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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. Aviceda Therapeutics , $208M, biotech: It may be a new year, but biotech is still raising big. went, of course, to another biotech firm. However, as usual, a company with AI ties is on top.

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Eye On AI: Funding To Biotech And Healthcare Startups Using AI Takes Off After Dip In 2023

Crunchbase News

The new fund is just the latest example of investor excitement about healthcare- and biotech-related uses for AI. Venture funding to AI-related biotech and healthcare startups hit only $4.8 billion was raised by AI-related biotech/healthcare related startups. billion in 2023, a significant decrease from 2022.

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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. 5 ways biotech startups can mitigate risk to grow sustainably in the long run by Ram Iyer originally published on TechCrunch.

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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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Techstars unveils sustainability-focused acceleration program in Paris

TechCrunch

Techstars , a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. With this sustainability-focused accelerator, Techstars is hitting the reboot button. Every year, Techstars Sustainability Paris plans to accept 24 startups across two batches.

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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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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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