Crunchbase News

APRIL 2, 2024

Wonder ’s big $700 million raise may have captured most people’s attention last month, but the story when it came for large deals was really biotech. That makes it quite the month for startups looking to develop drugs and therapies for all that ails us. That sector saw seven of the rounds on this list. billion, per Crunchbase.

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Biotech Generative AI Automotive Industry 115

Crunchbase News

NOVEMBER 22, 2024

Of course, it was led by two well-known AI startups — including xAI , which had its second massive haul of cash in just six months. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a funding round valuing it at $50 billion, The Wall Street Journal reported.

Artificial Intelligence 120

Artificial Intelligence Artificial Inteligence Biotech Generative AI 120

Crunchbase News

NOVEMBER 12, 2024

San Francisco-based Writer locked up a $200 million Series C that values the enterprise-focused generative AI platform at $1.9 The new cash will be used for the company’s quick-start AI applications and agents for workflows in healthcare, retail and financial services. “At

Artificial Inteligence 122

Artificial Inteligence Artificial Intelligence Retail Generative AI 122

TechCrunch

NOVEMBER 4, 2022

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. Stability AI’s ethically questionable decisions to date aside, machine learning in medicine is a minefield.

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Artificial Inteligence Machine Learning Biotech Training 274

CIO

APRIL 17, 2024

The retail industry has no shortage of cases on display where generative AI has shown tangible benefits. They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. And software code is a language.”

Software Review 195

Software Review Enterprise Generative AI Artificial Inteligence 195

Crunchbase News

JUNE 4, 2024

Not surprisingly AI led the way — as it always seems to do — with a trio of a billion-or-more rounds. xAI , $6B, artificial intelligence: 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.

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Artificial Inteligence Biotech Artificial Intelligence Generative AI 123

Crunchbase News

SEPTEMBER 6, 2024

SSI, co-founded by OpenAI ‘s former chief scientist Ilya Sutskever , is looking to develop safe artificial intelligence systems — something that has been in the news a lot recently as fears increase of AI tech being harmful to humans and society. The 3-month-old startup will look to add computing power and hire new talent.

Biotech 117

Biotech Artificial Intelligence Artificial Inteligence Pharmaceuticals 117

Crunchbase News

JUNE 28, 2024

Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. Formation Bio, an AI-enhanced pharma company, raised a $372 million Series D led by a16z. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note.

Artificial Inteligence 114

Artificial Inteligence Biotech Generative AI Healthcare 114

Crunchbase News

JUNE 7, 2024

Department of Energy ’s Milestone-Based Fusion Development Program. Pika , $80M, artificial intelligence: It never takes us long to get to an AI startup on this list. Pika is part of a growing group of startups building text-to-video AI software. tied) Twelve Labs , $50M, video: Yet another AI-related video startup.

Energy 123

Energy Biotech 3D Artificial Intelligence 123

Crunchbase News

JULY 19, 2024

Eight startups raised $100 million or more this week as a biotech and financial services company led the way. Yep, no huge AI raise. The startup is focused on developing therapeutics for the treatment of cardiovascular diseases. Scorpion Therapeutics , $150M, biotech: Yet another big biotech round.

Pharmaceuticals 117

Pharmaceuticals Biotech Artificial Inteligence Automotive 117

Crunchbase News

SEPTEMBER 13, 2024

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.

Biotech 75

Biotech Artificial Inteligence Artificial Intelligence Healthcare 75

Crunchbase News

APRIL 19, 2024

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. Rivos , $250M, semiconductor: Semiconductor startups are seeing big money, in part thanks to the explosion in generative AI.

Biotech 120

Biotech Generative AI Artificial Intelligence Artificial Inteligence 120

Crunchbase News

OCTOBER 1, 2024

AI startup Safe Superintelligence ’s $1 billion round — for a startup that’s existed for only a few months — easily led the way. However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. Candid is developing T-cell engager antibodies to treat inflammatory diseases.

Biotech 117

Biotech Artificial Intelligence Artificial Inteligence Travel 117

Crunchbase News

OCTOBER 4, 2024

The new round is bigger than the $6 billion round Elon Musk ’s generative AI startup, xAI , officially announced in May — which was the largest round raised this year. Kailera Therapeutics , $400M, biotech: Biotech was even bigger this week than normal. Poolside has raised $626 million since being founded in May 2023.

