Apple to buy Pullstring in a bid to enhance Siri: report

… by Greylock Partners, Charles River Ventures, Khosla Ventures, True Ventures, and First Round Capital among others, according to its website.

Tech giant Apple Inc. AAPL, -0.22% plans to buy Pullstring, a voice application company based in San Francisco, for an undisclosed sum, Axios reported Friday, citing multiple sources. Pullstring was founded in 2011 by former Pixar executives for enhanced computer-based conversations and is backed by Greylock Partners, Charles River Ventures, Khosla Ventures, True Ventures, and First Round Capital among others, according to its website. Axios said the deal will help Siri become more competitive against Amazon.com Inc.’s AMZN, -0.91% Alexa given that the iPhone maker has trailed both Google GOOGL, -0.85%GOOG, -0.72% and Amazon in adoption and development of voice technology. Shares of Apple were unchanged in the late trade after falling 0.2% to close at $170.42 in the regular session.

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Future Ventures Launches $200M Venture Capital Fund

Silicon Valley-based venture capital firm Future Ventures has launched with a $200m fund. The vehicle will invest in frontier technologies across …
Steve Jurvetson
Steve Jurvetson

Silicon Valley-based venture capital firm Future Ventures has launched with a $200m fund.

The vehicle will invest in frontier technologies across diverse industries including:

– machine intelligence,

– sustainable mobility,

– the future of food,

– computational biology,

– high-performance computing,

– aerospace, etc.

Co-founded by Steve Jurvetson and Maryanna Saenko, Future Ventures is a venture capital firm that invests in entrepreneurs forging the future. With a track record in new markets, the firm works with companies from their earliest stages.

Jurvetson is known as an early leader in identifying and backing industry-redefining companies like Tesla, SpaceX, Planet, Nervana, Mythic, and Memphis Meats.

Saenko has a background as a research engineer and venture capital experience from prior roles at leading firms including:

– Principal at Khosla Ventures

– Senior Associate at DFJ

– Investment Partner at Airbus Ventures.

Have a look at their bios here.

FinSMEs

15/02/2019

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Vicarious Surgical Secures an Additional $10 Million in Funding

Gates, a previous backer, was joined with repeat commitments from Vinod Khosla’s Khosla Ventures, Eric Schmidt’s Innovation Endeavors, Jerry …

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Feb 14, 2019–Vicarious Surgical today announced that it has closed a $10 million round of additional funding led by Bill Gates’ Gates Frontier. Gates, a previous backer, was joined with repeat commitments from Vinod Khosla’s Khosla Ventures, Eric Schmidt’s Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, and Marc Benioff.

Vicarious Surgical combines virtual reality with proprietary human-like surgical robotics to enable surgeons to perform minimally invasive surgery through a single micro-incision. Through the company’s innovative technology, Vicarious Surgical has achieved what has been the goal of surgical robotics since the field’s inception — to shrink the surgeon and put them inside the patient. The company will use the funds to support the next phase of its growth and drive development of a commercial product.

“Since our A round last year, we have grown our team to include industry-leading executives from both the surgical and industrial robotics fields,” said Adam Sachs, Chief Executive Officer and Co-Founder of Vicarious Surgical. “Our incredible team, with the support of leading technology investors, continues to drive our robot from prototype to product.”

“With an expanded team driving toward their first product, Vicarious Surgical is rapidly achieving their mission of using miniaturized robotics and immersive virtual reality to give surgeons improved capabilities,” said Dror Berman, Founding Partner of Innovation Endeavors. “We are excited to continue our commitment to Vicarious Surgical and to the super evolution of surgery.”

About Vicarious Surgical

Led by an experienced team of technologists and physicians, and backed by technology luminaries, Vicarious Surgical is applying the latest innovation in robotics and virtual reality to create a new paradigm in minimally invasive surgeries. Co-Founders Adam Sachs and Sammy Khalifa were recently recognized in Forbes’ 30 Under 30 in both the manufacturing and big money categories.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190214005579/en/

CONTACT: Adam Sachs

617-868-1700

media@vicarioussurgical.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: SURGERY TECHNOLOGY NANOTECHNOLOGY HEALTH RESEARCH SCIENCE

SOURCE: Vicarious Surgical

Copyright Business Wire 2019.

PUB: 02/14/2019 10:16 AM/DISC: 02/14/2019 10:16 AM

http://www.businesswire.com/news/home/20190214005579/en

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InsurTech startup Jetty raises $25 mn in Series B funding

Insurtech startup, Jetty, which insurance and guarantor services to renters in the US, has recently closed a Series B funding round led by Keith Rabois …

Mike Rudoy- CEO& Co-Founder, Jetty

Insurtech startup, Jetty, which insurance and guarantor services to renters in the US, has recently closed a Series B funding round led by Keith Rabois of Khosla Ventures and amounting to $25 million. Existing investors, including Valar Ventures and Ribbit Capital, will also join the round. The investment brings the Company’s total funding to more than $40 million.

This recent funding will be used by Jetty to expand its real estate distribution footprint, leveraging its property management partners as its primary channel to provide a better resident experience.

“As growing metropolitan areas struggle to build enough housing supply, no financial services have helped mitigate the impact to consumers,” said Keith Rabois, Managing Director at Khosla Ventures. “Jetty is focused on improving the lease-signing experience by providing a suite of financial services from a security deposit replacement product to a renters insurance product, for both renters and their property managers. By providing value to both sides, they’ve been able to create partnerships with the largest property managers across the U.S.”

“The process of signing a lease is full of barriers: It’s time-consuming and can be prohibitively expensive for everyday renters to access their desired home,” said Mike Rudoy, CEO and co-founder of Jetty. “Jetty is challenging the status-quo by empowering the everyday renter with tools to lower move-in costs, while simultaneously giving property managers a way to streamline operations and mitigate risk. It’s truly a model where everyone wins.”

Established in 2017 and headquartered in New York, Jetty empowers renters with financial access to rental homesacross the nation. Its three products work alone or together to lower the barrier to entry for everyday renters with a tech-focused, design-centric product.

Founded in 2004 by Vinod Khosla, Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies. With over five billion dollars under management, the firm focuses on a range of areas including consumer, enterprise, education, advertising, financial services, semiconductors, health, big data, agriculture/food, sustainable energy and robotics.

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Impossible Foods Accelerates Switch to Impossible Burger 2.0 as Demand Surges Across America

Investors include Khosla Ventures, Bill Gates, Google Ventures, Horizons Ventures, UBS, Viking Global Investors, Temasek, Sailing Capital, and Open …

Based in California’s Silicon Valley, Impossible Foods makes delicious, nutritious meat and dairy products directly from plants — with a much smaller environmental footprint than meat from animals. The privately held company was founded in 2011 by Patrick O. Brown, M.D., Ph.D., Professor Emeritus of Biochemistry at Stanford University and a former Howard Hughes Medical Institute investigator. Investors include Khosla Ventures, Bill Gates, Google Ventures, Horizons Ventures, UBS, Viking Global Investors, Temasek, Sailing Capital, and Open Philanthropy Project.

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