The Department of Telecommunications (DoT) will continue its support for telecom startups through the DCIS scheme. Dendra Systems, a UK biodiversity startup, secures $15.7 million in Series B funding. Plus, Samsung Medison acquires French AI ultrasound startup Sonio for $92.7 million. Also, a Japanese startup revolutionizes manga translation using AI.
Sources:
https://telecom.economictimes.indiatimes.com/news/industry/dot-to-continue-dcis-scheme-for-startups-in-one-form-or-other/109940762
https://www.businessinsider.com/dendra-systems-raises-157-million-series-b
https://techcrunch.com/2024/05/07/samsung-medison-to-aqcuire-french-ai-ultrasound-startup-sonio-for-92-7m/
https://www.japantimes.co.jp/business/2024/05/08/companies/startup-to-use-ai-to-translate-manga/
Outline:
(00:00:00) Introduction
(00:00:43) DoT to continue DCIS scheme for startups in ‘one form or other’
(00:03:15) Exclusive: Biodiversity startup Dendra Systems has secured a $15.7 million Series B
(00:05:42) Samsung Medison to aqcuire French AI ultrasound startup Sonio for $92.7M
(00:08:22) Japanese startup to use AI to translate manga
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