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Lambda , $480M, artificialintelligence: Lambda, which offers cloud computing services and hardware for training artificialintelligence 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.
The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificialintelligence, 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
Nexthop AI , $110M, artificialintelligence: Artificialintelligence infrastructure provider Nexthop AI raised a massive $110 million round led by Lightspeed Venture Partners. Founded in 2012, the company has raised nearly $241 million, per Crunchbase.
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.
The appetite for genomic data continues to rise in the field of biotech and pharmaceutical research, but cost is still a factor — even sequencing a full genome now costs as little as $1,000. I asked Almogy what he felt were the areas of the biotech and medical industry that will benefit most from this new capability.
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 Other sectors got short shrift.
Not exactly sure what was in the water this week, but AI and biotech led the way as happens often. Lambda , $320M, artificialintelligence: In a big week, this was the biggest round. The company offers cloud computing services and hardware for training artificialintelligence software. billion valuation.
The world’s labs are under pressure to do more tests and process more materials, not just due to COVID but from the growing biotech and drug development sectors — and automation is the sure path forwards. “We’ve had to build an entirely new hardware stack that allows for this kind of automation,” ElSayed said.
Deep tech, medtech/biotech, climate tech, and crypto and blockchain are all areas that investors say they’re either actively investing in or watching for signs of scale. Now, certain industries are emerging as potential areas where New Zealand can win in the tech space. New Zealanders make really good founders.
Once again, biotech made up nearly a third of the list while some other sectors that don’t usually make the list — developer platform and analytics — were represented. Uniquity Bio , $300M, biotech: It has become pretty much the norm to start off these lists with a big biotech raise. billion valuation.
” There have been a number of other startups emerging that are applying some of the learnings of artificialintelligence and big data analytics for enterprises to the world of science. Harasaki is joining Peter Barratt, a founder and general partner at Playground Global, on Artificial’s board with this round.
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” while hardware production happened in China. When asked why the company straddles China and the U.S.,
Figure , $675M, artificialintelligence: Sunnyvale, California-based Figure last week confirmed earlier reports that it had raised a huge $675 million round at a $2.6 Lambda , $320M, artificialintelligence: Lambda hit unicorn status after a $320 million Series C at a $1.5 Founded in 2012, the company has raised $1.9
AI led AI was the top sector by dollars invested in the third quarter, with funding to artificialintelligence startups reaching close to $19 billion, or 28% of all venture dollars, Crunchbase data shows. AI surpassed healthcare and biotech, the second-largest sector, which raised more than $15 billion.
xAI , $6B, artificialintelligence: Elon Musk ’s generative AI startup, xAI, officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI. This allows customers to scale operations more quickly on the cloud and without the expense of equipment.
Healthcare and AI lead The leading sector for investment was healthcare and biotech companies which raised $6 billion. Large AI rounds were raised by model developers Beijing-based Baichuan Intelligence with $687 million and Toronto-based Cohere at $500 million , and Berlin-based AI-defense company Helsing raised $489 million.
Another big week for biotech, as startups in the sector scooped up multiple spots on this week’s list. Seaport Therapeutics , $225M, biotech: Seaport Therapeutics isn’t new to this list. The biotech company focuses on medicines for depression, anxiety and other neuropsychiatric disorders. billion post-money valuation.
Automated driving company Wayve , data preparation company Scale AI and AI biotech company Xaira Therapeutics each raised billion-dollar rounds. Healthcare and biotech was the second-largest sector, raising $17 billion. Hardware companies — in large part due to AI infrastructure and semiconductor fundings — raised $11 billion.
in H1 2024 was concentrated in larger bets, and in two leading industries, healthcare/biotech and AI, according to an analysis of Crunchbase data. AI-related companies represented 40% of companies and healthcare/biotech around 25%. Healthcare and AI lead The increase in funding at Series A and B in the U.S.
