Biotech startup String Bio raises $20 million

String Bio announced on Monday that it has received a $20 million investment from Woodside Energy Group, Ankur Capital, Dare Ventures, Redstart, and Zenfold Ventures. String Bio also announced in a statement that it has signed a strategic development agreement with Woodside Energy Technologies Pty Ltd, a wholly-owned subsidiary of Woodside Energy Group, for the production of sustainable protein ingredients from greenhouse gases. The company uses advances in biology, fermentation technology, chemistry, and process engineering to convert methane energy into a variety of value-added products. Products enabled by String’s platform…

Meta’s new AI model to improve translation quality

Meta has unveiled NLLB-200, a new AI model that can translate 200 languages and improves quality by 44 percent on average. For a long time, translation apps have been fairly adept at the most common languages. Even if they do not provide an exact translation, it is usually close enough for the native speaker to understand. However, hundreds of millions of people in multilingual regions such as Africa and Asia continue to be underserved by translation services. In a press release, Meta wrote: “To help people connect better today and…

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HSI launches third edition of its startup incubator program

Humane Society International/India has announced the third edition of its annual Humane Entrepreneurship program, which is aimed at social entrepreneurs with early-stage startups focusing on animal welfare and environmental issues. The Humane Entrepreneurship Program provides early-stage funding to pioneering innovators in the fields of new plant-based, fermentation-based, and cell-based proteins, next-generation materials that replace animal products, and non-animal testing methodologies. The 6-month virtual program, which will be launched in September 2020, accelerates the growth of social entrepreneurs in India by providing selected participants with a holistic ecosystem of global mentors, expert…

Google Bans Several Malicious India-linked Domains

More than a dozen malicious India-linked domains and websites that were being used in hack-for-hire attacks targeting users worldwide have now been banned by Google’s Threat Analysis Group (TAG). To alert users to the threat, the company recently published a blog post in which they listed the banned domain links that were used to inject spying tools into users’ PCs/laptops by masquerading as fake login pages for websites or apps. The blog post read, “As part of TAG’s mission to counter serious threats to Google and our users, we’ve published…

Sportstech startup Hudle raises $1M in funding

Hudle, a sports tech startup based in Delhi, has raised $1 million in a Series A round led by Inflection Point Ventures, with participation from existing investors Survam Partners and Indian Angel Network. Hudle, which debuted in 2018, is a mobile app that allows sports enthusiasts to discover and book sports activities. The startup currently allows users to book a variety of 30+ sports at 700+ venues across the country, as well as All Access Passes, which are sport-specific subscriptions that allow players to play their preferred sport across India…