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Finesse raises $4.5M to use AI to predict fashion trends - techcrunch

Finesse raises $4.5M to use AI to predict fashion trends

Finesse, a startup promising to take the guesswork and waste out of fashion, is announcing that it has raised $4.5 million in seed and pre-seed funding. Founder and CEO Ramin Ahmari said the tremendous waste in the fashion industry has become badly-kept secret, with Burberry recently facing a backlash over its practice of burning unwanted […]
techcrunch - 30 minutes ago
Ring’s new video doorbell is $60 - techcrunch

Ring’s new video doorbell is $60

The top-line feature for Ring’s latest is no doubt its price. No way around that. At $60, it’s $40 cheaper than the standard Video Doorbell – and prices from there go up significantly, with the “Elite” running $350. Perhaps the company is feeling some pressure from the race the bottom for smart home hardware pricing. […]
techcrunch - 43 minutes ago
Pinecone lands $10M seed for purpose-built machine learning database - techcrunch

Pinecone lands $10M seed for purpose-built machine learning database

Pinecone, a new startup from the folks who helped launch Amazon SageMaker, has built a vector database that generates data in a specialized format to help build machine learning applications faster, something that was previously only accessible to the largest organizations. Today the company came out of stealth with a new product and announced a […]
techcrunch - 43 minutes ago
SAP launches ‘RISE with SAP,’ a concierge service for digital transformation - techcrunch

SAP launches ‘RISE with SAP,’ a concierge service for digital transformation

SAP today announced a new offering it calls ‘RISE with SAP,’ a solution that is meant to help the company’s customers go through their respective digital transformations and become what SAP calls ‘intelligent enterprises.’ RISE is a subscription service that combines a set of services and product offerings. SAP’s head of product success Sven Denecken […]
techcrunch - 43 minutes ago
Following acquisition, Episerver rebrands as Optimizely - techcrunch

Following acquisition, Episerver rebrands as Optimizely

After acquiring Optimizely last fall, content management company Episerver is adopting the Optimizely name for the entire organization. CEO Alex Atzberger told me that the company will be rolling out new branding in the next coming months, as well as renaming its entire product suite to reflect the Optimizely brand. “We believe it’s no longer […]
techcrunch - 1 hour ago
Renewable investment wave continues as solar lending company Loanpal raises $800 million - techcrunch

Renewable investment wave continues as solar lending company Loanpal raises $800 million

Days after the billionaire investor Chamath Palihapitiya announced his involvement in the $1.3 billion acquisition of the solar and home improvement lending business Sunlight Financial, a collection of investors announced a nearly $1 billion cash infusion into Loanpal, another renewable energy and home improvement lender. The $800 million commitment to Loanpal arrives alongside a flurry […]
techcrunch - 1 hour ago
Literati raises $40M for its book club platform - techcrunch

Literati raises $40M for its book club platform

Literati has raised a $40 million Series B to pursue an unusual startup opportunity — namely, book clubs. Founder and CEO Jessica Ewing (a former product manager at Google) explained that the Austin-based company started out with book clubs for kids, before launching its Luminary brand for adult book clubs last year. And the Luminary […]
techcrunch - 1 hour ago
LottieFiles, a platform for the animation format, lands $9 million Series A led by M12, Microsoft’s venture fund - techcrunch

LottieFiles, a platform for the animation format, lands $9 million Series A led by M12, Microsoft’s venture fund

LottieFiles, a platform for JSON-based Lottie animations, has raised a Series A of $9 million. The round was led by M12, Microsoft’s venture capital arm, with participation from returning investor 500 Startups. Based in San Francisco and Kuala Lumpur, LottieFiles was founded in 2018. The platform includes Lottie creation, editing and testing tools, and a […]
techcrunch - 1 hour ago
Starship Technologies raises $17M to roll out more delivery bots - techcrunch

Starship Technologies raises $17M to roll out more delivery bots

A year ago, Starship Technologies had a couple hundred autonomous bots delivering burritos and pizzas to  students on college campuses and residents in a few neighborhoods. The company — with $17 million of new capital in its coffers — has expanded its fleet five-fold since COVID-19 swept through the European and North American markets that […]
techcrunch - 1 hour ago
Classiq raises $10.5M Series A round for its quantum software development platform - techcrunch

