Drive Capital

Path Robotics Secures $100M of Venture Capital Funding: AI-enabled Robotic Welding Company Closes Series D Funding. Read more about what we're doing here! https://lnkd.in/gcknqkqd #fabtechexpo #fabtech2024 #airobotics

Introducing - AI for Modern Litigation The newest version of Alexi is releasing very soon - we're delivering you AI-powered efficiency for litigation workflows, document generation, and strategic focus. With this new version you'll: Receive fast, accurate legal insights: Get precise answers to complex legal questions in real-time with our enhanced AI Conversational Assistant. Generate and analyze documents with ease: Effortlessly upload documents for comprehensive analysis, generate litigation-ready documents, and receive detailed summaries, all secured with enterprise-grade protection. Manage with efficiency: Seamlessly track your activity and manage your documents with intuitive, user-friendly workflows. If you’ve been following us for awhile you know Alexi started as a platform focused on legal research, but we’re now evolving to support every aspect of a litigator’s daily workflow. We're transforming into the all-in-one platform that meets the full range of litigation needs. With AI that enhances your workflow, Alexi ensures you stay ahead on every case. Stay tuned for many exciting updates to come over the course of the next month! Be the first so see it in action, request a demo today: https://lnkd.in/giPS-mCk #legalai #ai #litigators #aitools

Vironexis is entering the clinic with the first-ever clinical trial of an AAV-delivered cancer immunotherapy. Oh and it has a pipeline of over 10 additional candidates behind it. Congrats Timothy Cripe, Samit Varma, and Brian Kaspar on this groundbreaking work! We are very excited to be a small part of the journey. And it is just another example of fantastic research coming out of Nationwide Children's Hospital

We’re proud to announce the raise of our $20 million Series?A funding round, led by Nick Solaro of Drive Capital, which enables us to bring our scalable AI solutions to even more healthcare providers. We also want to thank Nick Dolik and TriplePoint Capital for joining the mission. We’re excited to continue investing in the most powerful AI tools for healthcare providers with the launch of our latest AI Agents: EVA, CAM, and PHIL, to supercharge the best RCM teams. A huge shoutout to our amazing team of warriors working relentlessly to fix the U.S. healthcare system. ?? Rebecca Torrence Business Insider

Breaking: Eventtech company raises $35 million. Sources confirmed it. A Canadian company closed a series B funding of $35M. If confirmed, this brings up the total raised to $65 million. While we are distant from the rounds raised by virtual event platforms during the pandemic, this is a remarkable story for the new event industry. / A story that reinforces how we moved from virtual to physical. / A story that confirms the health and strength of our industry. The company, sources confirm, is Planned. ———————————————————— What does Planned do? It is a sourcing platform that looks after tricky aspects of the event planning process. Travel Venues F&B Room Block ———————————————————— / Why does it matter? These are significant issues for corporate planners, HR managers, and PAs who plan dozens, if not hundreds, of small—to medium-sized meetings. This lower-mid market is left to itself as it is not big enough to be serviced by large-scale suppliers and not small enough to skip items like travel and room blocks. ———————————————————— / It failed before Many approached this audience with marketplace solutions. In several cases, they failed because of low supplier adoption or perceived platform fatigue by already busy planners. Planned (and similar platforms) offers the ability to be supported by sourcing specialists, effectively templatizing use cases. This approach reduces the perceived complexity of events. ———————————————————— / Why this is news It is a noteworthy raise at a critical time for technology companies when raising capital is significantly more problematic. I am very excited about the future of the industry. Are you?

"One of the things that I loved about founding Forge, and doing it here in Columbus, was having the chance to build something that was meaningful and has impact – and I think I get to have a front-row seat to doing that at Drive, on the other side of the table." We're thrilled to welcome Forge Biologics Co-Founder Erandi De Silva, PhD to the Drive Team.

We're excited to announce a new long-term, strategic partnership with a group of global institutional investors.

I’ve said it before, but I’ll say it again: Atlanta is the next AI Hub ?? Central to that effort is the phenomenal work happening with my friends at the Georgia Institute of Technology ?? From a recent JLL report: Georgia Tech has more graduates working in AI than any other school in the country making up 3.2% of all current AI talent. That’s an incredible achievement. The report also highlights: ?? STEM graduates in metro Atlanta have increased by 54% in the last four years ?? Average tech salary job in metro Atlanta is > $130,500, 2nd largest in the Southeast Founders, particularly those building AI native applications, all the talent you need to build and scale your startup can be found right here in the heart of Atlanta. If things like low cost of living, great weather, fantastic STEM talent and unmatched southern hospitality are valuable to you, come build it in Atlanta ?? ?? https://lnkd.in/ekbn4zYN

Major congrats to Forge Biologics co-founders Erandi De Silva, m. jaysson eicholtz, Timothy J. Miller, and Drive Partner Molly Bonakdarpour for achieving this incredible milestone! Forge began in Drive's office four years ago. What incredible execution by the entire Forge team to bring such a big idea to life in such a short amount of time. Hats off to you all ??

What major metro is growing the fastest? Survey says. . .