Medicaid Expansion in North Carolina: Providing Healthcare to Over 600,000 Individuals
Raleigh-Durham News

Medicaid Expansion in North Carolina: Providing Healthcare to Over 600,000 Individuals

Alcove Team | 12/1/23
Governor Roy Cooper and North Carolina Department of Health and Human Services Secretary Kody H. Kinsley announced the launch of Medicaid expansion in North Carolina, which will extend healthcare coverage to more than 600,000 newly eligible individuals.
Precision Fermentation Raises $6 Million in Funding for IoT Technology
Raleigh-Durham News

Precision Fermentation Raises $6 Million in Funding for IoT Technology

Alcove Team | 12/1/23
Durham-based company Precision Fermentation has raised $6 million in equity funding to further develop its IoT technology, which accurately measures conditions inside fermentation tanks.
Senate AI Insight Forum Concludes with Focus on Transparency and Intellectual Property
Raleigh-Durham News

Senate AI Insight Forum Concludes with Focus on Transparency and Intellectual Property

Alcove Team | 12/1/23
The final session of the Senate AI Insight Forum, led by Senate Majority Leader Chuck Schumer, discussed the importance of transparency and intellectual property in AI. Tech leaders and academics, including representatives from Howso and Duke University, highlighted the need for alternative AI solutions and concrete legislative action.
Cloud Banking Company nCino Reports Strong Q3 Performance, Beats Expectations
Raleigh-Durham News

Cloud Banking Company nCino Reports Strong Q3 Performance, Beats Expectations

Alcove Team | 11/30/23
nCino, a Wilmington-based cloud banking company, exceeded expectations in its fiscal third quarter, reporting a loss of $16.4 million and earnings of 14 cents per share.
Teen Entrepreneur Launches WeyeZE to Address Global Vision Correction Issue
Raleigh-Durham News

Teen Entrepreneur Launches WeyeZE to Address Global Vision Correction Issue

Alcove Team | 11/30/23
Sasha Surkin, a 20-year-old entrepreneur, has founded WeyeZE to address the lack of access to vision correction, which has significant impacts on global health, literacy rates, and GDP.
Phinite, Inc. Raises $1.285M in Funding for Phosphorus Reuse Technology
Raleigh-Durham News

Phinite, Inc. Raises $1.285M in Funding for Phosphorus Reuse Technology

Alcove Team | 11/30/23
Phinite, Inc. has secured $1.285 million in funding to support its innovative phosphorus reuse technology.