Tag: lab
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Helical secures $10M to advance virtual AI lab for pharma research
Helical, a biotechnology company developing a virtual AI lab for pharmaceutical research and development, has raised $10 million in seed funding. The round was led by redalpine, with participation from Gradient, BoxGroup, and Frst, alongside angel investors including Aidan Gomez (CEO of Cohere), Clement Delangue (CEO of Hugging Face), and Mario Götze. Founded in early read more
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BioInnovation Institute adds 11 startups to Venture Lab cohort
BioInnovation Institute (BII), a Copenhagen-based non-profit innovation hub established by the Novo Nordisk Foundation, is supporting 11 companies through its 12-month Venture Lab programme. Each company receives €500,000 in convertible loan funding, along with access to laboratory infrastructure, mentorship, business expertise, and BII’s investor network of more than 200 national and international investors. BII supports read more
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Wilbe opens White City lab in London to remove infrastructure bottlenecks for science startups
Wilbe, the venture fund and platform that trains and backs scientists to build companies from day one, today announces the launch of its first dedicated lab facility in White City, London. To date, Wilbe has trained more than 1,400 scientists, backed 22 companies, and helped create over $1.3 billion in value worldwide. However, through its read more
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UK government commits £40M to discover AI “breakthroughs” in new AI lab
The UK government has committed up to £40m to discover the UK’s AI “breakthroughs” of tomorrow, as it looks to rev up its sovereign AI credentials. A UKgovernment-backed lab will support the effort, backed by up to £40m to invest in “blue sky AI research“. The funding will be made available over six years forthe read more
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