intel acquires an Israeli startup; the deal valuation is around $60M
Meet Cnvrg.io – the data science Israeli startup whose helping other startups with managing and expediting data science workflows, providing a service which enables customers with elaborate ML models fast. intel's acquisition was done one week only after the giant acquired another ML company called SigOps.
The former founders and operators who have built a VC fund, and now raised $30M for another one
Hustle Fund is a small VC fund for Pre-seed startups, founded by ex-partners of the 500 startups firm (Elizabeth Yin & Eric Bahn). The fund is investing ~50 investments per year. Hustle Fund founders have raised the amount of $30M for a new fund, with the aspiration of raising $50M altogether.
Is it a COVID-19 test or an alcohol one? The startup which builds the world's shortest corona test
Breathonix company, a Singapore-based startup has announced a 90% accuracy in the test of its product, which aspires to tell patients whether they got the COVID-19 or not in no longer than 60 seconds. The results lean on more than six years of research on the National University of Singapore, and on an ML algorithm that enables it to run a "bio-fingerprint" of the COVID-19.
