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Healthcare And AI Is A Hot Combination For Startups

Crunchbase News

billion globally went to companies applying advances in artificial intelligence to health-related areas such as medical services and pharmaceutical development, per Crunchbase data. billion valuation, and Insilico Medicine , a company applying AI to pharmaceutical R&D that raised a $100 million Series E.

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10 Key Trends of Digital Transformation in Healthcare in 2022

OTS Solutions

At the heart of this shift are AI (Artificial Intelligence), ML (Machine Learning), IoT, and other cloud-based technologies. Modern technical advancements in healthcare have made it possible to quickly handle critical medical data, medical records, pharmaceutical orders, and other data.

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The next healthcare revolution will have AI at its center

TechCrunch

This is already leading to a massive acceleration in both the investment and application of artificial intelligence in the health and medical ecosystems. Today, I believe we are on the cusp of another healthcare revolution — one driven by artificial intelligence (AI).

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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Anthropic , $1B, artificial intelligence: Anthropic, a ChatGPT rival with its AI assistant Claude, is reportedly taking in a fresh $1 billion investment from previous investor Google.

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The Week’s 10 Biggest Funding Rounds: Cardurion Pharmaceuticals And Human Interest Nab Largest Raises

Crunchbase News

Cardurion Pharmaceuticals , $260M, biotech: Cardurion Pharmaceuticals led the way for biotech startups raising big money this week, as the Burlington, Massachusetts-based biotech firm raised a $260 million Series B financing led by Ascenta Capital. Notice anything missing? Yep, no huge AI raise. Navy that move along the water surface.

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AI drug discovery platform Insilico Medicine announces $255 million in Series C funding

TechCrunch

For instance, Insilico Medicine has collaborated with Pfizer on novel target discovery, and Johnson & Johnson on small molecule design, and done both with Taisho Pharmaceuticals. Today, the company also announced a new partnership with Teva Branded Pharmaceutical Products R&D, Inc.

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Hong Kong’s AI drug discovery firm Insilico closes $60M Series D

TechCrunch

Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. Insilico has its own Chinese partner — pharmaceutical behemoth Fosun Pharma.

Biotech 211