Classiq raises $10.5M Series A round for its quantum software development platform

Classiq, a Tel Aviv-based startup that aims to make it easier for computer scientists and developers to create quantum algorithms and applications, today announced that it has raised a $10.5 million Series A round led by Team8 Capital and Wing Capital. Entrée Capital, crowdfunding platform OurCrowd and Sumitomo Corporation (through IN Venture) also participated in […]
techcrunch - 2 hours ago
TCV closes record $4B fund to invest in e-commerce, fintech, edtech, travel and more - techcrunch

TCV closes record $4B fund to invest in e-commerce, fintech, edtech, travel and more

The pandemic has spelled economic setbacks for many people and industries, but the capital swirling about the technology world continues to roar along. In the latest development, TCV — the storied venture capital firm behind the likes of Airbnb, Spotify, Peloton and Facebook — has closed a record $4 billion for its latest fund. This […]
techcrunch - 2 hours ago
Playvox scores $25M Series A and acquires Australian startup Agyle Time - techcrunch

Playvox scores $25M Series A and acquires Australian startup Agyle Time

It’s not every day you see a Latin American startup funded by a U.S. venture capital firm based in the midwest. Playvox, a Colombian startup that wants to bring a positive twist to customer service monitoring announced a $25 million Series A from Five Elms Capital, a Kansas City, MO VC firm. It has now […]
techcrunch - 2 hours ago
Datastax acquires Kesque as it gets into data streaming - techcrunch

Datastax acquires Kesque as it gets into data streaming

Datastax, the company best known for commercializing the open-source Apache Cassandra database, is moving beyond databases. As the company announced today, it has acquired Kesque, a cloud messaging service. The Kesque team built its service on top of the Apache Pulsar messaging and streaming project. Datastax has now taken that team’s knowledge in this area […]
techcrunch - 2 hours ago
DriveNets nabs $208M at a $1B+ valuation for its cloud-based alternative to network routers - techcrunch

DriveNets nabs $208M at a $1B+ valuation for its cloud-based alternative to network routers

People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers that need to scale quickly and reliably to meet that demand. Today, a startup that has built a clever, software-based way for them to expand their networks without buying […]
techcrunch - 3 hours ago
Booksy raises $70M war chest to acquire salon appointment apps, expand internationally - techcrunch

Booksy raises $70M war chest to acquire salon appointment apps, expand internationally

Beauty and wellness appointment booking apps have proliferated of the last few years, but it appears the race is still on as today one of the leaders, Booksy, raises $70 million in a Series C round led by Cat Rock Capital, with participation from Sprints Capital.  The round was also joined by OpenOcean, Piton Capital, […]
techcrunch - 3 hours ago
Lime adds shared electric mopeds to the mix - techcrunch

Lime adds shared electric mopeds to the mix

Lime is adding electric mopeds — painted in the company’s signature green — to its micromobility platform as the startup aims to own the spectrum of inner city travel from jaunts to the corner store to longer distance trips up to five miles. Lime said Wednesday it plans to launch as many as 600 electric […]
techcrunch - 4 hours ago
Corporate card startup Mooncard challenges American Express in France with miles - techcrunch

Corporate card startup Mooncard challenges American Express in France with miles

French startup Mooncard is partnering with Flying Blue to offer Air France miles to its customers. This is the first time you can earn miles with a payment card in France that isn’t an American Express card. Mooncard provides corporate payment cards to streamline your expenses. Most companies in France don’t use corporate cards. But […]
techcrunch - 7 hours ago
SaaS startup studio eFounders launches a fintech startup studio - techcrunch

SaaS startup studio eFounders launches a fintech startup studio

eFounders is expanding its focus by creating a second startup studio called Logic Founders. This time, Logic Founders is going to focus on fintech startups exclusively. Camille Tyan (pictured above) is going to lead the new studio. Over the past ten years, eFounders has launched dozens of software-as-a-service companies trying to improve the way we […]
techcrunch - 8 hours ago
Will this time be any different for Twitter? - techcrunch

Will this time be any different for Twitter?

