Crunchbase News

MAY 24, 2024

This year is shaping up as the first we’ve seen in which biotech and healthcare startups receive a majority of U.S. So far in 2024, biotech and health companies have pulled in around $5.6 The biotech sector’s comparatively strong showing comes as overall Series A dealmaking looks on track to come in a bit above last year’s totals.

Biotech 137

Biotech Healthcare Generative AI Analysis 137

Crunchbase News

NOVEMBER 1, 2024

The new round is bigger than the $6 billion round Elon Musk ’s generative AI startup, xAI , officially announced in May, which up to this point was the largest round raised this year. Pacific Fusion , $900M, energy: Another huge AI-related round. Seaport Therapeutics , $225M, biotech: Seaport Therapeutics isn’t new to this list.

Biotech 123

Biotech Energy Artificial Intelligence Artificial Inteligence 123

TechCrunch

FEBRUARY 28, 2023

” 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

Biotech 212

Biotech Survey Generative AI Windows 212

Crunchbase News

DECEMBER 5, 2024

Last month, xAI and Anthropic raised a combined $9 billion as AI funding remained red-hot. xAI , $5B, artificial intelligence: Generative AI startup xAI raised $5 billion in a round valuing it at $50 billion, The Wall Street Journal reported. Other sectors, including IT management and robotics, also saw big rounds.

Artificial Inteligence 127

Artificial Inteligence Artificial Intelligence Generative AI Biotech 127

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. 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.

Biotech 117

Biotech Generative AI Automotive Industry 117

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 122

Artificial Intelligence Artificial Inteligence Biotech Generative AI 122

TechCrunch

MARCH 17, 2023

Zero-based budgeting: A proven framework for extending runway 5 strategies for biotech startups to outlast a market downturn Image Credits: Getty Images Spinning up a biotech company is a massive undertaking. “The best founders look for a framework to strategically cut burn while keeping their startup’s value drivers functioning.”

Budget 230

Budget Biotech Artificial Inteligence Banking 230

TechCrunch

AUGUST 18, 2023

We featured generative AI companies five years before the popular investors took notice and climate tech 2.0 Clean tech – Tied in with the biotech trend, we’re seeing a continued surge in input/output companies that process waste to produce byproducts like energy and potable water. It’s a big new data rush.

Biotech 221

Biotech Technical Review Fintech Trends 221

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 194

Software Review Enterprise Generative AI Artificial Inteligence 194

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 valuation is a nice uptick from the $500 million the company was valued at after a $100 million round led by Iconiq Growth last year.

Artificial Inteligence 124

Artificial Inteligence Artificial Intelligence Retail Generative AI 124

CIO

MAY 15, 2024

Today we worry this phenomenon is playing out with enterprise adoption of generative AI. Generative AI (genAI) arrived on the scene with use cases such as “support chatbots” or “talk to your documentation apps” that were so obviously useful that many companies are well on their way to taking them into production.

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Artificial Inteligence Generative AI Biotech Artificial Intelligence 195

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 77

Biotech Artificial Inteligence Artificial Intelligence Healthcare 77

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. “OpenBioML is one of the independent research communities that Stability supports,” Mostaque told TechCrunch in an email interview.

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Artificial Inteligence Machine Learning Biotech Training 274

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.

Artificial Inteligence 126

Artificial Inteligence Biotech Artificial Intelligence Generative AI 126

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 122

Biotech Generative AI Artificial Intelligence Artificial Inteligence 122

TechCrunch

DECEMBER 11, 2023

The factories which process our food and beverages (newsflash: no, it doesn’t come straight from a farm) have to be kept very clean, or we’d all get very ill, to be blunt. That usually entails deploying all sorts of petri-dish-based microbiological monitoring, hardware and waiting for tests to return from labs.

