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☆ Exclusive: Health AI startup Anterior raised $20 million from NEA and Sequoia. Here's the pitch deck it used.
▼ + stars: | 2024-06-10 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Many healthcare startups have targeted administrative tasks on the provider side, like SmarterDx, which just raised a $50 million Series B in June. Wu said NEA chose to invest in Anterior in part because of its focus on health plans. Anterior's $20 million Series A will help the startup accelerate hiring to take on more health plan customers, Mahmoud said. Wu said the firm sees a big opportunity for Anterior to package a range of tools for health plans as AI technologies become more widespread. See the 18-slide pitch deck Anterior used to grab a $20 million Series A.

Persons: —, It's, Mustafa Suleyman, Adrian Aoun, Blake Wu, Abdel Mahmoud, we'd, we've, Mahmoud, Wu, Anterior's Organizations: Service, NEA, Business, Sequoia, Lion, Microsoft, Cohere, Meta, Google, McKinsey & Company, Amazon Locations: Sequoia Arc

☆ Malibou, a Y Combinator-backed French payroll startup, just raised $3.3 million using this 11-slide pitch deck
▼ + stars: | 2024-06-04 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Malibou, a French HR and payroll startup, has raised $3.3 million in seed funding. The startup targets small and medium-sized businesses in France that lack efficient HR tools. Malibou aims to offer expert payroll support and modern HRIS, competing with firms like PayFit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMalibou, a French startup that helps small businesses with payroll and HR, has raised $3.3 million in seed funding.

Persons: —, Maxence Drummond, Breega Organizations: Service, French VC, Business Locations: France

☆ France is aiming to become a global AI superpower — but not without help from U.S. Big Tech
▼ + stars: | 2024-05-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

AI everywhere at Viva TechAt Viva Tech, AI was everywhere. France boasts a strong AI research and development ecosystem, home to key facilities like the Facebook AI Research center from Meta and Google's AI research hub in Paris, as well as leading universities. He referred to H's mammoth funding round as an example of the momentum surrounding French AI right now. watch nowLevy said roughly 40% of the tech demos at Viva Tech were AI. He said that Google's recently introduced Gemma AI, a lightweight, open-source model, was developed heavily at the U.S. internet giant's Paris AI hub.

Persons: Emmanuel Macron, Yoan Valat, Eric Schmidt, Porte, Bruno Le Maire, CNBC's Arjun Kharpal, Le Maire, Etienne Grass, Capgemini, Imran Ghory, Ghory, CNBC's Andrew Ross Sorkin, Macron, Mistral, Yann LeCun, James Manyika, Google's, Maurice Levy, Karen Tso, Levy, Google's Manyika, Gemma AI Organizations: Afp, Getty, PARIS —, Viva Technology, Microsoft, Viva Tech, L'Oreal, Porte de, Facebook, CNBC, Blossom, Meta, Google, Paris, Groupe, U.S, Innovation Locations: Elysee, Paris, France, PARIS — France, China, Europe, Meta, French, U.S, Israel, Dealroom

☆ New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women's pro league sports
▼ + stars: | 2024-05-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

A new women's basketball league has attracted a star-studded roster of investors from the media and sports world at a time when ratings and general interest in the WNBA and other professional women's leagues is rising. Unrivaled, the pro women's basketball league founded last year by New York Liberty's Breanna Stewart and Minnesota Lynx's Napheesa Collier of the WNBA, said Thursday that it had closed on a seed funding round ahead of its January launch. Athletes will be given equity in the new league, and Unrivaled said it will also feature contract opportunities that will offer the highest average salary in women's pro sports league history. Many female athletes play in other countries when the WNBA season ends to boost their earnings potential. Unrivaled's season will run from January to March and feature 30 of the top women's basketball players across six teams for a 3-on-3, compressed full court style of play on a soundstage in Miami.

