Drones: Skydio is emerging as the de facto drone rival to China’s DJI by focusing on autonomous software. The California startup announced a $100 million Series C this week, using the occasion to unveil its new X2 enterprise drone (pictured above).
Robotic process automation: RPA has piqued investors’ interest during the pandemic. On Tuesday, RPA startup UiPath got a piece of the excitement, raising a $225 million Series E and unlocking decacorn status with a $10.2 billion valuation.
Telemedicine: Yesterday, Doctor on Demand announced a $75 million Series D. Something, something, years of telemedicine adoption in months…
Chipmaking: Chinese startup Eswin raised a $283 million Series B. The deal was a month ago, but I’m still including it because 1) that’s a large Series B and 2) China developing chip self-sufficiency is a key storyline of the 2020s.
EVs: As Tesla’s stock hangs out in the stratosphere…
- Ford- and Amazon-backed Rivian raised $2.5 billion in fresh financing last week.
- Karma Automotive received a $100 million lifeline from investors, per Bloomberg.
- Fisker recently raised $50 million to hold it over until a Q4 IPO (more on that below).
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