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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.

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Charm Therapeutics applies AI to complex protein interactions, locking down $50M A round

TechCrunch

The world of AI-powered drug discovery keeps expanding as the capabilities of machine learning grow. “That’s really where we have innovated: we have built DragonFold, which is the first protein-ligand co-folding algorithm,” said Laskh Aithani, CEO and co-founder of Charm Therapeutics.

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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.

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AI in Drug Discovery and Repurposing: Benefits, Approaches, and Use Cases

Altexsoft

Not to mention the lives of people waiting for an innovative cure. So, it comes as no surprise that all large biopharma companies are investing in AI, particularly in deep learning , which has the potential to make the hunt for drugs cheaper, faster, and more precise. Among deep learning algorithms employed for de novo design are.

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The MedTech industry: Facts, Figures & Startups

Apiumhub

Medical technology or MedTech may include medical devices, information technology, biotech, and healthcare services. Let’s look at the top MedTech industry innovations that we would definitely keep an eye on. MedTech industry innovations. It has already become a driving force for innovation within the MedTech industry.

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Femtech Startups are booming

Apiumhub

It uses machine learning and bioinformatics to analyse and predict vaginal microbiomes’ impact on female fertility. Matisse” breast implants consist of 3D printed biomaterials and allow a natural reconstruction of the breast. The company has raised $26m from a number of biotech investors. The startup has raised €8.8m