Today’s Deals – Google Ventures-backed Clear Labs gets $13 million in Series B to nip food recalls in the bud

From left to right: Mahni Ghorashi (Co-founder & CMO), Cyril Bouteille (VP of Engineering), Sasan Amini (Co-founder & CEO) Clear Labs, a genomic data platform hoping to stop E-coli outbreaks in your favorite burrito chain before they start, has pulled in $13 million in Series B funding to build a next generation sequencing-based (NGS) microbiome test and grow the business. It’s often hard for food manufacturers to know the origins of an infected batch before it goes out to the public. However, Clear Labs… Read More

from TechCrunch

Today’s Deals – Signal Media raises £5.8M to help companies monitor and sift through the news

realtimegraphic There are a plethora of companies in the ‘media monitoring’ space, such as Cision, Factiva and Meltwater, but London-based Signal Media reckons that it can give them all a run for their money.
By employing AI, the company claims to be able to offer more certainty that a news source can be trusted and that a story is relevant, thus helping to reduce the impact of rumour and false… Read More

from TechCrunch

Today’s Deals – Synthetic biology startup Lygos raises $13 million from OS Fund and IA Ventures to make cleaner chemicals

14117388838_9b1ed1a161_o Lygos uses microbugs to convert low-cost sugar into specialty chemicals used in manufacturing and is now releasing a technique to make malic acid, an ingredient needed in the mass production of electronics.
To do so, the company announced today it has raised $13 million in Series A funding lead by OS Fund and IA Ventures, with participation from First Round Capital, Y Combinator’s… Read More

from TechCrunch

Today’s Deals – Security startup Wallarm raises $2.3M after going through Y Combinator

wallarm Back in 2013, we covered the seed funding of Wallarm, a “next gen” web security startup that aimed to protect businesses from application-level hacker attacks. The team of ex-white hat hackers had previously helped Russian companies like Mail.ru, Yandex and Parallels to block security threats. It’s perhaps little surprise that, with Russia being a tough place to raise money… Read More

from TechCrunch

Today’s Deals – Apple may participate in $100 billion SoftBank fund

apple-spring-2016-splash-copy Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from the Wall Street Journal. With a fundraising target of $100 billion, Apple’s participation would mean that the world’s largest tech company would be investing in the world’s largest tech fund. SoftBank itself is investing about $25 billion and the Saudi Arabian government… Read More

from TechCrunch

Today’s Deals – Tact grabs $15 million Series B to make CRM easier to use

Closing the sale -- contract signing. Customer Relationship Management (CRM) software was born with the best of intentions — to create a record of customer interactions. The problem, salespeople will tell you, is that it becomes a chore. Tact has been designed to add an intelligent layer to CRM — and today it got $15 million to make CRM easier to use. The Series B round was led by Upfront Ventures. Microsoft… Read More

from TechCrunch

Today’s Deals – Dynamic Signal gets $25M led by Microsoft’s VC to replace the company bulletin board

3252939377_3d3e2572b9_b A wave of enterprise apps, from Slack through to Facebook’s Workplace, is tackling and changing how employees communicate with each other when they are both far apart and nearby. Now another startup in the same neighborhood as these has raised a significant round of funding to scale up. Dynamic Signal — which has built a platform that lets large businesses (customers include… Read More

from TechCrunch

Today’s Deals – Jay-Z backed JetSmarter raises $105 million to become Uber for private jets

JetSmarter JetShuttles 2 JetSmarter has raised $105 million in Series C funding, at a $1.5 billion pre-money valuation, to build its marketplace for private jet services according to Sergey Petrossov, the startup’s founder and CEO. The massive funding round will be used primarily for global expansion of JetSmarter in Asia and Latin America, Petrossov said, and increasing the number of routes and… Read More

from TechCrunch

Today’s Deals – Microsoft Ventures launches new fund for AI startups and backs Element AI incubator

3D render of a robot trying to solve a wooden cube puzzle Microsoft Ventures today announced two steps that point to how the tech giant’s VC arm wants to get involved in artificial intelligence in a big way. First, it’s now going to pursue investments in AI startups through a special fund dedicated to AI startups that focus on “inclusive growth and positive impact on society.” Second, it is the first announced backer… Read More

from TechCrunch

Today’s Deals – Blackmore raises $3.5 million to build better eyes for your self-driving car

Self driving car and horse and people A Bozeman, Montana startup called Blackmore Sensors and Analytics Inc. has raised $3.5 million to build Lidar systems that can help vehicles see more details about what’s in front of them than existing sensors do today. The company spun out of a research and development firm called Bridger Photonics that developed Lidar systems for micron-precise laser cutting and welding, originally,… Read More

from TechCrunch

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