TechTaffy

tech:

taffy

Fetch Robotics Raises $3M

By TechTaffy Desk

Fetch_Robotics

Fetch Robotics, a company building robots for the logistics industry, has raised $3 million in Series A financing from O’Reilly AlphaTech Ventures and Shasta Ventures. Fetch Robotics will use the funding to bring their inaugural robots to market. Melonee Wise has been named CEO of the company.

The first robots from Fetch Robotics will be introduced in Q2 of this year.

[Image courtesy: Fetch Robotics]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.