Austin funding news: Artificial intelligence and real estate top recent local investments

Austin funding news: Artificial intelligence and real estate top recent local investmentsPhoto: Diligent Robotics/Facebook 
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Published on October 08, 2019

Austin-based robotics company Diligent Robotics has secured $3 million in seed funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced Oct. 1 and led by Ubiquity Ventures.

According to its Crunchbase profile, "Diligent Robotics [creates] robot assistants that assist people with chores... Moxi is our hospital robot assistant that helps clinical teams with their routine, non-patient facing tasks so they have more time for patient care."

The three-year-old startup has raised two previous funding rounds, including a $2.1 million seed round in 2018.

The round brings total funding raised by Austin companies in artificial intelligence over the past month to $35 million. The local artificial intelligence industry has seen 36 funding rounds over the past year, raking in a total of $311 million in venture funding.

In other local funding news, information services and building maintenance company Prefix announced a $2.7 million seed funding round on Oct. 2, led by Chicago Ventures.

According to Crunchbase, "PreFix enables you to stop spending time worrying about your home and save 30 to 50 percent off annual maintenance costs."

The company also raised a $1.2 million convertible note round in 2017.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.