Proximal Ventures raises debut fund to back startups bringing AI to drug development (opens techcrunch.com)
Former SignalFire investor Sahir Raoof's first fund targets AI in pharma.
Context: Bristol Myers Squibb led the Series E at a $3 billion valuation.
From SiliconANGLE: Pathos AI Inc. today announced that it has raised $237 million in funding at a $3 billion valuation. Pharmaceutical giant Bristol Myers Squibb Co. led the Series E round with participation from several unnamed returning backers.
Pathos AI · Series E · $237M · with Bristol Myers SquibbAs stated by SiliconANGLE.
Former SignalFire investor Sahir Raoof's first fund targets AI in pharma.
Oura buys Counsel Health for $625M weeks after postponing its own IPO; Oura added Counsel's AI chatbot to its app earlier this year.
We help the labs behind your medicines deliver study results 10x faster.
The Alphabet-owned AI drug discovery company would raise roughly $5B at about a $50B valuation, after a $2.1B round in May.
Opentrons will use the money to scale its lab robotics, software and data infrastructure.