Translink Capital
Canvas Category Consultancy : Company : Venture Capital
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Burro closes $24M
Burro, a Philadelphia-based autonomous mobility company, closed a $24 million Series B co-led by New York City-based growth equity firm Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and Cibus Capital. As part of the round, Brian Rich, managing partner with Catalyst Investors, and Kaz Kikuchi from Translink Capital, will join the company’s Board.
Burro is an autonomy company building the future of work outdoors. Founded in 2017, the company began with a mobility platform designed to help customers meet rising wages and a shrinking workforce. Burro has more than 300 robots working as harvest assist robots in nurseries and permanent crops, where they tow trailers autonomously, patrol depot yards, and serve as a platform and physical API for a growing set of technology partners.
Makersite secures $18M investment
We are happy to announce the completion of an $18M funding round. The investment is led by Hitachi Ventures, the global venture capital arm of Hitachi, Ltd., and Translink Capital, a Silicon Valley-based VC fund, with participation from KOMPAS, an EU-based venture capital fund, and seed investor Planet A.
When looking at the sustainability space right now, there’s a great buzz about reporting standards, ESG, Science Based Targets, GHG-Protocol, etc. But in 3-5 years’ time, no one will care about any now-implemented corporate reporting. What counts are the changes implemented across an organization. Makersite helps enterprises to take the right decisions today, not tomorrow. The investment will help us to grow our sales and marketing teams in Europe and the U.S along with increasing our delivery capacities. This way, the investment supports both our old and new customers.
EverestLabs Raises $16.1M to Transform the Recycling Industry with AI and Automation
EverestLabs, developer of RecycleOSâ„ , the first AI-enabled operating system for recycling, raised $16.1M in Series A funding led by Translink Capital and joined by NEC Orchestrating Future Fund and existing investors BGV, Sierra Ventures, Morado Ventures, and Xplorer Capital. The funding enables the company to invest in its scaling and go-to-market capabilities, including further commercialization activities that build on its AI-powered RecycleOSâ„ operating system, robotics, and unique end-of-arm tools.