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      Mecka AI Nears Funding Round Led by Sequoia, Valuation Around $500M

      PANews, September 12 – According to TechCrunch, two sources familiar with the matter have revealed that Mecka AI, a startup focused on collecting and analyzing human motion data to train humanoid robots and other robotic systems, is nearing the close of a new funding round led by Sequoia Capital, at a valuation of approximately $500 million. The exact amount of this funding round has not yet been disclosed, and the terms of the deal have not been finalized.

      This funding round comes just three months after Mecka's previous round; that earlier round was led by Framework Ventures, with participation from Menlo Ventures, SV Angel, and Kindred Ventures, raising $60 million.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud