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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

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.

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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Director: Bill Maris (formerly of GV/Google Ventures) Investment interests: Health care investments. Core Innovation Capital. Fika Ventures. Section 32. www.section32.com.

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Qulab Applies Artificial Intelligence To Drug Design

socalTECH

Qulab is the brainchild of founder and Cel Alireza Shabani, who most recently was part of the Google Quantum Artificial Intelligence Lab in Los Angeles, and prior to that was a post-doctoral resaercher at Princeton and UC Berkeley. He also attended USC's Viterbi School of Engineering as a Ph.D.

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Cylance Gets $20M For Security Tools

socalTECH

Cylance says it is developing endpoint protection software which uses "math-based" and artificial intelligence technology to detect and prevent security issues. Cylance says it is applying artificial intelligence, algorithmic science and machine learning to cyber security. READ MORE>>.

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Halla Finds $1.4M For Online Grocery Personalization

socalTECH

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M

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Elon Musk Backs Billion Dollar Artificial Intelligence Effort

socalTECH

Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research.

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What’s the Business Model for Artificial Intelligence in Healthcare?

Xconomy

These are heady times for using artificial intelligence to extract insights from healthcare data—in particular, from the tidal wave of information coming out of fields like genomics and medical imaging. This story is part of an ongoing Xconomy series on A.I. in healthcare.