Smile Identity Raises $7M in Series A Funding finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.
The corporate gifting services provider counts Airbnb, Spotify and Peleton among its clients 20th May, 2021
Jonathan Legge, Ciara Flood and Mark Legge, co-founders of &Open which is set for expansion. Picture: Linda Brownlee/East Photographic.
&Open, the Dublin-based corporate gifting start-up, said it would double its employee headcount to more than 60 after raising €5.9 million in seed funding.
The funding round was led by First Round Capital and Local Globe, the venture capital firms. Angel investors include Des Traynor, a founder of Irish unicorn start-up Intercom, Liam Casey, founder and chief executive at PCH, and Andrew Robb, the former chief operating office at Farfetch, the luxury fashion platform.
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Launch of new VC club strengthens Israel-UK business relations
Backed by the British Embassy, the new Israel-UK investor Hub will facilitate information sharing between VCs from both countries, and lead to more investments for Israeli startups Dor Schwartz / 11 May 2021 • 3 min read
Israel has long been a global resource for innovation, though over the past year, Israeli tech and talent demand has skyrocketed to new levels; multinational corporations establishing R&D presence and cloud region in the country, the chip wars, and you can’t forget the massive amounts of funding flowing into the Israeli startup ecosystem. All of this activity has highlighted a need for strong business networking in the “Scale-Up Nation”.
AI startup Faculty wins contract to predict future requirements for the UK’s NHS
Faculty, a VC-backed artificial intelligence start-up, has won a tender to work with the NHS to make better predictions about its future requirements for patients, based on data drawn from how it handled the COVID-19 pandemic.
In December 2019, Faculty raised a $10.5M Series A funding round from UK-based VCs Local Globe, GMG Ventures, and, Jaan Tallinn, one of Skype’s founding engineers, giving it a valuation of around $100 million.
Faculty will work with NHS England and NHS Improvement to build upon the Early Warning System (EWS) it developed for the service, during the pandemic. Based on Bayesian hierarchical modeling, Faculty says the EWS uses aggregate data (for example, COVID-19 positive case numbers, 111 calls, and mobility data) to warn hospitals about potential spikes in cases so they can divert staff, beds, and equipment needed. This learning will now be applied across the whole of the se
Entrepreneurial Ecosystems Expanding Worldwide forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.