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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . and Bruce Schechinger, former chairman of the National Association of Chemical Distributors. .

Chemicals 240
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Magdrive secures seed funding for new propulsion system which could take us to the stars

TechCrunch

A startup with a new type of spacecraft propulsion system could make the interplanetary travel seen in “Star Trek” a reality. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle. Chemical thrusters have high thrust but lack efficiency and are hazardous and expensive to handle.

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UniSieve’s filters use special crystals to reduce industrial emissions

TechCrunch

The energy-intensive process of separating and purifying chemicals and gases is a big reason why industries like plastic manufacturing cause so much pollution. UniSieve is already making revenue and currently has over 24 clients, including chemical and energy companies. Today the Zurich-based startup announced it has raised $5.5

Industry 202
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AgBiome lands $166M for safer crop protection technology

TechCrunch

Due to its safer formula, Howler can be used as the last spray in the program, and its differentiator is a shorter re-entry period — farmers can spray in the morning and be able to go back out in the field in the afternoon. The company saw 10x sales growth in 2020, Uknes told TechCrunch.

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How the new AI executive order stacks up: B-

CIO

This section of the executive order also includes vagaries such as “The Departments of Energy and Homeland Security will also address AI systems’ threats to critical infrastructure, as well as chemical, biological, radiological, nuclear, and cybersecurity risks.” Thus, additional clarity around reporting of deep R&D is needed.

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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

Merck Life Sciences, a leading chemical and pharmaceutical company, with 60,000 employees working across 66 countries, was one of them. Every process flow chart was reviewed by the assigned business board members,” she says. Dependency on human resources is both time-consuming and fraught with errors.

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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

Normally, a CCO develops ideas about what the market needs and communicates them to a design team, which produces sketches to then be reviewed by the CCO. In 2018, DeepMind, now a subsidiary of Alphabet, developed AlphaFold, a deep learning system that learns from a database of existing proteins and predicts their 3D structures.