[Updated 3/21/18 11:05 am. See below.] Austin—SKU, a retail and consumer packaged goods-focused accelerator, launched its latest class of startups on Tuesday.
SKU was founded as Incubation Station in 2012 by Austin entrepreneur Shari Wynne. SKU invests... Read more »
Mythic, which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank... Read more »
Arena Pharamceuticals’ plan to reshape itself is advancing with new data for an ulcerative colitis drug that could pose a threat to biotech giant Celgene.
San Diego, CA-based Arena (NASDAQ: ARNA) said late Monday that its experimental compound etrasimod has... Read more »
San Antonio — CytoBioScience, a bioscience company that canceled plans to merge with a publicly traded business last year, may have new merger plans.
The San Antonio-based business raised a $1.53 million equity round of funding, according to a document filed... Read more »
The inevitable has happened. An autonomous Uber car hit a pedestrian in Tempe, AZ, and caused her death. The ride-hailing giant has suspended testing on driverless cars in Arizona, Pittsburgh, San Francisco, and Toronto, according to the New York Times.... Read more »
Advances in robotics and artificial intelligence technologies have stoked fears that machines are coming for humans’ jobs in a variety of industries. Some executives of robotics companies have tried to allay those concerns, arguing that in many cases, people’s roles will... Read more »
[Updated 3/19/18 5:06 p.m. See below.] Two months after Exact Sciences said it planned to introduce a new celebrity spokesperson to plug its stool-based screening test for colorectal cancer, the company has pulled back the curtain on who it... Read more »
Drug discovery startup twoXAR has raised $10 million in funding to support its efforts to build a pipeline of drug candidates found by its proprietary artificial intelligence technology.
SoftBank Ventures led the Series A round of financing, and was joined by... Read more »
Desktop Metal, the well-funded metal 3D-printing startup, is adding more money to its coffers from another high-profile investor.
Ford has led a new $65 million investment round in Burlington, MA-based Desktop Metal, the company announced Monday. Earlier backer Future Fund also... Read more »