Category: Million

Osso VR raises $14 million to bring virtual reality to surgical and medical device training
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Osso VR raises $14 million to bring virtual reality to surgical and medical device training

It seems that distance learning is even coming for the healthcare industry. As remote work becomes the order of the day in the COVID-19 era, any tool that can bring training and education services to folks across industries is gaining a huge amount of investor interest — and that includes healthcare. Virtual reality tools like…

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GM Has Lost Over $400 Million in Nikola ‘Stake’ Since Fraud Claims
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GM Has Lost Over $400 Million in Nikola ‘Stake’ Since Fraud Claims

Nikola’s stock has taken a hit from the fraud allegations put out by a short-seller.The stock is now trading significantly below the value at which GM was to get a stake in the new energy carmaker.Securities regulators and federal authorities are investigating Nikola over claims of misleading investors.The stake that General Motors received in Nikola…

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DCM has already made nearly $1 billion off its $26 million bet on Bill.com
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DCM has already made nearly $1 billion off its $26 million bet on Bill.com

David Chao, the cofounder of the cross-border venture firm DCM, speaks English, Japanese, and Mandarin. But he also knows how to talk to founders. It’s worth a lot. Consider that DCM should see more than $1 billion from the $26.4 million it invested across 14 years in the cloud-based business-to-business payments company Bill.com, starting with…

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Launched with $17 million by two former Norwest investors, Tau Ventures is ready for its closeup
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Launched with $17 million by two former Norwest investors, Tau Ventures is ready for its closeup

Amit Garg and Sanjay Rao have spent the bulk of their professional lives developing technology, founding startups and investing in startups at places like Google and Microsoft, HealthIQ, and Norwest Venture Partners. Over their decade-long friendship the two men discussed working together on a venture fund, but the time was never right — until now.…

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Exo raised $40 million for its handheld medical imaging device
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Exo raised $40 million for its handheld medical imaging device

Exo, a developer of new diagnostic hardware for the medical industry, has raised $40 million in a new round of funding as investors continue to back new companies that are reducing the cost and complexity of medical devices. Cost, portability, image quality and the inability to image dense body compositions have all limited the impact…

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Hevo draws in $8 million Series A for its no-code data pipeline service
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Hevo draws in $8 million Series A for its no-code data pipeline service

Hevo founders Manish Jethani and Sourabh Agarwal According to data pipeline startup Hevo, many small- to medium-sized companies juggle more than 40 different applications to manage sales, marketing, finance, customer support and other operations. All of these applications are important sources of data that can be analyzed to improve a company’s performance. That data often…

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This VC just closed on $60 million to fund “technical risk,” saying other VCs rarely do the same
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This VC just closed on $60 million to fund “technical risk,” saying other VCs rarely do the same

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who previously spent nearly nine years with Foundation Capital and received one…

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