Manifold raises $15M

Manifold, a Newton, Massachusetts-based company, has raised $15 million in Series A funding for its AI-powered clinical research platform.

Manifold’s funding round was led by TQ Ventures, with participation from new investors Calibrate Ventures and SK Ventures, as well as existing investors, including TTCER Partners. Additional investors and advisors include Dr. Gaurav Singal, Eric Just, Amar Kendale, Andrew Bialecki, Brad Porter, Steve Fredette, Jon Karlen, and Pravin Soni. Dr. Sachin H. Jain, president and CEO, of SCAN Health Plan also participated in the round.

Manifold’s platform aims to streamline the workflows of modern study and data management, helping research teams reduce the time to insights.

Just in

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.

Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.