As Twitter seems to buy its way into competing with Clubhouse and Substack, one wonders whether the beleaguered social media company is finally ready to move past its truly awful track record of seizing opportunities. Twitter’s pace of product ambition has certainly seemed to speed in the past several months, conveniently following shareholder action to […]
techcrunch - 15 hours ago
Sila Nanotechnologies raises $590M to fund battery materials factory - techcrunch

Sila Nanotechnologies raises $590M to fund battery materials factory

Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler. Now, Sila Nano, flush with a fresh injection […]
techcrunch - 16 hours ago
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techcrunch
The UK approves the BioNTech/Pfizer COVID-19 vaccine for emergency use

The UK approves the BioNTech/Pfizer COVID-19 vaccine for emergency use

techcrunch - 1 month ago

The UK’s medicines regulator has approved the BioNTech/Pfizer vaccine against COVID-19 for emergency use, the companies said today.

The UK is the first country to approve the vaccine for widespread use — paving the way for some of the most “high risk” citizens, such as elderly care home residents, to get the jab before the end of the year.

The BBC reports that the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA) has said the vaccine is safe to be rolled out from next week.

The request for emergency authorization was submitted by BioNTech and Pfizer to the MHRA last month — as well as to regulators in Australia, Canada, Europe, Japan and the U.S., none of which has yet given the go ahead.

In a statement, Albert Bourla, chairman and CEO of Pfizer, described the Emergency Use Authorization in the U.K. as “a historic moment in the fight against COVID-19”.

“This authorization is a goal we have been working toward since we first declared that science will win, and we applaud the MHRA for their ability to conduct a careful assessment and take timely action to help protect the people of the U.K., he said. As we anticipate further authorizations and approvals, we are focused on moving with the same level of urgency to safely supply a high-quality vaccine around the world. With thousands of people becoming infected, every day matters in the collective race to end this devastating pandemic.

The UK approval is based on trial data, including a worldwide Phase 3 clinical study carried out by BioNTech/Pfizer  which demonstrated an efficacy rate for the vaccine of 95% and raised no serious safety concerns.

The vaccine was also shown to be effective both in participants who had not previously contracted the SARS-CoV-2 virus and those who had — based on measuring efficacy seven days after the second dose.

Efficacy was also reported as consistent across age, gender, race and ethnicity demographics, with an observed efficacy in adults age 65 and over of more than 94%, the companies said.

UK prime minister Boris Johnson tweeted the news of the formal authorization this morning — writing that the vaccine will “begin to be made available across the UK from next week”. A second tweet anticipated how vaccination in general will “ultimately” enable a return to economic life as usual.

The UK has ordered 40M doses of the BioNTech/Pfizer vaccine, or enough vaccine for 20M people (as it requires two doses), though it will take time for the country to receive all the doses ordered.

“The delivery of the 40 million doses will occur throughout 2020 and 2021, in stages, to ensure an equitable allocation of vaccines across the geographies with executed contracts,” the companies wrote in a press release.

“Now that the vaccine is authorized in the U.K., the companies will take immediate action to begin the delivery of vaccine doses. The first doses are expected to arrive in the U.K. in the coming days, with complete delivery fulfilment expected in 2021,” they added.

The UK’s National Health Service is gearing up for what NHS chief executive, Sir Simon Stevens, described as “the largest-scale vaccination campaign in our country’s history”. Per the BBC, some 50 hospitals are on standby and vaccination centers in venues such as conference centres are also being set up.

The Emergency Use Authorization in the U.K. will mark the first time citizens outside of the trials will have the opportunity to be immunized against COVID-19, said Ugur Sahin, M.D., CEO and co-founder of BioNTech in a supporting statement. We believe that the roll-out of the vaccination program in the U.K. will reduce the number of people in the high-risk population being hospitalized. Our aim is to bring a safe and effective vaccine upon approval to the people who need it. The data submitted to regulatory agencies around the world are the result of a scientifically rigorous and highly ethical research and development program.

sauce: techcrunch
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