Startup Funding: February 2022

Mega-rounds dominated venture funding in February, with ten companies seeing investment of $100 million or more, five of which exceeded $200 million. Automotive was the big winner, with seven of the ten companies involved in either developing ADAS and autonomous driving, building electric vehicles, or making components to go in cars. The largest round of the month falls into that last category,... » read more

Week In Review: Design, Low Power

Cadence completed the acquisition of NUMECA International, a provider of computational fluid dynamics (CFD), mesh generation, multi-physics simulation, and optimization solutions for industries including aerospace, automotive, industrial, and marine. Founded in 1993 as a spin-off of the Vrije Universiteit Brussel (VUB), NUMECA was based in Brussels, Belgium. Terms of the deal were not disclosed... » read more