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Tokyo-based Startup FLUX Raises $32M in Series B Funding for its No-Code AI Platform

AsiaTechDaily

Register Tokyo-based startup FLUX has secured $32 million in a Series B funding round led by DNX Ventures, a venture capital firm. This latest funding brings FLUX’s total raised funds to $40 million and will support the further development of FLUX AI, their no-code AI platform.

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Did venture capitalists undervalue startups for decades?

TechCrunch

Data indicate that the pace of startup value creation reached a fever pitch in 2021. According to venture capital data collected by PitchBook , prices spiked for startup equity across the maturity spectrum last year. The result of those rising prices was a huge gain in the pace at which paper wealth was generated.

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Daasity investing $15M in data so consumer brands can do more with it

TechCrunch

Daasity , an e-commerce analytics and data company, secured $15 million in Series A funding as it continues developing its approach to helping consumer brands better leverage their customer data to make smarter decisions. It will also be working on more personalized customer data. This gives the company $20.7

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AIMMO bags $12M Series A to advance data labeling technology  

TechCrunch

A Korean startup called AIMMO , which uses software and humans to label and categorize image, video, sound, text and sensor fusion data, built an AI data annotation platform, enabling the data labeling faster for enterprises. . The global data collection and labeling market size was valued at $1.6

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Nigerian data and intelligence company Stears raises $3.3M, backed by Mac VC and Serena Ventures

TechCrunch

Each had different yet complementary skills — Michael Famoroti , an economist; Bode Ogunlana , a software engineer; Abdul Abdulrahim , a data scientist; and Preston Ideh , a corporate lawyer — and in 2017, they launched a media startup to address the dearth of information and data-driven insights in the West African country. .

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InstaDeep’s acquisition is a classic case of an African startup gone global 

TechCrunch

They were developing specific technology that could impact many sectors,” noted Jilani on InstaDeep’s pioneering tech. Yet, it’s too early to assume that because of that, it’ll suddenly open the sluice of venture capital in Tunisian tech or Africa’s AI market, which currently lags several industries as hotbeds of investments on the continent.

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The Startups and Investors Bringing Voice Tech to Healthcare

Dream It

Boston Children’s Hospital has piloted or promoted dozens of voice applications and Cedars-Sinai Medical Center has supported the development of platforms like Sopris Health and Aiva Health. Insurers, pharma companies, CROs, and academic medical centers have developed applications with Orbita.