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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

“Most of the companies we have seen have an AI component to support the discovery or development processes,” Francisco Dopazo, a general partner at Humboldt Fund told TechCrunch recently. The NASDAQ Biotechnology Index peaked in 2021. How has due diligence in this space changed in 2022? Robert Mittendorff, M.D,

Biotech 242
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8 investors weigh in on the state of insurtech in Q3 2022

TechCrunch

Insurtech companies have been among the biggest victims of the public market selloff, especially those that went public in 2021. Late-stage insurtech funding is now a lot more variable – everyone won’t get a trophy, as they did in 2021. How does the insurtech landscape in emerging markets compare to developed markets?

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TechCrunch+ roundup: Zero-day exploits, breaking into Japan, algorithmic VC investing

TechCrunch

We work with contributors to develop guest posts that will help TechCrunch+ readers solve actual problems, so it’s always a delight to present a comprehensive “how to” article. In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan.

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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

One of them was Orca AI which was developing a collision-avoidance system for ships, and it was this company from a sea of samey startups that Playfair ended up investing in — both in its 2019 pre-seed funding round, and its follow-on Series A round two years later. There just wasn’t enough differentiation.”

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South African payments gateway Ozow raises $48M Series B led by Tencent

TechCrunch

Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. This is a validation of our role in transforming the banking industry through the development of innovative, convenient and more inclusive payment solutions for everyone,” he said in a statement.

Banking 269
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Scale Computing secures $55M to help companies manage edge infrastructure

TechCrunch

According to a 2021 survey (albeit from an edge computing services vendor), 77% of companies said that they expect to see more spending for edge projects in 2022. Managing a fleet of edge devices across locations can be a burden on IT teams that lack the necessary infrastructure. ” Those are lofty promises. .

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Extra Crunch roundup: Think like a VC, CockroachDB EC-1, handle your stock options

TechCrunch

Part 3: Developer relations and business : How CockroachDB engages with developers while pivoting to the cloud at a key inflection point. Vohra articulated a system that other entrepreneurs should be able to apply to their own businesses, regardless of area or focus. Image Credits: TechCrunch/Emergence Capital.