Auxa Health has recently secured $5.2 million in seed funding and was featured on Nasdaq for its innovative use of AI in the healthcare tech sector. The company aims to simplify access to benefits for care teams, caregivers, and patients. Although it received recognition from Nasdaq, this does not indicate a listing on the stock exchange. Meanwhile, there is a race among tech hubs with cities like Baltimore and Philadelphia vying for federal funding. However, previous attempts at similar programs did not yield measurable benefits, raising questions about the effectiveness of government-led industrial policies in driving innovation.
In other news, Washington DC-based Hydrosat Inc. is set to launch its first satellites into orbit with the help of SpaceX this year. TikTok is also facing concerns about potential bans that could impact communities with stigmatized interests or marginalized identities. On the investment front, Google is expanding its data centers in Virginia while Deloitte has acquired a public health research and consulting services company in Takoma Park.
Looking ahead, there are several upcoming events such as an entrepreneur meetup by Capitol Creators and Champions on April 30th and the return of the DC Tech Meetup on May 1st with a theme of “Innovator Spotlight.” Technical.ly’s open community Slack offers a platform for individuals to engage in conversations, find news, events, jobs, and connect with like-minded people who share similar interests.
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