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2 GoKawiil briefs on this topic

ArXiv secures $17.2 million to fund independence as nonprofit

ArXiv announced multiyear philanthropic commitments totaling $17.2 million from Simons Foundation International, XTX Markets, and Siegel Family Endowment. The funding, pledged over three to five years, will back arXiv's transition into an independent nonprofit organization, covering technical infrastructure, daily operations, and services for researchers worldwide.

Maven Robotics exits stealth with $100M to automate warehouse pallet-building

Maven Robotics, founded in 2024, has raised $100 million from investors including RoboStrategy, LocalGlobe, Vine Ventures, and XTX Markets Ventures to scale its warehouse automation business. The startup builds wheeled, dual-arm robots that perform 'mixed palletizing'—reassembling pallets of goods from multiple factories into custom shipments for individual retail stores. The company plans to manufacture 250 third-generation robots and begin designing a fourth-generation platform.