Startup News - Ocean Mapping, Foraging, Smartphone Ear Infections, Cheerios, Elon Musk, Nuclear SPAC, Baby Formula, AI Ultrasounds and More

2023 has been slow across the board. When things are slow, there can be a higher tendency to want a fast fix and fall for a sexy pitch. People will sell you sizzle, but experts will tell you the truth.

No amount of marketing will pump up your revenue overnight.?You aren't going to go viral. A new website alone won't suddenly make your entire target market aware that you have exactly what they need. A single campaign won't move the needle.?

What will work? A lot of consistent smart, hard work in multiple areas.

We're experts. Want to chat??Book a time on our calendar.?

Funding news from the startup world?last?week:

• Waverly Diagnostics, a?startup using smartphones to diagnose ear infections, raised $1.4M. Their app that turns a smartphone into an acoustic tool that can quickly and easily detect fluid in the ear, the leading indication of ear infections. The process is non-invasive, painless, and can save a trip to urgent care or the emergency room.
• Sonio, a?French medical technology startup using?AI for prenatal screening and diagnostics, raised a $14M Series A. Their platform?uses AI to automate ultrasound reporting, ensuring quality control of images and identifying potential anomalies.
• Bedrock, a startup that has a?portable autonomous underwater vehicle (AUV) for ocean mapping for offshore wind surveys, raised $26M.?Their AUV technology and cloud data platform was created to reduce the time, environmental impact, and costs associated with seafloor exploration.
• Bobbie, an?infant formula startup, raised $70M and acquired Nature's One, a 26-year-old pediatric nutrition company. This gives Bobbie end-to-end control over formula manufacturing through a new facility. Founded in 2019, Bobbie has grown 394% year over year, with $100M in revenue and over 100 employees.
• Foraged, a?DC based online marketplace for wild and specialty foods, raised $2.7M. Founded?in 2021 Foraged makes it easy for consumers to buy wild and specialty foods from independent foragers and farmers.?Last year they saw 400% revenue growth.

Meanwhile,?in Other Startup News...

• Elon Musk?unveils AI?startup with execs from DeepMind and Microsoft, with goal to?‘understand the true nature of the universe’
• General Mills?is paying this agri tech startup to help?make Cheerios greener
• Sam Altman, the chief executive behind ChatGPT, is?taking a nuclear energy startup Oklo?public?via his special purpose acquisition company (SPAC)

I had the best afternoon at the shelter this week - especially with this good boy!? Adopt, don't shop!