Search results for UMA
Industry
Tesla Optimus key developer launches humanoid startup, lines up 50 potential customers
An engineer who worked on Tesla’s Optimus humanoid robot has launched a new humanoid robotics startup in Europe, aiming to deploy general-purpose AI humanoids in manufacturing and logistics. Remi Cadene, co-founder and CEO of Paris-based UMA, unveiled plans for its Northstar robot and said the company is discussing adoption with about 50 potential customers. UMA plans to start industrial pilot programs this year and prioritise Europe.
Crypto
DCG-backed Uma launches Bittensor investment fund for institutions
Uma, backed by Digital Currency Group, has launched an institutional investment product called the Uma Total Market Fund. The fund offers exposure in one vehicle to Bittensor’s native token TAO and AI-focused subnets, allowing institutions to invest across the Bittensor ecosystem without selecting individual subnet tokens. Uma said the combined value of 128 subnets exceeds $900 million. Interest and related products tied to TAO are also expanding among asset managers.
Games & Commerce
Kakao Games stake deal completed, top shareholder changes to Line Yahoo
Kakao Games\' largest shareholder has changed from Kakao to a special purpose company backed by Japan\'s Line Yahoo, after a share sale and a third-party allocated capital increase were completed. The deal also completed the payment of 300 billion won in new funds. The new top shareholder is LAAA Investment, which holds 33.43 percent. Line Yahoo and related parties hold 38.95 percent in total, while Kakao\'s stake fell to 14.68 percent.