Biotech 113

Biotech Artificial Intelligence Artificial Inteligence Energy 113

Crunchbase News

MAY 31, 2024

xAI , $6B, artificial intelligence: 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. among others. among others. The xAI round had been rumored for months. just earlier this year.

Biotech 113

Biotech Generative AI Artificial Intelligence Artificial Inteligence 113

Crunchbase News

MAY 2, 2024

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.

Biotech 123

Biotech Blockchain Generative AI Energy 123

Crunchbase News

MAY 24, 2024

Nevertheless, the week saw a $1 billion round go to yet another AI startup, and biotech and blockchain also saw some big deals. Scale AI , $1B, artificial intelligence: This week was like many — one topped with a big AI round. The startup will use the new cash to grow its user base and add developer tools.

Artificial Inteligence 119

Artificial Inteligence Biotech Artificial Intelligence Healthcare 119

TechCrunch

APRIL 19, 2023

While Generative AI is buzzy right now, what OpenAI, Microsoft and Google are doing may be only part of the story. Cortical combines synthetic biology and human neurons to develop what it claims is a class of AI, known as ‘Organoid Intelligence (OI)’.

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Capgemini

NOVEMBER 18, 2024

Key Takeaways from BioTechX 2024: A Shift Towards Realism and Practical Applications Capgemini Nov 6, 2024 Facebook Linkedin The BioTechX event in Basel in October was a major gathering for biotech and pharma professionals. Last year, we were all about the potential of large language models and generative AI.

Applications 52

Applications Biotech Pharmaceuticals Generative AI 52

Crunchbase News

MARCH 1, 2024

The quintet that did raise big were from three of the usual sectors — biotech, energy and AI — however one was from a sector we don’t normally see — a vertical farming agtech startup. Fervo Energy, a geothermal developer, locked up a big $244 million round led by shale oil and gas firm Devon Energy Corp. billion Series B.

Energy 121

Energy Biotech Artificial Intelligence Artificial Inteligence 121

Crunchbase News

AUGUST 16, 2024

Andreessen co-led the Series B in AI voice software developer ElevenLabs with angel investors Nat Friedman and Daniel Gross. The firm also led the Series A in text-to-image generative AI company Ideogram. Healthcare and AI lead The increase in funding at Series A and B in the U.S.

Biotech 130

Biotech Healthcare Generative AI Report 130

Crunchbase News

MARCH 29, 2024

While there were no huge rounds like last week, money was again spread around from AI to biotech to marketing and more. Celestial AI , $175M, semiconductors: Optical interconnectivity startup Celestial AI raised a massive $175 million Series C led by Thomas Tull ’s US Innovative Technology Fund.

Biotech 127

Biotech Artificial Intelligence Artificial Inteligence Energy 127

Crunchbase News

AUGUST 23, 2024

Investors certainly put their money everywhere, from biotech to productivity tools, but they didn’t shell out a lot. Pathalys Pharma , $105M, biotech: Raleigh, North Carolina-based Pathalys Pharma isn’t new to this list — it topped it early last year. The company specializes in late stages of developing treatments for kidney disease.

Biotech 112

Biotech Blockchain Healthcare Generative AI 112

Crunchbase News

JULY 2, 2024

Formation Bio , $372M, biotech: Formation Bio, an AI-enhanced pharma company, raised a $372 million Series D led by a16z. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note. Founded in 2011, the company has raised $1.4 billion, per Crunchbase.

Artificial Inteligence 125

Artificial Inteligence Biotech Software Review Healthcare 125

Crunchbase News

MAY 7, 2024

Big deals The largest startup funding round in April was a $1 billion deal to stealth startup Xaira Therapeutics for drug development using AI. Top sectors Biotech and healthcare was the leading sector by funding amount in April. However, larger private software companies are adapting quickly to this new technology cycle.

Biotech 140

Biotech Generative AI Report Healthcare 140

Ooda Loop

NOVEMBER 20, 2024

Converge Bio, a generative AI platform for accelerated drug discovery and development, announced on Wednesday that it has raised $5.5 in Seed funding to speed up drug discovery and development with GenAI appeared first on OODAloop. million in Seed funding, led by TLV Partners.

