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startups raised half a billion dollars apiece, and another eight raised $100 million or more, with industries from cybersecurity to biotech to AI represented. tied) Insider , $500M, digital marketing: Marketing tech platform Insider raised a $500 million Series E led by General Atlantic to fund its expansion in the U.S.
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 artificialintelligence to develop new medicines. Venture funding to AI-related biotech and healthcare startups hit only $4.8
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 artificialintelligence. “We’ve talked about 1:1 personalization for years, but it’s not possible with the way marketers work today. . billion valuation.
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. Artificialintelligence: Driving ROI across the board AI is the poster child of deep tech making a direct impact on business performance.
Even so, investment remains below the heights scaled during the 2021 market peak. billion globally went to companies applying advances in artificialintelligence to health-related areas such as medical services and pharmaceutical development, per Crunchbase data. Last year, more than $7.5 billion already invested.
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. footnote]since the companys March IPO , delivering a market cap around $26 billion.
While some things tend to slow as the year winds down, artificialintelligence fundraising apparently isn’t one of them. xAI , $5B, artificialintelligence: 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.
Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. With that in mind, here are 13 companies that the Crunchbase News team thinks could be top contenders to go public if our 2025 market forecast bears out. That made sense.
Additionally, the industry’s highly regulated nature means that executives must have a keen eye for compliance and a strong ability to navigate the ever-changing market dynamics. Top executive search firms also bring a unique set of resources and expertise to the table when it comes to attracting top talent for biotech companies.
Close to a third of all global venture funding went to companies in AI-related fields, making artificialintelligence the leading sector for funding. funding market raised a greater proportion of global funding, up from 48% in 2023. Large early-stage rounds went to data centers, renewable energy, AI, robotics and biotech.
xAI , $5B, artificialintelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported. Anthropic , $4B, artificialintelligence: Amazon has agreed to invest another $4 billion in AI startup Anthropic — a ChatGPT rival with its AI assistant Claude.
Insilico Medicine, a Hong Kong-based company that has been using artificialintelligence to discover new drugs since 2014, has completed a fresh round of funding. “Right now the market is in ‘biotechnology winter’ where many companies are running out of cash and are dying.
Best practices for leveraging artificialintelligence and machine learning in 2023 Zero-based budgeting: A proven framework for extending runway Image Credits: Getty Images It’s critical to make every dollar count in this environment, but pulling back too much in the wrong places can reduce momentum across your entire organization. “The
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. This could push the price lower, but for now a 90% reduction is more than enough to go to market with.
Navigating the choppy e-commerce seas : As reporter Ingrid Lunden writes, “e-commerce is synonymous with shopping on Amazon, but the reality is that a retailer has the option to use a bundle of different channels to sell and market products.” 6 questions investors should ask when evaluating psychedelic biotech companies. Big Tech Inc.
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.
Not surprisingly, those two rounds came from the cybersecurity and biotech industries. Eikon Therapeutics , $351M, biotech: Eikon Therapeutics raised one of the biggest biotech rounds thus far in this young year. Founded in 2023, the company has raised $77 million, per Crunchbase.
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. We will be hiring more top notch AI researchers, software engineers, medicinal chemists and biotech talent, as well as building our own research labs.”
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. As the market tightened, seed-stage companies faced a more challenging environment in which to raise a Series A round. While total funding reached $31.5
However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. Safe Superintelligence , $1B, artificialintelligence: AI research lab Safe Superintelligence raised $1 billion from a litany of big-name investors including Andreessen Horowitz and Sequoia Capital.
So a new crop of biotech companies have worked to integrate these aspects. The money will go toward the requisite testing and paperwork involved in bringing a new drug to market based on promising leads. 2021 should be a banner year for biotech startups that make smart choices early.
For the past few years the M&A market for startups has been slow — and the IPO pipeline nonexistent. However, just as AI is taking over venture, perhaps it is doing that for the M&A and IPO markets. Last week, artificialintelligence chips startup Cerebras Systems reportedly filed confidentially for an initial public offering.
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.
Pika , $80M, artificialintelligence: It never takes us long to get to an AI startup on this list. Pika, an artificialintelligence startup that generates video, raised an $80 million round led by Spark Capital that values the Palo Alto, California-based company at $470 million, per Bloomberg.
