Venrock

Next week, Morgan Hitzig will be attending the inaugural Interos Inc Risk Intelligence Summit, happening on Oct 29 in DC.    Supply chain risk management experts from Delta Air Lines, Accenture, JPMorganChase, Mastercard, NASA - National Aeronautics and Space Administration, the US Navy and NVIDIA will be sharing their expertise and best practices.    Interested in attending? Join the waitlist today: https://lnkd.in/gnbynrzi     #interosrisksummit2024 #riskybusiness #scrm 

🚀 Launch Alert! 🚀 Introducing Simbe Brand Insights, a market-first solution that’s changing how retailers and brands use shelf intelligence to drive results. Until now, vendors had to wait 4+ weeks for outdated data on sales, product availability, and promotion performance, making it difficult to act when it matters most. With Simbe Brand Insights, those delays are a thing of the past—vendors can now access the insights they need in near real-time! For the first time, retailers can share actionable insights with their brand and vendor partners, helping them make the smartest decisions to increase sales, optimize product placement, and improve customer experiences—all while unlocking new revenue streams. What does this mean for the retail industry? • Retailers: Maximize ROI and strengthen vendor partnerships. • Vendors: Access high-frequency data to improve inventory and promotional strategies. With Simbe Brand Insights, top grocers like Schnuck Markets, Inc. are already sharing data with partners like The Coca-Cola Company,  PepsiCo, and other leading CPG companies—and seeing powerful benefits. ➡️ Find out more: https://lnkd.in/ev5tzm_3 #Retail #TechInnovation #SimbeBrandInsights

"Plan conservatively and dream optimistically.” On the latest episode of The Heart of Healthcare Podcast, Bryan Roberts and Steve Kraus have a lively conversation about the healthcare innovation ecosystem, also talking about how Bryan made his first two investments (Illumina and athenahealth). Listen here: https://vnrk.co/3zTWwdv

Seed. Series A. Series B. C. and D. Suki has grown in size, in revenue, in margins, and in user footprint over the years. I certainly did not imagine life playing out this way when I embarked on this journey in 2017. We tend to write congratulatory notes when we raise rounds. I rather just express gratitude. We are very grateful to all new and existing investors especially Hedosophia and Venrock who led this round. I am even more grateful to the Suki team who is so sincere, and works so hard, and cares so much for the mission. There are so many more to thank. But rounds are not much more than milestones in the larger journey of trying to build something meaningful. AI will one day redo healthcare is practiced around the world. I want Suki to be a part of that story. And to that, we will keep working hard, keep serving our users, and hope that we build a company that users love and employees are proud of. More to come. https://lnkd.in/gzQud4iQ

Today, I'm thrilled to share that Scope3 has raised $25M from GV (Google Ventures), Venrock, Craft Ventures, Room40, Aperiam, and Virgo Strategic to extend our industry-leading platform for sustainable advertising to include generative AI. TechCrunch covered the round here: https://lnkd.in/ek84MV_k Here's a little video with the (incredible) story of how we started our AI journey:

Excited to join Adam Klein, Col. Chris Ford, and Michael Dennis today for a conversation on AI and National Security Policy. We’ll be diving into the ever evolving role of AI in defense and how the pace of change is impacting the emerging tech ecosystem that is coalescing around pressing national security challenges. If you're in Austin, we'd love to see you this afternoon. Registration information available here: https://lnkd.in/gFfXpaxa

Today, we announced international expansion into Turkey with CarrefourSA, a subsidiary of Sabanci Holding and Carrefour which operates in over 1,200 stores in 64 provinces and employs a workforce of 15,000. Simbe's partnership with Carrefour SA comes on the heels of new and expanded deployments with Northeast Grocery, TOPS Friendly Markets, Price Chopper Supermarkets-Market 32, SpartanNash, and Wakefern Food Corp. As this surging number of retailers deploy Simbe's platform, new research also reveals that more than three of four (77%) shoppers prefer retailers with in-store robots, especially frequent shoppers. If you’re curious to learn more, download the full report for all the details, and don’t miss our webinar tomorrow, where we’ll dive even deeper into these findings. ➡️ Download the report: https://lnkd.in/ewdreRkU ➡️ Register for the webinar: https://lnkd.in/ekd2pfBb

🎙Bryan Roberts joined the BioVenture VoiCes podcast as their first guest to discuss Venrock’s history, his investment philosophy, the types of entrepreneurs he looks for and more. Listen here: https://vnrk.co/3AZTDYI

“The four most expensive words in the English language: This time, it’s different.”   Ethan Batraski spoke with Allie Garfinkle for Fortune’s Term Sheet about how this moment in AI compares to the dotcom boom, and his thoughts on how “recurring processes of booms and busts are very predictable.” Read the interview here: https://vnrk.co/4cQvoJB

After CMS’s proposed physician fee schedule included digital therapeutics for the first time, Bob Kocher spoke with MedCity News to discuss how this may (or may not) impact the investing climate in this space. Read Bob’s thoughts here: https://vnrk.co/3AyWwj6