A group of major medical institutions specializing in cancer care have formed a partnership to better take advantage of AI’s potential to advance the space. With $ 40 million of cash and resources from big tech backers, the Cancer AI Alliance (CAIA) could be a huge step forward in precision medicine. The members of the […]
Qodo raises $40M Series A to bring quality-first code generation and testing to the enterprise
At first glance, Qodo, the startup previously known as CodiumAI, may appear to be yet another AI code generation tool. But the team, which is announcing a $ 40 million Series A round led by Susa Ventures and Square Peg today, is just as much focused on generating code as on generating the tests and […]
Novatus nabs $40M to help financial institutions quell their RegTech nightmares
Banks, investments and financial services are not known to be bastions of transparency — not to the general public, and, as the last financial crisis laid bare, sometimes not even to the people who operate within them. This was a fact known all too well by Andrew Hedley. Working in the area of risk at […]
Nala to use $40M Series A to build B2B payments platform, scale remittance services
Nala, a remittance startup that is now widening its portfolio through a new B2B payments platform, has raised $ 40 million equity in a rare deal that becomes one of the largest Series A transactions in Africa. The oversubscribed round was led by San Francisco-based VC firm Acrew Capital, with participation from DST Global, Norrsken22, HOF […]
Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash
Serve Robotics, the Uber and Nvidia-backed sidewalk robot delivery company, debuted publicly on the New York stock exchange Thursday, making it the latest startup to choose going public via a reverse merger as an alternative path to capital needed to fund growth. The company, which spun out of Uber’s acquisition of Postmates in 2021, hits […]