School is almost over and summer is almost here. Most people have a lot going on in their lives, so let’s take a look at some intriguing startups that raised money this month that you may have missed.
This month’s rounds included the whole lot from extra support for cancer survivors to using your automobile to get a loan. Let’s take a look.
AI parenting
Depending on who you talk over with, AI can solve the whole lot. But can this solve the problem of creating sure your kids are watching what they needs to be watching online?
Well, possibly — at least that’s what one Nashville, Tennessee startup guarantees. Angel AI Co.which has created an artificial intelligence platform that it says gives children ages 5 to 12 an “age-appropriate” online experience, has raised a $4.75 million seed round led by Cortical endeavors this month.
Angel AI says it uses large language models, natural language processing, speech recognition and other technologies to generate age-appropriate answers to kid’s questions and deliver what the company says is engaging but protected content and entertainment.
The platform has the ability for a child to learn and understand over time and provides video and audio options at their level of understanding to help them learn.
Angel content is also ad-free and includes a parent information portal that can inform parents about their kid’s interests.
Makes it rain
One thing humanity still hasn’t discovered is how one can control Mother Nature.
Nevertheless, an El Segundo, California-based startup is trying it when it involves rain.
Rainmaker Technology raised a seed round price USD 6.3 million from a large group of investors, which included, among others, Long journey expeditions, Champion Hill Ventures AND Garry Tan. The startup’s goal is to develop cloud seeding techniques, a weather modification tool discovered last century that goals to insert ice nuclei into clouds and cause, well, rain.
Cloud seeding can work, but the query is often how well it really works. Also appeared in News Lately.
Rainmaker hired its first engineers this yr, and now it appears able to hit the field in 2024 and make rain.
Fight against obesity
In the US, greater than 2 in 5 adults – 42.4% – are obeseso clearly this is a problem.
However, it may well even be complicated for many reasons. Activation The Science of Phenomix tries to shed some light on the problem. The Menlo Park, California-based biotechnology company closed a $5.5 million Series A this month, including DexCom, LabCorp AND Health2047 searching for to leverage data intelligence in the treatment of obesity.
A startup that was born from Mayonnaise clinic, claims to have developed a phenotypic test that can provide insight into genetics and determine the reason behind an individual’s obesity. The test is already used by obesity treatment providers in the US and can discover subtypes of obesity-related disease caused by the interaction of genes and the environment.
These different phenotypes can include, for example, emotional hunger or a hungry gut – defined as when someone eats a full meal but feels hungry shortly afterwards. Knowing the phenotype may allow for higher treatment.
In addition to Series A, the company also secured $1.8 million National Institute of Health research grant.
Obesity is a serious disease and could be caused by many aspects. Knowing the source of a specific patient’s problem can lead to raised outcomes.
Caring for cancer survivors
Beating cancer is difficult. However, sometimes beating cancer may also be difficult.
CoverageCareformerly VivorCare, closed a $4.5 million seed round this month led by .406 Ventures launching a model of care for cancer survivors.
The Boston startup’s virtual cancer survivor care model provides patients with a care team of survivorship-trained clinicians, and initial areas shall be toxicity management, mental health support, care navigation and planning, and preventive care. The first regional rollout shall be in partnership with Tennessee Tennessee Oncologyalso an investor.
According to the company, the variety of cancer survivors in the country is growing rapidly and is expected to double to 22 million between 2008 and 2030. Offering survivors help to combat fatigue and anxiety and cope with the complexities of screening and monitoring is vital, especially after the hardest battle of their lives.
Credit automobile?
Although many people take having a bank card for granted, this could be difficult for many individuals who have low creditworthiness or have difficulty building a credit history.
Based in Dallas Going closed $150 million in debt financing led by i80 group attempt to help these people – using something that many already have.
While some people may not have a strong credit history, they do have a automobile. Yendo provides a vehicle-secured bank card that allows consumers to leverage the equity in their cars to get as much as $10,000 in revolving credit. An individual’s credit line increases proportionally as they repay their automobile loan each month.
The card is also available to customers who do not yet own a vehicle but resolve to refinance their automobile loan through Yendo.
The company’s card is currently available in 40 U.S. states and hopes to expand with recent funding.
For many people, a automobile is their Most worthy possession. Being capable of access credit by using it makes sense.