In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 […]
EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI
A relatively new startup called EvolutionaryScale has secured a massive tranche of cash to build AI models to generate novel proteins for scientific research. EvolutionaryScale today announced that […]
Founders Fund leads financing of composites startup Layup Parts
Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital […]
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, […]
Ramp raises another $150 million co-led by Khosla, Founders Fund at a $7.65B valuation
Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing […]
Collaborative Robotics is prioritizing ‘human problem solving’ over humanoid forms
Humanoids have sucked a lot of the air out of the room. It is, after all, a lot easier to generate press for robots that look and move […]
Varda Space’s orbital drug factory success fuels $90M in new funding
Varda Space Industries has closed a massive tranche of funding just weeks after its first drug manufacturing capsule returned from orbit. The company’s $90 million Series B round […]
Amber launches service to help Tesla owners navigate expired warranties
Owners of aging EVs aren’t exactly flush with options if something breaks after the original warranty expires. One Bay Area startup called Amber thinks it can help them […]
Another autonomous vehicle startup shutters, Zoox expands driverless testing and investor fervor for AI escalates
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Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software
Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence […]