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Autonomous vehicle arm of Didi raises $149M from state investors

Was Didi’s 2020 autonomous vehicle subsidiary a Chinese equivalent to Uber’s? Since then, China’s tech landscape has changed, with internet firms regulated and foreign investments plummeting due to U.S.-China tensions. Despite Beijing’s data security probe into Didi’s parent company, its AV unit has survived and received new funding. Didi Autonomous …

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Yooga wants its restaurant OS to be ‘Toast of Latin America’

Yooga, a Brazilian restaurant management system developer, received $2.3 million in seed capital. Gilgamesh, Apex Partners, and Backfuture joined SaaSholic in the round. Vinicius Melo, Victor Sortica, and Cassiano Guerra Fernandes co-founded Yooga in 2017 and bootstrapped it for three years before raising $300,000 in a 2020 friends-and-family round. Melo …

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Formant handles data for robotics companies

Ten years ago this December, Google acquired Bot & Dolly and about a dozen other robotics companies. San Francisco-based firm known for special effects work on films like “Gravity,” was merged into a new portfolio with ambitious industry-changing plans. Things didn’t go as planned for many reasons we won’t discuss. …

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