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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .

Chemicals 240
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Magdrive secures seed funding for new propulsion system which could take us to the stars

TechCrunch

A startup with a new type of spacecraft propulsion system could make the interplanetary travel seen in “Star Trek” a reality. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle.

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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. UniSieve is already making revenue and currently has over 24 clients, including chemical and energy companies. Today the Zurich-based startup announced it has raised $5.5

Industry 202
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AgBiome lands $166M for safer crop protection technology

TechCrunch

Due to its safer formula, Howler can be used as the last spray in the program, and its differentiator is a shorter re-entry period — farmers can spray in the morning and be able to go back out in the field in the afternoon. The company saw 10x sales growth in 2020, Uknes told TechCrunch.

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Beyond the hype: Key components of an effective AI policy

CIO

An AI policy serves as a framework to ensure that AI systems align with ethical standards, legal requirements and business objectives. Algorithmic transparency and explainability AI systems often operate as ‘black boxes,’ making decisions that are difficult to interpret. Providing such clarity builds confidence in AI decision-making.

Policies 179
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From improving cancer treatments to saving the bees, these are the companies in IndieBio’s latest class

TechCrunch

“Our program is our diligence,” Bronson tells me. Stembionix : With personal stem cell banking in mind, Stembionix is developing a “mailable bioreactor system” that would allow for the transporting of stem cells without the freezing/thawing that complicates things and can negatively impact viability.

Company 260
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DNA-based data storage platform Catalog raises $35M

TechCrunch

Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. There is also an expensive cost issue when it comes to transmitting the stored data.

Storage 238