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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. billion to develop data centers in Spain. In 2023, it partnered with Digital Realty to develop $7 billion in data centers targeting providers of online content, cloud services and artificial intelligence.

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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

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5 ways biotech startups can mitigate risk to grow sustainably in the long run

TechCrunch

In the world of biotech, for example, it’s extremely capital intensive to develop multiple products that are all going through clinical trials simultaneously. A better approach would be to focus on a lead program — a single product that they can take through various stages of development, ultimately leading to FDA approval.

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Deep tech disruption: How advanced technologies are transforming businesses

CIO

Product and service innovation: Software companies now sell AI-driven analytics as products, automakers offer AI features (like driver assist or predictive maintenance) as differentiators and healthcare firms use AI to develop new diagnostics and personalized medicine. Crucially, the time and cost to implement AI have fallen.

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Next-gen skincare, silk without spiders and pollution for lunch: Meet the biotech startups pitching at IndieBio’s Demo Day

TechCrunch

Biotech can often, and sometimes literally, fly over our heads. For IndieBio, a science and biotech accelerator run by VC firm SOSV, this unprecedented year offered high stakes and new challenges. Today and tomorrow, the biotech accelerator is hosting its twice-annual demo day.

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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. We will be hiring more top notch AI researchers, software engineers, medicinal chemists and biotech talent, as well as building our own research labs.”

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Biotech startup Shiru sprouting plant-based ingredients with new capital infusion

TechCrunch

We aim to cover a lot of food categories, but by replacing them with sustainable and nutritious ingredients.”. The firm is an investment fund focused on healthy food and sustainable agriculture, and often invests in companies that have impact and an analog to replace animal products. For example, white, spongy bread has milk proteins.

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