All posts tagged: 15M

DfE launches £15m pot to find first 300 schools

DfE launches £15m pot to find first 300 schools

Published by skeptic

The first school-based nurseries pledged by Labour in its manifesto will open next September, with a £15 million capital funding round for up to 300 nurseries due to launch next month. The party pledged to create 3,334 nurseries in space freed up by falling pupil numbers in primary schools, which it said would create 100,000 more childcare places. Bridget Phillipson Today, education secretary Bridget Phillipson told the Labour Party conference in Liverpool that “those extra places start opening next year. “The first phase of our new nurseries, a high quality early education, boosting life chances for children and work choices for parents.” From next month, primary schools will be able to bid for a share of a £15 million capital funding pot to convert empty classrooms into 300 nurseries. This works out on average at £50,000 per school. Schools with existing nurseries will be allowed to bid to expand their provision, and these expanded nurseries will count towards the 300 target. Funding will be allocated to successful schools in spring 2025 to “support delivery for …

Sample Series A pitch deck: Cloudsmith’s m deck

Sample Series A pitch deck: Cloudsmith’s $15m deck

Published by skeptic

Back in September 2021, Cloudsmith raised $15 million in Series A funding for its cloud platform that manages companies’ software supply chains. At the time, that was the largest Series A round for a Northern Ireland company since 2005, so it definitely got something right! I was delighted to look over Cloudsmith’s deck to see how it did it. The deck included some redacted numbers, but there was still enough data to get a good picture. We’re looking for more unique pitch decks to tear down; here’s how you to get involved. Read our 90+ Pitch Deck Teardowns here. Slides in this deck The presentation has 36 slides — 25 make up the main deck, eight are in the appendix and three are addenda. While it is substantial, there is room for improvement. For example, I’d remove unnecessary slides like the organizational chart (nobody cares and certainly not in an intro deck) and combine similar slides, such as the competition and competitor pricing slides. While there is much to appreciate about the deck, let’s take …

Triomics taps LLMs to accelerate cancer care, raises M

Triomics taps LLMs to accelerate cancer care, raises $15M

Published by skeptic

Join us in returning to NYC on June 5th to collaborate with executive leaders in exploring comprehensive methods for auditing AI models regarding bias, performance, and ethical compliance across diverse organizations. Find out how you can attend here. As many continue to debate the role of AI in healthcare, startups are going all in on the technology – with the full support of venture capital firms. Today, San Francisco-based Triomics, a startup looking to accelerate cancer care with generative AI, announced its $15 million from Lightspeed, Nexus Venture Partners, General Catalyst and Y Combinator.  Founded by former MIT and Adobe researchers Sarim Khan and Hrituraj Singh, Triomics has developed a family of large language models (LLMs), dubbed OncoLLM, that streamlines the complex and time-consuming oncology-related workflows staffers at medical centers have to go through to determine the right treatment path for a patient.  The models work with a set of workflow-specific tools and have been proven to do tasks that would usually take days or weeks in just minutes. “We have successfully merged expertise in …

Triomics raises M Series A to automate cancer clinical trials matching

Triomics raises $15M Series A to automate cancer clinical trials matching

Published by skeptic

For cancer patients, medicines administered in clinical trials can help save or extend lives. But despite thousands of trials in the United States each year, only 3% to 5% of eligible patients enroll in investigations of new treatments. Triomics, a generative AI startup, claims it can significantly reduce the time it takes doctors to match patients with trials.   Doctors’ recommendations are often key to getting patients enrolled. However, busy oncologists and nurses often lack the time to learn about all the clinical trials that may be right for their patients.  I am not a doctor, so I don’t know about the day-to-day challenges of oncology medical staff. But I unfortunately know from personal experience how hard it is to find clinical trials for cancer patients. When my father was sick, I spent countless hours poring over clinicaltrials.gov, a website and database that lists thousands of ongoing trials. And just in March, I spent half a Saturday trying to find a clinical trial for a friend who has stage IV cancer. Her doctor only offered one …

