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Hyundai takes a controlling stake in an iconic robotics company, Twitter acquires a screen-sharing startup and we round up some security-themed gift ideas. This is your Daily Crunch for December 11, 2020. | | | |
Boston Robotics is behind a number of impressive robots, including the dog-like quadruped Spot. Over the past decade, it’s changed ownership several times, with Google acquiring it in 2013, then selling it to Japanese investment giant SoftBank in 2017. After today’s deal, which values Boston Robotics at $1.1 billion and is subject to regulatory approval, SoftBank will still own a 20% stake . “Boston Dynamics will benefit substantially from new capital, technology, affiliated customers, and Hyundai Motor Group's global market reach enhancing commercialization opportunity for its robot products,” Hyundai said in a press release. Read more | | Image Credits: Boston Dynamics | | |
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| Image Credits: Smith Collection/Gado / Getty Images | | |
Startups, funding and venture capital Gorillas, the on-demand grocery delivery startup taking Berlin by storm, has raised $44M Series A — Gorillas delivers groceries within an average of 10 minutes. Sweden's Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers — Tink aggregates a number of banks and financial services by way of an API. Benchmark fills out its, yes, bench, with Miles Grimshaw — From his post as a general partner with New York-based Thrive, Grimshaw sourced deals in Lattice, Mapbox, Benchling and Airtable. | | Image Credits: Gorillas | | |
| Image Credits: gorodenkoff / Getty Images | | |
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