As AI pervades biotech, what are investors looking for in 2023?
Silicon Valley law firm Cooley recently reported that it “handled 298 disclosable venture capital financings for Q3 2022, representing $8.1 billion of invested capital, continuing a downward trend for both metrics and representing the lowest for both since Q4 2019.”
The firm said that d
6 investors discuss why AI is more than just a buzzword in biotech
As ChatGPT has so aptly demonstrated, AI is now truly entering the mainstream consciousness. That's why we weren't very surprised when a slew of investors told us they rarely see a biotech startup that doesn't incorporate AI in some form or other these days.
“Most of the companies
Alphabet’s Intrinsic acquires DARPA-backed firm behind open source robotics software
Just a few months after buying fellow robotic software firm Vicarious, Alphabet-owned Intrinsic has acquired several divisions within Open Robotics, the company behind the widely used robotics software packages Gazebo and Robotic Operating System (ROS).
Specifically, Intrinsic is buying Open Source
Aztec Network takes on encrypted blockchains with $100M round led by a16z
Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z), the startup's co-founders Zac Williamson and Joe Andrews exclusively told technewss.
“At a high level, Aztec is an encrypted version of Ethereum,” Andrews said. “Normal
Cultivated beef companies tout sustainability. Will it lead to marketability?
The market for lab-grown meat, also called cultivated or cell-cultured meat, is expected to reach $1.99 billion by 2035, growing at an annual rate of 21.4%. Beef is poised to be the dominant segment.
The market got a boost last month when the U.S. Food and Drug Administration gave what amounts to a
Which Instagram ad placement is more cost-effective: Reels, Feed Posts or Stories?
It's time to reconsider how you use Instagram’s advertising tools for your business. With the platform's continuing development, new ad placements and algorithm changes, the creatives, captions and CTA that worked in the past might not deliver the same CPC, reach and engagement in the
Taiwanese startup WritePath's AI tech speeds up financial disclosure translation
In countries where English is not a main language, listed companies not only have to deal with financial disclosure regulations, but also make sure their investor materials are available in English for global backers. WritePath makes the process faster and scalable by combining its AI tech with hum
Egypt’s Suplyd raises $1.6M to digitize restaurants supply chain
Suplyd, a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 million pre-seed funding from Endure Capital, Seedstars, Camel Ventures, Falak Startups, Outlierz, Plus Ventures, Fort, Alex Angels and a number of other strategic and angel investors.
Murmur gets a loud ask: Reinvent closed-door decisions
The conversation in startup land has shifted from building in public to, hey, maybe let's just figure things out internally before we scream to the masses.
At least that's what I'm gleaning from the growth story of Murmur, a startup that wants to make decision-making easier for private
How SmartHelio aims to fix solar panels before they break
It’s commonly held that solar panels need as much sun as they can get. That’s true, but only up to a point, as heat and other hazards can become a serious problem beyond that point, and solar panels can degrade pretty quickly.
SmartHelio wants to help prevent that from happening. The st
Despite the Crypto Winter and other scandals, blockchains seem here to stay in the sports betting market
According to Grand View Research, the global sports betting market is expected to grow to $182.12 billion in revenue by 2030, up from $76.75 billion last year.
So we are seeing a number of startups throng around this market. Thus, HotStreak, a web3 platform for daily fantasy sports (DFS) contests,
Dear Sophie: When can I register my employee for the H-1B lottery?
Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies.
“Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their drea
In a turbulent market, it’s time to get methodical about sales
During an economic downturn, it's easy to focus on negative headlines about layoffs and declining business performance. But revenue teams still have targets to meet. Now is the time to get creative.
So how do you drive accountability at a time when every sale matters?
Sales mana
Bollywood star Deepika Padukone’s skincare startup attracts VC backing
Deepika Padukone’s skincare startup 82°E, pronounced Eighty Two East, said Wednesday it has raised $7.5 million in seed funding, as the Bollywood star makes a further push into the startup world.
DSG Consumer Partners and IDEO Ventures are among those who backed 82°E, said the startup, whic