1440 Media: One email newsletter, 15 staff and m revenue

1440 Media: One email newsletter, 15 staff and $15m revenue

Published by skeptic

1440 Media CEO Tim Huelskamp 1440 may be the biggest media brand you’ve never heard of. It has an email subscriber list of 3.5 million, and it is growing at a rate of 250,000 new readers per month, mainly in the US, according to Tim Huelskamp, the CEO. Written in-house, its Daily Digest email aims to tell you everything you need to know by selecting the most important stories of the day, summarising them and linking through to publisher sources. The business is funded entirely through native advertising placements and sponsorship slots on the email. 1440 only collects readers’ email addresses and it publishes just one daily edition. 1440 is part of the new breed of politically nonpartisan American news brands — others include Semafor, The Free Press, Axios and The Messenger (now defunct) — gaining readers in a market dominated by newsrooms that overtly lean left or right. Its slogan is “All your news. None of the bias.” Related Its business model relies on paying to acquire new readers and then selling ads against …

Zendaya’s ‘Challengers’ Battling for M Box Office Opening

Zendaya’s ‘Challengers’ Battling for $15M Box Office Opening

Published by Sam

Zendaya‘s romance-tennis drama Challengers is battling to serve up a $15 million opening at the box office but will have enough points to win the weekend match either way. MGM Amazon Studio opened Luca Guadagnino‘s sexy adult drama nationwide, versus giving it a platform release, a bold decision considering it’s more of an arthouse movie than a commercial play. MGM is still predicting a $15.2 million start based on Friday’s gross of $6.2 million from 3,477 cinemas and Zendaya’s huge fan base. Rival studios, however, have it coming in anywhere between $13.5 million and $15 million (heading into the weekend, tracking suggested the latter number). Audiences aren’t embracing the R-rated film to the degree that reviewers did, giving it a B+ CinemaScore. Female moviegoers made up 58 percent of Friday’s audience, while a whopping 76 percent of ticket buyers were between ages 18 and 34. Challengers is performing best on the two coasts and benefiting from playing to an ethnically diverse audience. White moviegoers made up 43 percent of Friday ticket buyers, followed by Latino …

OpenAI Startup Fund quietly raises M

OpenAI Startup Fund quietly raises $15M

Published by skeptic

The OpenAI Startup Fund, a venture fund related to — but technically separate from — OpenAI that invests in early-stage, typically AI-related companies across education, law and the sciences, has quietly closed a $15 million tranche. According to a filing with the U.S. Securities and Exchange Commission, two unnamed investors contributed the $15 million in new cash on or around April 19. The paperwork was submitted on April 25, and mentions Ian Hathaway, the OpenAI Startup Fund’s manager and sole partner. The capital was transferred to a legal entity called a special purpose vehicle, or SPV, associated with the OpenAI Startup Fund: OpenAI Startup Fund SPV II, L.P. SPVs allow multiple investors to pool their resources and make an investment in a single company or fund. In the VC sector, they’re sometimes used to invest in startups that don’t fit a fund’s strategy or that fall outside a fund’s terms. SPVs can also be marketed to a wider range of non-institutional investors. It’s the second such time the OpenAI Startup Fund has raised capital through …

Meghan Markle unveils hidden detail of m Montecito home everyone missed

Meghan Markle unveils hidden detail of $15m Montecito home everyone missed

Published by skeptic

Meghan Markle upped and moved back Stateside in 2020 alongside her husband Prince Harry after the couple decided to step away from life in the UK and their duties as senior members of the royal family. However, four years, a memoir and a Netflix documentary later, it seems the Duchess of Sussex is putting her head above the parapet once again as she recently launched a fresh Instagram account teasing the launch of her new lifestyle brand, American Riviera Orchard. Meghan, 42, shared a promotional video for the venture, which featured the Duchess arranging flowers in a vase and baking, but there was one snippet of the video that unveiled a corner of their stunning mansion in Montecito that everyone missed. © GettyHarry and Meghan moved Stateside in 2020 The clip, seen below in the full video shared by American Riviera Orchard – a nod to their home in Santa Barbara – shows the mother-of-two walking through the sprawling hallway surrounded by exposed brick in a long, black gown. The video was filmed using an old …