Daily funding roundup - October 9th, 2018

Kristin Karaoglu · October 9, 2018 · Short URL: https://vator.tv/n/4c52

Artomatix raised $3.1M; Frontify raised $8.3M; Machinify and Shipwell raised $10M

Artomatix: Artomatix is a software company that uses Artificial Intelligence to create realistic 3D art creation. Artomatix has raised $3.1 million led by Suit Valley Ventures. Read more

Acorus Networks: Acorus Networks provide DDoS protection for both network and application layers thanks to a large scaled Cloud mitigation infrastructure. Acorus Networks has raises $6 million. Read more

Frontify: Frontify is a SaaS B2B platform for brand management that helps brands create consistent brand experiences over all communication channels. Frontify raised $8.3 million million in Series A funding. Blossom Capital led the round. Read more

Machinify: Machinify is engaged in the application of the latest advances in AI to optimize the enterprise. The company utilizes AI technology to help businesses digest their data and unlock hidden profits through automated decision-making. Machinify has raised $10 million in Series A funding led by Battery Ventures, with participation from GV and Matrix Partners. Read more

Shipwell: Shipwell is a freight trucking startup that provides business with automated way transport of goods and services. Shipwell has raised $10 million in a new round of funding. Fifth Wall led the company’s Series A round, which also included the new investor Global Founders Capital and previous investors First Round Capital, Base 10 Ventures, Capital Theory and Village Global. Read more

YourMechanic: YourMechanic is an online marketplace that enables vehicle owners to find local mechanics for home or office car repair services. YourMechanic has raised $10.1 million in Series B1 funding from RBC, SoftBank Capital, Verizon Ventures, American Family Ventures, Data Point Capital and former GM CEO Rick Wagoner. Read more

Perceptive Automata: Perceptive Automata is solving what is often described as the hardest of the hard problems for automated driving: human behavior prediction technology for the safe large-scale rollout of highly automated (L2/3) and autonomous (L4/5) vehicles, especially in urban areas. Perceptive Automata has raised 16 million Series A funding, backed by Toyota and Hyundai. Read more

Pitch: Pitch provides the next generation of content collaboration and presentation software. Behind Pitch is a senior team funded by renowned investors. Pitch has raised $19 million in Series A funding led by Index Ventures, with participation from BlueYard. Read more

Once Upon a Farm: Once Upon a Farm creates quality, eco-friendly and nutritious baby food products for children. Once Upon a Farm has raised $20 million in Series B funding led by CAVU Venture Partners. Read more

Glympse Bio: Glympse Bio is developing a powerful new paradigm in diagnostics to enable noninvasive and predictive monitoring of multiple human diseases. Glympse Bio has raised $22 million in Series A funding. Read more

Sphingotec: Sphingotec develops innovative biomarkers for diagnosis, prediction and monitoring of acute medical conditions, such as acute heart failure, acute kidney injury and circulatory shock, in order to support patient management and provide guidance for treatment strategies. Sphingotec has raised $22.8 million in funding co-led by HBM and Wellington Partners. Read more

TidalScale: TidalScale has developed a scale-up compute and resource architecture. Why? To enable our customers to run SAP HANA, Oracle DB at the right size to their problem. TidalScale has raised $24 million in Series B funding, including from Bain Capital Ventures, HWVP, Sapphire Ventures, Infosys, SK Hynix, and OEM. Read more

Netlify: Netlify is a Platform as a Service that builds, deploys, and hosts static websites and apps. Netlify is a unified platform that automates your code to create high-performant, easily-maintainable sites and web-apps. Netlify has raises $30 million in Series B round funding. Read more

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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Perceptive Automata


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Perceptive Automata is solving what is often described as the hardest of the hard problems for automated driving: human behavior prediction technology for the safe large-scale rollout of highly automated (L2/3) and autonomous (L4/5) vehicles, especially in urban areas.

We enable those vehicles to understand what people might do next so they can navigate safely and smoothly around humans, including pedestrians, cyclists, and other drivers. The level of understanding of our human-like AI goes well beyond what standard physics-based approaches can deliver, including information that can’t be gained any other way.

Importantly, in addition to increased safety, we enable a much more natural and smooth human-like driving of L4/5 autonomous vehicles. This is essential for autonomous vehicles to be accepted into a human-dominated road environment and also by passengers of robotaxi services. Without this capability, autonomous vehicles simply will not function well enough.

Perceptive Automata is working with OEMs, suppliers, and tech companies that are building or integrating ADAS and autonomous driving systems.

The team is comprised of Harvard, MIT, and Stanford neuroscientists and AI experts working out of offices in Boston and Silicon Valley.