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Generative AI Hardware Testing Biotech 210

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 126

Biotech Blockchain Generative AI Energy 126

Crunchbase News

SEPTEMBER 6, 2024

A proposed California bill that has proven controversial in the industry is looking to put safety regulations and guardrails on AI — although many companies, including OpenAI, worry it may be too burdensome to many AI firms. Sakana AI locked up a $100 million round led by Khosla Ventures , Lux Capital and New Enterprise Associates.

Biotech 120

Biotech Artificial Intelligence Artificial Inteligence Pharmaceuticals 120

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 116

Artificial Inteligence Biotech Generative AI Healthcare 116

Crunchbase News

JUNE 7, 2024

Pika is part of a growing group of startups building text-to-video AI software. 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.

Energy 126

Energy Biotech 3D Artificial Inteligence 126

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. Scorpion Therapeutics , $150M, biotech: Yet another big biotech round. In fact, the big rounds came from everywhere, including automotive, fintech and IT software. Notice anything missing?

Pharmaceuticals 120

Pharmaceuticals Biotech Artificial Inteligence Automotive 120

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 115

Biotech Generative AI Artificial Inteligence Artificial Intelligence 115

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. With the new cash, 3-month-old SSI plans to add computing power and hire new talent.

Biotech 120

Biotech Artificial Inteligence Artificial Intelligence Travel 120

TechCrunch

MARCH 16, 2023

Biting into an AI Apple : Apple isn’t about to let all those other big tech companies get in on the AI fun. A new story, also by Ivan , reports that Apple is reportedly experimenting with language-generating AI so that Siri can better understand queries. Alex found some bullish news for software companies.

Banking 249

Banking Biotech Report Artificial Inteligence 249

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. Check out last week’s biggest funding rounds here.

Artificial Inteligence 122

Artificial Inteligence Biotech Artificial Intelligence Healthcare 122

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 116

Biotech Artificial Inteligence Artificial Intelligence Energy 116

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. FogPharma , $145M, biotech: It sure feels like this will be a big year for biotech startups, as a few make this list every week.

Energy 124

Energy Biotech Artificial Intelligence Artificial Inteligence 124

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 132

Biotech Healthcare Generative AI Report 132

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 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 129

Biotech Artificial Intelligence Artificial Inteligence Energy 129

Crunchbase News

MAY 7, 2024

Top sectors Biotech and healthcare was the leading sector by funding amount in April. AI companies raised $3.9 Not growing, not slowing The launch of generative AI has led to the creation of new startups in this cycle. Companies in that space raised $5.7 billion, or around 26% of all funding, according to Crunchbase data.

Biotech 141

Biotech Generative AI Report Healthcare 141

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. He says the technology could also be used to study dementia and even ‘brute force’ test the compounds that we have discovered using Quantum Computing and Generative AI.”

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Generative AI Energy Journal Games 260

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. Another slow week with only three companies raising rounds of more than $100 million.

Biotech 115

Biotech Blockchain Healthcare Generative AI 115

Crunchbase News

FEBRUARY 2, 2024

Generate invests in an array of infrastructure projects, from community solar systems to municipal wastewater treatment to electrifying fleets. Kore.ai , $150M, artificial intelligence: Another week and another big round for a generative AI startup. AI enterprise conversational platform Kore.ai billion, per Crunchbase.

Biotech 113

Biotech Artificial Inteligence Artificial Intelligence Pharmaceuticals 113

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 127

Artificial Inteligence Biotech Software Review Healthcare 127

Crunchbase News

OCTOBER 18, 2024

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.

Energy 114

Energy Artificial Inteligence Artificial Intelligence Biotech 114

Crunchbase News

JULY 11, 2024

The barely more than 1,000 deals announced last quarter was the lowest total for rounds going to AI-related startups in years. Of course, some of the biggest include Elon Musk ’s generative AI startup, xAI , officially announcing its long-awaited $6 billion fundraise, CoreWeave locking up $1.1

Company 132

Company Biotech Generative AI Metrics 132