AI

The global smart home healthcare market is expected to grow at an annual rate of more than 23% over the next 10 years, with growing preference for services being fueled by convenience, the ability to lower hospital costs and advances in telemedicine.

Firm co-founder Alexa von Tobel says 10 of Inspired’s portfolio companies have reached valuations of $1bn or more.

Investors include La Caisse, BDC, Investissement Québec, Teralys, the Fonds de solidarité FTQ, CIBC and Fondaction.

The UK firm's oversubscribed Fund III closed after just five months of fundraising, buoyed by returning LPs such as Sofina, Granite Asia and Hillman Family Foundations, and new LPs including Horsley Bridge Partners.

We asked this year’s Women of Influence which trends are catching their eye – and how those trends might develop.

Industry participants are trying to come up with standardized legal clauses to help enhance corporate governance in AI investments.

LPs committing to Enable Ventures’ $50.3m fund include UnitedHealth Group, Liberty Mutual Investments, Ford Foundation, Ally Bank, Ascension and Weingart Foundation.

SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.

With more VC-backed start-ups choosing to stay private longer, liquidity to fuel recruitment and retention is in short supply. A new partnership between NewView Capital and Carta aims to make company-sponsored tenders easier to execute.