News 

Editorial: An Opioid Crisis Foretold

“Congress has taken what can be considered only baby steps by appropriating a total of a few billion dollars of discretionary opioid funding in recent years” reports nytimes.com. Though slow to act, Congress eventually treated AIDS as a complex, multidimensional problem and tackled it by funding prevention, treatment, support services and research.This funding amounts to a pittance relative to what is needed: substantial long-term funding for prevention, addiction treatment, social services and research. Source: nytimes.com Share This:

Read More
News 

Alt Lending, Cybersecurity, Logistics Lead In $205 Million Week For B2B Funding

“The company provides cybersecurity solutions for ERP and enterprise applications like SAP and Oracle Financials” reports pymnts.com. U.S.-based logistics startup project44 announced $35 million in Series A funding this week for its logistics solution.A $1.25 million Series A-2 funding round will help DimensionalMechanics expand its B2B service that links the enterprise to artificial intelligence development tools.Alternative finance, cybersecurity and logistics providers landed the majority of the more than $205 million in funding placed for B2B startups in venture capital and debt.The company provides cybersecurity solutions to businesses. Source: pymnts.com Share This:

Read More
News 

HHS provides second round of opioid grants

“The funding will go toward 57 grants to support efforts at the state level to combat opioid abuse” writes Ap Photo Chris for washingtonexaminer.com. HHS said states have used the first round of grants distributed in 2017 to create programs to expand medication-assisted treatment, promote the use of overdose antidote naloxone and build sustainable recovery strategies.Congress also included $3.3 billion in funding to combat the epidemic in a spending bill it passed last month. Source: washingtonexaminer.com Share This:

Read More
News 

A start-up that aims to discover new drugs for incurable illnesses is now worth $2 billion after funding

“The U.K. is one of the leading sectors for AI innovation,” Mulvany said” writes Ryan Browne for cnbc.com. “There’s a tremendous heritage of scientific innovation here in the U.K.,” he told CNBC’s “Street Signs Europe.”. Some worry that the U.K.’s decision to leave the European Union could hamper innovation and scientific research. Source: cnbc.com Share This:

Read More
News 

Ohio law that cut Planned Parenthood funding blocked by federal court

“A federal appeals court blocked an Ohio law that stripped Planned Parenthood affiliates of taxpayer funding it received for non-abortion services” writes Photo Andrew Burton for washingtonexaminer.com. But Planned Parenthood of Greater Ohio and Planned Parenthood of Southwest Ohio Region sued the state and called for the law to be blocked.In its ruling Wednesday, a three-judge panel on the Cincinnati-based 6th U.S. Circuit Court of Appeals upheld a ruling from a lower court judge that enjoined the law, which targets entities that perform or promote abortions.The money comes from six…

Read More
News 

A new satellite project to livestream the Earth says it’s backed by SoftBank, Airbus and Bill Gates

“The EarthNow investment round comes amid broader excitement about the space industry in private markets” writes unknown author for cnbc.com. Representatives of SoftBank and Bill Gates did not immediately respond to a request to confirm the investment, but Airbus confirmed its role in the round.Satellites have become a cornerstone of SoftBank’s flush Vision Fund, beginning with a 2016 investment in OneWeb, which also backs EarthNow. Source: cnbc.com Share This:

Read More
News 

U.S. appeals court says Ohio cannot block Planned Parenthood funds

“(Reuters) – A federal appeals court on Wednesday blocked an Ohio law that would cut federal taxpayer funding to 28 Planned Parenthood clinics, holding that conditions it imposed that denied funds to abortion providers were unconstitutional” writes Midwest Communications Inc for 95kqds.com. According to court papers, Planned Parenthood of Greater Ohio and Southwest Ohio said they stood to lose nearly $1.5 million in funding annually if the law took effect. Source: 95kqds.com Share This:

Read More
News 

Zimplistic, creator of flatbread-making robot Rotimatic, secures $30 million in series C funding

“The company subsequently secured angel investment in 2010 and raised funds from investors including Credence Partners, EDBI and NSI Ventures” writes Jonathan Loh for businessinsider.sg. Touted as the first of its kind in the world, Rotimatic combines AI-driven technology with internet connectivity to automate its flatbread making process.The company also received a special mention by Prime Minister Lee Hsien Loong in his National Day speech in 2016.The new investment will be directed towards converting the 25% of the world’s population that eats flatbreads into Rotimatic users, said Zimplistic, noting that…

Read More
News 

Alt Lending, Artificial Intelligence Startups Lead Investment Activity

“British Business Investments, Paragon Bank, BCI Finance and Blenheim Chalcot facilitated an $81.8 million investment in U.K. alternative finance player Liberis” reports pymnts.com. Supply chain finance company Invoice Bazaar made an undisclosed investment in ODeX, an online logistics and shipping company facilitating digital document exchange.The company landed the funds from Poseidon Asset Management, Phyto Partners, Altitude Investment Partners, Arcview Investor Network and Arcadian Fund, according to Green Market Report.Based in Ireland, Supply Finance landed $4.9 million in Series A funding, reports in Independent.ie said this week.Blockchain heavyweight Ripple made headlines…

Read More
News 

SpaceX looks to raise $507 million in a new funding round: filing

“(Reuters) – Elon Musk-led SpaceX Corp is raising $507 million in a new round of funding, valuing the company at around $26 billion, according to a filing seen by Reuters” writes Midwest Communications Inc for 95kqds.com. New articles of incorporation filed by the company last week and sent to Reuters by private analytics firm Lagniappe Labs showed the addition of 3 million ‘Series I’ shares from a previous version filed in November.The filing also gave the initial value of the Series I shares as $169, 25 percent higher than a…

Read More