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Artificial Inteligence Biotech Pharmaceuticals Chemicals 64

Crunchbase News

OCTOBER 18, 2024

The company is developing advanced small modular nuclear reactors for clean energy generation. Decagon , $65M, artificial intelligence: San Francisco-based company Decagon, a developer of AI customer support agents, raised a $65 million Series B led by Bain Capital Ventures. came from north of the border.

Energy 112

Energy Artificial Inteligence Artificial Intelligence Biotech 112

Crunchbase News

SEPTEMBER 4, 2024

You had to raise more than $150 million to make the top 10 list this month — as investors put money into everything from defense tech to semiconductors to biotech. Groq , $640M, semiconductor: AI semiconductor and software startup Groq locked up a $640 million Series D round at a valuation of $2.8 billion Series E in late 2022.

Artificial Inteligence 113

Artificial Inteligence Biotech Artificial Intelligence Travel 113

Crunchbase News

JANUARY 8, 2024

While we saw enthusiasm for hot sectors like generative AI, it was tempered by pullbacks in areas ranging from fintech to consumer products. In addition to AI, cleantech, biotech and next-generation manufacturing were among the areas where startups scored outsized rounds. billion Series C.

Biotech 125

Biotech Generative AI Insurance Artificial Intelligence 125

Crunchbase News

FEBRUARY 9, 2024

That included more than $200 million for a security company and lots of big biotech raises. NinjaOne , $232M, security : NinjaOne showed this week that not all big funding rounds go to generative AI companies. Neurona Therapeutics , $120M, biotech: San Francisco-based Neurona Therapeutics was the big biotch winner this week.

Biotech 110

Biotech Games Healthcare Groups 110

Crunchbase News

SEPTEMBER 24, 2024

It seems every time a large generative AI company raises billions of dollars, one of the Big Tech pillars such as Nvidia , Microsoft or Google is leading the round. Large rounds it has led or co-led include those for biotech firm Santa Ana Bio , data observability startup Cribl , and AI legal tech firm Harvey.

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Biotech Games Generative AI Data 134

Crunchbase News

JUNE 27, 2024

However, M&A is not the only way to exit, and AI may be looking to help there too. It’s a good time to be an AI chip developer. Other companies that went public this year had strong AI ties — like biotech Tempus AI — or played up their AI connections strongly — like Reddit.

Marketing 125

Marketing Artificial Intelligence Artificial Inteligence Biotech 125

Crunchbase News

FEBRUARY 7, 2024

The company — a utility-scale solar and energy storage project development, ownership and operations platform — will use the new capital to grow its “high value project development pipeline.” Kore.ai , $150M, artificial intelligence: Of course there’s a big round for a generative AI startup. billion in October 2022.

Energy 110

Energy Biotech Artificial Intelligence Artificial Inteligence 110

Crunchbase News

MARCH 5, 2024

The company is developing AI-enhanced robots that it hopes will be able to perform dangerous jobs and alleviate labor shortages. The startup is a provider of Nvidia ’s latest GPUs, which are highly sought after by AI developers. The round marks the largest by an AI startup this year, per Crunchbase data.

Games 110

Games Artificial Intelligence Artificial Inteligence Biotech 110

Crunchbase News

OCTOBER 18, 2024

Four main categories for big AI fundraisers Generative AI remains the buzziest space for startup funding, so it’s not surprising to see the largest fundraising recipients fall in this category. Next up in the gen AI category are Anthropic , with $8.4 Editor’s note: The list includes Inflection AI.

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Artificial Intelligence Artificial Inteligence Generative AI Tools 132

TechCrunch

FEBRUARY 24, 2023

The company continued hiring developers and marketers and raised the team by around 10%. Developed a SaaS-based white-label web3 platform that opens revenue streams and strengthens community engagement. Ahrefs claims to have become a $100 million company in annual revenue without venture capital. Incorporated in Delaware, USA.

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Crunchbase News

FEBRUARY 16, 2024

It wasn’t surprising, for instance, to see that generative AI has been a popular area for seed investors. AI-assisted diagnostics was one of the more popular focus areas. Others are turning to AI to better understand immune response. Generative AI Last but certainly not least on our list is generative AI.

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