California-based Covariant raises $40M for AI robotics



News : Berkeley, California-based Covariant, an AI-enabled robotics company, raised $40 million in a Series B round led by Index Ventures. The company says warehouse operators have been early adopters of its technology, but it foresees greater use of its robots in other industries, such parcel mail, manufacturing, agriculture and recycling.

California-based Covariant raises $40M for AI robotics Full

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At-home testing startup LetsGetChecked raised $71 million in a Series C round led by Illumina Ventures and HLM Venture Partners. The New York-based company plans to use much of the funding to increase its supply, manufacturing and testing capabilities for COVID-19.

Seattle-based property management software provider Knock secured $12 million in a Series B round led by Madrona Venture Group. The company plans to use the funding to grow its sales and marketing platform for residential property management companies.
 

California-based Covariant raises $40M for AI robotics