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San Diego-based Nervana Systems , a startup developing hardware specifically aimed at artificialintelligence software, has raised $600,000 in a funding round. The company--led by Naveen Rao--says it is developing computer hardware specifically for "deep learning". Aditya Agrawal, Ruchi Sanghvi, and SV Angels.
New research has found that San Francisco and London have become two of the world’s leading hubs for VC investment into tech solutions that address one or more of the 17 UN’s Sustainable Development Goals (SDG), more commonly referred to as “Impact Tech” They are followed by Paris, Berlin, Stockholm, Shanghai and Beijing.
Los Angeles-based Qulab , a biopharmaceuticals startup developing artifical intelligence software aimed at small molecule drug design, said on Wednesday that it has launched its first product, Quleap. He also attended USC's Viterbi School of Engineering as a Ph.D.
A brand new, Los Angeles-based artificialintelligencestartup, Halla , announced on Wednesday that it has raised $1.4M According to Halla, the funding was led by E&A VentureCapital, an early stage food industry investor, and also included SOSV. The company said it has now raised a total of $1.9M
Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week’s most noteworthy venture deals, fundraises, M&A transactions and trends. Let’s take a quick moment to catch up. Haus, like any good consumer startup in 2019, is shipped directly to your door.
These are heady times for using artificialintelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. How can startups make money in this emerging field? This story is part of an ongoing Xconomy series on A.I.
He and I once took different sides of an debate about whether “VC signaling&# in early-stage deals is a serious problem or not. So it was fun to turn the cameras on him for 45 minutes for a special “NY edition of This Week in VC&# and hearing his views. Such that during that time, Chris “learned how to learn.”.
I became a VC 12 years ago in 2007 when the pace of deals was much slower. I had just left Salesforce.com where I was VP, Products, after they had acquired my second startup. It proved to be fortuitous because it allowed me the time & space I needed to get to know tons of founders and VCs and to hone my craft.
March Capital Partners , the Los Angeles-based venturecapital firm, has raised $300 million for its latest fund. Those two San Francisco-based operations have been a pipeline for interesting startups that have become March portfolio companies. And the firm is also looking at other opportunities.
San Diego-based Qualcomm announced on Wednesday that it has launched a brand new, venturecapital investment fund, which will focus only an artificialintelligence. The first investment out of the fund is in AnyVision , a startup working on face, body, and object recognition. READ MORE>>.
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venturecapital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Startup Spotlight: Landline.
San Diego-based Reveal Biosciences , a startup applying artificialintelligence (AI) and machinelearning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.
In startup world these days, the word “biotech” is increasingly accompanied by “computational” and two, two-letter initialisms: AI and ML. Another startup looking to take advantage of those improvements, South San Francisco-based Genesis Therapeutics, has scored $4.1 Andreessen Horowitz, also.
Fridays can be the most productive work day, as you look to shore up everything before the weekend starts. This week, we’re focusing on artificialintelligence, one of the buzziest fields in tech. Fear not: Xconomy has done the work for you, bringing a smattering of some of the most interesting reads out there.
Los Angeles-based venture investor TenOneTen Ventures is one of the investors in a newly launched startup, which is looking to use artificialintelligence and DNA testing to identify autism and other medical conditions. The startup recently graduated from Y Combinator, and is based in the Bay Area.
Los Angeles-based Pearl , the machinelearningstartup which was spun out of advertising AI software startup GumGum , has raised $11M in a funding round, which came from Craft Ventures, as well as un-named strategic investors.
Los Angeles-based fintech startup InvestCloud and seed-stage venturecapital fund Stage Venture Partners have announced a new collaboration, where Stage will move into InvestCloud's "Innovation Center" in Los Angeles. Stage says it recently raised its second fund. READ MORE>>.
While current technologies are not quite advanced enough to make Westworld a reality, startups are attempting to replicate the sort of human-robot interaction it presents in virtual space. I think in this age and time, that’s not what we want to get into,” Xinjie Ma, who heads up marketing for rct, told TechCrunch.
Carlsbad-based NextWave Ventures , a venturecapital investor which focuses on commercializing early stage technology, said it has launched a new artificialintelligencestart, Apical Technology. The startup was founded by Ron St. Size of the investment in Apical Technology was not announced.
Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificialintelligencestartup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machinelearning platform to deliver AI-as-a-Service from discovery to deployment.
Woodland Hills-based REX Real Estate Exchange , a startup which helps homeowners sell their homes without using an MLS, has raised $15M in a Series B funding. Ryan said that the company uses artificialintelligence and machinelearning--plus such things are social media and targeted advertising--to find prospective home buyers for homes.
San Diego-based AlphaTrAI , a fintech startup which is backed by venturecapital investor Analytics Ventures, says it is launching its own, extrenal fund, and is expanding its leadership team. the founder of Hightree Advisors, to its advisory board.
