PANews reported on May 21 that, according to the Wall Street Journal, Reno-based parts manufacturing company SendCutSend has secured $110 million in funding led by Sequoia Capital and Paradigm. The company provides instant online quotes and 24-hour delivery for parts to a wide range of industries, from hobbyists to AI robotics and defense. Founder Belosic, who previously considered venture capital "expensive money," changed his mind after exhausting his credit lines. The funding will be used to build a new factory, purchase equipment, expand its laser welding business, reduce prices, and shorten delivery times. The deal values ​​the company at $1 billion, reflecting rising investor interest in the U.S. hardware sector amid surging demand.