202027 Oct

The Briefing: AMD Buying Xilinx For $35B, Rockset Raises $40M, Moxie Launches Fitness Studio, And More

Summary

Semiconductor maker Advanced Micro Devices (AMD) announced it will buy chipmaker Xilinx in a $35 billion all-stock deal that stands to intensify its rivalry with Intel in the data center chip market. Sequoia Capital led the oversubscribed round with participation from Greylock Both firms co-led Rockset’s Series A in 2018. • Apeel bags $30M: Apeel, which develops plant-derived shelf life extension technology for fresh produce that improves quality and reduces food waste, announced $30 million in new funding from the International Finance Corporation, Temasek and Astanor Ventures. • The Engine raises $230M for second fund: The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies focused on climate change, human health and advanced systems, announced its Fund II with $230 million in commitments. The integration of the two platforms will enable data liquidity for providers, technology vendors and payers to decrease time spent on cloud implementation.

Source: Crunchbase

Funding

$8.36M
Amount
Oct 27 2020
Date
-
Investor
Leading Edge Equipment Technologies
Company

Classifications

Companies