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The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech As Tome Raises $213M

Crunchbase News

The week was especially good for biotech, which led the way with two big raises. Tome Biosciences , $213M, biotech: A big biotech raise hit high on the list this week. Bicara Therapeutics , $165M, biotech: If Bicara Therapeutics looks familiar, it’s because this isn’t its first time on this list.

Biotech 99
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Unicorn Bio is building the hardware to scale cultivated meat from lab to table

TechCrunch

“Using this legacy hardware to cultivate meat requires one to reengineer the cells. Our approach and core conviction is that it is actually easier, and ultimately better, to design new hardware systems aimed to foster the growth around the cells, rather than trying to fit these cells to existing engineering systems.”

Hardware 233
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US Series A And B Funding Picked Up in H1. What Does That Mean For Funding In 2024?

Crunchbase News

billion — the highest amount invested at this stage in two years — that increase was concentrated in larger fundings and in two leading sectors — healthcare/biotech and AI. Close to two-thirds of these large Series A companies in H1 2024 are in healthcare/biotech. While total funding reached $31.5

Biotech 112
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Machine learning is set to speed up the detection of contamination in food factories

TechCrunch

Ensuring that usually entails deploying petri-dish-based microbiological monitoring, hardware and waiting for tests to return from labs. The factories that process our food and beverages (newsflash: no, it doesn’t come straight from a farm) have to be kept very clean, or we’d all get very ill, to be blunt. All rights reserved.

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AI, Data Center And Energy Startups Get Large Capital Infusion In October

Crunchbase News

The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificial intelligence, data centers and energy. The second-largest sector, healthcare and biotech, raised around $5.6 OpenAI raised the largest round last month, a $6.6

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The Week’s 10 Biggest Funding Rounds: Lambda Leads Massive Week For Megadeals

Crunchbase News

Not exactly sure what was in the water this week, but AI and biotech led the way as happens often. Lambda , $320M, artificial intelligence: In a big week, this was the biggest round. The company offers cloud computing services and hardware for training artificial intelligence software. billion valuation.

Lambda 97
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Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

TechCrunch

Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” Insilico uses machine learning to identify potential drug targets and eventually create the drug. while hardware production happened in China.

Chemicals 187