Persons: Napheesa Collier, New York Liberty's Breanna Stewart, John Skipper, Turner, David Levy, Ann Sarnoff, Star Carmelo Anthony, Alex Morgan, David, Skipper, Alex Bazzell, Stewart, Collier Organizations: Minnesota Lynx, New York Liberty, Target, New York, ESPN, Warner Bros, NBA, U.S, soccer, Meadowlark Media, WNBA Locations: Minneapolis , Minnesota, New, Minnesota, U.S, Miami

☆ Viable, a London fintech that helps e-commerce companies track their finances, has raised $3 million using this 14-slide pitch deck
▼ + stars: | 2024-05-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

London fintech startup Viable has raised $3 million in seed funding. Founded in 2023, Viable helps e-commerce businesses track their finances. AdvertisementViable, a London-based fintech startup that aims to help small businesses with finances, has raised $3 million in seed funding. Founded in 2023, Viable typically works with e-commerce and direct-to-consumer (DTC) companies in beauty, wellness, and fashion to provide clearer data on their finances. Cofounder Franklyn Martin said these e-commerce businesses were facing a double threat: rising costs and investors turning away from the space.

Persons: —, Franklyn Martin Organizations: London, Service, Business Locations: London

☆ This startup built AI that's actually licensed to practice law. We got an exclusive look at the pitch deck it used to raise $5 million.
▼ + stars: | 2024-05-22 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The startup, Superlegal, just raised $5 million in seed funding in a round led by Israeli VC funds Aleph and Disruptive AI. The startup says it has the only AI licensed to practice law in the US. One such startup, Robin AI, raised a Series B funding round earlier this year for its gen AI-powered contract drafting and review technology. Here's a look at the 14-slide pitch deck Superlegal used to raise its $5 million seed round.

Persons: —, Tom Glover, Westlaw —, Superlegal, Noory, hasn't, AI, Bechor Organizations: Service, Israeli, Alicorn Venture Capital, Thomson Reuters, Business, Utah Locations: Israel

☆ Haz, an AI-powered app for secondhand clothes, just raised $1.4 million with this 10-slide pitch deck
▼ + stars: | 2024-05-21 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

London-based startup Haz has raised $1.4 million in pre-seed funding led by Speedinvest. Founded in 2023, Haz digitizes users' clothing items and allows sharing transactions with friends. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHaz, a London-based startup that has built an AI-powered platform where users buy and sell secondhand clothing, has raised $1.4 million in pre-seed funding. It can even scan things like email inboxes for receipts and add those to a user's list of clothing owned.

Persons: Haz, — Organizations: Speedinvest, Service, Business Locations: London

☆ Crosby Health is building a clinical LLM to automate insurance appeals. Here's an exclusive look at the pitch deck the AI startup used to raise $2.2 million.
▼ + stars: | 2024-05-17 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +1 min

Crosby Health just raised $2.2 million in seed funding led by Amplo Ventures. The startup is building a large language model to help providers track insurance appeals. We got an exclusive look at the eight-slide pitch deck the startup used to raise its seed round. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Crosby Health, an AI startup building a clinical, large language model to help healthcare providers track insurance appeals, recently announced it raised $2.2 million in seed funding led by Amplo Ventures.

Persons: Crosby, — Organizations: Crosby Health, Amplo Ventures, Service, —, NOMO Ventures, Business

☆ An AI-powered adtech startup wants to automate the busy work in ad operations. Read the pitch deck it used to raise $3 million.
▼ + stars: | 2024-05-16 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Thousands of ad operations professionals log in daily to several different adtech platforms, setting campaigns live, tinkering with budgets and targeting, and producing reports. AdvertisementThe no-code platform allows users to use natural-language prompts to configure different "autopilots" across the various platforms they use. An ad-operations professional at a streaming company might use PilotDesk to automate tasks related to managing orders, campaign tracking, and post-campaign reporting. Check out the key slides from the pitch deck that helped PilotDesk secure $3 million in seed funding.

