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Eye On AI: Funding To Biotech And Healthcare Startups Using AI Takes Off After Dip In 2023

Crunchbase News

Earlier this week, life sciences venture firm Dimension Capital announced it had raised a new $500 million second fund just two years after its first to hunt for startups that are using artificial intelligence to develop new medicines. Venture funding to AI-related biotech and healthcare startups hit only $4.8

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The Week’s Biggest Funding Rounds: Data Storage And Lots Of Biotech

Crunchbase News

Biotech- and healthcare-related startups led the way as those companies dominate the list, taking a vast majority of spots. In 2023, it partnered with Digital Realty to develop $7 billion in data centers targeting providers of online content, cloud services and artificial intelligence. The round was led by Kleiner Perkins.

Biotech 120
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Qventus Latest Healthcare AI Startup To Raise Big

Crunchbase News

Healthcare startups using artificial intelligence have come out of the gate hot in the new year when it comes to fundraising. Qventus platform tries to address operational inefficiencies in both inpatient and outpatient settings using generative AI, machine learning and behavioural science.

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The Week’s 10 Biggest Funding Rounds: Crusoe Energy, Insider And Biotech Raise Big

Crunchbase News

There may not have been a $1 billion raise this week, but large money deals did abound. startups raised half a billion dollars apiece, and another eight raised $100 million or more, with industries from cybersecurity to biotech to AI represented. billion valuation in the process. billion valuation.

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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. Founded in 2013, NinjaOne has raised nearly $762 million, per Crunchbase. billion valuation. billion valuation.

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U.S. imposing new export controls on biotech equipment over China concerns

Ooda Loop

Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science. imposing new export controls on biotech equipment over China concerns appeared first on OODAloop.

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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

While some things tend to slow as the year winds down, artificial intelligence fundraising apparently isn’t one of them. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a round valuing it at $50 billion, The Wall Street Journal reported. Let’s take a look. billion in 2021.