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Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

TechCrunch

Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” Insilico uses machine learning to identify potential drug targets and eventually create the drug. while hardware production happened in China.

Chemicals 187
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Ultima Genomics claims $100 full genome sequencing after stealth $600M raise

TechCrunch

The appetite for genomic data continues to rise in the field of biotech and pharmaceutical research, but cost is still a factor — even sequencing a full genome now costs as little as $1,000. The third advance involves machine learning to accelerate the process of turning optical data (the CD-style scanning signal) into usable data.

Biotech 315
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Agritech startups, innovations & facts

Apiumhub

Intelligent software analysis for pest and disease prediction, soil management and other involved analytical tasks. The machinery used on farms will be operated using smart technology and the artificial intelligence of robots. Weather forecasts. Automated irrigation. Light and heat control. Livestock maintenance technology.

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Atlanta Tech Events and Startup Hubs You Need to Visit

Altexsoft

The scope includes companies working with machine learning, fintech, biotech, cybersecurity, smart cities, voice recognition, and healthtech. However, those belonging to information security solution providers (software, hardware, and consultancy) are not allowed, unless partnering with a sponsoring organization.

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Stability AI backs effort to bring machine learning to biomed

TechCrunch

Stability AI , the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML , the endeavor’s first projects will focus on machine learning-based approaches to DNA sequencing, protein folding and computational biochemistry.