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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

Biotech 114
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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. Founded in 2018, the company has raised $1.2

Biotech 129
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AI Marketing Platform Hightouch Reaches Unicorn Status After $80M Series C

Crunchbase News

Marketing and personalization startup Hightouch locked up an $80 million Series C led by Sapphire Ventures , minting it as a new unicorn at a $1.2 artificial intelligence. The company more than doubled its revenue last year while adding large enterprise customers like PetSmart and Weight Watchers. billion valuation.

Marketing 119
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Healthcare And AI Is A Hot Combination For Startups

Crunchbase News

Even so, investment remains below the heights scaled during the 2021 market peak. billion globally went to companies applying advances in artificial intelligence to health-related areas such as medical services and pharmaceutical development, per Crunchbase data. Last year, more than $7.5 billion already invested.

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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. and AI product development.

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Deep tech disruption: How advanced technologies are transforming businesses

CIO

From lab to market at lightning speed Not long ago, cutting-edge research might take decades to translate into real-world products. The path from lab to market keeps shortening. Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance.

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These Were The Winners And Losers In A Boring Year For Startup IPOs

Crunchbase News

tech unicorns made it to market. Biotech offerings, while more plentiful, are also running well below prior highs. Below, we pick out winners and losers for venture-backed tech and biotech companies, focusing on large- and medium-sized IPOs. Objectively, 2024 has been a boring year for tech startup IPOs.

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