudi Aramco.