Skip to main content

Twitter chair and ex-Google CFO Patrick Pichette just backed deep tech startup Apheris in a $3 million seed round

* Twitter chair Patrick Pichette just backed Berlin-based deep tech startup Apheris in a $3 million seed fundraising round.  * Apheris helps private companies navigate the complexities of local data privacy laws, allowing them to extract insights from datasets through the use of AI technology.  * A growing industry, the application of deep tech in privacy is predicted to be worth $50 billion globally by 2027, according to analysts at Meticulous Research.  * Visit Business Insider's homepage for more stories. Patrick Pichette, the chair of Twitter's board of directors and Google's ex-CFO, has backed deep tech startup Apheris in a $3 million seed funding round.  Founded in 2019, Apheris helps clients analyse data without risking privacy infractions. The free flow of internal data can be a minefield for private businesses, with large bulks of valuable information remaining unusable or unshareable due to privacy, compliance, legal or security concerns. Apheris is part of Europe's burgeoning enterprise software market, which has produced high-flying startups such as Darktrace and UiPath. Seed investor LocalGlobe led the round alongside Dig Ventures and Pichette. Additional investors include Another.vc, System.One, and angel investors Charles Songhurst, NaturalMotion founder Torsten Reil, and Songkick founder Ian Hogarth. "What this year has crystallized is that the world's largest problems — from fighting pandemics and disease spread to developing life-saving drugs and reducing climate change — require collaborative efforts to solve," said CEO and cofounder Robin Röhm. "Apheris is the solution to enabling new ways to solve the complex problems of our time without sacrificing privacy or security." Join the conversation about this story » NOW WATCH: What it's like inside North Korea's controversial restaurant chain
https://bit.ly/2EdvEZ5

Popular posts from this blog

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital.  * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020.  * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories.  The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Mil...

How a trusted investor saved Attentive CEO Brian Long from building a 'disaster'

* Attentive is a buzzy New York ad tech startup. * But it might never have been born if investor Scott Friend, a partner with Bain Capital Ventures, hadn't told founder and CEO Brian Long that his original idea for the company was mediocre. * Friend and Long had met and grew to trust one another when Friend invested in Long's previous startup, TapCommerce, which sold to Twitter for $100 million in 2014. * Long had VCs pounding down his door offering excellent terms for his second idea, he told Business Insider. He had the product built and a big customer. * But Friend convinced him that his idea wouldn't pan out in the long run, Friend told us. * Because Long trusted Friend, he listened and Attentive was born: a company that makes a mobile messaging app used by over 3,000 brands and organizations, including Coach, Sephora. * Here's how their friendship helped turn Attentive into a company that might "go on forever." * Visit Business Insider's homepa...

SpaceX has a 'go' from NASA to return 2 astronauts to Earth on Sunday as Hurricane Isaias threatens several Florida splashdown locations

* NASA on Saturday gave SpaceX a "go" to undock the company's first crewed space mission, called Demo-2, and land it on Sunday evening. * Hurricane Isaias complicated original plans to return two astronauts to Earth aboard SpaceX's Crew Dragon spaceship in the Atlantic Ocean. * Elon Musk's aerospace company may now try to splash down NASA astronauts Bob Behnken and Doug Hurley in the Gulf of Mexico. * Two out of seven total landing sites near Florida must have good weather conditions, and NASA has until about 5 p.m. ET on Saturday to call off the undocking. * Should the weather worsen, NASA and SpaceX can try again a day later or some other date over the next two months. * Visit Business Insider's homepage for more stories. Astronauts Bob Behnken and Doug Hurley have a "go" to return to Earth this weekend and wrap up an historic space mission for both NASA and SpaceX.  Behnken and Hurley launched to orbit aboard SpaceX's Crew Dragon vehic...