Key Deals of the Week 01.01-14.01.21
Medium deals (from $ 15 million to $ 75 million)
Robotics
January 4, 2021. AMP Robotics, a Denver, Colorado-based startup that builds robotic systems for sorting garbage, has announced the closure of its $ 55 million B round with XN as the lead investor.
The funds will be used to scale the business and develop applications based on artificial intelligence technology.
AMP Cortex, the company's robotics control system, uses a combination of artificial intelligence algorithms and physical robots to control sorting.
Analysts predict that by 2024 the market for robotic garbage sorting equipment should reach $ 12.26 billion, increasing by an average of 16.52% per year.

Mobility
January 5, 2021. COxbotica, a UK-based autonomous vehicle software company, has announced a $ 47 million raise in its Series B round led by BP Ventures.
The startup says the funding will be used to accelerate the commercial rollout of its software platform in key industries and markets.
Some experts predict the pandemic will accelerate the adoption of autonomous delivery vehicles.
Self-driving cars, vans and trucks promise to minimize the risk of spreading disease by limiting contact with drivers.
Oxbotica was founded in 2014 by Oxford University professors Paul Newman and Ingmar Posner, who aimed to create software that drives autonomous vehicles, independent of expensive third-party infrastructure.
Large deals ($ 75 + million)
FinTech
January 5, 2021. Divvy, a corporate expense management service, raised $ 165 million. Investors were PayPal Ventures, Hanaco, Insight Venture Partners, Whale Rock, Schonfeld, NEA, Acrew and Pelion.
The company previously raised a little over $ 250 million.
In 2020, Divvy was included in the list of 50 most interesting companies, future "unicorns", according to the analytical company Fast Company.
Divvy was founded in 2016 and focuses on the greatest possible automation with its own cloud platform. The service combines a smart credit card for employees with expense management software.
logistics
January 5, 2021. ILobby, a provider of visitor management (inbound and outbound tracking and identification) software, has raised $ 100 million from Insight Partners.
Founded in 2013 in Toronto, Canada, iLobby offers a range of computer vision-based automated tools to optimize inbound and outbound emails, deliveries and visitors. Among the clients of the service are such companies as: Boeing, FedEx, Hershey, Pepsi, Nikon, Pearson International Airport, Scotia Bank and LG.
SaaS
January 6, 2021. Pax8, a provider of a SaaS platform that makes it easier to centralize provisioning, subscription management, and billing through the cloud, announced a $ 96 million raise.
The round was led by Catalyst Investors and Sageview Capital, joined by current investors: Blue Cloud Ventures and Liberty Global Ventures.
Pax8 recently announced the acquisition of Wirehive, a British consulting company. Terms of the deal were not disclosed.
Cloud Technology
January 6, 2021. Dremio, a startup that offers tools to simplify data storage (cloud storage), has announced raising $ 135 million in Series D. Post-money valuation - $ 1 billion.
Sapphire Ventures led the round, with existing investors Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures and Cisco Investments also participating.
The total volume of external financing of the company was $ 250 million
The company was founded in 2015 in California (USA).
According to a recent report by Allied Market Research, the global data warehouse market was estimated at $ 18.61 billion in 2017, with an average annual growth of 8.2% from 2018 to 2025.
