- Prime funding alternatives
- Startup of the Week: DayTwo’s precision diet combats diabetes, persistent illnesses
- NeuReality raises $35M Collection A co-led by OurCrowd
- Kando to service 22 French municipalities
- Assembly once more, for actual
- OurCrowd meets Nice Neck mayor, traders
- NASA awards ICON $57.2M contract as lunar land rush begins
- Sealed Air Company invests $8M in Highcon
- Google Cloud Market provides Oriient’s indoor location providers
- Notion Level: Cyber assaults price over $1K per worker a 12 months
- Greater than 4,100 high-tech jobs
Startup of the Week
DayTwo’s precision diet combats diabetes, persistent illnesses
Some 37M folks within the US are affected by diabetes, resulting in $237B in direct healthcare prices. Digital well being pioneer DayTwo has created expertise that helps these bothered with sort 2 diabetes and different persistent illnesses handle their day-to-day lives, decreasing well being dangers and reducing prices for insurers. The corporate’s AI-powered platform analyzes every consumer’s microbiome to supply customized tips that assist to attain decrease blood sugar, remedy discount, weight reduction and extra. DayTwo’s science is predicated on greater than seven years of analysis on the Weizmann Institute, Mayo Clinic and different main analysis facilities, and has been printed in main peer-reviewed journals together with the New England Journal of Drugs and Cell and Nature. The corporate has established partnerships with Fortune 1000 firms, main well being insurers, pharma and meals firms, and has a pipeline of 163 extra prospects. OurCrowd has an allocation on this time delicate Collection A spherical.
NeuReality raises $35M Collection A co-led by OurCrowd
AI-powered chip maker NeuReality raised $35M in a Collection A funding spherical co-led by OurCrowd, Samsung Ventures, Cardumen Capital, XT Hello-Tech and Varana Capital, TechCrunch experiences. The increase comes because the demand for AI inferencing chips, which robotically generate textual content, photographs and different outputs, continues to develop. The corporate is working with IBM, Lenovo and AMD, together with cloud resolution suppliers, system integrators, deep studying accelerator distributors and “inference-consuming” enterprises on deployments. “Our perception in NeuReality’s mission couldn’t be stronger,” says Ezra Gardner, Co-founder of Varana Capital and a NeuReality Board Member. “Calls for for AI inference are rising exponentially and there’s a international want for the NeuReality resolution, which lowers the price and energy consumption of scaling these purposes.”
Kando to service 22 French municipalities
Kando’s wastewater evaluation platform will quickly be deployed throughout the southeast of France. The corporate has signed an settlement with Communauté d’Agglomération des Portes de l’Isère (CAPI), a French city group serving 22 municipalities and greater than 100K inhabitants. Kando will present information intelligence for CAPI’s three wastewater crops to generate data-driven insights in help of environmental safety initiatives and making certain compliance with regulation. “Kando’s resolution has demonstrated its potential to investigate occasions in full, monitoring occasion particulars akin to content material, period and frequency,” says Stéphanie Guillermard, Head of Experience and Research at CAPI. “This granular evaluation, mixed with data of our networks, will allow us to return to the supply to research occasions and discover probably the most related remedy options.” Kando is presently funding on the OurCrowd platform.
We meet once more, and this time it’s for actual
Relationships, each private {and professional}, flourish after they occur head to head, when individuals are moved, when lives might be modified. There isn’t any comparability, no substitute, to hugging our associates and feeling the heat and bodily connection that makes us folks. That’s why we’re bringing the OurCrowd World Investor Summit again to Jerusalem on Feb. fifteenth, 2023, after a three-year break brought on by the pandemic. After so many months of Zooms, Skypes and FaceTimes, it looks like a necessity. The Summit is the place enterprise will get executed, the place offers are struck, the place checks for thousands and thousands of {dollars} change arms – and the place folks even have enjoyable, as I clarify in my newest ‘Buyers on the Frontlines’ column. In case you are an lively OurCrowd investor, register now on your free ticket. In any other case, apply now for our 20% December Low cost by making use of the promo code LINKEDIN20 in your registration earlier than Dec. thirty first.
OurCrowd meets Nice Neck mayor, traders
I met with a delegation from the US led by Dr. Pedram Bral, the Mayor of Nice Neck, NY. He was joined by traders and fellow residents of the Lengthy Island area, together with Omid Farokhpour, Moris Lavi and Daniel Rahmani to debate the present funding local weather, Israeli innovation and fixing international challenges by way of expertise. The assembly was facilitated by Gedaliah Blum and Yonathan Ben Yisrael of the Heartland Initiative.
Prime Tech Information
NASA awards ICON $57.2M contract as lunar land rush begins
NASA has awarded our portfolio firm ICON a $57.2M contract to develop 3D-printing expertise to construct parts essential for dwelling on the Moon, TechCrunch experiences. The corporate will work with NASA’s Marshall House Flight Middle to create its Olympus system, designed to assemble roads, launchpads and houses that shall be a part of a lunar base. “With a purpose to discover different worlds, we want revolutionary new applied sciences tailored to these environments and our exploration wants,” says Niki Werkheiser, Director of Know-how Maturation in NASA’s House Know-how Mission Directorate. “Pushing this improvement ahead with our industrial companions will create the capabilities we want for future missions.”
Sealed Air Company invests $8M in Highcon
Sealed Air Company (NYSE: SEE) is investing $8M in our portfolio firm Highcon. SEE, which offers in digital and sensible packaging, will use Highcon’s superior Beam 2C digital reducing and creasing system to develop new product choices and broaden into new markets. “Highcon’s expertise and capabilities characterize a significant alternative for SEE,” says Sergio Pupkin, SVP and Chief Development & Technique Officer of SEE. “Highcon’s sustainability worth proposition aligns with and may also help us advance our imaginative and prescient and plans. The roadmap we’re growing collectively is thrilling, and our funding in Highcon is a pure first step on this context.”
Google Cloud Market provides Oriient’s indoor location providers
Google Cloud Market is now providing the software-only indoor GPS created by our portfolio firm Oriient. The system helps retailers enhance the in-store purchasing expertise by giving clients hyper-accurate, in-store location information using smartphone sensors. “Retailers are more and more searching for out cloud applied sciences that assist present enhanced in-store purchasing experiences,” says Dai Vu, Managing Director, Market & ISV GTM Applications at Google Cloud. “By bringing its platform to Google Cloud Market, Oriient is making it straightforward for retailers to achieve deeper insights about their in-store experiences and ecommerce efforts to allow them to proceed to enhance experiences for patrons at scale.”
Notion Level: Cyber assaults price over $1K per worker a 12 months
New information from Notion Level reveals the hidden price of cyber assaults to organizations. A report issued by the corporate and Osterman Analysis exhibits each enterprise pays $1,197 per worker to handle cyber incidents throughout e-mail providers, cloud collaboration apps or providers, and net browsers, VentureBeat experiences. That determine doesn’t consider extra bills akin to enterprise losses, compliance fines or mitigation prices. The report comes as extra organizations battle to maintain up with the complicated risk panorama, with the variety of information breaches rising by 70% throughout Q3 2022 in comparison with the earlier quarter.
Greater than 4,100 high-tech jobs worldwide
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