TechTaffy

tech:

taffy

3M Invests In Israel-Based VocalZoom

By TechTaffy Desk

[Techtaffy Newsdesk]

3M Company, through its corporate venture organization 3M New Ventures,  has made an equity investment in VocalZoom, an Israel-based company that develops speech enhancement technology that enables voice communication and recognition in any environment. The terms of the transaction were not disclosed.

Nir Leshem (Managing director,  3M Israel): Israel is one of the most vibrant technical and entrepreneurial regions in the world and there are plenty of opportunities for 3M.

VocalZoom,  founded in 2010, has developed an optoelectronic microphone, that is able to substantially enhance a speaker’s voice over any background noise.

[Image Courtesy: VocalZoom]

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.