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Qulab Applies Artificial Intelligence To Drug Design

socalTECH

The startup--backed by Cota Capital, Civilization Ventures, Plug and Play, and 415--says that Quleap automated small molecule, synthesis planning, and a cloud engine for simulating biomolecules. He also attended USC's Viterbi School of Engineering as a Ph.D. READ MORE>>.

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LA, and Southern California's Surge In Venture Capital Funds

socalTECH

Investment interests: Consumer Internet, eCommerce, enterprise software, cloud computing, financial technology, advertising technology. Managing Director: Bill Maris (formerly of GV/Google Ventures) Investment interests: Health care investments. Core Innovation Capital. Fika Ventures. Moonshots Capital.

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Reveal Biosciences Finds Funding From Intel Capital

socalTECH

San Diego-based Reveal Biosciences , a startup applying artificial intelligence (AI) and machine learning to pathology, has received a round of funding from Intel Capital , the corporate venturing arm of microprocessor giant Intel. Size of the investment in Reveal Biosciences was not announced.

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Halla Finds $1.4M For Online Grocery Personalization

socalTECH

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M in its seed funding round, to help it expand its development of personalization technology for online grocers. The company said it has now raised a total of $1.9M

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Adroit Media Gets $11M For Shopping Technology

socalTECH

According to AWM Smart Shelf, the funding round was led by Impact Venture Capital, and also included Mark IV Capital and The Contrarian Group. The company said the new funding will go towards accelerating growth of its technology, among other efforts. Adroit Media Worldwide is lead by CEO Kevin Howard. READ MORE>>.

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Elon Musk Backs Billion Dollar Artificial Intelligence Effort

socalTECH

Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research.

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Going long on LA, India, AI and tech infrastructure March Capital raises $300 million

TechCrunch LA

March Capital Partners , the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. Montgomery believes there’s no business that won’t require information technology services, and he and his partners are building a portfolio that he thinks is designed to provide them.