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Revolution Growth’s Latest Investment in Healthcare and AI: Pathos, the Company Re-Engineering the…

Revolution

Revolution Growth’s Latest Investment in Healthcare and AI: Pathos, the Company Re-Engineering the Drug Development Process The oversubscribed $62M Series C will be used to expand the team, accelerate platform development, and advance its clinical-stage pipeline of precision oncology therapeutics.

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Modular closes $30 million seed round to simplify the process of developing AI systems

TechCrunch

But if you ask the co-founders of Modular , a startup emerging from stealth today, the software used to develop it is “monolithic,” fractured into silos piled with layers of complexity. “Modular’s main competition is the mindset that dominates AI software development within Big Tech, and Big Tech itself,” Lattner said.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. Another company competing in the increasingly saturated segment is Sima.ai , which is developing a system-on-chip platform for AI applications — particularly computer vision applications.

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Axio lands $23M to help companies quantify cyber risk

TechCrunch

Axio CEO Scott Kannry tells TechCrunch that the proceeds — which bring New York–based Axio’s total capital raised to $30 million — will be put toward product and engineering team development and supporting go-to-market functions and expanding across “key geographies.” Department of Energy.

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Habitual is using digital support plus food replacement to help reverse type 2 diabetes

TechCrunch

For the food replacement product, Habitual says it worked with a product development consultancy that had previously done development work for the European Soylent-rival Huel to develop the formulations. gallery ids="2212427,2212428,2212429,2212430,2212431"].

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Plastic: Solutions in a Complex Industry

Impact Hub

Governments lay out the framework in which society moves — they also have the mandate to create a viable, sustainable, and positive future for its people and environment. Bottled water giant, Evian, will start manufacturing its bottles from recycled plastic by 2025. This new program has debuted in Paris and in the U.S.,

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Muslims come into the frame in Southeast Asia’s fintech boom

TechCrunch

enabling people to buy Bitcoin. For example, Indonesia’s National Islamic Finance Committee is focused on developing Islamic finance and the country’s Islamic economy. Along with the growing number of Islamic fintech startups digitizing the process, Islamic-compliant services are becoming accessible to more people.