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: The Alphabet-owned AI drug discovery company would raise roughly $5B at about a $50B valuation, after a $2.1B round in May.
From Bloomberg: Sources: Google DeepMind spinout Isomorphic Labs is in talks to raise ~$5B at a ~$50B valuation; the AI drug discovery startup last raised $2.1B in May — Alphabet Inc.'s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence …
Isomorphic Labs · ~$5BAs stated by Bloomberg.
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.
Opentrons will use the money to scale its lab robotics, software and data infrastructure.
Leash Biosciences built a platform to physically measure thousands of proteins against millions of molecules. In this followup to our Leash Bio podcast with cofounder Ian Quigley, he returns to discuss the release of Minos, Leash’s framework of pre-measured experimental worlds that scientific…