Startup Tiltify wants to use lessons from Twitch's success in the gaming industry to change the way charities interact with their audiences. A recent $6.5 million raise will help them do just that.
The Los Angeles-based crowdfunding platform was launched in 2014 by Michael Wasserman and Mark Russell to get younger generations participating in charity fundraisers.
Tiltify co-founder Michael Wasserman.
Beyond Limits, a Glendale, Calif.-based company that builds human-like reasoning into its artificial intelligence, has taken its tech from outer space onto factory floors and to hospitals.
Now as it seeks to expand its global footprint, the company said it raised $133 million in Series C funding. In addition to an expansion of its services, it hopes to build up its software platforms.
The round was led by Group 42, an artificial intelligence and cloud computing company in Abu Dhabi, and its longtime and ongoing partner bp ventures, an investment arm of the British energy group. Founded in 2014, Beyond Limits is based on technologies developed at Caltech and NASA's Jet Propulsion Laboratory and funded by NASA and the Department of Defense.