Private Equity
Auto Added by WPeMatico
ROSS Intelligence lands $8.7M Series A to speed up legal research with AI
Armed with an understanding of machine learning, ROSS Intelligence is going after LexisNexis and Thomson Reuters for ownership of legal research. The startup is announcing an $8.7 million Series A today led by iNovia Capital with participation from Comcast Ventures Catalyst Fund, Y Combinator Continuity Fund, Real Ventures, Dentons’ NextLaw Labs and angels. Read More
Powered by WPeMatico
Petuum secures $93M Series B to push AI into the mainstream
With a shortage of machine learning developers bearing down on the industry, startups and big tech companies alike are moving to democratize the tools necessary to commercialize artificial intelligence. The latest startup, Petuum, is announcing a $93 million Series B this morning from Softbank and Advantech Capital.
Founded last year by Dr. Eric Xing, a Carnegie Mellon machine learning… Read More
Powered by WPeMatico
Our favorite pitches from Alchemist Accelerator’s 16th batch
Alchemist Accelerator, known for its specialty in working with enterprise startups, held its 16th demo day at Microsoft’s offices in Mountain View, California. 18 startups pitched ideas ranging from more traditional marketplaces to frontier aerospace technology. Addressing the packed auditorium before the pitches began, Ravi Belani, managing partner at Alchemist, reasserted his core… Read More
Powered by WPeMatico
TalkIQ raises $14 million Series A to give enterprises AI insights into voice communication
There’s no shortage of startups building their brands around AI for enterprise. And within the enterprise, few spaces are as competitive as AI-powered voice analytics. TalkIQ is the latest company in the space to carry home a large round of financing with promise. With $14 million in Series A funding, the TalkIQ team is hoping its proprietary tech stack and engineering-heavy team will… Read More
Powered by WPeMatico
Here’s all the crazy hardware presented at HAX’s 10th demo day
We stopped by HAX’s demo day at the San Francisco Mint to check out all the hardware startups in the accelerator’s 10th batch. Many of the startups showcased creative combinations of hardware and software, particularly machine learning, to improve upon legacy services and outdated business models. HAX is known for its expertise in prototyping and manufacturing in China. The… Read More
Powered by WPeMatico
Tech’s ‘give back’ moment
We now exist an interesting interstitial moment, one defined by big corporations producing much of the innovation and some of the world’s richest companies – Apple, Amazon, Uber, Facebook – trying to solve big hairy problems. These are the problems that startups would have once solved but because they are so expensive – I’m talking about commercial VR,… Read More
Powered by WPeMatico
A running list of every company backed by the $93B SoftBank Vision Fund
When SoftBank announced the first close of its $93 billion Vision Fund back in May, it was hard to understand how the company would even manage to deploy so much capital in an already saturated ecosystem. For starters, it seemed like a good idea to keep a running list of all Vision Fund investments for reference. We will update this list on a regular basis. Read More
Powered by WPeMatico
$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ridesharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment. To put that into perspective, we’ve put together a list of 10 things you could have bought instead. Read More
Powered by WPeMatico
Reach Robotics closes $7.5M Series A for its augmented reality bots
After years of research and development, Reach Robotics has closed a $7.5 million Series A, co-led by Korea Investment Partners (KiP) and IGlobe, to bring its augmented reality bots to market in a big way. The Bristol-based startup is looking to expand into the U.S., and the team is exploring opportunities for growth into other European and Asian markets. Read More
Powered by WPeMatico
Here are the winners of the Google Cloud machine learning pitch-off
Back in March at Google’s Cloud Next conference, the company announced plans to run its own machine learning startup competition side-by-side with Data Collective and Emergence Capital. Four months later, 10 startups, pulled from a pool of 350+ applicants, presented onstage at Google’s Launchpad Space in San Francisco. The startups vied for three prizes; here are the winners. Read More
Powered by WPeMatico