Locus Robotics Corporation, a robotics company that manufactures technology for e-commerce warehouses and distributors, has raised $25 million in a Series B funding round led by Scale Venture Partners. The 17 year-old VC firm based in northern Silicon Valley has approximately $1 billion in AUM and focuses on early-stage internet, cloud computing, and SaaS startups. The recent round of funding indicates support for the hardware industry behind warehouse and manufacturing automation technology.

On October 19th, Lyft announced a new round of $1 billion in financing led by CapitalG, Alphabet’s growth-focused venture capital fund. The capital raise increases Lyft’s valuation by just under 50%, from $6.9 billion to $11 billion. The investment is accompanied by CapitalG partner David Lawee assuming a seat on the Board of Directors at the startup. Taking advantage of competitor Uber Technologies’ recent corporate troubles, Lyft’s new valuation is their most recent strategic play in steps toward expansion and increased market share.