## A Game-Changer in Organ Transplants

A **startup** has made headlines by raising **$191 million** to develop a groundbreaking technique for editing **pig organs** for human transplantation. This innovative approach could potentially address the critical shortage of human organs available for transplant.

## The Need for Organ Transplants

With thousands of patients waiting for organ transplants, the demand far exceeds the supply. This startup aims to revolutionize the field by genetically modifying pig organs, making them suitable for human patients. The technology is expected to help save countless lives.

## Funding and Future Plans

The recent funding round will allow the company to advance its research and development efforts. Investors are optimistic about the potential impact of this technology on the healthcare system, especially in the field of transplantation.

## Ethical Considerations

While the prospect of using animal organs for human transplants is exciting, it also raises **ethical questions** about animal welfare and the implications of genetic modification. The startup is committed to addressing these concerns transparently as they move forward.

![Pig Organ Research](https://www.axios.com/favicon.ico)  

## Conclusion

As this startup continues its journey, the potential to change the landscape of organ transplants is within reach. The upcoming developments will be closely monitored by both the medical community and potential patients alike.

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Breakthrough in Transplants: Startup Secures $191 Million to Edit Pig Organs for Human Use

### The Rise of Women-Led Businesses

Did you know that there are over **13 million female-led businesses** in the U.S.? This accounts for **42%** of all businesses in the country, generating over **$3.9 trillion** in annual revenue. The number of women-led businesses keeps growing, and with it, the demand for funding.

### Why Grants Matter for Women Entrepreneurs

Women entrepreneurs often face challenges in securing traditional small business loans, typically receiving **31% less funding** than their male counterparts. This is where **grants** become crucial. Unlike loans, grants do not need to be repaid, providing a vital source of funding for women looking to launch or grow their businesses.

### Top Grants for Women-Led Businesses
Here are **10 grants** that women entrepreneurs should consider:

1. **[Grants and In-Kind Support for Organizational Development](https://www.grantwatch.com/grant/186824/grants-and-in-kind-support-to-usa-canada-and-international-women-entrepreneurs-for-business-and-organizational-development.html)**: Up to $500 to enhance business development.
2. **[Engineering Education](https://www.grantwatch.com/grant/215883/grants-to-usa-canada-and-international-nonprofits-for-developmental-and-instructional-projects-in-engineering-education.html)**: Grants for nonprofits to promote women in engineering.
3. **[Internet Commerce Development](https://www.grantwatch.com/grant/164169/grants-to-virginia-women-and-minority-owned-small-businesses-for-internet-commerce-development.html)**: Grants for women and minority-owned businesses to enhance their e-commerce presence.
4. **[Advance Diversity in Entrepreneurship](https://www.grantwatch.com/grant/201347/grants-to-usa-nonprofits-to-advance-diversity-in-the-fields-of-entrepreneurship-and-investments.html)**: Funding for programs benefiting under-represented communities.
5. **[Leadership Development Program](https://www.grantwatch.com/grant/201120/opportunity-for-california-illinois-and-texas-underrepresented-women-business-founders-to-participate-in-a-leadership-development-program.html)**: A program for underrepresented women business founders.
6. **[Development for Female Entrepreneurs](https://www.grantwatch.com/grant/214434/grants-to-usa-nonprofits-to-support-business-growth-and-development-for-female-entrepreneurs.html)**: Grants up to $30,000 for nonprofits supporting female entrepreneurs.
7. **[Business Start-Up Support](https://www.grantwatch.com/grant/191183/grants-to-wisconsin-women-in-eligible-counties-for-business-start-up-support.html)**: $2,000 grants to women starting new businesses.
8. **[Mentorship Program](https://www.grantwatch.com/grant/195125/opportunity-for-usa-small-businesses-to-participate-in-a-mentorship-program.html)**: A program to help small businesses grow and compete for contracts.
9. **[Support Businesses and Projects](https://www.grantwatch.com/grant/214772/grant-to-a-usa-canada-or-international-woman-of-caribbean-and-african-descent-to-support-their-businesses-and-projects.html)**: Grants for women of Caribbean and African descent.
10. **[Business Growth and Development](https://www.grantwatch.com/grant/214433/grants-and-in-kind-support-to-usa-female-entrepreneurs-for-business-growth-and-development.html)**: Support for women-led businesses focusing on social impact.

Women-led businesses are a **powerful force** in the U.S. economy, and grants can empower these entrepreneurs to turn their innovative ideas into reality. With platforms like **GrantWatch**, women can find the necessary support to thrive and drive economic impact.

Let’s talk about grants for women-led businesses! GrantWatch has grants for women-led small businesses and women starting new business ventures!

