{
}
Cleerly, a cardiovascular imaging startup, has raised $106 million in a Series C extension round led by Insight Partners to enhance its AI-driven heart disease detection technology. Founded by cardiologist James Min, the company aims to identify early-stage coronary artery disease through CT scans, potentially transforming heart health screening. With Medicare's recent approval for its plaque analysis test, Cleerly is positioned for significant growth as it seeks regulatory approval for broader screening applications.
Databricks is raising at least $5 billion in a funding round that could value the company at $55 billion, allowing employees to cash out and reducing the urgency for an IPO. Founded in 2013, the firm specializes in data organization and generative AI products, with annualized revenue projected to reach $2.4 billion by mid-2024. CEO Ali Ghodsi indicated that a public debut could occur in the latter half of next year, but the focus remains on long-term success rather than immediate market entry.
Yubi, an Indian fintech platform backed by Insight Partners and Peak XV, is planning to raise between $150 million and $200 million in early 2024 to support its global expansion. The company aims to secure funding after successfully narrowing its losses, according to CEO Gaurav Kumar.
Fastino, a San Francisco-based startup backed by Microsoft, has launched task-optimized enterprise AI models that run efficiently on CPUs, eliminating the need for costly GPUs. The company raised $7 million in pre-seed funding and aims to enhance enterprise AI performance and accuracy by focusing on specific tasks rather than generalist models. Fastino's innovative architecture allows for rapid inference, making it suitable for sensitive industries like finance and healthcare.
Insight Partners
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Cleerly Secures 106 Million for AI Driven Heart Disease Detection Technology
United States Dollar
Elucid
Fidelity Contrafund
T. Rowe Price Group, Inc.
Battery Ventures X LP
HeartFlow
Cleerly
New York-Presbyterian Hospital/Weill Cornell Medicine
Insight Partners
USA
James Min
Scott Barclay
Show more
23:44 04.12.2024
databricks seeks up to 8 billion in funding at 55 billion valuation
United States Dollar
Baillie Gifford
Walgreens Boots Alliance, Inc.
AT&T Inc.
Capital One Financial Corporation
Insight Partners
Andreessen Horowitz
Fidelity
NVIDIA Corporation
Databricks
Stripe
USA
Ali Ghodsi
Show more
19:40 26.11.2024
yubi seeks up to 200 million for global expansion plans
09:30 26.11.2024
startup fastino launches task optimized ai models for enterprise efficiency
United States Dollar
JFrog Ltd.
Microsoft Corporation
M12
Github
Insight Partners
USA
George Hurn-Maloney
Ash Lewis
Thomas Dohmke
Show more
14:00 12.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Central Bank Actions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Finance Mergers & Acquisitions
Government Economic Policies
Inflation and Monetary Impact
Industry Mergers & Acquisitions
CEO Changes
Domestic Politics
Market Analysis and Predictions
Government Policies
Workplace Trends
Supply Chain Management
GDP Growth & Recession Forecasts
Countries:
Companies:
Tesla, Inc.
Apple Inc.
Barclays PLC
JPMorgan Chase & Co.
Deutsche Bank Money Market PP
Credit Suisse Strategic Income I
The Goldman Sachs Group, Inc.
SpaceXCoin USD
Berkshire Hathaway Inc.
Bank of America Corporation
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Lloyds Banking Group plc
Bank Frick AG
Morgan Stanley
NVIDIA Corporation
Jenoptik AG
Air France-KLM
Citigroup Inc.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
South Korean Won
Canadian Dollar
Vietnamese Đồng
Australian Dollar
Thai Baht
Indonesian Rupiah
Singapore Dollar
Mexican Peso
Hong Kong Dollar
Offshore Chinese Yuan
New Zealand Dollar
Cambodian Riel
Myanmar Kyat
People: