Tractian, a machine intelligence company offering one of the most advanced industrial monitoring systems on the market, announced $15 million in Series A funding led by Next47, a global venture capital firm specializing in building category-defining B2B technology businesses. YCombinator and other previous investors also participated in the round. The new capital will allow the company to consolidate its position in the global market by extending operations from Brazil to Mexico and the U.S. and continuing rapid development of industry-leading products. "We know the industries that empower their frontline workers with best-in-class productivity tools have superpowers compared to others, and Tractian appears as the right arm of maintenance managers to manage their routines around the world" Tractian has developed streamlined hardware-software solutions designed to give maintenance technicians and decision-makers comprehensive oversight of their operations. With ease of installation and quick value generation at the heart of its customer approach, Tractian is democratizing access to sophisticated monitoring and analytics.

When Built Robotics emerged out of stealth in October 2017, the company's self-driving excavators had completed a couple simple projects that included digging and moving dirt at a community garden and a California mountain bike trail. Since then, giant autonomous robots have been deployed on large commercial projects, such as digging the foundations for wind farms. The technology has also expanded to include bulldozers and skid steers, in addition to excavators. Today Built announced a $33 million Series B led by Next47, the new global venture fund backed by Siemens. This brings the company's total funding to $48 million.

When Built Robotics emerged out of stealth in October 2017, the company's self-driving excavators had completed a couple simple projects that included digging and moving dirt at a community garden and a California mountain bike trail. Since then, giant autonomous robots have been deployed on large commercial projects, such as digging the foundations for wind farms. The technology has also expanded to include bulldozers and skid steers, in addition to excavators. Today Built announced a $33 million Series B led by Next47, the new global venture fund backed by Siemens. This brings the company's total funding to $48 million.

A mere sprinkling of autonomous vehicles exist in a few dozen cities today. And none of them -- at least not yet -- have been deployed as a true commercial enterprise. While the bulk of this nascent industry fixates on the system of sensors, maps and AI necessary for vehicles to drive without a human behind the wheel, the founders of startup RideOS are directing their efforts to the day when fleets of self-driving cars hit the streets. It's there, where human-driven and automated vehicles will be forced to mingle, that RideOS co-founders Chris Blumenberg and Justin Ho see opportunity. The company, which has existed for all of 12 months, has raised $25 million in a Series B funding round led by Next47, the venture arm of Siemens. Sequoia, an existing investor, and Singapore-based ST Ventures, also participated in the round.