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Seae Ventures acquires Unseen Capital after founder death

Biotech & Health /

Seae Ventures is acquiring Unseen Capital after the death of founder Kayode Owens in 2021. The combined firm will continue to invest in healthcare for minorities and underserved populations. Owens, an investor and entrepreneur, launched Unseen Capital to focus early-stage healthcare companies started by underrepresented founders, in 2020. He raised $30 million but unfortunately died […]

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Granza Bio grabs $7M seed from Felicis and YC to advance delivery of cancer treatments

Fundraising /

Ashwin Nandakumar and Ashwin Jainarayanan were working on their doctorates at adjacent departments in Oxford, but they didn’t know each other. Nandakumar, who was studying oncology, one day stumbled across a curious dataset for prostate cancer, with which he needed sequencing help. “I reached out to a few friends asking to help me analyze this

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Altrove uses AI models and lab automation to create new materials

AI /

For the past couple of years, innovation has been accelerating in new materials development. And a new French startup called Altrove plans to play a role in this innovation cycle. The deep tech startup has already raised €3.7 million (around $4 million at current exchange rates). If you’re interesting in new materials development, you may

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Yieldstreet says some of its customers were affected by the Evolve Bank data breach

Security /

The alternative investment platform Yieldstreet is the latest company to reveal that its customers were affected by the recent data breach at Evolve Bank and Trust, TechCrunch has exclusively learned.  On Tuesday, Yieldstreet spokesperson Clare Burrows confirmed to TechCrunch that “some Yieldstreet customer information may have been impacted” as a consequence of the Evolve breach. 

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Gemini’s data-analyzing abilities aren’t as good as Google claims

AI /

One of the selling points of Google’s flagship generative AI models, Gemini 1.5 Pro and 1.5 Flash, is the amount of data they can supposedly process and analyze. In press briefings and demos, Google has repeatedly claimed that the models can accomplish previously impossible tasks thanks to their “long context,” like summarizing multiple hundred-page documents

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Plaid, once aimed at mostly fintechs, is growing its enterprise business and now has over 1,000 customers signed on

Fintech /

As Plaid has expanded its fintech services, so, too, has it grown its customer base. Plaid got its start as a company that connects consumer bank accounts to financial applications but has since been gradually expanding its offerings to also include lending, identity verification, credit reporting, anti-fraud and payments.  The 11-year-old company was almost acquired

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The White House will host a conference for social media creators

Social /

President Joe Biden’s administration is doubling down on its interest in the creator economy. In August, the White House will host the first-ever White House Creator Economy Conference, which will invite a group of influential social media personalities and industry professionals to discuss issues like data privacy, fair pay, AI and mental health with senior

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Cold shipping might be the next industry that batteries disrupt

Climate /

Hannah Sieber knows just how transformative batteries can be. At her previous startup, EcoFlow, she used them to replace generators, whether for powering homes after a bad storm or RVs at a campsite. The experience made her wonder what else batteries could do, especially smaller ones.  “What are the other industries that could dramatically change?”

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Persona’s founders are certain the world can use another humanoid robot

Robotics /

MIT research scientist Jerry Pratt is back at it. In 2022, he left Boardwalk Robotics, a humanoid startup he founded and led, and joined the well-funded ranks of the Bay Area-based robotics firm Figure as its CTO months before it exited stealth. But he and Figure quietly parted ways last month. Last week, when Pratt

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