Unlearn.ai, a company that designs software tools for clinical research, today announced that it secured $12 million in equity financing. Unlearn’s “digital twin” approach to trials, in which digital models are used in place of real test subjects, could reduce the number of people required to run a trial without sacrificing standards of evidence. Unlearn’s […]
Vast Data raises $100 million to develop storage solutions for AI workloads
Vast Data, a company developing large-scale flash storage solutions, today announced that it raised $100 million at a $1.2 billion valuation (up three times since February 2019). CEO Renen Hallak says it’ll be used to drive expansion and lay runway for the startup’s future growth, which bodes well for customers like the National Institutes of […]
Kebotix raises $11.5 million to automate lab experiments with AI and robotics
Kebotix, a startup developing AI tools to expedite the discovery of chemicals, today announced that it raised $11.5 million. Investors were evidently impressed by its machine learning and robotic process automation suite, which enables Kebotix’s private and public sector partners to uncover materials faster than manual techniques. Chemical development is a complex process that requires […]
Breaking Walls raises $1.75 million to make Away, an animal-survival game
Montréal-based Breaking Walls has raised $1.75 million for Away: The Survival Series, a game where play as an animal trying to survive in the wild. The game lets you play as a small flying and walking animal known as a Sugar Glider, and it will help convey the effects of climate change on nature, said […]
Vela Games raises $3.1 million for player-first co-op games
Vela Games, a new game studio in Ireland founded by former Riot Games and Electronic Arts veterans, has raised $3.1 million to make player-first multiplayer co-op games. London Venture Partners (LVP) led the round for the Dublin-based studio, with additional funding from existing investor IIU. This round allows the Dublin based studio to deliver their […]
Glassbox raises $40 million to track customer journeys with AI
Glassbox, which designs automated solutions to optimize web and mobile apps, today announced that it raised a $40 million funding round. CEO Yaron Morgenstern says it’ll be used to expand the company’s team globally and further enhance Glassbox’s existing products. “Now more than ever, enterprises must be synced and engaged with consumers’ every want and […]
Bringg raises $30 million for a logistics platform that helps companies compete with Amazon
Bringg, a software-as-a-service (SaaS) delivery logistics platform, has raised $30 million in a round of funding from Salesforce, Viola Growth, Siemens’ Next47, OG Ventures, and GLP. The raise comes as demand for delivery services has surged over the past month, with consumers and businesses forced into lockdown due to the COVID-19 crisis. Founded out of […]
98point6 raises $43 million to expand its AI-powered telehealth service
98point6, a telemedical startup whose platform pairs clinicians with AI to provide text-based care, today announced that it secured $40 million in financing. CEO Robbie Cape, a former Microsoft executive and the founder of the family organization company Cozi, said the capital would be used to hire three times more physicians by the end of […]
Qcraft raises over $24 million to train autonomous vehicle systems in simulation
Qcraft, a robotics startup focused on autonomous vehicles (AV) development, this morning announced that it raised over $24 million in seed funding. The company says it’ll use the capital to further develop its large-scale intelligent simulation platform, which generates driving scenario data that enable engineers to optimize autonomous systems’ motion planning and decision-making. A simulation-based […]
Qarnot Computing raises $6.5 million to heat buildings with wasted energy from cloud computing
Qarnot Computing has raised $6.5 million for its system that captures the heat from computers and repurposes it for residential and business climate systems. Rather than build a centralized data center, which requires huge amounts of energy to cool, Qarnot has developed a distributed architecture that places its processing machines in people’s homes in units […]