TechTaffy

tech:

taffy

NextCode Health Raises $15M

By TechTaffy Desk

NextCode Health, a private company enabling accelerated diagnosis of genetic diseases through the use of sequence data, has raised $15 million in Series A financing from Polaris Partners and Arch Venture Partners.

The company has also secured an exclusive license for sequence-based clinical diagnostic applications using technology developed by Decode Genetics, including IT infrastructure and data analysis capabilities.

NextCode Health is a sequence-based clinical diagnostics company that offers a solution to genome interpretation and big data challenges, using technology developed over more than 16 years at Decode Genetics, a biopharmaceutical company based in Reykjavík, Iceland.

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.