Plus, a work video communication startup raises $11 million, and an artificial intelligence company raises $4 million.
2 min read
Opinions expressed by Entrepreneur contributors are their own.
Rivian, an electric truck start-up, announced a $700 million investment round led by Amazon. Rivian plans to launch an electric pickup and electric SUV in the U.S. in 2020. The start-up will remain an independent company.
Loom, a work communication tool that helps you get your message across through instantly shareable videos, raises $11 million. The round was led by Kleiner Perkins. Loom has also announced the launch of its PC and Mac apps.
Kairos, an artificial intelligence company that specializes in facial recognition, raises $4 million. In the next two few years, Kairos might develop projects in cybersecurity, digital onboarding, and emotional analysis.
Related: Why Timing Is Everything When Chasing a New Business Idea
Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.
Click here to become a part of this growing video network.