Unlocking Opportunities: 10 Essential Grants for Women Entrepreneurs

![Perception Point's Founders](https://pic1.calcalist.co.il/picserver3/crop_images/2021/04/21/1075902/1075902_0_0_1200_800_0_large.jpg)

The **Israeli cyber industry** continues to experience exits as the year draws to a close, although not all are as profitable as expected. Recently, **Fortinet**, a major American cybersecurity firm, announced its acquisition of the Israeli startup **Perception Point**, which has raised around **$75 million** in funding. While the deal's value was not officially disclosed, estimates suggest it is approximately **$100 million**.

Fortinet, boasting a market cap of **$75 billion**, aims to enhance its security offerings to cater to businesses transitioning to **cloud-first and hybrid environments**.  

Perception Point’s **AI-powered technologies** safeguard critical collaboration tools like **Slack**, **Teams**, and various cloud applications, alongside web browsers and social platforms. These technologies will be incorporated into Fortinet's **Security Fabric**, a unified platform aimed at streamlining cybersecurity solutions.

Founded in **2015** by **Michael Aminov** and **Shlomi Levin**, both alumni of the Israeli Defense Forces’ Intelligence Corps, Perception Point is led by **Yoram Salinger**, a former CEO at RedBand. The company has attracted investments from notable firms, including **Red Dot Capital**, **Nokia Growth Partners**, **Pitango**, and **SOMV**.

This acquisition is not Fortinet's first venture into the Israeli cyber market; the company previously acquired **EnSilo** in **2019**.

Despite raising $75M in funding, the Israeli cybersecurity startup delivers a modest exit as it integrates its AI-powered solutions into Fortinet’s Security Fabric.

Fortinet's $100M Acquisition: A Modest Exit for Israeli Cybersecurity Startup Perception Point

### A Remarkable Year for Israeli Cybersecurity

In **2024**, despite the ongoing war, **Israel's cybersecurity industry** experienced a **remarkable surge** in investment, raising approximately **$4 billion** across **75 transactions**. This represents a **more than twofold increase** compared to the **$1.85 billion** raised in **59 transactions** in the previous year. The insights are derived from an annual report by **Glilot Capital Partners**, a venture capital fund focused on early-stage and growth investments in cybersecurity startups.

### Key Players Driving Investment

The significant increase in funding was largely driven by two standout companies:
- **Wiz** raised an impressive **$1 billion**.
- **Cyera** secured **$600 million** across two transactions.

The report also highlighted that the **average Seed round** in 2024 reached **$8 million**, while **Series A rounds** averaged **$34.5 million**. Notably, **serial entrepreneurs** accounted for **20%** of early-stage fundraising activity. On average, **Series A valuations** for startups were approximately **$100 million**, with companies raising **$25-30 million** per round.

![Wiz and Glilot Capital](https://player.anyclip.com/anyclip-widget/lre-widget/assets/lg-player-footer2.jpg)

### Mergers and Acquisitions on the Rise

The **M&A** landscape in the cybersecurity sector also gained momentum, with **20 deals** valued at **$4.8 billion**. A notable trend was the increasing involvement of Israeli cyber firms in acquiring other local companies, accounting for **25%** of the acquisitions. Major deals included:
- Wiz acquiring **Dazz** and **Gem**.
- Silverfort acquiring **Rezonate**.
- Check Point acquiring **Cyberint**.
- Cyera acquiring **Trail Security**.

### Global Corporations Join the Fray

Global corporations ramped up their activity in Israel’s cybersecurity market. For instance:
- **CrowdStrike** acquired **Flow Security** and **Adaptive Shield**.
- **Akamai** purchased **Noname Security**.
- **BitSight** acquired **Cybersixgill**.

### Optimism for the Future

**Arik Kleinstein**, co-founder of Glilot Capital, expressed optimism for the future, stating, "In the coming year, we will see a **significant increase** in the amount of capital raised for new **cyber ventures**." 

### Related Articles
- [Wiz acquires Dazz for $450 million to strengthen AI-driven cloud security](https://208.87.241149/ctechnews/article/b1xnec3gjl?__cpo=aHR0cHM6Ly93d3cuY2FsY2FsaXN0ZWNoLmNvbQ)
- [Unstoppable Wiz: Cyber startup nets another $1 billion in funding as valuation jumps to $12B](https://208.87.241149/ctechnews/article/rjs3pupf0?__cpo=aHR0cHM6Ly93d3cuY2FsY2FsaXN0ZWNoLmNvbQ)
- [Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months](https://208.87.241149/ctechnews/article/hyvtynim1x?__cpo=aHR0cHM6Ly93d3cuY2FsY2FsaXN0ZWNoLmNvbQ)

With Wiz and Cyera accounting for nearly 40% of the total, Israel&#x27;s cyber sector defied challenges to double last year&#x27;s fundraising totals. 

