Instreamatic, which inserts interactive voice ads into audio streams, raises $6.1M Series A round

Instreamatic

Interactive voice advertising startup Instreamatic, which can insert interactive voice ads into an audio stream, has raised $6.1 million in a Series A funding led by Progress Ventures led the round, joined by Accomplice, and Google Assistant Investments.

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Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

Space Robot

Japanese space startup Gitai has raised a $17.1 million funding round, a Series B financing for the robotics startup. This new funding will be used for hiring, as well as funding the development and execution of an on-orbit demonstration mission for the company’s robotic technology, which will show its efficacy in performing in-space satellite servicing […]

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Foresite Capital raises $969 million fund to invest in healthcare startups across all stages of growth

Foresight Healthcare

Health and life science specialist investment firm Foresite Capital has raised a new fund, its fifth to date, totally $969 million in commitments from LPs. This is the firm’s largest fund to date, and was oversubscribed relative to its original target according to fund CEO and founder Dr. Jim Tananbaum, who told me that while […]

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What Andy Jassy’s ascension to CEO means for Amazon’s AI initiatives

This week, Jeff Bezos announced that he’ll step down as CEO at Amazon and transition to an executive chair role during the third quarter of this year. Amazon Web Services (AWS) CEO Andy Jassy will take his place, heading up a company currently valued at around $1.6 trillion. Jassy, who joined Amazon in 1997 and has led AWS since its inception in 2003, believes Amazon’s decision to double down on AI early differentiated it from the competition.

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