Kleiner Perkins led a $150m round in Motive.

Kleiner Perkins, an American venture capital firm, led a $150m round in Motive, a company combining IoT hardware with AI-powered applications to connect and automate physical operations, with participation from AllianceBernstein. “We continue to execute against a bold mission to empower the people who run physical operations with AI to make their work safer and more productive. This funding allows us to extend our AI leadership, enter new markets, and expand our teams to support the world’s largest and most complex operations,” Shoaib Makani, Motive CEO and Co-Founder.