LLM models are already capable of diagnosing scientific outputs, but, until now, had “no physical agency to actually perform" experiments.
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Smart ring maker Oura announced on Thursday that it has closed a $200 million Series D funding round, bringing the company’s valuation to $5.2 billion. The round included participation from Fidelity Management and glucose device maker Dexcom. Oura says the new capital will allow it to expand its product offerings and further invest in product, science, […]
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KHP Ventures is raising a £20 million ($25.5 million) fund specifically aimed at accelerating startups addressing depression, anxiety and psychosis.
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Aqemia, a French startup that’s meshing “quantum-inspired physics” with machine learning to find new drugs, has raised $38 million in a fresh round of funding led by San Francisco-based VC firm Cathay Innovation. This is Aqemia’s second fundraise of the year — it announced a €30 million ($31.5 million) raise back in January — and […]
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A U.S. breast-screening program claims to demonstrate the potential benefits of using artificial intelligence (AI) in mammography screening, with women who paid for AI-enhanced scans 21% more likely to have cancer detected. DeepHealth, an AI firm owned by radiology giant RadNet, presented its findings at the annual meeting of the Radiological Society of North America […]
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Many VCs, particularly newer firms, readily admit that 2024 has been a challenging year for raising fresh capital. Dimension Capital, a two-year-old venture outfit, had a different experience when raising its second fund. “Every investor from fund one came back very quickly,” said Zavian Dar (pictured center), one of the firm’s three founders and managing […]
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Back in the heady days of 2021, Heartcore Capital planned to focus on consumer technology with a $200 million fund. Fast-forward to 2024, and its latest fund will now “leaven the bread” of that thesis, with a fresh $180 million (€170 million) to go broader and more generalist than that earlier thesis. Some 17 years […]
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Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B food tech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x. The round fast follows […]
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Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the company’s AI software aims to identify early-stage coronary […]
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Cancer incidence is on the rise, particularly among younger adults, but most new drug compounds fail to progress through clinical trials. According to French entrepreneur Fanny Jaulin (on the right in the picture above), the problem lies with clinical trial design. “Just because a drug isn’t successful in clinical trials doesn’t mean it’s not a […]
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Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is where U.K. startup Deep Blue Biotech is putting its energies. The biotech startup founded in […]
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Vikram Bhaskaran was leading creator partnerships at Pinterest when his father started showing early symptoms of ALS, a rare, terminal neurodegenerative disease. “It turned my world upside down,” Bhaskaran said. He worked during the day, and spent his evenings Googling the illness and treatment options and in Facebook groups. But Bhaskaran discovered that finding clear, […]
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Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared in 2022 as part […]
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Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to assisting in writing. It’s now raised €6 million […]
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OneCell Diagnostics has secured $16 million in a Series A round as it aims to limit cancer recurrence using AI advancements along with scientific ways.
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Shiva Suri gained a unique perspective into how radiologists work when he quarantined and shared a home office with his mom, a well-regarded radiologist. “I watched her work day in and day out, and she was wasting about seven to eight hours on boring workflow tasks,” Suri said. “Only 5% of her time, she had […]
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AI is finding its way into every corner of biotech and pharmaceutical research, but like other industries, it’s never quite as straightforward to implement as one would like. Converge Bio has built a tool for companies to make their biology-focused LLMs actually work, from “enriching” their data to explaining their answers. The company has raised […]
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Smart ring maker Oura announced on Tuesday that it has received a $75 million investment from glucose device maker Dexcom. The investment marks Oura’s Series D funding round and brings the company’s valuation to more than $5 billion. The partnership paves the way for the two companies’ devices and apps to be used together, which […]
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