Persons: —, PilotDesk, Joe Hirsch, Hirsch, Phil Herget, Herget Organizations: Service, Business, Google, Labor, Ardent Venture Partners, Roster Capital, Ardent

☆ One of Y Combinator's newest AI startups landed $2.8 million in seed funding using this 5-slide pitch deck. We got an exclusive look.
▼ + stars: | 2024-05-15 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +1 min

Apriora's tech uses conversational AI to conduct job interviews. The startup, which just graduated from Y Combinator, raised a $2.8 million seed round. We got an exclusive look at the presentation Apriora used to raise its seed funding. AdvertisementJob seekers are already using ChatGPT to prepare for job interviews, and one startup is working to even the playing field by bringing AI tools to hiring managers. Apriora, a startup that uses conversational AI to conduct job interviews, just announced its $2.8 million seed funding round led by 1984 Ventures.

Persons: Y, —, Dan Gross Organizations: Service, 1984 Ventures, Pioneer Fund, Business Locations: HOF Capital

☆ Anne Dwane has been a jack-of-all-trades in the startup world. Here's how that's helped her build a successful investing career.
▼ + stars: | 2024-05-06 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +5 min

Over the course of 20 years, Anne Dwane has made a name for herself as a successful entrepreneur and executive. For Dwane, her career as a startup founder and operator helped her find success as an early-stage investor. Dwane left Monster in 2008 to become the CEO of Zinch, an edtech startup that helped colleges recruit and students find programs and scholarships. With the guidance of a mentor, Chegg's CEO Dan Rosensweig, the experience also helped her understand that her superpower lay in helping early-stage companies grow. Village Global is an early-stage fund that leads seed and pre-seed funding rounds.

Persons: Anne Dwane, she's, Reid Hoffman, Jeff Bezos, Bill Gates, Mark Zuckerberg, Dwane, I've, Chegg, Dan Rosensweig Organizations: Monster Worldwide, Business, Village, Georgetown University, Harvard Business School, Research, Monster, Accelerator Fund, Brightside, Airbase Locations: Palo Alto , California, Chegg

☆ A sports startup for bettors and creators raised $3.7 million. Read 10 key pitch-deck slides it used to get seed funding.
▼ + stars: | 2024-05-02 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +3 min

Sports-media startup SoBet is building a sports-betting community around content creators. Its platform, which launched in June 2022, distributes exclusive short-form videos and other content from sports creators popular on social platforms like Instagram and TikTok. The company announced on May 1 that it closed a $3.7 million seed round led by Third Kind Venture Capital to help grow the platform. "We've built a platform that looks and feels a lot like a social-media platform that houses exclusive content in the form of short-form writeups, short-form videos, etc. — all posted by sports-betting creators in the space."

Persons: Cooper Lycan, Lycan, that's, SoBet Organizations: Third Kind Venture, Business, Action, BI

☆ Bored Ape Yacht Club NFTs sold for millions in 2021—prices have dropped 90% since then
▼ + stars: | 2024-05-02 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

A person walks by Bored Ape Yacht Club NFT characters inside Radio City Music Hall during the 4th annual NFT.NYC conference on June 21, 2022 in New York City. Yuga Labs, the creator of the viral Bored Ape Yacht Club non-fungible tokens, announced a new round of layoffs on Friday as the NFT frenzy appears to cool. But despite Bored Ape Yacht Club's substantially lower floor price, the NFT market is still showing some signs of life. How YugaLabs got startedYugaLabs' Bored Ape Yacht Club collection launched in April 2021 with 10,000 NFTs depicting the cartoon apes with various colors, clothing and facial expressions. The startup went on to release several other NFT collections, including Mutant Ape Yacht Club and CryptoPunks.

Persons: Greg Solano, Justin Bieber, Paris Hilton, Sotheby's, YugaLabs Organizations: Radio City Music Hall, Yuga Labs, ETH, Yacht, CryptoPunks Locations: New York City

☆ AI is ushering edtech into a new era. Three investors share what they're most excited about in the space.
▼ + stars: | 2024-05-01 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +7 min

The past few years have been tough for edtech companies. In recent months, multiple edtech startups have raised fresh funding rounds while specifically touting AI as a core part of their business model. These deals could signal that AI is ushering in a new era for edtech companies, and VCs who invest in the space are excited about the renaissance. And Ednition, also one of Donnelly's portfolio companies, provides an infrastructure-as-a-service platform for other edtech companies to improve the data that goes into their AI models. That's why it's so important to invest in ed-tech AI startups that help people rethink how they interact with technology and learn new skills necessary to successfully enter the workforce, he said.

