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Genesis Therapeutics raises $52M A round for its AI-focused drug discovery mission

TechCrunch

Sifting through the trillions of molecules out there that might have powerful medicinal effects is a daunting task, but the solution biotech has found is to work smarter, not harder. Machine learning has, of course, accelerated work in many fields, biochemistry among them, but he felt that the potential of the technology had not been tapped.

Biotech 265
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3D Orthopedic Implant Tech Startup Restor3d Lands $70M Financing

Crunchbase News

Restor3d , a North Carolina-based maker of 3D printed personalized orthopedic implants, locked up a $70 million financing — even as investors continue to cool on 3D tech startups. “With this capital, we can accelerate our efforts to transform orthopedic care through 3D printed personalized implants.” .

3D 116
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The Week’s 10 Biggest Funding Rounds: Xcimer Energy Leads The Way As Big Rounds Dry Up

Crunchbase News

Pika , $80M, artificial intelligence: It never takes us long to get to an AI startup on this list. Pika, an artificial intelligence startup that generates video, raised an $80 million round led by Spark Capital that values the Palo Alto, California-based company at $470 million, per Bloomberg. million, per the company.

Energy 126
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Rise Of AI Drives US Growth In New Unicorns

Crunchbase News

That increase was due in large part to U.S. New AI unicorns minted last year include: Elon Musk s foundation model company xAI, most recently valued at $50 billion; 3D immersive environment Infinite Reality, valued at $12 billion; AI search startup Perplexity, valued at $9 billion; Quantum computing services startup Quantinuum , valued at $5.3

Fintech 121
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Meet the 14 companies launching out of the Entrepreneurs Roundtable Accelerator

TechCrunch

Andiamo uses machine learning, 3D simulation and 3D printing to create custome braces for children with cerebral palsy, bringing down the cost and improving outcomes for clinicians, patients and families alike. So without any further ado, here are the startups graduating out of the summer 2021 ERA class. departments.

Company 208
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The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech And AI

Crunchbase News

Biotech and AI had another strong week, as the sectors saw two big nine-figure rounds each — including one for $370 million in biotech. Candid Therapeutics , $370M, biotech: Every week there’s a big biotech raise — and this week there’s one that’s really big. Check out last week’s biggest funding rounds here.

Biotech 77
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

Similarly, clothing brand Under Armour recently produced an ad that used AI-generated 3D models of the British boxer Anthony Joshua, based on videos they took of him in the past. Gen AI helps scientists develop new proteins Another interesting set of use cases can be found, for the time being, in biotech.