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Facebook acquires Ctrl-labs to advance its brain-machine interface efforts

Facebook this evening announced it intends to buy Ctrl-labs, a New York-based startup developing a wristband that translates musculoneural signals into machine-interpretable commands. The acquisition hasn’t yet closed, and the terms weren’t revealed publicly. (CNBC pegs its size at approximately $1 billion, half the amount Facebook paid to acquire virtual …

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Bold Penguin raises $32 million to match insurance carriers with prospects

Bold Penguin, a commercial insurance tech provider headquartered in Columbus, Ohio, today announced that it has secured $32 million in a series B funding round, bringing its total raised to over $50 million. Growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, and Lockton participated, along with existing investors …

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Kheiron raises $22 million for machine learning that helps radiologists detect cancer earlier

Kheiron Medical Technologies (Kheiron), a machine learning startup that’s setting out to help radiologists detect the early signs of cancer, has raised $22 million in a series A round of funding led by European VC firm Atomico, with participation from Greycroft, Connect Ventures, Hoxton Ventures, and Exor Seeds. Founded out …

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Facebook Accelerator London opens to non-U.K. startups with a focus on transformative tech

Facebook has announced the third edition of its London-based accelerator program, alongside a rebrand and a renewed focus on startups from across Europe and neighboring regions. Launched initially in the U.K. capital as LDN_LAB nearly two years ago, the 12-week incubator program will now be called Facebook Accelerator London, to …

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