Tractable claims $25M to sell damage-assessing AIs to more insurance giants
March 9, 2020

London-based insurtech AI startup Tractable, which is applying artificial intelligence to speed up accident and disaster recovery by using computer vision to perform visual damage appraisal instead of getting humans to do the job, has closed a $25 million Continue reading

Berlin venture studio Merantix raises $27M fund to concentrate on AI startups
February 21, 2020

Berlin-based Merantix, a venture studio that specifically concentrates on building “AI companies,” says it has raised a new €25 million fund ($27 million). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well Continue reading

CapitalG co-founder introduces $175M early-stage venture fund
July 11, 2019

Valo Ventures, a new firm focused on social, economic and environmental megatrends, has closed on $175 million for its debut venture capital fund.

The effort is led by Scott Tierney, a co-founder of Alphabet’s growth investing unit CapitalG, as Continue reading

Tencent promises its technology will do good
May 9, 2019

Tencent, one of Asia’s most valuable companies with a current market cap of around $460 billion, has introduced a new motto after co-founder and CEO Pony Ma said this week he wanted “tech for good” to be part of Continue reading

Singapores Saleswhale raises $5.3M to bring AI to sales and marketing teams
May 4, 2019

Saleswhale, a Singapore-based startup that uses AI to help marketers and salespeople close deals, has announced a Series A round worth $5.3 million.

The investment is led by Monk’s Hill Ventures — the Southeast Asia-focused firm that took part in Continue reading