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.
LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, announced LinkSquares Dashboard, the first customizable business intelligence tool for legal departments. With LinkSquares Dashboard, general counsel and legal teams can easily provide executive summaries on the state of contracts, highlight team productivity, uncover agreement bottlenecks and reveal insights to take a strategic seat at the organizational table and drive the business forward.
Francisco Partners, a leading global investment firm that specializes in partnering with technology and healthcare businesses, announced the pending sale of Capsule Technologies, Inc. (Capsule) to Royal Philips (Philips) for $635 million in cash consideration. Francisco Partners’ investment in Capsule helped support the company’s growth and expansion across medical device integration, patient monitoring, and clinical surveillance solutions. Founded in 1997, the company has grown to serve over 2,800 hospitals and healthcare organizations in 40 countries, impacting over 20 million patients annually.
Aledade announced it has closed a $100 million Series D funding round following a year of significant growth for its national network of risk-taking primary care practices. Returning investor Meritech Capital led the round, which included new growth investors Tiger Global Management and IVP, and returning investor OMERS Growth Equity.
Satellogic, the first company to develop a scalable Earth observation platform with the ability to remap the entire planet at both high-frequency and high-resolution, announced a Multiple Launch Services Agreement (MLA) with SpaceX. Through the agreement, SpaceX becomes Satellogic’s preferred vendor for rideshare missions. The first launch, scheduled for June 2021, will deliver Satellogic satellites to Low Earth Orbit on a Falcon 9 rocket.
Axela Technologies, the nation’s leading provider of collection services to the Community Association Industry, announced that it has received a minority growth equity investment from Blueprint Equity. The amount of the deal was not disclosed. In conjunction with the investment, Blueprint Equity will join the Board of Directors.