Caroline Shleifer

September 09 2024 – 5 Notable Articles To Read Article: French femtech Sonio acquired by Samsung Electronics Takeaway: The deal is set to close after the company's second round of FDA clearance in 2024, with Sonio's reporting and workflow solution being implemented at several sites across the U.S. Source: Tech.eu Link: https://lnkd.in/daM6RfF5 Article: Sozo Ventures To Raise $500M Fund Takeaway: Founded in 2012, Sozo Ventures invests in and supports IT companies as they expand globally. The firm backs industry leaders in advanced data technologies, e-commerce, enterprise cloud, fintech, IoT, healthcare IT, and other emerging sectors. Source: VCWire Link: https://lnkd.in/dpqBYNfz Article: Exclusive - Intel Corporation CEO to pitch board on plans to shed assets, cut costs, source says Takeaway: The plan will include ideas on how to shave overall costs by selling businesses, including its programmable chip unit Altera, that Intel can no longer afford to fund from the company’s once-sizeable profit. Source: Reuters Link: https://lnkd.in/dxchSssR Article: Active ETFs set to hit $1T in assets Takeaway: The gains represent a significant rise in recent years for active ETFs, which have existed since at least 2006 but didn't reach $100B in assets until 2018, according to ETFGI data. Source: Financial Times Link: https://lnkd.in/dBkHU4RK Article: The IPO Market Will End 2024 On A Low Note Takeaway: The buyer views valuation concerns as a less significant factor holding back IPOs. After the market downturn, many former unicorns had to accept lower valuations. However, that process is largely finished, even if not everyone is satisfied with the outcome. Source: Crunchbase Link: https://lnkd.in/da26NZGp #news #research #business #ai

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We’re officially live with VentureBlick Discovery! 🙌🏼   After months of preparation (and talking about it in concept and on paper), I’m pleased to announce that our Discovery platform – where all key players in the healthcare innovation ecosystem can connect and collaborate – is officially launched!   This journey has not been without its fair share of challenges, and we are still at the very early stages of this platform development, but I can already see the immense possibilities of everyone being able to find each other.   Discovery is designed to bring together advisors, investors, innovators, and distributors from all over the world for better visibility, connections, and collaboration. 💡🩺🌍   It will become more meaningful as more and more people from within the healthcare innovation ecosystem come on board.   I’d like to take this opportunity to thank everyone who contributed to this effort – whether it was by giving feedback at the conceptualisation stage, being one of our early adopters, or socialising this concept within your own network – a big thank you for contributing to our journey! 🙏🏼   This is just the beginning and we’re working hard to introduce more interactive features.   In the meantime, check it out and come on board Discovery! https://lnkd.in/gVtD5y_h If you have any feedback about your experience on Discovery, do share. We will improve it step by step together. #VentureBlick #Discovery #oneplatform #healthcareinnovationplatform

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Suppose you are a VC, Early investor, or CIO trying to keep your eye on the industry trends. In that case, you’ve probably heard already about hallucinations, context shifts, and accuracy measurement problems in LLMs. These scary concepts kill motivation to invest in LLM-based projects and build RnD departments. Are they really so scary? Yes, but just for now, you have a good strategy to cope with them. Is this strategy already known? Yes, old but still one of the most effective approaches- knowledge graphs in combination with fresh new RAGs will allow you to keep your models free of hallucinations, stable in accuracy, and easily adaptable for context change. Btw, do you know that knowledge graphs are seeing as one of the most impactful AI enables during this year?🙌🏻 How big companies like Deutsche Telekom and Microsoft are seeing the future of LLMs adoption you can find here https://lnkd.in/d4B3t56z

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🛍️ Retailers: you can say goodbye to excess inventory headaches! Ganas Ventures is proud to invest in LiquiDonate, the tech that makes it happen, in community. Disney Petit, MBA, and the LiquiDonate team are transforming how retailers manage returns and inventory sustainably. Get in touch with Disney to learn more. #circulareconomy

