Daily Archives: May 10, 2022

David Shultz / Fast Company: Osmind, which provides EHR software to chart and update mental health patient information and documents, raises a $40M Series B led by DFJ Growth  —  As the country continues to struggle with a mental health crisis that’s only been exacerbated by the pandemic, electronic health-record […]

Dean Takahashi / VentureBeat: Unity Software’s stock fell 28%+ in after-hours trading amid company’s lower than expected sales forecasts for Q2 and lower revenue guidance for next full-year  —  Unity’s stock price fell 28% in after-hours trading after the company reported earnings that met analyst expectations but fell short on […]

Amy Feldman / Forbes: Dusty Robotics, whose first robot FieldPrinter automates the process of printing full-size floor plans at construction sites, raises a $45M Series B  —  Dusty Robotics built an autonomous printer on wheels for construction sites.  The company is now worth $250 million.

Politico: Leaked proposal: the EC plans to release a draft law this week that requires tech companies to scan for CSAM and threatens end-to-end encryption  —  Brussels is bracing for one of its biggest and most emotional tech fights yet as companies face stringent new rules to clamp down on […]

Devin Coldewey / TechCrunch: Brightseed, which develops an AI-based system called Forager to identify and categorize plant compounds for human health, raises a $68M Series B led by Temasek  —  Who knows what secrets await in the hearts of plants?  Brightseed has found a couple of them, anyway, using an […]

Kate Clark / The Information: Source: crypto analytics startup Chainalysis raises a $170M Series F led by GIC at an $8.6B valuation, up from $4.2B in June when it raised a $100M Series E  —  Chainalysis, a startup that sells services to detect and track crypto fraud, has raised a […]

Shubham Sharma / VentureBeat: Certn, which offers AI-driven tools to conduct background checks and risk monitoring for employees, contractors, and tenants, raises a $50M Series B  —  Canada-based Certn, a company that provides AI-powered background screening solutions to enterprises, today announced it has raised $50 million …

Rashi Shrivastava / Forbes: Mashgin, which makes computer vision-based touchless self-checkout kiosks, raises a $62.5M Series B led by NEA at a $1.5B post-money valuation  —  Mashgin’s computer vision AI self checkout can scan multiple packaged products as well as food items in a matter of seconds.

Ben Foldy / Wall Street Journal: Internal email: Carvana plans to cut 12% of its workforce, ~2,500 workers, saying it overshot its growth strategy after buying the Adesa US car auction business  —  Downsizing comes after company raised billions in new debt with high interest  —  Online car dealer Carvana […]

Jordan Novet / CNBC: Roblox misses with Q1 revenue of $631.2M, down 3% YoY, vs. $636.6M est., 54.1M average DAUs, up 28% YoY, vs. 55M est., $11.67 average bookings per DAU, down 25%  —  – Roblox reported fewer users in the quarter than analysts had expected, and bookings dropped from […]