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Capitol raises $10M

New York-based Capitol, has raised a $10 million seed round. 468 Capital, Designer Fund, Fuel Capital, Tokyo Black (Looker founder), Brian Chesky (founder/CEO, Airbnb), Chase Coleman III (founder, Tiger Global), Nomad Capital, AirAngels, Sanno Capital, and John McCormick (formerly Blackstone) participated in the funding round.

Capitol provides AI-based actionable insights and data storytelling from healthcare data for healthcare insurers.

 

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Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.