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Top 10 Funding and Acquisition News 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰 𝐅𝐮𝐧𝐝𝐢𝐧𝐠𝐬 1. Qure.ai AI, a company that uses artificial intelligence in healthcare, has raised $65 million (INR 543 crore) in a Series D funding round. This round was led by Lightspeed Venture Partners and 360 ONE Asset Management. Other investors, including Merck Group Global Health Innovation Fund, Kae Capital, and existing investors like Novo Holdings, HealthQuad, and TEAMFund, also participated. 2. Nurix AI, a company that offers advanced AI services, has secured $27.5 million in funding. This round of funding was co-led by General Catalyst and Accel, with additional support from *Meraki Labs. 3. Atlys, a platform that helps with visa processing, has announced raising $20 million in its Series B funding round. This round was co-led by Peak XV Partners (formerly known as Sequoia Capital India) and Elevation Capital. So far, the company has raised a total of $40 million. 4. Pepsales, a startup that provides Software as a Service (SaaS) solutions, has secured $1.1 million (around INR 9.1 crore) in pre-seed funding. The round was led by Chiratae Ventures and included participation from several domestic and international founders and angel investors. 5. M2P Fintech, a company that provides digital banking infrastructure, has raised about $102 million (INR 850 crore) in its Series D funding round. The round was led by Helios Investment Partners, a private equity firm focused on Africa. 6. CoRover AI, the company behind BharatGPT, announced on Tuesday that it has received $4 million (about INR 33 crore) in Series A funding. The funding was led by Venture Catalysts | India's 1st Multi-Stage VC 7. ORIGHT, a dairy tech startup, has raised $1 million (around INR 8.3 crore) in seed funding. This round was led by Aeravti Ventures, along with other micro venture capitalists (VCs). 8. tuco® Intelligent, a brand focused on kids' personal care products, has raised $2 million in seed funding. The funding was led by Fireside Ventures and Whiteboard Capital. 9. Nurix AI, a startup that builds AI solutions for companies, has raised $27.5 million in a Series A funding round led by Accel and General Catalyst. 10. jhana, a legal-tech startup that creates AI-powered legal assistants, has raised $1.6 million in seed funding. This round was led by Girish Mathrubootham (founder of Freshworks) and Manav Garg (founder of Eka Software Solutions), through their investment fund, Together Fund. WhatsApp Group Join Link:🤝 https://bit.ly/group10x 𝗙𝗿𝗲𝗲 𝗦𝘁𝗮𝗿𝘁𝗨𝗽 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 Looking For Equity/Debt Funding, Business Growth, PR and Marketing ? 𝗦𝗲𝗻𝗱 𝗨𝘀 𝗣𝗶𝘁𝗰𝗵 𝗗𝗲𝗰𝗸 𝗲𝗺𝗮𝗶𝗹: 𝗵𝗶@𝘀𝗺𝗮𝗿𝘁𝟭𝟬𝘅.𝗶𝗻 #BusinessNews #India #Startups #Funding #Acquisitions #Investments #Ecommerce #Technology #GamingRegulations #ElectricVehicles #IPO #AI #Finance #MarketUpdates #CorporateNews #DigitalPayments #Innovation #VentureCapital #News10x #Smart10x

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📚 Holiday weekend reading: “Plurality.” This philosophical approach applies open technologies to foster diverse collaboration and coordination and solve our societal challenges. Technology can and will bring diverse viewpoints together with the transparent debates needed to come to coordinated solutions. These open technologies today encompass the powerful capabilities in our innovation systems today: open source #AI models, permissionless #blockchain, community #web3tokens, interoperable #metaverses, among the many public goods enabled by emerging technologies. Our social relationships provide the universal values and effective direction for such innovations to impact our world towards positive sum growth. “Plurality” is the central subject of a new book by Microsoft’s internal economist Glen Weyl and Taiwan’s former Minister of Digital Affairs Audrey Tang. That book collects ideas in a donation supported ebook.

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For all those in scale-up, 25 mins of listening to Seb is well worth it. A really clear set of priorities and realities of growing (and turning around) scale-ups. https://lnkd.in/esnuxRKr

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Time to step up Germany 🇩🇪 🇫🇷 Corporations have pledged to invest €15bn in France at the “Choose France” summit — an annual event held since 2018 to facilitate foreign investments in the country. A large chunk of the money will be dedicated to AI. Microsoft stole the show after announcing its largest investment in France to date, a €4bn cash envelope to build more data centres — and expand existing ones — across the country by the end of 2025. The focus is on increasing the capacity of GPUs, which are needed to run large AI models. Amazon also announced that it’ll invest €1.2bn to further develop its French cloud and AI infrastructure. Quantum computing was also on the agenda. IBM pledged to invest €45m to expand the company’s research efforts in France. Up to 50 quantum researchers and engineers will be recruited in the country in the next year.

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I had the privilege to sit down with William Carbone, who you may already know from his work as CEO and co-founder of Evalify (under Nobody Studios), as well as his role at The Adjacent Possible. For the last 14 years, William has been a significant innovator in the technology and entrepreneurship space. He has also been a substantial contributor to AI, Aerospace, and Quantum Computing back at IBM. William has been honored with two Stevie Awards for his contributions to business technology and sales/customer service, and recognized in competitions like ESA Nordic Launch 2022, Kiuas Accelerator 2021, and Peter Drucker Forum Challenge finalist. He holds a leadership role at the Rome Business School as a Program Director for the Master in AI, and currently lives a globetrotting lifestyle, shaping innovation ecosystems worldwide. In his downtime he plays piano (he's a self-taught concert pianist), music fuels his creativity and complements his professional endeavours. Evalify is an AI-driven platform designed to assist startups, investors, and legal professionals in assessing intellectual property (IP) risks. The platform analyzes nearly 200 million global patent documents across over 170 jurisdictions to provide a "Freedom-to-Operate" (FTO) score. This score helps users identify potential patent infringements and other IP-related risks quickly, often within minutes, by simply uploading a pitch deck or a product brief. The platform is particularly valuable for early-stage startups, venture capitalists, and legal departments, as it allows them to evaluate the originality of a startup idea, assess competitors, and identify potential legal challenges without the need for traditional, time-consuming, and costly IP analysis. Evalify's AI-powered analysis is designed to be fast, scalable, and cost-effective, making it accessible even for startups that may not have large budgets for extensive legal services​ at their early stage. In a recent collab, Evalify shared their comprehensive reports with some of the members of PTH Venture Studio, and it was highly appreciated by the founders! Mushtaq Ansari Jeremy Barr Maria Pienaar Zeeshan Shahid Zeeshan Shamsi Tahir Ahmed Joshua Taylor Russell Taylor Khalid Boulhala Ahsan Tariq A.R. Nasir Qureshi Yawar Abbas Charletta Jean-Louis #Evalify #startups #startsuccess #IP #IntellectualProperty #intellectualpropertyrights #DDOA

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