Remove Artificial Inteligence Remove Biotech Remove Sustainability
article thumbnail

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
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Deep tech disruption: How advanced technologies are transforming businesses

CIO

Artificial intelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance. Biotechnology and synthetic biology: The swift development of mRNA vaccines in 2020 illustrated biotechs unprecedented speed in delivering transformative products.

article thumbnail

Techstars unveils sustainability-focused acceleration program in Paris

TechCrunch

Techstars , a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. With this sustainability-focused accelerator, Techstars is hitting the reboot button. Every year, Techstars Sustainability Paris plans to accept 24 startups across two batches.

article thumbnail

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. Machine learning has, of course, accelerated work in many fields, biochemistry among them, but he felt that the potential of the technology had not been tapped.

Biotech 265
article thumbnail

Your future shrimp meal could come from Atarraya’s farming technology

TechCrunch

Atarraya , creator of Shrimpbox, a sustainable “plug-and-play” shrimp farming technology, is swimming to the surface after being in stealth mode since 2019. We wanted to make the shrimp business more sustainable and more efficient without destroying the environment,” Russek said. “We million in Series A dollars, and a new U.S.

article thumbnail

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.” “Prosperity7 inspired us to look into sustainable chemistry,” said Zhavoronkov.

Chemicals 187