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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

TechCrunch

Someone’s having a good day : Jasper, which calls itself an “AI content” developer, raised its first round of funding ever — and a big one at that, at $125 million, to give it a $1.5 For you, special price : Kyle reports that Enable lands $94 million to help B2B companies manage their rebate programs. Christine and Haje.

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Infermedica Raises $10 million Series A for R&D and International Expansion

Dream It

Today, the company announced a $10M Series A financing round led by the European Bank for Reconstruction and Development (EBRD) and digital health fund Heal Capital , with participation from existing investors Karma Ventures, Inovo Venture Partners, and Dreamit Ventures.

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Epic Games acquires Sketchfab, a 3D-model sharing platform

TechCrunch

The deal makes a ton of sense as Epic Games has been developing — and acquiring — some of the most popular creation tools. More recently, Unreal Engine has been used for different use cases beyond video games, such as special effects, 3D explorations of virtual worlds, mixed reality projects and more. “We

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TravelPerk adds $115M to equity and debt Series D, discloses unicorn valuation

TechCrunch

That said, it’s not clear how much of the $115 million tranche is equity versus debt — a spokeswoman for the startup declined to provide a break down or a clear answer when we asked, saying only: “This round is a mix of equity and debt funding.” The final tranche of the D round was led by U.S. .”

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What Drives The University Of Michigan’s Entrepreneurial Success

HPA

While the University of Michigan has been formally educating students on entrepreneurship for decades, the region’s entrepreneurial ecosystem has notably ramped up in the last ten years and has effectively used its powerful alumni network to amplify its growth.

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Eclipse Foods isn’t out to substitute dairy — it’s on a mission to replace it

TechCrunch

Prior to Eclipse, he was director of R&D and product development at Hampton Creek, now known as Eat Just. The proprietary technology uses micelles, which Steinhart called “the microscopic magic of milk,” to create the replacement plant-based dairy products, but that don’t sacrifice on taste, texture or functionality.

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Free Money for Student Tech Founders

David Teten VC

We have collected a wide range of freebies, contests, accelerators, online communities, and VCs designed for student tech founders. We use Asana at Versatile VC for managing tasks and projects with other collaborators in our teams. This program provides $1,000 in AWS Cloud credits, $350 in Developer Support credits, and other guidance.

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