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- ⛑️ Healthcare will be the most important industry with AI
⛑️ Healthcare will be the most important industry with AI
Genesis Therapeutics raises a $200M Series B. Arkifi raises a $9M Seed. Sizzle raises a $7.5M Seed.
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A quick highlight
Amount: $200M 🎉
Round: Series B
Lead Investor: Andreessen Horowitz (a16z)
The company’s mission is to use AI to revolutionize the drug discovery process and produce viable drug candidates against targets that are biologically well-validated but considered undruggable due to highly challenging chemistry.
Genesis Therapeutics is using AI to develop small-molecule drugs and make drug discovery more successful. The funds will be used to advance Genesis’ existing wholly-owned pipeline of AI-enabled programs into clinical development. Genesis will also invest in the continued development of novel and state-of-the-art generative and predictive AI methods.
Amount: $9M 🎉
Round: Seed
Lead Investor: Khosla Ventures
The company was founded by former employees of Khosla Ventures, JP Morgan, and Bridgewater.
Arkifi's mission is to build factual and trustworthy tools with generative AI for the finance industry. Their product is a finance workflow automation tool that uses generative AI to create output that never makes up factual information (hallucination). This allows enterprises to trust results in an unparalleled capacity, making the lives of analysts and managers easier by focusing on the unique human element of finance: thinking.
The platform is a trustworthy analyst copilot that can retrieve information, build financial models, explain results, and interpret other models as shown in their demo.
Stop doing mechanical work and automate your workflow. Introducing Arkifi.AI, the future of finance is here. #Arikifi#FinTech
arkifi.ai
— Arkifi (@Arkifi)
1:39 PM • Aug 21, 2023
Amount: $7.5M 🎉
Round: Seed
Lead Investor: Owl Ventures
Sizzle AI’s mission is to make learning an incredible and engaging experience for everyone.
Their product is a free interactive app that utilizes the power of artificial intelligence (AI) to guide learners step by step through problem-solving, including those tricky word problems. Unlike other apps that only provide answers, Sizzle AI takes a unique approach. It offers students a supportive and confidence-building experience by encouraging them to tackle problems themselves.
Careers 📢
Apply to Genesis Therapeutics. Open jobs waiting for you 👇
Apply to Arkifi. Open jobs waiting for you 👇
Bonus 🔥
For the most curious minds!
Generative AI x Healthcare Map
This map includes 145 companies that have raised a total of $20B 💰
Going to be the most valuable opportunity in AI. Better patient care, new drug discovery!
Why?
Healthcare has been resistant to technology adoption, relying on fax machines for… twitter.com/i/web/status/1…
— Chief AI Officer (@chiefaioffice)
9:22 PM • Aug 17, 2023
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Cheers,
Chief AI Officer (CAIO)
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