Artificialintelligence-related startups secured $19 billion — or 28% of all venture dollars — last quarter. Funding to artificialintelligence startups was nearly $19 billion, or 28% of all venture funding, in Q3, Crunchbase data shows. At the same time, AI is clearly ascendant. Though that’s below the $23.4
Clean Energy Ventures , based in Boston, closed on $305 million in May for an oversubscribed second fund that will focus on hardware-oriented technologies with the potential to significantly reduce greenhouse gas emissions.
Top sectors Biotech and healthcare was the leading sector by funding amount in April. Other leading sectors in April include hardware startups, which collectively raised $3.3 Companies in that space raised $5.7 billion, or around 26% of all funding, according to Crunchbase data. AI companies raised $3.9 billion; manufacturing ($2.9
Intelligent software analysis for pest and disease prediction, soil management and other involved analytical tasks. The machinery used on farms will be operated using smart technology and the artificialintelligence of robots. Weather forecasts. Automated irrigation. Light and heat control. Livestock maintenance technology.
In addition, the firm led smaller rounds for AI cancer treatment startup Valar Labs , weapon targeting company ZeroMark , and Rollup , a collaborative platform for hardware. The round, which also counted Lightspeed Venture Partners and Thrive Capital as co-lead investors, is the biggest cybersecurity round of the year thus far.
The new capital will be used to develop software and hardware for the company’s research and commercial projects — which include dietary supplements and its smart sleeping mask. Well, a San Francisco-based startup raised some cash this month to help you achieve your dream goals.
The scope includes companies working with machine learning, fintech, biotech, cybersecurity, smart cities, voice recognition, and healthtech. However, those belonging to information security solution providers (software, hardware, and consultancy) are not allowed, unless partnering with a sponsoring organization.
The Finland-based startup has developed hardware for the collection and recycling of nutrients from wastewaters such as rain. Let it rain This is definitely the first time two Finnish startups have made this list. NPHarvest snatched up about $2.4 million in a round led by Nordic Foodtech VC.
Helpdesk teams troubleshoot software or hardware issues for your product users, guide them through installations or updates, and provide solutions for service disruptions. Drug Patent Image Annotation for a South Korean Biotech Research Company Our client needed bounding box annotation for a set of drug patent images. Tech support.
It’s weaker in hardware and fintech. Rosa Biotech, Albotherm and CytoSeek. Much stronger, with more processor and hardware activity. Bristol has a strong biotech, quantum, digital, science-based/deep tech ecosystem. Bristol is strong in media/animation, edtech, social impact, health and science. What’s their focus?
Stability AI , the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. DeepMind spent days training AlphaFold 2 on tensor processing units (TPUs), Google’s costly AI accelerator hardware.
The company plans to use the money to fuel the growth of its LaserWeeder software and hardware product. Check your eyes Usually when we talk about healthcare and AI, it relates to a biotech using the technology to refine therapeutics or help with the clinical trial process. As the world changes, our food needs to follow suit.
Truveta , $320M, biotech: Medical data research company Truveta landed a massive $320 million investment from Regeneron Pharmaceuticals , Illumina and 17 U.S. Last week more than a dozen companies raised $100 million or more. This week there are fewer, but not by much, as companies needed to raise at least $100 million to make this list.
VCs spread their cash around pretty liberally, notching big rounds in semiconductors, biotech, carbon capture and more. The biotech startup is developing immunomodulatory therapeutics for patients with inflammatory autoimmune diseases. After a slow Thanksgiving week, investors made up for lost time with a slew of big-money rounds.
AI and healthcare were the two leading sectors for investment, with hardware and manufacturing gaining in prominence. AI led, with hardware and manufacturing increases AI was the leading sector for venture capital investment in February, drawing $5.7 Funding to healthcare and biotech totaled 22% of total investment.
The previously mentioned Quantum Machines, which develops hardware and software solutions to control and operate quantum computers, raised a $100 million venture round in January of last year. In late December, Alphabet spinoff SandboxAQ an AI and quantum computing startup also raised a $300 million round at a $5.6 billion valuation.
This week defense and artificialintelligence led the way with massive rounds, but healthcare, security and more also saw big raises. Abridge , $250M, healthcare: Abridge, which uses artificialintelligence to build medical documents, became the latest healthcare/biotech that uses AI to raise big.
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