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Biotech- and healthcare-related startups led the way as those companies dominate the list, taking a vast majority of spots. Aviceda Therapeutics , $208M, biotech: It may be a new year, but biotech is still raising big. went, of course, to another biotech firm. went, of course, to another biotech firm.
Biotech was one of the most fortunate. Those figures fell short of the 1,415 biotech deals struck in 2021 worth a total of $39 billion. Compared to 2020’s more conservative 1,143 biotech deals worth $29.6 biotech deals also set new records in 2022 for both median deal size, $33.5 The sector recorded 1,054 U.S.-based
Understanding the Unique Challenges in Recruiting for Biotech and Life Sciences The recruitment process in the biotech and life sciences industry comes with its own set of unique challenges. One of the primary obstacles is the need for more highly skilled and qualified talent.
“In short, it covers just about every aspect of travel IT imaginable,” writes enterprise reporter Ron Miller. 6 questions investors should ask when evaluating psychedelic biotech companies. 6 questions investors should ask when evaluating psychedelic biotech companies. Image Credits: Bryce Durbin/TechCrunch.
Chinas Ministry of Commerce announced on Tuesday the inclusion of a major US biotech company on its unreliable entity list while stating that the firms discriminatory measures against Chinese enterprises harmed the legitimate rights and interests of Chinese companies.
Eikon Therapeutics , $351M, biotech: Eikon Therapeutics raised one of the biggest biotech rounds thus far in 2025. The round is the second biggest for a biotech startup this year, behind only London-based Verdiva Bio , a company creating treatments for obesity and cardiometabolic diseases that raised a $411 million Series A in January.
Improving the diversity of global genomic data could hasten medical breakthroughs — and that’s the goal of Gen-t , a Brazilian startup working to infuse biotech with genetic data from the country’s population. Currently the company is looking for participants 45 years of age or older.
3 tips for biotech startups seeking non-dilutive capital to weather the downturn. Most biotech founders who are looking to raise in this environment assume that dilutive capital is their only option, but that’s short-sighted, writes James Coates, Health and Human Performance principal at Decisive Point.
By Caleb Appleton Having invested in the biotech space since before it had a name, Ive seen life sciences investors steer founders toward a therapeutics pipeline in hopes of securing the payout of a winning drug or medical device. What is your superpower?
The company more than doubled its revenue last year while adding large enterprise customers like PetSmart and Weight Watchers. ” Marketing AI AI has had a profound effect on many sectors like biotech and cybersecurity, as many startups have added the technology to their platforms.
But when an idea originates in a lab — whether it’s AI, biotech, robotics or another deep tech research project — things quickly become tougher and much more expensive. Letting the AI do your crafting : Writer deploys home-cooked large language models to power up enterprise copy , Devin reports. billion , up from the $1.3
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. Mirador Therapeutics , $400M, biotech: It was a huge month for big biotech raises and this was the biggest. Check out the biggest rounds of last month here.
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.
Other noteworthy merger announcements in recent weeks include: Cancer therapy developer Veraxa Biotech announced last week that it plans to carry out a merger with a biotech-focused SPAC at a pre-money equity valuation of $1.3 billion.
Protein biochemist Dr. Jasmin Hume was working in the alternative food space when she saw an opportunity to evolve technology so that our global food industry can reduce its reliance on animals. She started Shiru in 2019, and the company uses a “precision fermentation” process to create plant-based ingredients for food companies.
Kong , $175M, enterprise software: Kong, a developer of cloud API technologies, closed $175 million in an up-round Series E led by Tiger Global and Balderton Capital that valued the company at $2 billion. Of course, the reliance on data has only become stronger as companies drive AI initiatives.
” Going private: A guide to PE tech acquisitions Biotech proved a surprisingly bright spot in 2022’s startup correction Image Credits: Getty Images The hard science and regulations that govern biotech companies sets them far apart from other startups. biotech deals also set new records in 2022 for both median deal size, $33.5
But what we’re learning from public announcements like these might just scratch the surface of gen AI use cases for the enterprise. Gen AI helps scientists develop new proteins Another interesting set of use cases can be found, for the time being, in biotech.
When I started at Novanta about five years ago, my first mission was to bring scalability to our Enterprise solutions, as well as developing a digital roadmap to modernize the technology footprint, reduce technical debt, and explore strategies to ensure that we’re growing at scale. Then I started working.
Enterprise tech and AI Cerebras Systems : Yes, this one is kind of cheating. Gen Teare Health and biotech Hinge Health : This is another IPO prediction where were not exactly going out on a limb (pun intended in this case). Cerebras should likely already be public. It filed to go public openly in September. That made sense.
The round is led by Episode1 Ventures, alongside Seedcamp, Cambridge Enterprise, January Ventures, and several Europe and U S.-based Therefore], for researchers in biotech, pharma, and academia, it is very difficult to attract and retain research participants, which adds substantial costs and time to their research.
