• Cliff Equity
  • Posts
  • 📈 Deciphex’s €31M Cure for Healthcare Delays

📈 Deciphex’s €31M Cure for Healthcare Delays

Crafting the Future: Rolls-Royce’s £300m Move

January 08, 2025

This is Cliff Equity, the UK’s business newsletter that keeps you informed on what’s important in tech, business and finance in less than 5 minutes

In today’s stories:

  • Deciphex’s €31M Cure for Healthcare Delays

  • Crafting the Future: Rolls-Royce’s £300m Move

  • Paddy Power’s £300m Loss: US Sports Blamed

The summary: Deciphex’s AI-driven innovation is speeding up global pathology, cutting through healthcare backlogs, and transforming patient care with a hefty €31 million boost and a worldwide expansion to boot!

The details:

  • €31 Million Boost: Dublin’s Deciphex just secured a whopping €31 million in Series C funding, with Molten Ventures leading the charge, supported by a stellar lineup of investors like ACT Venture Capital and Charles River Laboratories.

  • Cracking the Pathology Crisis: With healthcare systems drowning in diagnostic backlogs and a shrinking pool of pathologists, Deciphex’s AI-powered platforms promise to speed up pathology work by 40%, keeping accuracy intact.

  • Global Expansion in Full Swing: From the US to Japan, Deciphex is spreading its digital pathology prowess, leveraging its vast image repository to create cutting-edge foundational models that make diagnostics quicker and sharper.

  • Founder’s Vision: CEO Donal O’Shea underscores the mission—this hefty investment is not just about tech; it’s about revolutionising global healthcare, supporting pathologists, and, most importantly, delivering better care to patients.

Why it matters: In a world where healthcare backlogs are piling up faster than your Sunday roast, Deciphex’s AI wizardry offers a lifeline by turbocharging pathology workflows without skimping on accuracy. With fresh funding and a global expansion plan, they’re not just sprucing up diagnostics but ensuring quicker, more reliable care for patients everywhere. It’s a clever concoction of tech and tenacity, reshaping how we tackle one of healthcare’s most stubborn bottlenecks.

The summary: Rolls-Royce is investing £300m to expand its Goodwood factory, embracing electric luxury and bespoke craftsmanship to cater to the whims of the world’s elite while setting the stage for future growth.

The details:

  • Rolls-Royce is investing a hefty £300m to expand its Goodwood factory, catering to an influx of super-rich clients demanding bespoke luxury, from gold bonnet sculptures to celestial LED ceilings.

  • The luxury marque, under BMW’s wing since 2003, recorded its third-highest annual sales in 2024 despite a slight dip, attributing its success to personalized masterpieces rather than sheer volume.

  • CEO Chris Brownridge hints at job growth as the company shifts gears from V12 engines to electric vehicles, all while claiming "waftability" is now at electric levels of smoothness.

  • Despite Bentley's delay on electric transition, Rolls-Royce is resolute on its 2030 deadline to ditch petrol, viewing electric powertrains as the ultimate enhancement for their handcrafted opulence.

Why it matters: Rolls-Royce’s lavish £300m investment signals a shift in the luxury car market, where bespoke craftsmanship is king, and even a dog's birthday can inspire a celestial car ceiling. As they gracefully pivot from roaring V12s to whisper-quiet electrics, they’re not just chasing trends—they’re redefining opulence for the eco-conscious elite. With job growth on the horizon and profits soaring from tailored touches, it’s clear Rolls-Royce isn’t just building cars—they’re curating rolling art pieces for those who demand the stars, quite literally.

The summary: Flutter’s gamble on the US sports market took a hit, but with Premier League wins boosting their global revenues, it’s clear they’re betting on big things, even if London’s feeling a bit left out.

The details:

  • Flutter, owner of Paddy Power, slashed its 2024 revenue forecast by £312m due to "unfavourable US sports results," especially in NFL parlays.

  • With favourites winning at a 20-year high, US bettors had their best season yet, cutting Flutter's expected gross gaming revenue by £350m.

  • Despite US woes, Premier League wins kept non-US revenue slightly above previous estimates, offering a glimmer of hope.

  • Flutter's shift of its HQ to the US in May 2024, following a New York listing, marked a further snub to the London Stock Exchange.

Why it matters: Flutter’s revenue tumble highlights the perils of betting big on US sports, where even the bookies can’t catch a break when favourites dominate. The shift of their HQ to the US is a cheeky nod to where their bread is now buttered, leaving the London Stock Exchange feeling a bit like yesterday’s news. With a volatile market and shifting loyalties, it’s a stark reminder that even gambling giants must hedge their bets wisely.