đź’°The Funding Letter #1131: April 5

Covariant, Everstream Analytics, Treat, and more...

April 05, 2023


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Anvil and Mantra Health below!

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Source: @overheard_sales

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🌎 Americas

Covariant offers AI-powered automation solutions that allow robots to interact with and learn from their dynamic environments and engage in deep imitation learning, deep reinforcement learning, and meta-learning, enabling clients to program robots specifically for their manufacturing and warehouse needs. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $75M, Series C

Round Investors: Radical Ventures (lead), Index Ventures (lead), AIX Ventures, Northgate Capital

🚀Growth Focus: Accelerate the development of Covariant Brain and match its technology to new sectors and use cases; expand the deployment of its systems to retailers and logistics firms.

HQ: Berkeley, CA

Industry: Software Development

Employee Count: 157 (⚡10% increase in last 6 months)

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