April’s funding rundown centers on some pretty highly technical industries, from biotech to national intelligence to climate tech.
We offer this rundown soon after the latest PitchBook-NVCA Venture Monitor report on venture capital activity showed a rebound in the first quarter of 2023 — still nowhere near the numbers at the height of the pandemic, though it’s clear which technologies are getting increased attention and funding: artificial intelligence, machine learning and high-level data analysis.
That’s evidenced in some of the deals below. Add to that: Just days ago, Booz Allen Ventures, the investment arm of the defense giant, invested an undisclosed amount in San Francisco-based Credo AI. The White House has signaled its own interest in AI by announcing $140 million toward creating seven new institutes for AI research and development. And the future use of AI has even been a sticking point for the recent Writer’s Guild of America’s strike.
Now, it’s time to take…
Read the full story from the Washington Business Journal.
