Alchemist Accelerator announces new leadership alongside its latest class of companies Greg Kumparak

Alchemist Accelerator, the enterprise-focused startup incubator, is hosting a demo day today for its 31st batch of companies. For many of these companies, it’s the first time they’ve shown their efforts to the world. The accelerator itself, meanwhile, has some news: new leadership. Rachel Chalmers, formerly the head of AlchemistX (a division of Alchemist that …

Biomedical Data Startup Elucidata Bags $16 Mn To Scale SaaS Platform Polly Chetan Thathoo

Delhi-based biomedical data startup Elucidata has raised $16 Mn as part of its Series A funding round led by investment firm Eight Roads Ventures. The round also saw participation from F-Prime Capital, IvyCap Ventures, and Hyperplane Venture Capital.  The startup will use the funding to deepen product capabilities in translational drug research and allied markets. …

Meta reports takedowns of influence ops targeting US midterms, Ukraine war Natasha Lomas

Another bit of self-reporting from Meta today vis-a-vis internal efforts to identify and shut down political disinformation networks operating on its social platforms (aka “coordinated, inauthentic behavior” — or CIB — as it prefers to term it). Specifically, it’s reported taking down two, separate political disinformation networks — one “small” network originating from China which …

Fed’s Powell calls for DeFi regulation following ‘significant structural issues’ Manish Singh

Federal Reserve Chairman Jerome Powell ramped up his criticism of decentralized finance on Tuesday, saying the monetary policy normalization worldwide has “revealed significant structural issues” in the DeFi ecosystem and exposed “conflict of interest,” as he called for more appropriate regulation. “Within the DeFi ecosystem, there are these very significant transparency, lack of transparency [issues],” …