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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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Dutch startup hub Utrecht emerges from Amsterdam’s shadow

TechCrunch

Our survey respondents think the ecosystem is strong in sustainable energy, medtech, food tech, life sciences, marketplaces, deep tech, gaming and media. The investment scene is described variously as focusing on software, clean tech, life sciences, biotech, organoids, 3D bioprinting, AI and VR/AR. Utrecht is a bit lagging.”

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

TechCrunch

Yet, the R&D process for drug discovery relies on 2D monitors, keyboard, and mouse, which limits the understanding of complex 3D structures or interactions and contributes to massive R&D costs averaging $2.5B “Understanding structure empowers our users to understand how their designs function,” he wrote in an email. per drug.”.

VR 278
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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Around 7,000 tech workers have joined the ranks of the Armed Forces or Territorial Defense Only last month, OneUkraine sprang up from a host of major European tech founders and investors, who plan to provide sustainable humanitarian relief for the Ukrainian people. Finmap A cash flow management service for businesses. It raised €2.5

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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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Femtech Startups are booming

Apiumhub

“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. Lattice Medical has raised €2.3m. MobileODT It is an Israeli-based startup, which has developed a “handheld smartphone AI device to spot cervical cancer”.