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Stämm Biotech raises $17M for its next-generation, 3D printed bioreactor

TechCrunch

Stämm Biotech , founded in 2014, is developing a desktop-sized bioreactor that looks pretty different from the tanks, tubes and knobs traditionally seen in industrial or even benchtop bioreactors. Instead, it’s developing a unit that 3D prints a dense network of microchannels that pass cells through the nutrients and oxygen they need.

Biotech 226
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Y Combinator’s biotech startups incubate a new generation of therapies and tools

TechCrunch

Medical and biotech had a strong showing at Y Combinator’s latest demo day , with nearly a dozen companies in the space catching my eye. LiliumX is taking the algorithmic approach to generating potential antibody stuctures that could be effective, as many AI-informed biotech companies have before it. Startups take on big pharma.

Biotech 248
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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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Wikifactory has raised $4.5M for its ‘GitHub for hardware’ to make almost anything remotely

TechCrunch

This allows product developers to review and discuss 3D models in more than 30 file formats in real time. Nicolai Peitersen, co-founder and executive chairman of Wikifactory said: “Wide-scale global collaboration to make physical things is happening both for open-source and for proprietary product development.

Hardware 252
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Pluton Biosciences looks to nature for cutting-edge biotech solutions, raising $6.6M seed

TechCrunch

3D illustration. Any one of these vastly different organisms may very well have developed on its own a novel chemical pathway that could transform food production, drug manufacturing or agriculture. And Hexagon Bio also recently raised on a similar proposition of locating naturally occurring molecules for use in drug development.

Biotech 228
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iRocket to begin rocket engine testing at NASA’s Marshall Space Flight Center

TechCrunch

iRocket is earmarking $50 million over the next five years for the testing and development of its reusable engines and launch vehicle. Manufactured via 3D printing, the engines will be powered by methane and liquid oxygen. and 1,500 kg (around 3,300 lbs.). Methane is going to be the fuel of choice for deep space missions,” Malik said.

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Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding

TechCrunch

For annotating complex 3D medical images, it also has semi-automated tools. The startup also sees 99% of competition coming from open-source tools, followed by the in-house ones developed by companies to address their specific requirements. and Europe for marketing its tools.