Los Angeles-based Ferret, a startup working on artificial inteligence software to help people determine who they can trust, has raised $4M in a seed funding round, according to the company. The company said it is developing machinelearning algorithms which help users determine who they can trust in real time.
[ Updated 12/27/18, 9:54 am ] Manoj Saxena is bullish on artificialintelligence. startup CognitiveScale and managing director of The Entrepreneur Fund , which makes investments in early-stage machinelearning companies, Saxena believes A.I. As chairman of Austin, TX-based A.I. As chairman of Austin, TX-based A.I.
Let’s catch up with the latest tech news in San Diego. —San Diego’s AON Devices was among 10 startups selected to compete at a recent pitch competition hosted by the corporate venturecapital arm of Qualcomm (NASDAQ: QCOM ). Read more » Reprints | Share:
Los Angeles-based Moonshots Capital , the venturecapital investment firm led by Kelly Perdew and Craig Cummings, has raised its first official fund, a $19M seed stage venture fund. Moonshots said the new fund will focus on seed stage deals, holding reserve capital for follow-on pro rata.
Los Angeles-based LegalMation , a startup which develops artificialintelligence and machinelearning-based software for litigation and law practices, has raised a round of funding, according to the company. Size of the funding was not announced.
Artificialintelligence innovation has become part of our everyday lives—retailers use it to tailor the product recommendations they make; biotech companies hope it can create customized medicine. But its shortcomings, born of human biases, are becoming apparent as well. A new organization called Ada-AI, which is based in.
Los Angeles-based JOANY , a local startup which uses big data, machinelearning and predictive modeling to recommend insurance to consumers, said on Wednesday that it has renamed itself from its prior brand, Impact Health. READ MORE>>.
Papaya is a Los Angeles-based startup with a mission to do just that. The company’s mobile application lets users take a photo of any bill and then its artificialintelligence-powered “bill-understanding technology” makes sure it gets paid (after a user has provided payment details, of course). In this respect, the U.S.
Here's a rundown of some of the venturecapital investors who have set up shop in Southern California, plus those with big new funds, which have been announced so far since January of this year. Watertower Ventures. Fika Ventures. Core Innovation Capital. www.watertowerventures.com) Fund size: $5M.
Irvine-based technology distributor Ingram Micro has made an investment in e-commerce logistics startup HDS , which is developing a robotics system which uses artificialintelligence and mobile, articulated robots for the logistics industry. HDS is based in Palo Alto, California.
San Diego-based Harvest.ai , a startup which says it was created by former, NSA field operation team members, has raised $2.3M said it is developing artificialintelligence-based, data loss prevention software, which helps prevent data breaches from organizations. The funding round came from Trinity Ventures. Harvest.ai
Reali , a Silicon Valley startup which offers up a high-tech, and artificialintelligence-enabled real estate service, said this week that it has raised $20M in a Series B funding round, which it specifically will use to launch in Southern California.
Riot Ventures , the Los Angeles-based, early-stage and deep technology investment firm is going out to market to raise a $75 million second fund to finance the development of startups in LA and beyond, according to fundraising documents viewed by TechCrunch. Oculus, Snap, Tinder and others.
Los Angeles-based Sunbit , a fintech startup which provides point-of-sale financing for purchases, using machinelearning to qualify consumers, has raised $26M in a Series B funding round, the company said this week. The funding was led by Zeev Ventures, and also included Group 11 (formerly SGVC), Chicago Ventures, and others.
Venice, California-based Thankful, a new artificialintelligence software startup focused on customer service, announced this morning that it has raised $12M in its Series A funding round. The funding was led by Alpha Edison, and also included Bonfire Ventures, Ten-One-Ten, Greycroft, Omega, and Miramar Ventures.
A new, Los Angeles venturecapital fund, AET Fund said on Wednesday that it has raised $50M to make investments in entertainment technology, and hired someone to head up its U.S. AET Fund said that so far, it has made investments in six different startups, including HypeVR, FABLE STUDIO, Tyffon Inc., investment efforts.
Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). But we have to acknowledge that the industry has changed.
Embodying the tensions that cities across the world face as they wrestle with controlling a pandemic in dense, urban environments, Urban-X , the accelerator for technology startups focused on the problems cities face, has launched its eighth, fully remote, cohort. “Long term, we are bullish on cities.
Los Angeles-based venturecapital investor TenOneTen Ventures is one of the backers in a round for consumer debt collection technology startup TrueAccord , which was announced this morning. The Series B funding for San Francisco-based TrueAccord was worth $22M, and was led by Arbor Ventures.
He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. Snap, Riot Games, Tinder, SpaceX and on and on — these are great things for LA as is every new VC fund launching in LA to create the next big innovation. And this is true.
Chicago-based venturecapital investor Pritzker Group VentureCapital announced this morning that it is expanding its efforts to invest in early stage companies in Los Angeles, and has moved partner Gabe Greenbaum to Los Angeles. Greenbaum had been based at Pritzker's home office in Chicago.
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