AI, biotech, space tech and cybersecurity also saw good-sized raises. Clearly GM is betting — big — the autonomous driving and robotaxi market comes back. The New York-based startup’s marketintelligence and search platform — powered by AI and natural language processing — helps clients form corporate and investment strategies.
In an increasingly hot biotechmarket, protecting IP is key. Lifebit says it has a patented technology for federating the data around genomic data, allowing researchers to get more insights while keeping the data secure. Privacy issues are regularly raised around genomic data.
The life sciences industry is characterized by unique challenges and complexities, requiring leaders who deeply understand scientific advancements, regulatory frameworks, and highly dynamic market conditions.
A biotech company that has spent 11 years researching supplements to increase human longevity plans to launch its supplements later this year. How and when to build marketing teams at deep tech companies. Longevica says it created a biotechnology platform for longevity after researching the life-span of laboratory mice.
While there were no huge rounds like last week, money was again spread around from AI to biotech to marketing and more. tied) The Brandtech Group , $115M, marketing : It seems like every week there is a big funding round involving the intersection of AI and some new sector.
After a quiet holiday week, investors were back in action dishing out big rounds to startups in robotics, biotech, healthcare and more. Element Biosciences , $277M, biotech: It’s hard to get through a week without a big biotech raise, and this one’s no different. based companies? Check out The Crunchbase Megadeals Board.
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.
Charge it : Parker is taking on the world of corporate cards — and trying to grab a piece of the market from companies like Brex and Ramp — with its new credit offering tailored to the needs of e-commerce brands. Staying power : 5 strategies for biotech startups to outlast a market downturn , as advised by James Coates.
North American startup funding perked up in the second quarter, bolstered by early-stage investment around artificialintelligence. Artificialintelligence remains the runaway favorite investment theme, as AI-focused startups pulled in $16.8 Overall, investors put $45.3 and Canadian startups in the second quarter of 2024.
The past quarter was a quirky one for North America startup funding, with a slowdown in some pockets counterbalanced by continued high enthusiasm around artificialintelligence, Crunchbase data shows. While the IPO market wasn’t especially active, we did see a handful of public offerings, predominantly in the biotech sector.
Outpace Bio , $144M, biotech: The big biotech raise of the week came from Outpace Bio. The biotech uses AI-powered protein design to program immune cells battling tumors. The company also uses artificialintelligence to help members get care faster. The new round was led by Aliment Capital.
These transformational programs, from reporting to BI to having cohesive sales and marketing teams to ERP, include everyone, not just IT. I’ve had many great positions throughout my career, in many different industries, from biotech to pharma to tech software companies, and currently at a medical device company. Then I started working.
The biotech company Moderna , for example, is aiming to use ChatGPT Enterprise to “automate nearly every business process” in order to “outpace its plan to roll out 15 new products within the next five years.” And with every passing day, “your guess is as good as mine” will become an increasingly uncomfortable answer.
At N2Growth, we approach the healthcare leadership market with a nuanced lens, drawing on decades of industry experience to ensure that leaders possess the necessary technical expertise and the resilience, strategic insight, and emotional intelligence essential for inspiring teams and shaping the future of patient care.
After another slow year in 2024 for new tech listings, there is an expectation that the IPO markets will pick up in 2025. I think there’s a lot of confidence in the market. Stock markets are trading at all-time highs, said Ran Ben-Tzur of legal advisory firm Fenwick & West. A year ago, the outlook was not bullish.
Metsera , $290M, biotech: This week was a slower week than normal for biotech — as it was for most sectors — but that didn’t stop New York-based Metsera. The company develops power-optimized chips targeting the data analytics and generative AI markets. In fact, it only took raising about $30 million-plus to make the list.
Terray Therapeutics , $120M, biotech: Los Angeles-based Terray Therapeutics, a biotech startup developing small molecule drug therapeutics, raised a $120 million Series B led by new investor Bedford Ridge Capital and existing investor NVentures. Founded in 2021, the company has raised nearly $318 million, per Crunchbase.
Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note. Sidecar Health believes a free-market approach will ensure healthcare is more accessible and affordable.
Clearly GM is betting — big — the autonomous driving and robotaxi market comes back. AlphaSense , $650M, artificialintelligence: AI-driven marketintelligence platform AlphaSense raised $650 million in funding co-led by Viking Global Investors and BDT & MSD Partners at a $4 billion valuation — a 75% increase from just nine months ago.
April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. The company develops power-optimized chips targeting the data analytics and generative AI markets. Let’s take a look.
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