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Hot Startups: Latest News And Updates On Daily Roundup

AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Artificial Intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.

BigHat Biosciences Raises $19 Million in Series A Funding to Advance Antibody Design and Development for Safer, More Effective Treatments

BigHat Biosciences, a novel protein therapeutics company and developer of an AI-guided antibody design platform, announced it has raised $19 million in an oversubscribed Series A funding round, led by Andreessen Horowitz, with participation from prior investors 8VC, AME Cloud Ventures and Innovation Endeavors. As part of the i*********, Andreessen Horowitz General Partner, Vineeta Agarwala, MD, PhD joins BigHat’s Board of Directors.

TruckPay to Allow Logistics Payments With Cryptocurrencies

TruckPay introduced the first multi-currency, multi-lingual, and multi-metric fleet management logistics platform to serve the needs of the aggregates, asphalt, scrap metal, recycling, demolition, agricultural, and landfill industries. TruckPay is now excited to announce that cryptocurrencies, such as Bitcoin, Ethereum, and Stellar Lumens will be able to be used to facilitate payments on both its TruckPay Fleet Management and MyTruckScales platforms.

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CoinShares Integrates Armanino’s Attestation Service into CoinShares Physical Bitcoin

CoinShares, Europe’s largest digital asset manager with $4 b****** in AUM, announced that it will be offering an attestation service for its new physically backed Exchange Traded Product (ETP), CoinShares Physical Bitcoin, via Armanino’s Real-Time assurance application, TrustExplorer. This blockchain-enabled solution allows investors to independently verify the bitcoin backing BITC through viewable and downloadable attest reports that are generated daily.

WireWheel Raises $20 Million in Series B Funding

WireWheel, a leader in data privacy technology, announced $20 million in Series B financing led by ForgePoint Capital. Existing investors New Enterprise Associates, Revolution’s Rise of the Rest Fund, PSP Growth, Grotech and Sands Capital Ventures also participated in the round, bringing total capital raised by the company to $45 million. The funding will enable WireWheel to speed its go-to-market plans and extend its Software-as-a-Service (SaaS) platform’s leadership as the only solution built specifically for ease of use by privacy professionals and tailored to the needs of engineering and data governance teams. Andrew McClure of ForgePoint Capital will join WireWheel’s board of directors.

Scalarr Secures $7.5 Million Series a to Fight Rising Ad Fraud

Scalarr, the machine learning-based ad fraud prevention firm, announces a $7.5 million Series A round led by the European Bank of Reconstruction and Development (EBRD), with participation from TMT Investments, OTB Ventures, and Speedinvest. Speedinvest and TMT participated in the seed round too. Co-founded in 2016 by Inna Ushakova (co-founder and CEO) and Yuriy Yashunin (co-founder and CPO), Scalarr is a premium machine learning-based anti-fraud solution that analyses impressions, click, install, and post-install data to detect ad fraud and prevent marketing losses.

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