San Diego-based autonomous vehicle company TuSimple has secured $95 million in Series D funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced February 13 and led by Sina.
According to its Crunchbase profile, "TuSimple is an innovative technology company that is devoted to the development and application of artificial intelligence and computer vision technologies."
The three-year-old startup has raised three previous funding rounds, including a $55 million Series C round in 2017.
The round brings total funding raised by San Diego companies in science and engineering over the past month to $125 million. The local science and engineering industry has seen 67 funding rounds over the past year, raking in a total of $2.4 billion in venture funding.
In other local funding news, medical company Halozyme Therapeutics announced a $30 million post-IPO equity funding round on February 6, financed by arGEN-X.
According to Crunchbase, "Halozyme Therapeutics is a biopharmaceutical company developing and commercializing products targeting the extracellular matrix for the insulin, cancer, dermatology and drug delivery markets. The company's product portfolio is based primarily on intellectual property covering the family of human enzymes known as hyaluronidases and additional enzymes that affect the extracellular matrix. Halozyme's Enhanze(TM) technology is a novel drug delivery platform designed to increase the absorption and dispersion of biologics."
Founded in 1998, the company has raised three previous rounds, including a $150 million post-IPO debt round in 2016.
Meanwhile, legal and fintech company Trust & Will raised $1.5 million in seed funding, announced on January 24. The round's investors were led by Rise of the Rest.
From the company's Crunchbase profile, "Trust & Will is an online service providing legal forms and information. They are not a law firm and are not a substitute for a lawyer’s advice about complex estate planning."
Trust & Will last raised $530,000 in pre-seed funding in 2018.
Also of note, developer platform company GoMeta raised seed funding, announced on February 6 and financed by Next 10 Ventures.
From Crunchbase, "GoMeta allows non-technical individuals and organizations to create, share, and discover interactive content. The platform consists of Metaverse Studio, a drag and drop editor for creating games, Metaverse Browser, a cross-platform mobile application for viewing experiences, the Metaverse embedded SDK, and YAS - Live Gameshow, a real-time app that features the best Metaverse creations for thousands of live players."
The company previously raised $2.2 million in seed funding in 2016.
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