Persons: PitchBook, VCs, Brian Dixon, Dixon, we've, Numerade, Kapoor, Katelyn Donnelly, she's, I've, you'll, Donnelly, Avalance, OpenAI, we're, ChatGPT, Ryan Craig, Craig, edtech Organizations: Business, Labs, Kapor, Partners, Chingona Ventures, TechCrunch, Kapoor Capital, Lirvana Labs, Odyssey Education, University Ventures, ACT Locations: VCs, edtech

☆ Exclusive: 11x, a London-based AI startup that builds automated digital workers, is raising money from US fund Benchmark
▼ + stars: | 2024-05-01 | by ( Callum Burroughs | Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

11x, a London-based AI startup that creates automated digital workers, has raised funding from US investing giant Benchmark Capital. The company aims to provide businesses with "digital AI workers" that can complete repetitive and mundane tasks to free up employees to focus on other things. The startup has raised a Series A round of funding, led by US fund Benchmark, four sources familiar with the discussions told Business Insider. Related stories11x's deal was led by Benchmark general partner Sarah Tavel, who will join the startup's board. The startup created a digital sales worker named Alice and plans to release several other digital workers in the future.

Persons: Hasan Sukkar, Sarah Tavel, Uber, Alice, Slack Organizations: Benchmark, Business, US, Bessemer Venture Partners, Twitter, Benchmark Capital, Google, Project A, Ventures, Tiny Ventures, LinkedIn Locations: London, Syrian, Europe, Syria

☆ Check out the pitch deck productivity startup Read AI used to land $21 million to fuel its meeting-summary generator
▼ + stars: | 2024-04-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

The startup, Read AI, closed a $21 million Series A funding round in April. Goodwater Capital led the round, with participation from existing investor Madrona Venture Group, which led the startup's $10 million seed round in 2021. David Shin, who co-founded Read AI alongside Robert Williams and Elliott Waldron, told Business Insider that the generative AI boom over the last year has supercharged what the startup can offer clients. Read AI offers multiple pricing plans, including a basic, free version for individual users as well as enterprise and enterprise plus accounts that cost $22.50 and $29.75 a month per user, respectively. Check out the 23-slide presentation Read AI used to raise $21 million in Series A funding.

Persons: David Shin, Robert Williams, Elliott Waldron, Read Organizations: Goodwater Capital, Madrona Venture Group, Business, Microsoft, Google, Read, Bloomberg Locations: Seattle

☆ AstroForge: How this startup plans to make asteroid mining a reality.
▼ + stars: | 2024-04-23 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

Now the California-based startup is attempting to make asteroid mining a reality. That makes AstroForge the only company with a refinery that can turn M-type asteroids into PGMs in space, he adds. Some in the scientific community are skeptical that the private sector will be able to afford asteroid mining. Its all-or-nothing, lower-cost approach may help push asteroid mining closer to reality. “I hope if nothing else,” Gialich says, “we’re known as a space company that went for it.”

Persons: Matt Gialich, Gialich, Jose Acain, “, ”, we’re, “ We’re, AstroForge, Edward Carreon, “ that’s, –, Dan Britt, REx, James Cameron, Larry Page, Britt, “ I’m, ” Gialich, NASA's, Aubrey Gemignani, ” Britt, AstroForge’s Organizations: CNN, Virgin, SpaceX, NASA, Companies, Apple, Center, University of Central, JAXA, United, United Arab Emirates ’ Space Agency, UAE Space Agency, AP NASA, Planetary Resources, Titanic, Google, NASA's Kennedy Space Center, Getty Locations: California, University of Central Florida, China, United Arab, United Arab Emirates, Utah, Los Angeles, Florida

☆ Bitcoin's next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market
▼ + stars: | 2024-04-22 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Magic Eden coders gathered in an Airbnb in San Jose, California, to hack in preparation for the so-called bitcoin halving. Their goal was to spend a week hacking to prepare for the so-called bitcoin halving — an event that is baked into the chain's code and helps to stave off inflation through programmatic monetary policy. watch nowTechnically speaking, runes just enables asset issuance of fungible tokens on bitcoin's base chain. The reason this is significant to developers is because of its efficiency relative to existing BRC-20 tokens, bitcoin's widely-used fungible token standard that has already received a ton of traction. "There's definitely been an awakening of capital interest in the bitcoin layer two space," said Muneeb Ali, who co-founded Stacks — an open-source blockchain network that brings smart contracts to bitcoin.

