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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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Affect raises a seed round to grow its stimulant abuse recovery service

TechCrunch

There are any number of seed rounds that cross our desks every day, a never-ending march of enterprise software, consumer apps, games, hardware, biotech and sometimes even a space startup. So when Affect’s $1 million seed round from AlleyCorp came to my attention, I wanted to learn a bit more. Let’s hope.

Biotech 187
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Activ Surgical raises $45 million Series B round to give surgeons eagle eyes

TechCrunch

The first of those tools is the company’s hardware component, called ActivSight, which allows surgeons to see things that would otherwise be invisible, like blood flow through microscopic vessels inside tissue. The goal is to ultimately collect a unique intraoperative data set based on surgeries completed with ActivSight.

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NXgenPort aims to detect early signs of infection in cancer patients before symptoms arise

TechCrunch

The goal of the port is to alert physicians to signs of infection, reduce hospitalizations and gather important physiological data to improve patient outcomes. In addition to the hardware, the startup will have a subscription model for its software that will collect and analyze results for physicians.

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Kalogon’s smart cushion for wheelchairs keeps the pressure off and brings in $3.3M

TechCrunch

You can see it being set up and demonstrated in the video below: Despite the glowing reviews, it’s difficult to prove the efficacy of this type of setup, Balz admitted, because there’s just not a lot of clinical data on it yet.

Study 235
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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. I asked Almogy what he felt were the areas of the biotech and medical industry that will benefit most from this new capability.

Biotech 315
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Agritech startups, innovations & facts

Apiumhub

Technology and data can open new opportunities and help solve problems with production, traceability, and the preservation of natural resources. Data is at the heart of this technique. For example, it can optimize the use of pesticides or fertilizers based on the data gathered. Big data for food supply efficiency.