Toggle, a Brooklyn-based robotics startup, announced today that it scored $3 million in seed funding. The early-stage round was led by Point72 Ventures’ AI Group, with participation from Mark Cuban and VC Twenty Seven Ventures.
Funding
San Francisco-based Bitcoin mining startup Layer1 announced it has raised $50 million from billionaire Peter Thiel and others to move forward with its plan, which includes running its own power sub-station and purchasing solar and wind energy produced on the plains of West Texas.
The New York startup is tapping some of Silicon Valley’s more recognizable VC firms to fund their dreams for a shopping cart of the future that uses computer vision and other sensors to let shoppers quickly scan items as they drop them into their carts.
Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks.
European micromobility startup Dott is about to raise a $34 million Series A round (€30 million). The startup is taking a careful approach when it comes to growth in order to build a good reputation and a sustainable service.
The social juggernaut, Facebook said today it has invested in social-commerce startup Meesho in what is the first time the firm takes equity in an Indian startup.
