Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
CES kicks off this week with scaled-back hybrid event
The annual Consumer Electronics Show kicks off this week with a mix of virtual and live events showcasing up-and-coming technology and gadgetry from both upstarts and industry giants.
This year, more than 2,200 companies are reportedly expected to exhibit in person at CES, which will run from Jan. 5-7h. In the last pre-COVID CES, about 4,400 companies exhibited at the gathering.
Pandemic-related concerns, in particular the surge of the omicron variant, prompted organizers to shorten the event by one day, closing the CES after Jan. 7.
— Joanna Glasner
DataQube raises $35M
Cambridge, U.K.-based DataQube, a developer of scalable data center technology, raised 26 million euros ($35 million) in a Series A funding round backed by Paris-based RGreen Invest.
— Joanna Glasner
Funding round
AIMMO lands $12M: South Korea-based AIMMO, developer of software for data labeling, raised $12 million in a Series A round backed by DS Asset Management, Industrial Bank of Korea, Hanwha Investment Bank & Securities, S&S Investment, Toss Investment, Korea Asset Investment & Securities and Venture Field.
— Joanna Glasner
Illustration: Dom Guzman
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