Thomas Clozel’s Post

#Portfolio | Happy news alert 🎉 🔬 Our portfolio company "Orbital Materials recently raised $16 million in a Series A round led by Radical Ventures with participation from Toyota Ventures. Bringing the startup’s total raised to ~$21 million, Jonathan Godwin says that the new capital will be put toward expanding Orbital’s data science and wet lab teams." We congratulate the entire Orbital Materials team for their work and for reaching this milestone 🙌 ⬇ Read more about Orbital Materials' work in using AI to discover new materials in the article by Kyle Wiggers on TechCrunch by clicking below ⬇ #OrbitalMaterials #SeriesA #VCFunding

Comstock Inc. and Quantum Generative Materials (GenMat) have entered into an agreement that realigns existing equity #investment agreement 👇🏻 Key highlights: ♦ Quantum Generative Materials (GenMat) is in discussions with several early adopters, including globally recognized #stakeholders in high value applications ♦ Comstock’s prior investment agreements called for a milestone-based investment of $50,000,000 for 50% of GenMat’s fully diluted equity, of which approximately $15,000,000 has now been paid ♦ Comstock Inc. will license GenMat’s #technologies on a modified non-exclusive early adopter basis https://lnkd.in/e2KpDK4k

One investment at a time...

What a deep dive into #Deeptech funding! #startupfunding #angelinvesting #angelinvestors #vcfunding

“Here deep tech actually dominates traditional tech. Companies in areas like defense, space tech, and life sciences have 2%-5% odds of having $250m+ exits, while companies in categories like SaaS, Fintech, and AI/ML have 1%-1.5% odds. If you look carefully at the table above, you might notice that the odds of good exits in deep tech categories are often higher, but the number of good exits in these categories is lower. I think that’s a hint about why these companies tend to be more successful. Building a deep tech company is hard. Really hard. You typically need a multidisciplinary team that’s exceptional in multiple areas, and that’s a very high barrier to entry. But if you can assemble such a team then you will have much less competition than most startups and a higher chance of a good outcome.”

The European Deep Tech report is out and the Dealroom.co data strongly underpins our hypotheses at APEX Ventures: 💪🏼 Deep tech is one of the most resilient categories in venture capital 🇪🇺 Major deep tech hubs are in the DACH and Nordics regions 🤖 Some of our key investment sectors, such as future of computing and novel AI, are gaining significant attention Onwards and upwards 🚀 #deeptech #venturecapital #fromresearchtoreality

Leaders from the PE & VC community shared their insights on the tech-driven investment climate in a panel discussion at the Mindfields Automation Summit (MAS) 2023. From the rising allure of AI-centric businesses to the gold rush in generative AI, learn where the smart money is headed and why. Click on the link below to watch the recording of the session! Joshua Sharp Alezeia Brown Andrea Gardiner Dan Coughlan #Mindfields #MAS2023 #Automation #AI #GenerativeAI #Productivity #VentureCapital #PrivateEquity

The world is evolving, and at DXC, we are assisting enterprises, individuals, and own employees in adapting to these changes. We should take pride in being a part of this era of transformation. #WeAreDXC # Transformation

#ClimateAction -"Large #AI models — big troves of language, vision & audio data that power #genAI services — are shaping up to be as significant in development of AI as operating systems have been in development of smartphones: they are, in a way, looking like the #platforms of the #space (an idea others are noodling on, too). Now, a #Swiss #startup called #Jua is using that #paradigm with ambitions to build out a new frontier for how #AI might be used in the #physicalWorld. It’s picked up $16 #million to build what it is essentially a large “#physics” #model for the natural world. The company is still very #earlystage. Its first #application will be in #modeling and #predicting #weather and #climate patterns, initially in how they relate to players in the #energy #industry. This is due to #launch in the coming weeks, the company said. Other industries that it plans to target with its model include #agriculture, #insurance, #transportation and government. #468Capital and the #GreenGenerationFund are co-leading this #seed round for the #Zurich-based startup, with #PromusVentures, #KadmosCapital, #FlixMobilityFounders, #SessionVC, #VirtusResourcesPartners, #NotionVC and #InnoSuisse also participating."... Techcrunch https://lnkd.in/eUehbax8 #prediction Andreas Brenner  Marvin Gabler Pierre Festal

Signal has made an intriguing move by investing capital to merge ocean and space. Despite the recent slowdown in venture capital, there is still capital available and seeking a home. However, most ventures appear to be focused on the vessel and its operations rather than the surrounding logistics infrastructure, where digitalisation still has a long way to go. It will be interesting to see how this investment by Signal plays out in the future. #Signal #OceanAndSpace #VentureCapital #Digitalisation