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Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction


Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
What You Should Know:
– Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical Ventures also participated in the round.
– Founded in 2017, Carta Healthcare uses industry-leading artificial intelligence (AI) technology to collect, analyze, and act upon clinical data. Through natural language processing and machine learning, Carta’s technology dramatically reduces the labor associated with manual data abstraction processes typically required to curate trustworthy, actionable datasets. ....

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How One Woman Turned a $40 Million Kuaishou Bet Into $12 Billion


How One Woman Turned a $40 Million Kuaishou Bet Into $12 Billion
Bloomberg
2/9/2021
Zheping Huang, Coco Liu and Peter Elstrom
(Bloomberg) In 2014, as their video app Kuaishou began to take off, Su Hua and his co-founders started looking for money to expand. They quickly got a proposal from Ruby Lu, a venture investor who had spotted them earlier as promising engineers and given them feedback on previous businesses.
But Lu’s proposal was trumped by a larger venture firm with a much higher offer, according to people familiar with the matter. She refused to concede. Lu pitched Su and his team that she would give them more than money, offering her personal engagement and the support of her partners at DCM Ventures. She won, even with a lower offer. ....

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