Israeli Cyber Startups Defy War Challenges, Raise $4 Billion in 2024! Discover the Leaders Behind This Surge

### Supernal's New Chapter

Hyundai’s electric **vertical takeoff and landing** startup, **Supernal**, is relocating its global headquarters from **Washington, D.C.** to **Irvine, California**. This transition will see about **35 to 40 employees** (approximately **5%** of its workforce) asked to make the move.

Despite this shift, Supernal's **D.C. office** will continue to serve as a hub for **policy and regulatory** efforts. President of Hyundai Motor Group and CEO of Supernal, **Jaiwon Shin**, emphasized that the move aims to enhance **collaboration and communication** across teams.

### Background of the Move

Supernal had previously opened a **28,000-square-foot office** in D.C., designed to inspire and exceed employee comfort. This new headquarters will complement its existing **engineering** and **R&D offices** in **California**.

### Industry Context

The **eVTOL** industry is evolving, with many companies navigating the challenges of turning the flying taxi concept into a viable business. Notable companies in this space include **Volocopter**, which is facing financial difficulties, and **Lilium**, which recently shut down. Meanwhile, **Toyota** has invested heavily in **Joby Aviation**, anticipating a commercial launch in **2025**.

Supernal aims to launch its own eVTOL service by **2028**, marking a significant milestone in urban air mobility.

Supernal, the urban air mobility startup under Hyundai, is moving its headquarters from Washington DC and to California, TechCrunch learned.

Hyundai's Supernal Soars: Electric Air Taxi Startup Moves HQ to California

### The Troubling Trend of Business Logic in Politics

A new government, anxious about its economic policies and polling, is turning to **business leaders** for guidance. Recently, **Rachel Reeves** instructed ministers to submit spending plans to corporate executives, including former bankers from Lloyds and Barclays. This reflects a pattern seen since **David Cameron** brought in **Sir Philip Green** as his efficiency guru in 2010, a choice that raised eyebrows due to Green's controversial business practices.

### The Flaws in Business-Centric Governance

Sir Philip's review of public spending produced little of value and only served as a **headline-grabber**. His involvement was criticized due to his role in the collapse of **BHS** and the associated fallout regarding his tax affairs. This reliance on business figures undermines the credibility of public services, which should not operate under the same logic as profit-driven companies.

### Political Insecurity and Its Consequences

Ministers often show a **deferential attitude** towards successful businesspeople, which can harm both political and public sector integrity. Historical examples include **Gordon Brown** praising bankers before the credit crisis and **Tony Blair** knighted Philip Green, who later faced parliamentary backlash.

### Misguided Comparisons: Startups vs. Public Services

The suggestion that Whitehall should "act more like a startup" is fundamentally flawed. Unlike businesses like **Facebook**, which can afford to innovate recklessly, public services such as **hospitals** and **schools** must maintain high standards and reliability. The **private sector** is the one that needs more competition to combat issues like **price gouging** and **profiteering**.

### The Real Impact of Business Logic on Public Services

Using the Green review as an excuse, the Conservative government has pushed for public services to do more with less, leading to a crisis in many areas. The consequences of treating public services like businesses are severe; when a brewery struggles, customers can choose alternatives, but when **prisons** overflow, it endangers public safety. Public services perform a critical role that cannot be equated to traditional business operations.

<strong>Editorial:</strong> When an insecure government borrows credibility from business leaders, a lot can go wrong

Why Treating Public Services Like Startups Can Lead to Disaster

Ayar Labs has successfully secured a **$155 million Series D** funding round, led by **Advent International** and **Light Street Capital**, achieving a valuation of over **$1 billion**. This funding marks Ayar Labs as the latest player in the **optical interconnect sector** to attract significant investment.

### Key Investors and Participation
The funding round saw participation from notable strategic investors including **AMD Ventures**, **Intel Capital**, and **Nvidia**, among others. Existing investors such as **Applied Ventures LLC** and **Lockheed Martin Ventures** also contributed to this impressive funding.

### Innovative Optical Solutions
Ayar Labs is revolutionizing data transmission through its **optical solutions**, which replace traditional electrical systems. These innovations aim to enhance **compute efficiency** and **performance** for **artificial intelligence infrastructure**, while simultaneously reducing costs and power consumption. Founded in **2015**, Ayar Labs has raised a total of **$370 million** to date.

### The Growing Market for Optical Interconnects
Ayar is not alone in the optical interconnect startup space. Recently, **Lightmatter** raised **$400 million** at a staggering **$4.4 billion** valuation, while **Xscape Photonics** secured **$44 million** to tackle the challenges of **AI data centers**. This indicates a robust interest and investment in technologies aimed at addressing **AI's compute and power bottlenecks**.

