Epic Games Invests In 'Horizon Chase Turbo' Developer Aquiris

by HendrikWiese - April 14, 20220

A publishing deal is on the dashboard too.Epic Games has snatched up yet another partnership within the industry. This time, the Fortnite developer has shaken hands with Brazilian developer Aquiris, who created the rather brilliant polygonal racer Horizon Chase Turbo.This is the latest deal that the studio has reached, following

GM invests in radar software startup Oculii as demand for automated driving features rise

by Aria Alamalhodaei - September 13, 20210

Oculii looks to supercharge radar for autonomy with $55M round B

Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed a $55 million Series B. Oculii and

BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion

by Rebecca Bellan - September 7, 20210

BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd’s service allows

Lee Fixel’s Addition invests over $75 million in Delhivery

by Manish Singh - September 6, 20210

Indian logistics giant Delhivery raises $277 million ahead of IPO

Indian logistics firm Delhivery has courted one more high-profile investor before its expected IPO in the next two quarters: Lee Fixel’s Addition. The Gurgaon-headquartered firm has disclosed in a regulatory filing that Addition has invested $76.4 million in the startup. The new investment is part of a Series I round, according to

Summit invests $215M into Odoo, an open source business management software developer, at a $2.3B+ valuation

by Ingrid Lunden - July 29, 20210

Open source has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the priniciple is announcing a sizable secondary investment on the back of that growth. Odoo — a Belgium-based provider of open-source-based business software

Daily Crunch: FedEx invests $100M in Indian logistics giant Delhivery

by Richard Dal Porto - July 17, 20210

India’s Delhivery bags $100 million from FedEx

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 16, 2021. A PSA: A few of us at TechCrunch took some time this week to chat about funding rounds,

Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality

by Rebecca Bellan - June 4, 20210

Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota

Telkomsel invests an additional $300 million in Gojek

by Manish Singh - May 10, 20210

Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional $300 million in ride-hailing and payments firm Gojek, the two firms said Monday, just months after the network provider wrote a $150 million check to the Southeast Asian firm. The announcement comes amid Gojek working to seal a

Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron

by Rita Liao - May 6, 20210

Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components

Hyundai invests in teleoperations startup Ottopia as part of $9M round

by Kirsten Korosec - April 24, 20210

After spending much of his career in mission-critical environments, including the Israeli Air Force, Israeli Intelligence and leading development of a cybersecurity product at Microsoft, Amit Rosenzweig turned his attention to autonomous vehicles. It was a technology that he soon recognized would need what every other mission-critical system requires: humans. “I understood