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Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties - Vimarsana News

Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

Press release content from Business Wire. The AP news staff was not involved in its creation. Arturo Raises $25 Million in Series B Funding for AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties April 27, 2021 GMT Some of the insights Arturo’s AI engine is able to deduce from aerial, satellite and stratospheric photography (Photo: Business Wire) Some of the insights Arturo’s AI engine is able to deduce from aerial, satellite and stratospheric photography (Photo: Business Wire) CHICAGO--(BUSINESS WIRE)--Apr 27, 2021-- Arturo, an AI-powered platform that derive...

Source: apnews.com
AI Startup Arturo Raised $25 Million Series B to Go After Home Lending - Vimarsana News

AI Startup Arturo Raised $25 Million Series B to Go After Home Lending

Arturo As home buying increased lately, demand for Arturo's AI-powered property analysis did too. The startup plans to use its new $25 million Series B to go after the home lending market. Arturo spun out from American Family Insurance, and relies on AWS for massive cloud processing power. Cloud-based AI startup Arturo — a spinout from 94-year-old Midwest-based insurance giant American Family Insurance — just raised a $25 million Series B led by Atlantic Bridge Capital with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firem...

Arturo Raises $25M in Series B Funding - Vimarsana News

Arturo Raises $25M in Series B Funding

Arturo, a Chicago, IL-based AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25m in Series B funding. The round was led by Atlantic Bridge Capital, with participation from RPS Ventures and existing investors Crosslink Capital and IAG Firemark Ventures – the venture capital fund for IAG, Australia’s largest general insurer. In conjunction with the funding, the company appointed two new members to its board: Sunir Kapoor of Atlantic Bridge, who brings a background in growing technology businesses to enterprise scale; an...

As New England Wind Power Grows, Local Activists Try To Halt Natural Gas Projects - Vimarsana News

As New England Wind Power Grows, Local Activists Try To Halt Natural Gas Projects

7:12 The fight against fossil fuel expansion in New England has a new front in Killingly, Connecticut. Climate activists want the state to reject a proposed natural gas plant there, which is tied to the company behind a controversial pipeline development currently underway in Minnesota and a recently completed natural gas line in New England. Connecticut's activists say construction of new climate-warming infrastructure like this is out of step with the clean energy goals of most New England’s governors and President Joe Biden. This month, a group of climate activists went door-to-door to b...

Source: wshu.org
Oil, Gas, And Fracking News Read 18April 2021 - Vimarsana News

Oil, Gas, And Fracking News Read 18April 2021

The natural gas storage report from the EIA for the week ending April 9th indicated that the amount of natural gas held in underground storage in the US rose by 61 billion cubic feet to 1,845 billion cubic feet by the end of the week, which left our gas supplies 242 billion cubic feet, or 11.6% below the 2,087 billion cubic feet that were in storage on April 9th of last year, but now 11 billion cubic feet, or 0.6% above the five-year average of 1,834 billion cubic feet of natural gas that have been in storage as of the 9th of April in recent years....the 61 billion cubic feet that were added ...