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February 2017 fundings, acquisitions and IPOs

Robohub

CloudMinds, a Chinese startup developing cloud-intelligence-based services for robotics and other application areas, raised $100 million in a Series A funding round. Although no funder information was provided, seed financing was provided by SoftBank, Foxconn, Walden International and Keytone Ventures. Desktop Metal, a 3D metal printing startup based in Burlington, Mass., is gearing up to take its first product into production and raised $45 million from GV, BMW I Ventures and Lowe's Ventures. The company has now raised a total of $97 million. Other investors include NEA, Kleiner Perkins Caufield & Byers, Lux Capital, GE Ventures, Saudi Aramco, and Stratasys.


Evo Is a Little Robot With a Big Mission: Get Girls to Code

WIRED

When his daughters were young, Nader Hamda says, they were really into apps and computers. But now that they're a little older, their interest is waning. "They're not an exception," he says. According to numerous studies, young girls are moving away from computer science, not towards it. And Hamda says this is why his company, Ozobot, is now offering an educational robot called Evo.


Ozobot's Evo is a smarter, more social coding robot

Engadget

Ozobot's Bit impressed us a few years ago with its simply take on programming education: kids just need to draw lines on a piece of paper or mobile device to program the tiny robot. As they get more comfortable, they can start to program on mobile devices and computers. Now Ozobot is taking a major step forward with the 100 Evo, a new robot that has sensors to interact with its environment, lights, a speaker and social capabilities. While Ozobot's previous devices were aimed directly at kids, it's hoping that Evo can break through to high schoolers and even college students, according to founder and CEO Nader Hamda. The new bot has a shot of appealing to older students simply because it can do a lot more than before.