Immunai raises $60M as it expands from improving immune therapies to discovering new ones, too

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South Korean startup Cochlear.ai raises $2 million Series A to detect the sounds missed by speech recognition

Sit quietly for a moment and pay attention to the different sounds around you. You might hear appliances beeping, cars honking, a dog barking, someone sneezing. These are all noises Cochlear.ai, a Seoul-based sound recognition startup, is training its SaaS platform to identify. The company’s goal is to develop software that can identify almost any […]

Quantum photonics startup Nu Quantum raises £2.1M from Amadeus Capital Partners

For quantum cryptography and simulation to become real, the technology requires high-performance light-emitting and light-detecting components that operate at the single-photon level and at ambient temperature. One of the few companies operating in this rarified arena is Nu Quantum. The quantum photonics company is a spin-out from the University of Cambridge. It has now raised […]

Insurance AI startup Synthesized raises $2.8M from IQ Capital and Mundi Ventures

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Cervest raises £3.7M for Earth Science AI platform to predict climate effects

Climate risk, including extreme events and the related pressures our environment, are fundamentally affecting the way businesses and governments operate — both tactically and strategically. Increasing climate volatility is causing food supply disruptions and increasing pressure on Enterprises (including financial institutions, insurers and producers) to disclose what’s going on. The trouble is, while there is […]

UK biotech startup Mogrify injects $16M to get novel cell therapies to market soon

Cambridge, UK-based biotech startup Mogrify, which is working on systematizing the development of novel cell therapies in areas such as regenerative medicine, has closed an initial $16 million Series A. The raise from investors Ahren Innovation Capital, Parkwalk and 24Haymarket follows a $4M seed in February — taking its total raised to date to $20M. Put simply, Mogrify’s approach […]

Lab-grown meat could be on store shelves by 2022, thanks to Future Meat Technologies

Are consumers ready for meat grown in a lab? Companies like Memphis Meats, Aleph Farms, Higher Steaks, Mosa Meat and Meatable are all trying to bring to supermarkets around the world meat made from cultivated animal cells, but the problem has always been the cost.  Now, Future Meat Technologies has raised $14 million in new […]

Congressional testimony reveals some faults in Facebook’s digital currency plans

As Facebook continues to lay the foundation for getting some of the world’s largest payment processing and technology companies a seat at the global monetary policy table, the company faces significant obstacles to enacting its plans from both sides of the Congressional aisle. In the second of what’s sure to be many (many many many) […]

UK deep tech VC IQ Capital launches new $125M growth fund, closes third VC fund at $175M

IQ Capital, a U.K.-based deep tech fund that has invested in startups such as Paragraf, Senseye and Funderbeam, has launched a new $125 million Growth Opportunities Fund and closed its third venture fund, IQ Capital Fund III, at $175 million. This brings the total new capital to be invested to more than $300 million. National […]

AI security startup Darktrace’s CEO defeats buzzword bingo with trust and transparency

It takes a lot of trust to allow a company to come in and install a mystery box on their network to monitor for threats. It’s like inviting in a security guard to sit in your living room to make sure nobody breaks in. Yet that’s exactly what Darktrace does. (The box, not the security […]