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Converge Bio’s ‘everything store’ for biotech LLMs brings in $5.5M seed

Biotech & Health /

AI is finding its way into every corner of biotech and pharmaceutical research, but like other industries, it’s never quite as straightforward to implement as one would like. Converge Bio has built a tool for companies to make their biology-focused LLMs actually work, from “enriching” their data to explaining their answers. The company has raised […]

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Database startup Neo4j embraces AI to supercharge growth

Enterprise /

To make AI possible, you need to create connections between vast quantities of data. That’s where tech like graph databases come into play. Graph databases handle fast-changing, interconnected data more adeptly than traditional databases, which were designed to store rigidly structured information. Of course, graph databases need to be managed in order to be useful.

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Spectro Cloud nets $75M to help companies manage their Kubernetes installations

Enterprise /

Kubernetes, the open-source system that helps manage containerized applications (software packages that run in isolated environments), long ago breached the mainstream. According to one recent poll, 60% of organizations have adopted Kubernetes, and Gartner estimates that more than 90% of all enterprises could run Kubernetes in production by 2026. But Kubernetes itself remains difficult to

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Lightyear is on a mission to modernize network procurement

Fundraising /

Dennis Thankachan isn’t someone you’d expect would launch a digital procurement startup. After college, Thankachan went to work for Goldman Sachs as an investment banker. Two years later, he left for a hedge fund, PointState Capital, where he helped to manage equity investing. At PointState, which specializes in telecommunications, Thankachan said he encountered an unexpected

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Healthcare VC firm Initiate has a new $45M and has already founded five startups internally

Biotech & Health /

Jessica Owens and Iana Dimkova, co-founders of Initiate Ventures, are launching their new healthcare/ life sciences-focused firm with a respectable $45 million debut fund. One of the ways they convinced limited partners to become investors is because they are building a combination early-stage and incubation firm. So not only will they invest in early-stage startups

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Ex-Duolingo execs raise $13M for a startup that’s making it easier to access a college education

Startups /

As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible. The company, tentatively named Outsmart Education (the name is not final yet), is headed by co-founders Daniel Falabella (CPO), former senior director

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