UK Prime Minister Rishi Sunak Pitches Britain as the Global Hub for AI Regulation

UK Prime Minister Rishi Sunak has proposed that Britain becomes the global center for artificial intelligence (AI) regulation. Speaking at the London Tech Week conference, Sunak highlighted the potential of AI while emphasizing the need for safe implementation. He announced that the UK government will host a summit on AI risks and regulation later in … Read more

SciTech Development Raises $2.73 Million in Oversubscribed Financing Round

SciTech Development announced today the completion of a $2.73 million investment round spearheaded by several major life science investors to accelerate clinical trials for Non-Hodgkin Lymphoma and Small Cell Lung Cancer. Storm Lake Capital (SLC), HRN Family Office, The National Foundation for Cancer Research (NFCR), Pointe Angels, and other accredited investors are leading SciTech’s capital … Read more

Karoo Health Raises $3.4M Seed Round

Karoo Health, a provider of cardiac value-based care enablement, has successfully closed an oversubscribed Seed round, raising $3.4 million. The round was led by First Trust Capital Partners, LLC. The funding will support Karoo’s upcoming launch and the expansion of its unique value-based cardiac care model. Karoo Health combines dedicated on-site and virtual care teams … Read more

Predibase Series A Funding Round, Raising $12.2M led by Felicis

Predibase, a low-code declarative ML platform for developers, has announced the general availability of its platform along with new features for large language models and free trial editions. The company has also revealed an expansion of its Series A funding round, raising an additional $12.2 million led by Felicis. This brings the total funding for … Read more

Cortex Raises $35M in Series B Funding to Advance Development and Adoption of Internal Developer Portal

Cortex, a prominent internal developer portal (IDP) provider, has secured $35 million in Series B funding led by IVP, with participation from Craft Ventures and existing investors Sequoia Capital, Tiger Global, and YCombinator. As part of the funding, Cack Wilhelm from IVP will join the Cortex board of directors. The new investment round will enable … Read more

Builder Prime Series A Financing Led by Blueprint Equity

Builder Prime, an all-in-one CRM, estimating, and project management platform for home improvement contractors, has announced the completion of its Series A funding round led by Blueprint Equity. Existing investor TinySeed also participated in the round. Sheldon Lewis, Managing Partner at Blueprint Equity, will join the Board of Directors as part of the investment. The … Read more

Magic Raised $52M Strategic Funding Round led by PayPal Ventures

Magic, a leading wallet-as-a-service (WaaS) provider, has announced a strategic funding round of $52 million, led by PayPal Ventures. Other participants in the funding round include Cherubic, Synchrony, KX, Northzone, and Volt Capital, bringing the total raised by Magic to over $80 million. Magic aims to drive web3 mass adoption by serving as the go-to … Read more