Funding & Business
Qure.ai secures $65 million in series D funding to drive global expansion and AI innovation
Qure.ai, a healthcare AI innovator, has announced the completion of a $65 million Series D funding round, which saw the participation of new strategic and financial investors led by Lightspeed and 360 ONE Asset, joined by Merck Global Health Innovation Fund and Kae Capital, says a company statement.
The investment will expedite expansion into the US market and other geographies, increase investment into foundational AI models and enable complementary med-tech company acquisitions.
Existing investors also participated in the round, including Novo Holdings, Health Quad, and TeamFund.
Botswana’s credit rating was cut by S&P Global Ratings, another blow to its diamond-dependent economy that’s struggling with a slump in demand for its gems.
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Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu Dhabi’s Infinity Investments is unlikely to close this month as planned, Il Sole 24 Ore reported.
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