Tag: Artificial Intelligence

Capture investment opportunities created by megatrends

Sprout.ai raises $11m Series A led by Octopus Ventures to apply AI to insurance claims

It was way back in 2018 that Omni:us appeared to disrupt the insurance market by applying AI to this most legacy of all industries. It has now gone on to raise $44.1 million. In a similar vein, Shift Technology in France has raised $100 million. Now a UK startup aims to do something similar, but…
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5 May 2021 0

Instreamatic, which inserts interactive voice ads into audio streams, raises $6.1M Series A round

Interactive voice advertising startup Instreamatic, which can insert interactive voice ads into an audio stream, has raised $6.1 million in a Series A funding led by Progress Ventures led the round, joined by Accomplice, and Google Assistant Investments. SF-HQ’d Instreamatic lets brands that advertise through streaming music apps and podcasts (for instance) have interactive voice-based…
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27 April 2021 0

Kry closes $312M Series D after use of its telehealth tools grows 100% yoy

Swedish digital health startup Kry, which offers a telehealth service (and software tools) to connect clinicians with patients for remote consultations, last raised just before the pandemic hit in Western Europe, netting a €140M Series C in January 2020. Today it’s announcing an oversubscribed sequel: The Series D raise clocks in at $312M (€262M) and…
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27 April 2021 0

Filing: Snap paid $124M for Fit Analytics as it gears up for a bigger e-commerce push

Earlier this year we reported on how Snap had acquired Berlin-based Fit Analytics, an AI-based fitting technology startup, as part of a wider push into e-commerce services, specifically to gain technology that can help prospective online shoppers get a better sense of how a particular item or size would fit them. A 10-Q filing from…
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23 April 2021 0

Longevity startup Longevica plans to launch supplements based on long-term research

A biotech company that has spent 11 years researching supplements to increase human longevity plans to launch its supplements later this year. Longevica says it has attracted a total of $13 million from investors, including Alexander Chikunov, a longevity investor, who is also president of the company. Longevica says it created a biotechnology platform for…
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23 April 2021 0

Deepfake tech takes on satellite maps

While the concept of “deepfakes,” or AI-generated synthetic imagery, has been decried primarily in connection with involuntary depictions of people, the technology is dangerous (and interesting) in other ways as well. For instance, researchers have shown that it can be used to manipulate satellite imagery to produce real-looking — but totally fake — overhead maps…
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22 April 2021 0

5 emerging use cases for productivity infrastructure in 2021

Gleb Polyakov Contributor Gleb Polyakov is co-founder and CEO of Nylas, which provides productivity infrastructure solutions for modern software. Gleb studied Physics at Georgia Tech and enjoys chess, motorcycles and space. Previously, he worked in finance and founded an IoT coffee company. When the world flipped upside down last year, nearly every company in every…
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22 April 2021 0

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud, phishing and identity theft…
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22 April 2021 0

To ensure inclusivity, the Biden administration must double down on AI development initiatives

Miriam Vogel Contributor Miriam Vogel is the president and CEO of EqualAI, a nonprofit organization focused on reducing unconscious bias in artificial intelligence. More posts by this contributor Biased AI perpetuates racial injustice The National Security Commission on Artificial Intelligence (NSCAI) issued a report last month delivering an uncomfortable public message: America is not prepared…
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22 April 2021 0

Micromobility’s next big business is software, not vehicles

The days of the shared, dockless micromobility model are numbered. That’s essentially the conclusion reached by Puneeth Meruva, an associate at Trucks Venture Capital who recently authored a detailed research brief on micromobility. Meruva is of the opinion that the standard for permit-capped, dockless scooter-sharing is not sustainable — the overhead is too costly, the…
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21 April 2021 0