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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. These tools can essentially “code” a molecule so that it reliably sticks to a specific substance or cell type, which allows a variety of follow-up actions to be taken.

Biotech 248
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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. The idea is to democratize access to normally expensive product lifecycle management (PLM) software.

Hardware 252
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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 119
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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. Normally, a CCO develops ideas about what the market needs and communicates them to a design team, which produces sketches to then be reviewed by the CCO.

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Nanome raises $3 million to help scientists get up close with molecular structures in VR

TechCrunch

Despite advances in software to help model these compounds and molecules, there are still challenges in fully understanding their shapes through a two-dimensional computer screen. San Diego-based startup Nanome uses virtual reality to solve that problem. per drug.”. Nanome helps scientists get on the same page quicker,” he wrote in an email.

VR 278
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Dutch startup hub Utrecht emerges from Amsterdam’s shadow

TechCrunch

The investment scene is described variously as focusing on software, clean tech, life sciences, biotech, organoids, 3D bioprinting, AI and VR/AR. We see an increase in startups coming to the city, due to livability in the lovely city and the facilities for flex working. Focus on software and clean tech.

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Startup M&A Trends Higher As PE Leads, But Remains Sluggish Compared To Earlier Years

Crunchbase News

For software companies acquired for a billion dollars or more, private equity acquired the majority this year to date. With all the venture funding in biotech , it is no surprise that one of the largest deals was Merck ’s acquisition of New York-based eye disease therapy company Eyebiotech.

Trends 128