Luxe, a provider of on-demand valet parking and car services, has raise a $50 million Series B investment round. Hertz Global Holdings led the round, with participation from existing investors Redpoint Ventures and Venrock. “Our mission has always been to make car ownership as painless and easy as possible,” said Curtis Lee, CEO, and Co-Founder, Luxe. “I couldn’t be prouder of what our team has accomplished and now with Hertz, as a partner, we are looking to make using a rented car just as seamless.”
Globality, which is developing a platform to facilitate cross-border trade, has secured a $27.25 million Series B funding round. The company will use the new funds to hire talent to build its platform, which uses artificial intelligence nad human curation to help small and midsize companies trade globally. “Small and midsize companies have largely been on the sideline when it comes to global business opportunities. Making globalization work requires a new and robust platform that eliminates frictions in global trade and creates ‘micro-multinationals’ able to compete globally,” said Joel Hyatt, chairman, CEO and co-founder of Globality.
x.ai, an artificial intelligence company offering a robotic personal assistant, has raise $23 million in Series B financing led by Two Sigma Ventures. DCM Ventures and Work-Bench Ventures joined the round as new investors, and all of the company’s previous investors IA Ventures, Firstmark Capital, Softbank Capital / SBNY, Lerer Hippeau Ventures, Crunchfund, and Pritzker Group Venture Capital, all participated. “Amy relieves a huge amount of pain for our beta customers, saving them hours each week,” said CEO/Founder Dennis R. Mortensen. “This financing will allow us to extend our exceptional data science team and will support the rollout of our pro and business editions later this year. And our pricing will reflect our commitment to democratizing the personal assistant.”