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Travel Insurance Gets More Innovative With This Startup Merger
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UK menopause clinic Bia Care launches virtual clinic for remote care solutions
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5 areas of tech to watch, according to investors
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Ibex Medical Analytics raises $38M for its AI-powered cancer diagnostic platform
Israel-based Ibex Medical Analytics, which has an AI-driven imaging technology to detect cancer cells in biopsies more efficiently, has raised a $38 million Series B financing round led by Octopus Ventures and 83North. Also participating in the round was aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital, the corporate venture arm of Dell Technologies. The company has now raised a total of $52 million since its launch in 2016. Ibex plans to use the investment to further sell into diagnostic labs in North America and Europe.
Originally incubated out of the Kamet Ventures incubator, Ibex’s “Galen” platform mimics the work of a pathologist, allowing them to diagnose cancer more accurately and faster and derive new insights from a biopsy specimen.
Budget 2021: UK tech sector ‘delighted’ with spending plans
For UK tech firms there was plenty to be happy about in this year s Budget
The UK’s thriving tech sector has hailed Rishi Sunak’s spending plans in the Budget today, saying the chancellor was “backing tech in a big way”.
Announcing the Budget this afternoon, Sunak unveiled a raft of new measures aimed at boosting both startups and established tech firms.
“This government should be applauded for committing heavily to digital innovation as a route to the economic recovery and supporting jobs,” said Russ Shaw, founder of Tech London Advocates & Global Tech Advocates.