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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

Boston Consulting Group (BCG) partner Chris Meier reported in the March 22 Issue of Nature Reviews Drug Discovery that 24 “AI native” drug discovery companies have a combined 160 disclosed discovery programs. Y Combinator has been a net positive force in driving innovative experimentation at the early stages of company development.

Biotech 242
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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

As interest in webhooks continues to soar due to their importance in helping web applications communicate with each other in real-time, Convoy’s play, which allows developers globally simply plug its webhooks infrastructure and focus on building their APIs and products, is meritorious. . Founded in : 2019. Simplifyd Systems.

.Net 228
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Operative Intelligence helps contact centers figure out what customers really need

TechCrunch

Operative Intelligence was founded in 2019 by brothers Peter and James Ianesk, who have spent 25 years working in customer service and contact centers. Those notes were analyzed by a team using the “5 Whys” system for finding the root cause of a problem. Its platform also breaks down customer inquiries into prioritized lists.

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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

Latch, an enterprise SaaS company that makes keyless-entry systems, has raised $152 million in private capital, according to Crunchbase. Sunlight Financial, which offers point-of-sale financing for residential solar systems, has raised north of $700 million in venture capital, private equity and debt. from 2019 to 2020.

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Fetcherr raises $12.5M to dynamically price airfare with algorithms

TechCrunch

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. “Fetcherr predicts demand using real-time, sophisticated models and automatically provides pricing recommendations.”

Airlines 184
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Rani Therapeutics’ $73M IPO will fund upcoming clinical trials

TechCrunch

A 2019 review and meta analysis of 35 studies found that between 20% and 30% of young adults are afraid of needles, a fear that can lead some people to avoid medical treatments or vaccines. . Octreotide for acromegaly or neuroendocrine tumors in the GI tract (NETs) . Net losses for 2019 and 2020 totaled $26.6

Biotech 245
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February 2024 Patch Tuesday

Ivanti

Microsoft updates this month impact the Windows OS, Office 365, Edge, Windows Defender, Sharepoint, SQL Server, Exchange Server,Net (reissued), multiple Azure components and a few odds and ends. It is recommended to review the mitigations and workarounds for this vulnerability in addition to the App Installer update. base score of 9.8.