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- 1Sofinnova closes oversubscribed €82 million MedTech startup fund●Sofinnova Partners closes oversubscribed €82 million MD Start IV fund to build new MedTech startups
Sofinnova Partners, the Paris-based venture capital firm, has closed its MD Start IV fund at €82 million, exceeding its original target. The fund will be used to found and back new MedTech startups, following Sofinnova's model of building companies from scratch alongside inventors and clinicians. The oversubscribed close signals continued investor appetite for early-stage medical technology despite a tougher funding climate.
- 2Edtech Startup Launches 'Nursing Brain' Study Tool for Nursing Students▼This Edtech Startup's 'Nursing Brain' Tells Students What to Study Next
An edtech startup has introduced a tool called 'Nursing Brain' that tells nursing students what to study next. The product aims to guide learners through their coursework by pointing them to the most relevant material at each stage. Coverage so far has focused on how such adaptive study guidance could fit into nursing education.
- 3Japan's Kawaijuku backs Vietnam's Do Ventures Fund II for education▼Japan's Kawaijuku backs Vietnam's Do Ventures Fund II to build education plays
Japanese education group Kawaijuku has become an investor in Do Ventures' second fund in Vietnam, with the aim of backing education-focused startups in the country. The tie-up links an established Japanese test-prep and education company with one of Southeast Asia's most active early-stage venture firms, as investors look to Vietnam's growing edtech and education services market for new opportunities.
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AMD has agreed to acquire World Labs in a deal valued at $8.2 billion, according to ETIH EdTech News. World Labs is a spatial intelligence startup founded by AI pioneer Fei-Fei Li, and the acquisition would mark a major move by AMD into spatial AI and 3D world-model technology. Details on closing timeline and regulatory review have not yet been reported.