![Ayar Labs Unicorn Status](https://news.crunchbase.com/wp-content/uploads/Unicorn_Money_v1.jpg)

### Related Articles
- [Photonic Startup Lightmatter Raises $400M Amid Data Center Frenzy](https://news.crunchbase.com/ai/photonic-startup-lightmatter-venture-round-unicorn/?__cpo=aHR0cHM6Ly9uZXdzLmNydW5jaGJhc2UuY29t)

Ayar Labs locked up a $155 million Series D led by Advent International and Light Street Capital at a valuation of more than $1 billion, and became just the latest optical interconnect to land big money.

Ayar Labs Soars to Unicorn Status with $155 Million Series D Funding!

### Overview
Health insurers are increasingly denying payments for patient care, leading to frustration among patients and healthcare providers. In response, a **new wave of startups** is emerging, utilizing **AI technologies** to streamline and enhance the claims process in health insurance.

### 1. Alaffia Health
![Alaffia Health](https://i.insider.com/6758a41e91c1cc343d47ba4e?width=600&format=jpeg&auto=webp)
**Founded:** 2020  
**Total raised:** $17.6 million  
**What it does:** Automates claims processing tasks to reduce costs and improve efficiency for health plans using generative AI tools.

### 2. Anomaly
![Anomaly](https://i.insider.com/6759a42fdc8b666017f27387?width=600&format=jpeg&auto=webp)
**Founded:** 2020  
**Total raised:** $30 million  
**What it does:** Uses machine learning to analyze insurer policies and claims data, helping clinicians prevent claim denials.

### 3. Anterior
![Anterior](https://i.insider.com/6758a44852dd0818d1a64e7e?width=600&format=jpeg&auto=webp)
**Founded:** 2023  
**Total raised:** $23 million  
**What it does:** Provides tech to automate prior authorizations for covered medical care, enhancing efficiency in health insurer operations.

### 4. Claimable
![Claimable](https://i.insider.com/6759a41ddc8b666017f27381?width=600&format=jpeg&auto=webp)
**Founded:** 2023  
**Total raised:** Undisclosed  
**What it does:** Assists patients in drafting appeal letters for denied claims, analyzing data to create personalized letters for a fee.

### 5. Cofactor AI
![Cofactor AI](https://i.insider.com/6759a41152dd0818d1a66124?width=600&format=jpeg&auto=webp)
**Founded:** 2023  
**Total raised:** $4 million  
**What it does:** Analyzes medical records and insurer policies to assist hospitals in appealing claim denials.

### 6. Cohere Health
![Cohere Health](https://i.insider.com/6759a407dc8b666017f2737b?width=600&format=jpeg&auto=webp)
**Founded:** 2019  
**Total raised:** $106 million  
**What it does:** Works with health plans to automate prior authorizations, reducing unnecessary denials and improving patient care.

### 7. Humata Health
![Humata Health](https://i.insider.com/6759a3ff52dd0818d1a6611b?width=600&format=jpeg&auto=webp)
**Founded:** 2023  
**Total raised:** $25 million  
**What it does:** Automates document collection for prior authorizations and identifies likely denials, enhancing operational efficiency for hospitals.

### 8. Goodbill
![Goodbill](https://i.insider.com/6758cac191c1cc343d47c381?width=600&format=jpeg&auto=webp)
**Founded:** 2021  
**Total raised:** $5.3 million  
**What it does:** Helps patients and employers reduce medical costs by identifying billing errors through analysis of medical records and bills.

### 9. Guardian AI
**Founded:** 2024  
**Total raised:** Undisclosed  
**What it does:** Provides tools for hospitals to analyze reimbursement patterns and automate claim handling processes, focusing on unpaid claims.

### 10. Thoughtful AI
![Thoughtful AI](https://i.insider.com/6758a43edc8b666017f2605a?width=600&format=jpeg&auto=webp)
**Founded:** 2020  
**Total raised:** $40 million  
**What it does:** AI agents assist healthcare clinics with processing claims and managing insurance coverage checks, streamlining the financial operations.


Health insurers are increasingly denying paying for patient care. A growing crop of startups think AI can help.

Breakthrough in Transplants: Startup Secures $191 Million to Edit Pig Organs for Human Use

Summary:

A Game-Changer in Organ Transplants

The Need for Organ Transplants

Funding and Future Plans

Ethical Considerations

Conclusion

Comments

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Other Latest News

Unlocking Opportunities: 10 Essential Grants for Women Entrepreneurs

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Why Treating Public Services Like Startups Can Lead to Disaster

Ayar Labs Soars to Unicorn Status with $155 Million Series D Funding!

Revolutionizing Health Insurance: 10 Startups Leveraging AI to Transform Payment Processes