Persons: Eden coders, Amil Husain, Magic Eden, Bitcoin, Eden's, Zedd Yin, Eden's coders, Yin, blockchain, Casey Rodarmor, Rodarmor, Casey, Nic Carter, Bill Barhydt, bitcoin, Barhydt, I've, Carter, PitchBook, There's, Muneeb Ali, Ali, Christopher Calicott, Amil Husain DeFi, Hong Fang, Fang, Goldman Sachs, Stacks's Ali Organizations: East Foothills, Fighter, Engineers, solana, Island Ventures, Venture, CNBC, Magic Eden, Austin, Trammell Venture Partners, Labs, Ribbit Capital Locations: San Jose , California, U.S, Northern California, solana, ethereum, Abra, bitcoin, San Jose, Bitcoin

☆ This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck
▼ + stars: | 2024-04-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

MokSa.ai uses general-use models and customizes them to detect suspicious activity at store locations. The company also pays college interns in India to watch footage for suspicious activity and annotate it — a process called data labeling. The dashboard shows reports of suspicious activity at a glance. MokSa.aiThe Android of the surveillance marketBefore MokSa.ai, Kolli worked as a quality manager at a company producing parts for high-speed rails. While these two tout their abilities to detect suspicious activity and send alerts, they both require customers to use their cameras and sensors.

Persons: —, Nikhil Teja Kolli, Kolli, Jay Farner, MokSa.ai, MokSa.ai Kolli, Shruti Gandhi, Gandhi, It's Organizations: Service, Business, Array Ventures, Quicken Loans, The Fund, Ventures, Royal Ozarks Locations: Kansas, India, Detroit

☆ I was laid off from Lyft and it was a relief. Here's exactly how I used my severance to land somewhere better.
▼ + stars: | 2024-04-12 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

Here are the best ways I spent my severance package. Related storyI put $3,000 from the severance package directly toward the business for basic costs to get my idea off the ground. My severance package gave me the chance to attend conferences and events and make connections that guided my next career move. I also used severance funds to join professional organizations related to my new field, giving me networking opportunities and industry resources. My severance package became a pivotal resource not just to weather the immediate storm of my job loss, but for starting a new career narrative.

Persons: Li, —, Ziwei Li, It's, I'd, I've Organizations: Service, Wei, San Diego Zoo Locations: California, San Diego, LA, La Jolla

☆ Check out the presentation edtech startup Superintellignet used nab $2 million in pre-seed funding to help people learn how to use AI tools
▼ + stars: | 2024-04-10 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

Newly launched startup Superintelligent is betting it can solve this problem and help more people master using AI in their work and personal lives. The company just exited stealth with $2 million in pre-seed funding from Learn Capital, an edtech-focused VC fund. Based in New York, Superintelligent is a learning platform designed to help people understand how to use AI tools. "People who never would have cared about taking an online course before will 100% find themselves looking for online tools for learning AI." More broadly, AI is providing a boon to the edtech space, with startups such as Lirvana Labs, which provides AI learning for kids; Curipod, which lets teachers create AI lesson plans; and AI-powered study assistants Digest.ai and FoondMate all raising funding recently.

