Some of the world's biggest companies are starting to set up shop in the so-called metaverse, sketching out an early blueprint for how people might eventually make real money in the much-hyped digital realm.
Elucid Raises $8M in Series A Funding
Elucid, a Boston, MA-based medical technology company developing AI software to enable cardiovascular disease detection, raised $8M in Series A financing.
The round was led by MedTex Ventures and Global Health Impact Fund. New and existing investors Checkmate Capital, IAG Capital, BlueStone Venture Partners, University of Michigan – Wolverine Venture Fund, Willamette Valley Capital LLC, and Angel Physicians Fund also participated in the round.
The company intends to use the funds to to continue advancing its technology for non-invasive estimation of cardiovascular event risk, myocardial ischemia, and therapeutic response.
Led by CEO Blake Richards, Chief Commercial Officer Jason Bottiglieri and Founder, President, and CTO Andrew Buckler, Elucid is a medical technology company using interpretable and validated AI to provide physicians with a means to optimize treatment decisions for patients with known or suspected cardiovascular disease.
Michigan Ross Receives Over $1 Million For Business+Impact Initiative from the Generosity of the Applebaum Family
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ANN ARBOR, Mich., April 20, 2021 /PRNewswire/ The Stephen M. Ross School of Business at the University of Michigan has received more than $1 million as a result of a gift from the Applebaum Family Philanthropy to support its Business+Impact initiative, which focuses on multidisciplinary, action-based learning in social impact, sustainability, poverty alleviation, and related policy.
The gift will establish the Applebaum Family Business+Impact Experiences and Innovation Program at Michigan Ross. This new program will allow the school to enhance and expand its impact and design offerings, including the creation of a permanent endowment fund for need-based internships and scholarships to Business+Impact students.