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Health And Biotech Startups Now Get The Majority Of US Series A Funding

Crunchbase News

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 126
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Protein programmers get a helping hand from Cradle’s generative AI

TechCrunch

Interestingly the model itself is not biotech-specific exactly but a derivative of the same “large language models” that have produced text production engines like GPT-3. ” Generate Biomedicines raises $370M Series B with a focus on protein-based drugs. .” Image Credits: Cradle.

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The Week’s 10 Biggest Funding Rounds: Another Big Week For Biotech And AI

Crunchbase News

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 71
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TechCrunch+ roundup: Using predictive LTV, Boston VC survey, active learning for ML teams

TechCrunch

This post includes real-life examples of predictive LTV decisions that can help generate higher returns on ad spending or identify underperforming campaigns that can be stopped in their tracks. Successfully navigating clinical trials is arguably harder than simply showing investors you can reach product-market fit, and still, “U.S.

Biotech 212
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

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.”

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3 ways to break out of AI ‘pilot purgatory’

CIO

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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The 10 Biggest Rounds Of September: Safe Superintelligence’s $1B Raise Reigns Supreme

Crunchbase News

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 101