Persons: —, OpenAI's DALL, Superintelligent, Nathaniel Whittemore, Whittemore, Digest.ai, he's Organizations: Service, Pew Research Center, Learn, Business, Labs Locations: New York

☆ Record levels of funding propel Denver-Boulder to the top of the life sciences market
▼ + stars: | 2024-04-08 | by ( Chris Dilella | ) www.cnbc.com time to read: +7 min

The Denver-Boulder region is rapidly emerging as a major hub for the life sciences industry, attracting companies that develop cutting-edge medical treatments and technologies. Life sciences research aims to understand living things, from cells to our planet, to improve health, food and the environment. Founded in 2003, the Bioscience Association supports the growth of life sciences, with a focus on access to capital, education, networking and more. A recent CBRE report found Denver-Boulder to be the top U.S. life sciences real estate market, fueled by record investment from venture capitalists and the National Institutes of Health. Entrepreneurial successThe recent surge in venture capital flowing into Denver-Boulder builds on the area's proven track record of success over the past several decades.

Persons: Tim Schoen, BioMed, Schoen, Elyse Blazevich, Kevin Koch, Koch, Edgewise, We've, Dan LaBarbera, LaBarbera, Dr Organizations: BioMed, CNBC, Blackstone, Flatiron, Enveda Biosciences, Denver, Boulder, Colorado Bioscience Association, Bioscience Association, National Institutes of Health, U.S, Pfizer, Therapeutics, University of Colorado, Edgewise Therapeutics, Research, University of Colorado's Anschutz Medical, Center, Drug, Center for Drug, for Drug, Anschutz Medical Locations: CNBC's, Denver, Boulder, Diego, Boulder , Colorado, San Diego, San Francisco, Seattle, Boston, Cambridge, Massachusetts, Aurora, Rocky, Colorado, Boulder ., Denver's

☆ Lirvana Labs developed an AI companion that it thinks will revolutionize the classroom. Here's the pitch deck the startup used to land $5.3 million.
▼ + stars: | 2024-04-04 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

Read previewAI has been a boom for the education space, and one startup just raised millions by convincing investors that large language models and generative AI will supercharge kids' learning. The startup, Lirvana Labs, just raised $5.3 million in seed funding from Kapor Capital, Transcend Capital Partners, and Chingona Ventures, Business Insider has learned. Lirvana Labs is betting that AI can counteract these trends. The startup's tech is available via a mobile app, which costs $9.99 monthly or $69.99 annually. Check out the 13-slide pitch deck Lirvana Labs used to raise its seed-funding round.

Persons: —, Christie, Clement Pang, Pang, Christie Pang Organizations: Service, Lirvana Labs, Kapor, Partners, Chingona Ventures, Business, National Center for Education Studies, Nations Locations: Menlo Park , California, Lebanon

☆ Metyos has developed a wearable to monitor chronic kidney disease. Check out the 8-slide pitch deck it used to raise $2.5 million.
▼ + stars: | 2024-03-26 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

Paris-based Metyos has secured $2.5 million in pre-seed funding from Cenitz. The startup is developing a wearable device for patients to manage their chronic kidney disease. Check out the 8-slide pitch deck it used to raise the funding. AdvertisementMedtech startup Metyos has secured $2.5 million in pre-seed funding from French investor Cenitz. The Paris-based startup, which launched in 2021, is creating a remote biosensor that patients can use to track their chronic kidney disease (CKD).

Persons: Metyos, —, Cenitz Organizations: Service, Business Locations: Paris, Cenitz

☆ AI-powered Cherish Health has raised $26 million and is set to raise a $30 million Series B — and hasn't grabbed a single dollar from VCs. Here's why.
▼ + stars: | 2024-03-25 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

But with his latest startup, Cherish Health, he's taking a different approach. To date, Cherish Health, which makes a radar-based device to detect falls in the home, has raised $26 million from these alternative sources. Cherish Health is now gearing up to raise its Series B round, targeting $30 million at a $200 million valuation. In late 2022, Cherish Health landed $5 million in Series A funding led by Alarm.com at a $45 million valuation. If Cherish Health had gone the way of traditional venture capital, Nagpal said, "we would've given up most of our value by now."

Persons: Sumit Nagpal, Nagpal, he's, we've, JP Morgan, Health's, Health, Alarm.com, consortiums, aren't Organizations: pharma, Abbott, Business, Accenture, Health, Apple, Comcast, Amazon, Cherish Health Locations: Alere, Haven, Amazon , Berkshire, Alarm.com, VCs

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