Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world’s largest integrated private healthcare groups. Other participants included SGInnovate and returning investors Heliconia Capital (a subsidiary of Temasek Holdings), Lim Kaling and Koh…
The technology behind Hyundai’s new car-sharing service in Los Angeles is provided by a company that is largely unknown despite its ubiquity. Vulog announced Tuesday during Automobility LA that Hyundai will use its technology platform for a car-sharing pilot that will launch in Los Angeles at the end of 2019 and will eventually grow to…
Deep learning is all the rage these days in enterprise circles, and it isn’t hard to understand why. Whether it is optimizing ad spend, finding new drugs to cure cancer, or just offering better, more intelligent products to customers, machine learning — and particularly deep learning models — have the potential to massively improve a…
After what feels like years of rumors, it’s official: Valve is making a virtual reality Half-Life game. Official word of the new title comes via Valve’s (brand new, but verified) Twitter account, where the company is promising more details later this week: While it’s a bit curious to drop news like this as the first…
In 2016, we profiled a then-24-year-old named Jeremy Fiance who had managed to pool together $6 million for a fund focused on his alma mater, UC Berkeley, where as a student he’d brought to campus Kairos Society, an organization for budding entrepreneurs, as well as created a student accelerator called Free Ventures. Fiance wasn’t waiting…
MMC Ventures, the London-based VC that typically invests at Seed and Series A via the various funds it manages, has launched a new £100 million “Scale Up” fund to provide expansion capital to its later-stage portfolio companies. This is a move we are seeing a number of early-stage European VCs make, such as LocalGlobe with…
Northzone, the European VC firm that’s probably best-known for being an early backer of Spotify, has raised a new $500 million fund, which it claims was oversubscribed and will reach its final close imminently. Dubbed “Northzone IX,” the new fund pretty much represents business as usual for Northzone and will be used to invest primarily…
Hulu just sent an email to subscribers of its Hulu + Live TV plan announcing that the price of the basic live TV plan will increase from $44.99 per month to $54.99 per month. This is Hulu + Live TV’s second price hike this year, with a $5 increase in January, followed by this twice-as-large…
Cyan Banister is an American success story. A homeless teenager who originally supported herself by making hemp necklaces, then silk-screen T-shirts, she went on to become a self-taught engineer and to later hold several management roles at the security startup IronPort. It was a life-changing experience for her. She made an early fortune when it…
The ongoing tension in Hong Kong between the government and pro-democracy protesters continues to spill into tech domain. Rise, which is among the largest tech conferences in Asia, will not run next year as planned due to “the ongoing situation in Hong Kong,” according to Web Summit, the Ireland-based company that organizes the show. The…
