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Section 32 closes on $525M fund, says there is 'a zone of commoditization that you have to avoid while investing in AI'

Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, TechCrunch is first to report. A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on opportunities. The Palo Alto, California, firm, which now has $2.3 billion in assets under management, has seen a number of notable exits over its six-year history.
Exai Bio Wesley Tillu Bighat Biosciences Google Life Sciences Image Credits Managing Partner Andy Harrison
Source: yahoo.com

Hyperfine, Inc. Announces Promotion of Tom Teisseyre, Ph.D. to Chief Operating Officer

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world’s first FDA-cleared portable magnetic resonance brain imaging system, today announced the promotion of Tom Teisseyre, Ph.D. to chief operating officer. Dr. Teisseyre w...
Palo Alto United States United Kingdom New Zealand Jonathan Rothberg Jessica Stebing

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