When Kim Vu joined fintech startup Remitly as the head of diversity and inclusion two years ago, she spent hours manually crunching numbers, scrambling to gain insights into the teams scattered across eight global offices. Then the pandemic hit, forcing the company to switch to remote work, and the Black Lives Matter movement put a spotlight on racial inequities.
The news: Variational AI, a Vancouver, B.C.-based company leveraging artificial intelligence to help develop new small molecule drugs, has raised $3.5 million in seed funding. The tech: Variational AI's Enki software generates novel molecular structures using its algorithms trained on a set of compounds screened against drug targets from both experimental and computational sources.
The news: Seattle startup Included raised a $1.9 million pre-seed round from FlyingFish, SignalFire and Ascend. Putting data in DEI: In the wake of George Floyd's murder, companies nationwide pledged to better support racial and ethnic diversity throughout their operations. Their own employees, customers and regulators have likewise demanded measurable improvements.
Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Symbl.ai, the Seattle-based company that provides APIs to developers to build apps capable of understanding natural human conversations, has raised a $17 million series A funding.
YData, a data science startup currently based in Portugal, is planting its flag in Seattle. On Monday, the startup announced a $2.7 million seed round led by Flying Fish Partners, a Seattle-based venture capital firm that focuses on early stage artificial intelligence and machine learning startups.
Ready to deliver on robotic pizza: Picnic sets price and starts taking orders for pie-making machine
Order up! Picnic, the Seattle food automation startup, announced Tuesday that it is accepting pre-orders from U.S. customers for its Picnic Pizza System, designed to reduce costs and labor in commercial kitchens. The robotic pizza maker will be available for monthly subscription prices ranging between $3,500 and $5,000, depending on the configuration and production volumes.
SEATTLE--()--Seattle-based Picnic™ ( www.hellopicnic.com), an innovator in automated, robotic food assembly, announced today that, it has raised a $16.3 million Series A financing. The new round was led by the venture capital group Thursday Ventures ( thursday.vc), who was joined by other investors including existing investors Creative Ventures ( creativeventures.vc), Flying Fish Partners ( flyingfish.vc), and Vulcan Capital ( capital.vulcan.com).
NEW YORK, Jun 16, 2021--KKR & Co. Inc. (NYSE: KKR) today announced that Adriane Brown has been appointed to the Board of Directors of KKR & Co. Inc. Her appointment will bring the number of independent directors to ten out of a total of fourteen Board seats.