Abbott tells CES it’s getting into consumer biowearables

US medical device maker, Abbott, is moving into making general purpose consumer biosensing wearables. The company has been making continuous glucose monitor (CGM) hardware for diabetes management for years (since 2014) — but in a healthtech keynote at CES yesterday, Abbott’s chairman and CEO, Robert B Ford, announced it’s developing a new line of consumer […]

EU clears Microsoft-Nuance without conditions

The European Union’s competition regulator has given the all-clear to Microsoft’s $19.7 billion purchase of transcription tech firm Nuance, which was announced earlier this year. The EU said today it has concluded there are no competition concerns for the region if the acquisition goes ahead, clearing it without conditions. The deal was notified to the […]

American Express taps Opy for its first US third-party BNPL offering

Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Australian fintech Openpay, to allow all of its U.S. cardmembers to pay in installments for qualifying purchases in the healthcare and automotive segments. […]

Sydney-based medtech startup Harrison.ai gets $129M AUD led by Horizons Ventures

Harrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD (about $92.3 million USD) in what it says is one of the largest Series B rounds ever for an Australian startup. The funding was led by returning investor Horizons Ventures, and included participation from new investors […]

Portugal’s ‘Predictive maintenance’ startup Stratio pulls in a $12M Series A round led by Forestay

The fleet management industry needs to be able to predict when a truck or a van is about to break down. Not only does this prevent millions in lost revenues, it also has huge implications for supply chains. ‘Predictive maintenance’ is one of those spaces in which you will find several incumbent companies, such as […]

Investors: Up your ante at the iMerit ML DataOps Summit 2021

The “oil bidness,” as they say in Texas, is so 20th century. Data, artificial intelligence and machine learning are the power triad fueling the future. If you’re an investor placing bets on the data operations market, you can’t afford to miss the iMerit ML DataOps Summit on December 2, 2021. This free, one-day virtual conference […]