Prime Movers Lab
Robust.AI raises $20M as it scales robot deliveries for pilot customers
When the company started, Robust.AI’s founders had no intention of making hardware. “Hardware’s hard,” co-founder and CTO Rodney Brooks tells TechCrunch, “and doing hardware at scale is harder. It takes…
Quantum Space picks up speed with $15M in funding for cislunar space vehicles
Cislunar space is quickly becoming ripe for government and civil use. This is particularly true in light of NASA’s Artemis program, which aims to establish a permanent human presence on…
TechCrunch+ roundup: Growth activation metrics, 3 keys to Series B, pitch deck teardown
The investors I’ve spoken to recently are still open to good ideas, but when they come from founders who are already working toward product-market fit, it boosts their confidence.
Investors discuss how labor shortage is shaking up the construction tech stack
The pandemic wasn’t the only challenge to hit the construction industry. The rising cost of raw materials coupled with labor shortage has left the industry scrambling for solutions to bridge…
Diamond Age picks up $50M to lay the foundation for the future of houses built by robots
Hot on the heels from its $8 million fundraise just a few months ago, Diamond Age is back for a top-up, with a $50 million Series A financing to continue…
MycoWorks, making leather from fungi, closes $125M to scale production
The company touts its Fine Mycelium process as the only mycelium engineered to be made-to-order and made-to-specification.
Two weeks ago, 50 founders and investors shared their insights on how the world can tackle the planetary “Code Red” with over 2,000 participants at the inaugural SOSV Climate Tech…
Spartan Radar raises a total of $25M to help radar compete with lidar tech
Take a dollop of machine learning, a handful of radar sensors and a market that is clamoring for autonomous cars not mowing down hordes of pedestrians, and you’ve got yourself…
Space Perspective raises $40M Series A for stratospheric balloon rides
The successful commercial launches of Blue Origin, SpaceX and Virgin Galactic have officially ushered in a new era of space tourism. But unlike these companies, which are planning on taking…
Diamond Age raises $8M to speed up home construction with 3D printing and robot arms
Bay Area-based Diamond Age this week announced that it has raised $8 million. The seed round is led by Prime Movers Lab and Alpaca VC and features a slew of…
Solar concentration startup Heliogen basks in $108M of new funding
Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated…
Fort Robotics today announced a $13 million raise. Led by Prime Movers Lab, the round also features Prologis Ventures, Quiet Capital, Lemnos Labs, Creative Ventures, Ahoy Capital, Compound, FundersClub and…
Prime Movers Lab raises $245 million for second fund to invest in early stage science startups
After revealing its first fund just last year, a $100 million pool of investment capital dedicated to early stage startups focusing on sustainable food development, clean energy, health innovation and…
Space Perspective raises $7M for its plan to ferry tourists to the edge of space
Space tourism startup Space Perspective has raised a new $7 million in seed funding from investors including Prime Movers Lab and Base Ventures. The company, founded by Jane Poynter and…
Pyka and its autonomous, electric crop-spraying drone land $11M seed round
Modern agriculture involves fields of mind-boggling size, and spraying them efficiently is a serious operational challenge. Pyka is taking on the largely human-powered spray business with an autonomous winged craft…
In-space shuttle service, Momentus, raises $25.5 million as investments climb for ‘new space’ tech
With commercial launch services expected to reach $7 billion by 2024, there’s increasing demand for an array of new technologies that can offer advantages to companies looking to get communications…
