Horizons Ventures

Nourish Ingredients gets $28.6M boost for its animal-free fats

The company expects its first fats product to go into alternative protein product lines and specialty foods in 2023.

Otter.ai slashes free monthly transcription minutes to 300, but opens recorder bot to all

There’s good news and bad news for users of the Otter.ai transcription service. The good news is that Otter Assistant — a bot that can be configured to record meetings automatically — will n

Australia’s Fertilis raised $2M to automate IVF embryo culturing

Adelaide-based startup Fertilis is the latest to join a wave of companies worldwide that are trying to make in vitro fertilization (IVF) less stressful and more successful for patients and clinicians.

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 called one of the largest Serie

Vimeo snaps up AI video startup Wibbitz and ‘shoppable’ video tech maker Wirewax to expand its enterprise video tools

Vimeo, the B2B video platform that spun out from IAC earlier this year, has made a pair of acquisitions aimed at building out the suite of features and tools it offers to businesses to create and run

Seasoned spices up restaurant hiring after bagging $18.7M

Seasoned launched in Dallas last year and has attracted over 300 brands operating 100,000 locations.

Medal.tv, a video clipping service for gamers, enters the livestreaming market with Rawa.tv acquisition

Medal.tv, a short-form video clipping service and social network for gamers, is entering the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which had raised aroun

Discord buys Sentropy, which makes AI software that fights online harassment

The online chat platform Discord is buying Sentropy, a company that makes AI-powered software to detect and remove online harassment and hate. Discord currently uses a “multilevel” approac

Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron

Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that deve

While other startups develop alt-proteins for meat replacement, Nourish Ingredients focuses on fat

Plant-based meat replacements have commanded a huge amount of investor and consumer attention in the decade or more since new entrants like Beyond Meat first burst onto the scene. These companies have

Bob Iger goes from managing Mickey to directing a milk replacement startup as new Perfect Day boardmember

Bob Iger, the chairman and former chief executive at Walt Disney, is trading his mouse ears for milk substitutes as the new director of massively funded dairy replacement startup Perfect Day. Milk sub

South Korea pushes for AI semiconductors as global demand grows

The South Korean government has made no secret of its ambition to be a key player in the global artificial intelligence industry, including making the semiconductors powering AI functionalities. This

Alternative protein companies have raised a whopping $1.5 billion through July of this year

Companies like Perfect Day, Impossible Foods and a host of other startups that are developing replacements for animal-farmed goods used in food, clothes, cosmetics and chemicals have raised a whopping

Brightseed raises $27 million for phytonutrient identification tech used in food and nutraceuticals

Brightseed, the company launched by former Hampton Creek head of research and development, Jim Flatt, to identify the presence of specific nutrients in plants that are believed to boost human health,

Kneron launches its new AI chip to challenge Google and others

Fresh off a $40 million Series A round, edge AI specialist Kneron today announced the launch of its newest custom chip, the Kneron KL 720 SoC. With funding from the likes of Alibaba, Sequoia, Horizons

Brave Robot ice cream launches as the first brand from the Perfect Day-backed Urgent Company

The founders of the alternative dairy protein manufacturer, Perfect Day, have joined with a longtime product developer in the dairy industry to create a new sustainably focused consumer food company c

The tech industry comes to grips with Hong Kong’s national security law

Scott Salandy-Defour used to make frequent stops at a battery manufacturer in southern China for his energy startup based in Hong Kong. The appeal of Hong Kong, he said, is its adjacency to the plenti

Manufacturing startup Divergent 3D reduces staff by one-third

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations

Replacing plastic with plant pulp for sustainable packaging attracts a billionaire backer

In a small suburb of Melbourne, two entrepreneurs are developing a technology that could mean big changes for the packaging industry. Stuart Gordon and Mark Appleford are the co-founders of Varden, a

Impossible Foods confirms $500 million fundraising, has raised $1.3 billion in total

Impossible Foods, the privately held meat replacement challenger to publicly traded Beyond Meat, said it has raised roughly $500 million in its latest round of funding. The new investment brings the c
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