#NYCtech Week in Review: 9/1/24 - 9/7/24
Briefly

Valon Technologies has secured $69.7 million in recent funding, pushing its total equity funding to $166.8 million since its founding in 2019. This highlights strong investor confidence in its mortgage lending platform, particularly as it seeks to expand its innovative services in the mortgage space.
The funding round for 1m brought in $7.7 million from eighteen investors, showcasing the growing interest in risk management solutions for healthcare. Founded in 2022, 1m aims to position itself as a crucial player in addressing the complexities of healthcare risk management with advanced technology.
AminoChain, which connects bio-sample and research data using blockchain technology, has earned $7.1 million in funding from twenty-one investors. This reflects an increasing investment trend in platforms that marry healthcare and innovative technologies to streamline research processes.
Phidata raised $5.4 million in funding to develop an AI toolkit aimed at transforming any language model into a customizable AI assistant. Founded in 2023, Phidata's innovations could significantly impact customer service and data processing across industries, pointing to a robust interest in AI-driven solutions.
Read at Alleywatch
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