Biotech & Health

OneCell Diagnostics bags $16M to help limit cancer reoccurrence using AI

Biotech & Health /

Cancer, one of the most life-threatening diseases, is projected to affect over 35 million people worldwide in 2050 — 77% more than the estimated 20 million cases in 2022, according to the World Health Organization. Cancer survivors globally reached 53.5 million, and the reoccurrence rate of the disease varies between 15 and 100%, depending on […]

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Benchmark invests $19M in New Lantern, a smarter way for radiologists to use AI

Biotech & Health /

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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Converge Bio’s ‘everything store’ for biotech LLMs brings in $5.5M seed

Biotech & Health /

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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Oura valued at $5B following deal with medical device firm Dexcom

Biotech & Health /

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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Healthcare VC firm Initiate has a new $45M and has already founded five startups internally

Biotech & Health /

Jessica Owens and Iana Dimkova, co-founders of Initiate Ventures, are launching their new healthcare/ life sciences-focused firm with a respectable $45 million debut fund. One of the ways they convinced limited partners to become investors is because they are building a combination early-stage and incubation firm. So not only will they invest in early-stage startups

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Google.org commits $20M to researchers using AI for scientific breakthroughs

Biotech & Health /

Google is committing $20 million in cash and $2 million in cloud credits to a new funding initiative designed to help scientists and researchers unearth the next great scientific breakthroughs using artificial intelligence (AI). The announcement, made by Google DeepMind co-founder and CEO Demis Hassabis during a fireside chat at the closed-door AI for Science

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Amazon’s telehealth platform adds low-cost plans for hair loss, skin care, and more

Biotech & Health /

Amazon One Medical is expanding its telehealth services with the launch of upfront and low-cost treatment plans and medication delivery for several beauty and lifestyle concerns. Customers can get treatment plans and medication for men’s hair loss for as low as $16 per month, anti-aging skin care for $10 per month, and erectile disfunction care

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Amazon scraps secret fertility-tracking project

Biotech & Health /

Amazon has shut down a four-year-old secret program working on a fertility monitoring device and accompanying smartphone app, CNBC reported. The project, which was known by the codename “Encore,” evolved out of Amazon’s 2020 purchase of a startup called bluDiagnostics, which was developing a device that measured the levels of estradiol and progesterone — two

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Wing begins delivering blood samples via drone in London

Biotech & Health /

Alphabet X spinoff Wing on Wednesday confirmed that it has started delivering blood samples via drone. The program, announced in September, is shuttling samples between London’s Guy’s and St Thomas’ hospitals. Wing is running up to 10 deliveries a day, Monday through Friday. Each run can contain several different samples and takes around three minutes.

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Stepful raises $31.5M to address healthcare staffing shortage with AI-powered training

Biotech & Health /

Carl Madi spent a chunk of the last decade working for Uber and Handy, an online marketplace for cleaners. “I spent a lot of time convincing drivers, handyman and cleaners, to join the gig economy,” he told TechCrunch. But when the pandemic struck, he saw many people lose their jobs overnight. He noticed that there

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