TechTaffy

tech:

taffy

Aisle411 Raises $6.3 Million Series A Round

By TechTaffy Desk

aisle411

Aisle411 has raised a $6.3 million Series A round of financing led Cultivation Capital. Investors in the round also include Don Dodge, who will serve as an official advisor to the aisle411 team, as well as Plug & Play Ventures, the St. Louis Arch Angels, the Billiken Angels, and the Springfield Angel Network. The latest investment brings the total funding raised by aisle411 to over $10 million.

Aisle411’s provides a proprietary indoor retail mapping and location service and mobile platform, that allows shoppers to navigate through retail stores. Aisle411 customers include Walgreen’s, Home Depot, and Hy-Vee, among other retailers.

[Image courtesy: Aisle411]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.