Hitachi Ventures secured $ 400 million for the fourth fund, said only TechCrunch.

The size of the brand new fund is a vote of confidence in a variety of deep technological divisions. The vast portfolio of VC imitates a portfolio with limited partners, including energy, production, biotechnological and artificial intelligence.

“We are open to other breakthrough possibilities,” said managing director and general director Stefan Gabriel. “There are many around quantum, nuclear, life technology. Not very wide – we have a clear view on what excites us in these areas. “

Hitachi Ventures It will proceed to deal with the investments of the A series. “It’s still a sweet place,” said Gayathri Radhakrishnan. The first investments in the corporate might be around $ 5 million, and the fund reserves about 55% of capital for further possibilities, partner and financial director of Wolfgang Seibold.

Although he takes its name from the Japanese conglomerate, Hitachi Ventures from Munich is a bit protruding in the company world of VC. Gabriel said he was more organized like a typical Venture fund, and Hitachi serves as a solo LP. The investment committee consists of company partners and doesn’t have to conduct possible investments next to their corporate association, said Pete Bastien, partner and president of the American company’s activities.

He added, nonetheless, that the fund remains to be closely cooperating with Hitachi, partly to help portfolio firms understand what the potential future customer is on the lookout for. Like other CVCs, Hitachi Ventures doesn’t promise that it may possibly primers for portfolio firms, but it may possibly introduce a key introduction.

“We can put you in front of Hitachi, but your product must sell,” said Radhakrishnan.

And like other CVC, Hitachi Ventures serves as a scout, said Radhakrishnan, looking through the pitches to find smaller firms and technologies that match the company partner firms.

Hitachi Ventures previous investments include a variety of industries. On the energy side he has invested in battery recycling elements, Fusion Startup Thea Energy and Więte, Wygół Spółka-Energia. AI investments sought to apply in the workplace, including EMA, which focuses on the flow of labor of enterprises; Strikeready, which incorporates cyber security; and Makersite, which uses artificial intelligence to improve supply chains.

The legendary artist Rakim Allah, the lyrical genius of the lyrical hip-hop duo, Eric B & Rakim, introduced the AI ​​powered platform with a few years related to divine, which mixes “music, money and knowledge” for independent city records.

With the slogan of one of probably the most famous texts of Rakima “Don’t Noth Notes and its goal is to assist redefine Financial objectification for independent artists and creators of urban music.

Comments will help artists find access to capital to assist finance their projects, in addition to provide them with knowledge of funds and education, which they should construct a sustainable profession.

“Independent urban music artists and creators often try to gain financial stability despite the impact of the market,” said Rakim in a written statement.

“With notes, we build a platform based on a community and lifestyle that combines cultural connection, technology and strengthening to give them tools needed for development.”

Hip-hop and fintech community collide with this recent platform for creators. The program will provide access to membership, in addition to merger with loan and loan suppliers so that they will have access to the funds needed for his or her profession. The strength of artificial intelligence will help them within the content related to financial knowledge and entrepreneurial education. There can be an exclusive “ASK RA” function, a voice assistant and AI agent who uses the voice of a “microphone” to offer creators the scope of answers they’re on the lookout for.

“The possibility of working with Rakim and building a platform such as notes, strengthening and support of artists and creators in the urban community who are underestimated and used for so long, is unprecedented,” said Divine.

The platform hopes that it offers options similar to business banking and debit cards, P2P payment services, cryptocurrency solutions to extend commitment and long -term value for creators on the platform.

There is currently a waiting list for which creations can attach to the technology of notes website.

Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.

In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.

Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”

Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.