Startup Funding: February 2020


AI drew the biggest investments last month, with two AI hardware companies and one autonomous driving software startup pulling in nine-figure sums. Investors also pumped money into semiconductor manufacturing and test equipment, notably around EUV lithography and advanced packaging. AI Hardware SambaNova Systems received $250M in Series C funding for its software-defined hardware for AI, le... » read more

Week in Review: IoT, Security, Auto


Deals Dialog Semiconductor made a blockbuster deal with Apple – the chip company will license power management technologies and transfer some assets to Apple, which will use them in their internal chip research and development. More than 300 Dialog employees, mostly engineers, will join Apple, which will pay $300 million in cash for the transaction and prepay another $300 million for Dialog ... » read more

Week in Review: IoT, Security, Auto


Automotive Tech Marvell Technology Group opened its automotive electromagnetic compatibility lab in North America. The facility is CISPR 25-qualified and gives the chip company the capability to conduct in-house electrostatic discharge, emission, and immunity testing. Marvell also reported that its 88Q2112 offering received a mark of 100% in conformance testing outlined by the Japan Automotive... » read more

Investors Back IoT Startups


Internet of Things startups took in more than $1.35 billion from corporate and private investors during the latter half of 2017, for a total of about $2.2 billion in the full year. Chicago-based Uptake Technologies, an Industrial IoT startup, had the biggest haul of the year, with $117 million raised in a Series D round, on top of a $90 million Series C round earlier in 2017, bringing its to... » read more

The Week in Review: IoT


Finance Farmobile has raised $18.1 million in a Series B round of funding, led by Anterra Capital and AmTrust Agricultural Insurance Services, bringing its total funding to more than $28 million. Existing investors also took part in the new round. The agricultural Internet of Things startup will use the money to expand its operations around the world. Farmobile provides agronomic and machine d... » read more

The Week in Review: IoT


Finance Mountain View, Calif.-based FogHorn Systems has received Series B funding of $30 million, led by Intel Capital and Saudi Aramco Energy Ventures. The new round brings the Industrial Internet of Things edge computing startup’s total funding to $47.5 million. Honeywell Ventures is a new investor, joining existing investors Darling Ventures, Dell Technologies Capital, GE Ventures, March ... » read more

The Week In Review: IoT


Conferences It’s been an action-packed week at Internet of Things World. The show was co-located at the Santa Clara Convention Center with the Connected & Autonomous Vehicles conference. There were lots of deals announced and many products or services debuted at IoT World, which has grown enormously in four years, from 700 attendees at its first event in Palo Alto, Calif., in 2014 to some 14... » read more

The Week In Review: IoT


Conferences The Internet of Things World conference is on tap next week at the Santa Clara Convention Center in Silicon Valley. There will be more than 250 exhibitors on the show floor, with 11,000 attendees expected. More than 400 speakers will make presentations over three days, May 16-17-18. ON Semiconductor will have a number of IoT-related products to demonstrate at its booth, including i... » read more