FUELING THE FUTURE: $15M for Atom Computing | $120M for Greenlight Guru | Argo AI & Ford
August 5, 2021
CARY, NC—Quantum computing firm Atom Computing closed on a $15 million round, and has named Rob Hays, Lenovo’s former chief strategy officer, as its new CEO who will open the company in Cary. The firm chose the location for its close proximity to potential partners, as well as the quantum-versed talent at nearby IBM, Microsoft, and North Carolina State University.
DURHAM, NC—Solid-state cooling and heating technology firm Phononic has secured a $50 million infusion from Goldman Sachs Asset Management’s new Environmental, Social and Governance (ESG)-focused fund to support the global demand for sustainable innovations that address climate change.
INDIANAPOLIS, IN—Software scale-up Greenlight Guru inked a deal with JMI Equity for $120 million — the largest single investment ever in an Indiana tech company. Greenlight Guru is known for pioneering a new category of quality management software specifically designed to boost the success of medical devices.
PITTSBURGH, PA—Argo AI and Ford announced plans to launch at least 1,000 self-driving vehicles on Lyft’s ride-hailing network in a number of cities over the next five years. Lyft users will be able to make reservations for Ford L4 autonomous vehicles in designated areas through the app. The car model used will be the Ford Escape Hybrid, which will be equipped with human safety operators.