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UK’s MHRA says it has ‘concerns’ about Babylon Health — and flags legal gap around triage chatbots

By |March 5th, 2021|

The U.K.’s medical device regulator has admitted it has concerns about VC-backed AI chatbot maker Babylon Health. It made the admission in a letter sent to a clinician who’s been raising the alarm about Babylon’s approach toward patient safety and corporate governance since 2017. The HSJ reported on the MHRA’s letter to Dr. David Watkins --> READ MORE

Dan Siroker’s new startup Scribe automates Zoom note-taking

By |March 5th, 2021|

Optimizely co-founder Dan Siroker said the idea for his new startup Scribe goes back to a couple of personal experiences — and although Scribe’s first product is focused on Zoom, those experiences weren’t Zoom-related at all. Instead, Siroker recalled starting to go deaf and then having an “epiphany” the first time he put in a --> READ MORE

How Rani Therapeutics’ robotic pill could change subcutaneous injection treatment

By |March 5th, 2021|

A new auto-injecting pill might soon become a replacement for subcutaneous injection treatments. The idea for this so-called robotic pill came out of a research project around eight years ago from InCube Labs — a life sciences lab operated by Rani Therapeutics Chairman and CEO Mir Imran, who has degrees in electrical and biomedical engineering --> READ MORE

Address cybersecurity challenges before rolling out robotic process automation

By |March 5th, 2021|

Alan Radford Contributor Alan Radford is regional CTO of One Identity and has a passion for helping organizations solve unique challenges in the identity and access management space. Robotic process automation (RPA) is making a major impact across every industry. But many don’t know how common the technology is and may not realize that they --> READ MORE

Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

By |March 5th, 2021|

‍Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company emphasizes that it’s “not a --> READ MORE

Early-stage investor Mayfield shows how to scale up your biotech startup at TC Early Stage in April

By |March 5th, 2021|

Founders in the earliest stages of startup life face a hefty learning curve. Just some of the core competencies you need to lock down include how to raise VC funding, recruiting the right people, finding product-market fit and building a killer go-to-market team. The list goes on and on…and on. You’ll learn about all those --> READ MORE

Albertsons taps Tortoise for remote-controlled grocery delivery robots

By |March 5th, 2021|

Albertsons Companies, the grocery giant that owns Safeway and Jewel-Osco, has launched a pilot program that will test grocery delivery using remote-controlled delivery robots developed by Silicon Valley startup Tortoise. The pilot will start at two Safeway locations in Northern California, although Tortoise co-founder and president Dmitry Shevelenko said if successful, he expects the pilot --> READ MORE

The technology selloff is getting to be somewhat material

By |March 5th, 2021|

Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech stocks, but the selloff has --> READ MORE

YC-backed Pangea discusses growth, fundraising ahead of demo day

By |March 5th, 2021|

Pangea, a marketplace startup that wants to connect college freelancers and companies in need of digital help, is seeing its growth rate accelerate as it races toward the impending Y Combinator demo day. It’s traditional around this time that startups in the accelerator reach out to say hello. Provided that they are willing to chat --> READ MORE

Understanding how investors value growth in 2021

By |March 5th, 2021|

We’re not digging into another IPO filing today. You can read all about AppLovin’s filing here, or ThredUp’s document here. This morning, instead, we’re talking about an old favorite: software valuations. The folks over at Battery Ventures have compiled a lengthy dive into the 2020 software market that’s worth our time — you can read --> READ MORE