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Turing Labs, which uses AI to help formulate CPG products, raises $16.5M

TechCrunch

But today comes news of a different kind of startup called Turing Labs , which is addressing the same challenges, but as they apply to people who work in laboratories. Turing Labs’ platform helps labs speed up the process of making new products. It has now raised $16.5 million in funding on the back of its growth.

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South Korea’s RECON Labs raises $4.4M to help shoppers visualize products by creating 3D models in AR   

TechCrunch

Augmented reality (AR) can help customers shopping online preview products before making a purchase, and is a growing area of investment for e-commerce businesses. RECON Labs claims it has more than 10,000 products that are 2D converted into 3D content. Image Credits: RECON Labs. expansion in the fourth quarter of 2022.

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Japanese healthcare startup Bisu raises $3.2M seed round to launch its lab-on-a-chip product

TechCrunch

In one of the latest developments, Bisu — a Tokyo-headquartered healthcare startup that has built a lab-grade testing device that can be used at home for diagnostics that translate into actionable health data — has raised $3.2

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Deal Dive: A cellular ag startup with a real moat

TechCrunch

Would you eat lab-grown meat? Would you give the same answer if someone asked you to use a beauty product that had lab-grown collagen as an ingredient? Cellular agriculture — the process of growing an agriculture product from cell cultures — has been gaining momentum over the past few years.

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Meeting camera startup Owl Labs lands $25M and partnership with HP

TechCrunch

Owl Labs , a startup developing a linuep of AI-powered meeting hardware, today announced that it raised $25 million in a Series C round led by HP Tech Ventures (HP’s venture capital arm) with participation from Sourcenext, Matrix Partners, Spark Capital and Playground Global.

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Spatial Labs, a web3 infrastructure and hardware company, closes $10M seed round

TechCrunch

Spatial Labs , a web3 infrastructure and hardware company, announced today the closing of a $10 million seed round led by Blockchain Capital with participation from Marcy Venture Partners, the firm co-founded by Jay-Z. Iddris Sandu founded Spatial Labs in 2021, seeking to create products and shopping experiences using augmented reality.

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Matter Labs scores $50M from a16z to bring zero-knowledge rollup scaling to Ethereum

TechCrunch

These developer products reduce the traffic on the central Ethereum blockchain by offloading the hard work of processing transactions to efficient secondary chains that record data of transaction batches to the main Ethereum network. Offchain Labs raises $120 million to fix Ethereum’s shortcomings with its Arbitrum product.