Metsera , $215M, biotech: It was just in April when the New York-based clinical-stage biopharmaceutical startup emerged from stealth with $290 million in funding led by Arch Venture Partners. The deal price was a significant drop for Grubhub, which was bought by Just Eat Takeaway for $7.3 billion in 2021. billion, per Crunchbase.
Image Credits: RedBrick AI additionally provides APIs that machine learning engineers can integrate with their cloud solutions and clinical data stores, including hospital enterprise PACS servers. Sharma said RedBrick AI plans to utilize the fund to go beyond its current customer base and reach enterprises.
Island , $250M, cybersecurity: Dallas-based enterprise browser developer Island raised a $250 million Series E at a $4.8 The San Francisco-based company offers bank accounts integrated with various financial tools businesses need. Founded in 2017, the company has raised $452 million, per Crunchbase. billion valuation.
In addition, its new Collaborative CAD Tool with in-built chat means designers, engineers, manufacturers and enterprises can collaborate remotely on virtually any CAD model, from concept through to finished prototype. This allows product developers to review and discuss 3D models in more than 30 file formats in real time.
HealthTech + BioTech. SaaS, Enterprise + Retail. Winnowing the group to 200 companies was a challenging, exhausting thrill ride, and we could not be more excited by the results. These rising-star startups represent the innovation taking place across these tech categories: Hardware, Robotics, AI + ML. Space + Security.
Crivello noted that Zoom brings in about 40% of its revenue through enterprise sales, and Teamflow is resultedly “doubling down on enterprise readiness.”. The next ambition for Teamflow is expanding its customer base beyond the hip experimental team at startups.
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 2020, the company has raised nearly $79 million, per Crunchbase.
The Early Stage Pitch-Off is open to companies from around the world, consumer or enterprise and in any industry — biotech, space, mobility, impact, SaaS, hardware, sustainability and more. . Our last pitch-off had one of the most geographically diverse batches from a TC event.
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.
. “When we started working with H1, we could already see early evidence of product-market fit, including both early ‘beachhead’ pharma deals and good logo velocity in smaller biotechs. But H1 was clearly still at an early stage of maturity for supporting large demanding enterprise customers.
Some industries such as biotech are finding ways to use gen AI, but many enterprises experimenting with the technology have found a limited number of use cases so far, says Kjell Carlsson, head of AI strategy at Domino Data Lab, provider of an enterprise AI platform.
Arsenal Biosciences , $325M, biotech: The big biotech raise of the week went to South San Francisco-based Arsenal Biosciences. eGenesis , $191M, biotech: Cambridge, Massachusetts-based eGenesis, a biotech firm developing human-compatible engineered organs, closed a $191 million Series D led by Lux Capital.
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.
However, it wasn’t just AI that got funding in September, as biotech makes up about half the list. Candid Therapeutics , $370M, biotech: The biggest biotech raise of the month went to Candid Therapeutics. Arsenal Biosciences , $325M, biotech: South San Francisco-based Arsenal Biosciences had the next biggest biotech raise.
All 10 rounds hit $100 million or more, this time with space tech and biotech leading the way. Third Arc Bio , $165M, biotech: Biotech also saw a huge Series A this week. The biotech startup is developing therapeutics for solid tumors and inflammatory and immunology disease.
San Francisco-based Writer locked up a $200 million Series C that values the enterprise-focused generative AI platform at $1.9 Writer’s platform is designed to help businesses use large language models to improve workflows and offers AI solutions that can execute complex enterprise operations across systems and teams.
Just one startup saw a big raise in the nine figures, and a handful saw $75 million — including a trio of biotech firms. tied) Cleveland Diagnostics , $75M, biotech: There have not been a lot of big raises so far this year, but the few we have seen are usually related to biotech. The round valued the company at $1.75
tied) Prolific Machines , $55M, biotech: Unlike in previous weeks, there was no huge biotech round. The startup plays at a unique intersection of healthcare/biotech, AI and 3D technology. tied) Osteal Therapeutics , $50M, biotech: Dallas-based Osteal Therapeutics raised a $50 million Series D led by Zimmer Biomet.
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. AI-enhanced work assistant and enterprise search startup Glean became the latest to hit it big, locking up a more than $200 million Series D at a $2.2
Planet Technology is building a secure network called PLANET Powerful Enterprise VPN Cybersecurity and Firewall Solutions for the “post-COVID-19 era.” Tokuyu Biotech creates smart massage chairs and health care-related products that are connected to apps and sensor technologies. Systems & Technology Corp.
Indeed, portfolio includes companies in a range of industries such as fintech, enterprise/SaaS, proptech, insuretech, health tech, edtech, e-commerce, food tech, climate tech, biotech and blockchain. We don’t limit ourselves to any specific sector,” Kazah said.
Torl BioTherapeutics , $158M, biotech: It was just about a year ago that Los Angeles-based biopharmaceutical company Torl BioTherapeutics closed a $158 million Series B led by Goldman Sachs Asset Management. Well, the cancer-treating biotech is back this week after it closed a B-2 financing at another $158 million led by Deep Track Capital.
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