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Protein programmers get a helping hand from Cradle’s generative AI

TechCrunch

AI and proteins have been in the news lately, but largely because of the efforts of research outfits like DeepMind and Baker Lab. Their machine learning models take in easily collected RNA sequence data and predict the structure a protein will take — a step that used to take weeks and expensive special equipment.

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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.

Biotech 72
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Converge Bio raises $5.5M in Seed funding to speed up drug discovery and development with GenAI

Ooda Loop

Converge Bio, a generative AI platform for accelerated drug discovery and development, announced on Wednesday that it has raised $5.5 million in Seed funding, led by TLV Partners. in Seed funding to speed up drug discovery and development with GenAI appeared first on OODAloop.

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The Week’s Biggest Funding Rounds: Food Delivery Startup Wonder Leads Big Week

Crunchbase News

While food delivery led the way, it also was a good week for aerospace, AI, biotech and defense. Metsera , $215M, biotech: It didn’t take Metsera long to get back on this list. The new cash will be used for the company’s quick-start AI applications and agents for workflows in healthcare, retail and financial services.

Biotech 93
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3 ways to break out of AI ‘pilot purgatory’

CIO

Today we worry this phenomenon is playing out with enterprise adoption of generative AI. Generative AI (genAI) arrived on the scene with use cases such as “support chatbots” or “talk to your documentation apps” that were so obviously useful that many companies are well on their way to taking them into production.

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The 10 Biggest Rounds Of March: Wonder, Biotech Headline Big Month

Crunchbase News

Wonder ’s big $700 million raise may have captured most people’s attention last month, but the story when it came for large deals was really biotech. Mirador Therapeutics , $400M, biotech: It was a huge month for big biotech raises and this was the biggest. Check out the biggest rounds of last month here.

Biotech 112
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The Week’s 10 Biggest Funding Rounds: Sila And Formation Bio Headline Huge Week Of Large-Money Deals

Crunchbase News

Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. Formation Bio, an AI-enhanced pharma company, raised a $372 million Series D led by a16z. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note.