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AIM Intelligent Machines retrofits bulldozers and excavators with AI to automate earthmoving from Redmond HQ
AIM Intelligent Machines is retrofitting existing bulldozers and excavators with an AI-driven platform that can take control for earthmoving operations, developing the technology at its Redmond, Washington headquarters. The startup focuses first on terrestrial construction and mining applications while keeping longer-term ambitions for lunar and Martian terraforming.
By Reuters
Khosla Ventures-led Series A Gives Lexion $11 Million; Wilson Sonsini and Madrona Join Existing Investors
Lexion, a Seattle-based AI contract-management startup spun out of the Allen Institute for AI in 2019, raised $11 million in an oversubscribed Series A led by Khosla Ventures. Previous investors Wilson Sonsini Goodrich & Rosati and Madrona Venture Group, who backed its $4.2 million 2019 seed round, participated in the round.