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Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers 

TechCrunch

German-based biotech company BioNTech — one of the big manufacturers of COVID-19 vaccines, among other things — is set to acquire InstaDeep , a Tunis-born and U.K.-based It gives brands a way to conduct market research and collect first-party data, which is important as marketers prepare for a post-cookie world.

Trends 219
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The Week’s 10 Biggest Funding Rounds: Metsera And Rivos Headline A Slow Week

Crunchbase News

Metsera , $290M, biotech: This week was a slower week than normal for biotech — as it was for most sectors — but that didn’t stop New York-based Metsera. The company develops power-optimized chips targeting the data analytics and generative AI markets. That’s still a lot of cash, but clearly round size trended down.

Biotech 103
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The 10 Biggest Rounds Of April: Xaira And Pine Gate Lead Huge Month Of Megadeals

Crunchbase News

April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. The company develops power-optimized chips targeting the data analytics and generative AI markets.

Biotech 109
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The Week’s 10 Biggest Funding Rounds: Celestial AI Tops List Of Large Raises

Crunchbase News

While there were no huge rounds like last week, money was again spread around from AI to biotech to marketing and more. Earlier in March, shares of Astera Labs — a developer of data center connectivity technology with use cases in generative AI — soared after its initial public offering on the Nasdaq.

Biotech 103
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It’s No Secret: Enterprises Reveal Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Primary Storage

Infinidat

The platform works.” – IT Services Associate in the Healthcare and Biotech industry “Outperforms more expensive arrays. 100%” ( SysAdmin 3 in the Retail industry ) and “reliability and performance is 100%” ( Storage Engineer in the Healthcare & Biotech industry ). stars out of 5 in the Primary Storage Arrays market.

Storage 69
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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

billion investment plan, which includes its first cloud data center in the country. NTT data is investing in Calabria. We mainly invest in SaaS companies with some proven traction in the market – but overall, we seek the best technology entrepreneurs that want to make an impact. Microsoft has announced a $1.5

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Key takeaways from the SOSV Climate Tech Summit

TechCrunch

Carbon removal needs to become the size of the oil and gas industry, a trillion-dollar market. Khosla said that a good analogy was biotech/pharma investing, where it takes 10-15 years from concept to a drug approved on market. Today it’s about a billion dollars.” ” It’s about people. to pursue those breakthroughs.

Energy 187