Author: OurCrowd

[Insightec in Startup News] Inisghtec announces $150M financing to fund continued growth

Jun 18, 2024 |

Insightec, a global healthcare company dedicated to using focused ultrasound to transform patient care, today announced it has raised $150 million in equity financing. The round was led by Fidelity Management & Research Company and co-led by Nexus Neurotech Ventures and Ally Bridge Group. Support from new investors, Baillie Gifford, Catalio Capital Management, Fayez Sarofim & Co., and Gilmartin Capital, along with strong support from insiders, led by affiliates of York Global Finance / Community Fund and Perceptive Advisors generated an oversubscribed round. Read...

Read More

[Plenty in Observer] Inside a Vertical Warehouse Farm Hiding in Plain Sight

Jun 18, 2024 |

Nestled between massive nondescript warehouses housing a concrete factory and a roofing plant in Compton, Calif. sits a massive 100,000-square-foot farm with the potential to put out more than 2 million kilograms (4.5 million pounds) of greens every year. Unlike other farms you drive past, with miles and miles of open fields and workers picking, you wouldn’t know that this farm, operated by the startup Plenty, existed. It’s hidden in plain sight and home to cutting-edge technologies borrowed from other industries, including auto manufacturing, bioengineering, genetics, robotics, automation, agriculture and even energy. Read...

Read More

[NeuReality in Startup News] The NewReality: Fast Inference Processing For 90% Less?

Jun 18, 2024 |

Most of the investment buzz in AI hardware concentrates on the amazing accelerator chips that crunch the math required for neural networks, like Nvidia’s GPUs. But what about the rest of the story? CPUs and NICs that pre- and post-process the query add significant costs and are not designed for AI; they are general-purpose devices and can cost tens of thousands of dollars per server. What if someone re-imagined those servers with a clean-sheet design to efficiently handle the AI task at hand? Read...

Read More

[Highcon in Highcon] DS Smith Leads Packaging Innovation with Installation of First Highcon Beam 3

Jun 17, 2024 |

Yavne, Israel, 17 June 2024 Highcon Systems Ltd (TASE: HICN), today announced that DS Smith, one of the largest paperboard packaging companies in the world, will be the first company in the world to install the groundbreaking Highcon Beam 3 digital die cutting system. This announcement was made following the Drupa 2024 trade fair, held in Düsseldorf, Germany, where the Highcon Beam 3 premiered for the first time. Read...

Read More