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INVESTORS AND FUNDING
Lithuania’s Biomatter raises $18M for AI enzyme design
Astanor led the oversubscribed round for the Vilnius startup, whose AI enzyme design work counts AstraZeneca, BASF and Sanofi as customers. The money pays for a new lab and a bigger US push.
QUANTUM TECH
AMD plans to invest in PsiQuantum as they team up on quantum computers
The two will co-design the computing systems that run large quantum computers, starting with drug discovery. Neither PsiQuantum nor AMD has said how much AMD will invest.
CORPORATES AND INNOVATION
HubSpot brings back co-founder Brian Halligan as CEO to ‘refound’ it
Brian Halligan told Bloomberg he does not want HubSpot “swallowed up by a private equity firm”. Its shares have halved this year, and Adobe’s Karen Burgess will become finance chief.
NVIDIA
Singapore barred Alice Huang after she gave police inaccurate information
Singapore police found too little evidence that Alice Huang committed an offence, but say she misled them about Megaspeed. Taiwan has also revoked her entry permit after she entered on a Hong Kong passport.
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