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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. We will be hiring more top notch AI researchers, software engineers, medicinal chemists and biotech talent, as well as building our own research labs.”

Biotech 265
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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 107
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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 86
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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 73
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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.

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Daily Crunch: Citing ‘uncertain mortgage market,’ Better.com rolls out employee buyout plan

TechCrunch

Printing me softly with his song : Mostly known for its battery packs, Anker launches a Kickstarter campaign for its first 3D printer. 6 questions investors should ask when evaluating psychedelic biotech companies. 6 questions investors should ask when evaluating psychedelic biotech companies. You can sign up here.).

Marketing 235
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Prellis Biologics raises $14.5M, debuts a ‘human immune system’ in a dish

TechCrunch

Prellis Biologics , a company developing the tools to create 3D-printed organs, announced a $14.5 Up until this point, Prellis has focused on 3D printing vascular scaffolds that would allow companies to grow healthy and oxygenated human organs (or miniature versions, called organoids) for drug testing, and eventually transplant.

System 203