Presidio Ventures

Assembly Line

TOffeeAM banks £5 million

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: TOffeeAM, Presidio Ventures, East Innovate

The round was led by Sumitomo Corp subsidiary Presidio Ventures Europe and London-based East Innovate. UK-based deeptech investor IQ Capital has returned from TOffeeAM’s seed round, investing alongside US-based fund Type One Ventures, Exor Seed, Italy’s Excellis and assorted angel investors.

TOffeeAM will use the series A capital to scale its 3D printing platform into new overseas markets; specifically seeking in-roads into the massive US market and also across East Asia.

Read more at Tech EU

Slamcore raises $16 million to deliver low-cost spatial understanding

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Slamcore, ROBO Global Ventures, Presidio Ventures, Samsung, Toyota

Slamcore, a pioneer in vision-based location and mapping for robots, autonomous machines and consumer electronics products, has raised $16 million in Series A capital that will allow the business to rapidly capitalize on its proven technology which combines AI with consumer-grade cameras, sensors and processors to solve the complex challenges of mapping and navigating for a wide range of autonomous machines and devices.

The funding round was led by ROBO Global Ventures and Presidio Ventures who invested alongside Amadeus Capital, Global Brain, IP Group, MMC and Octopus. Strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings also joined the round.

Read more at Slamcore Press