PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019
Sarah McBride / Bloomberg :
Neuralink receives approval from Canada to launch clinical trials of its brain implants and plans to run its first non-US trial with Toronto Western Hospital
Sarah McBride / Bloomberg :
Colorado-based Enveda, which uses AI to find drug candidates, raised $130M, after raising $55M in June, and launches a clinical trial for an oral eczema drug
Sarah McBride / Bloomberg :
A profile of Neuralink's top neurosurgeon Matthew MacDougall, who has worked there for seven years and is an even-keeled, affable counterbalance to Elon Musk
Sarah McBride / Bloomberg : X: @mcbridesg X: Sarah G McBride / @mcbridesg : If the idea of @elonmusk putting chips in your skull is too much, try @neuralink neurosurgeon Matthew MacDougall. He perfor...
PitchBook: US startups raised $56B in Q2 2024, up 57% YoY and the highest three-month haul in two years; AI startups raised $27.1B, nearly half of the total
here's where investors are piling in Krystal Hu / Reuters : AI deals lift US venture capital funding to highest level in two years, data shows Dean Takahashi / VentureBeat : First look at Q2 2024 vent...
Cyberhaven, which uses AI to help companies predict employee behavior and avoid insider threats, raised $88M led by Adams Street Partners at a $488M valuation
Sarah McBride / Bloomberg :
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out
but there was a workaround Andy Edser / PC Gamer : ‘A number of threads retracted from the brain’ of Neuralink's first implant patient, but they say they're still 'beating my friends in games that as ...
Karius, which uses AI to help analyze blood tests in 400 hospitals, raised $100M led by Khosla, after raising $165M in early 2020 led by Vision Fund II
Sarah McBride / Bloomberg :
Elon Musk switches the location of Neuralink's incorporation from Delaware to Nevada, after a Delaware judge struck down Musk's $55B Tesla pay package last week
Sarah McBride / Bloomberg :
PitchBook: global AI startup funding rose 27% YoY to $17.9B in Q3, one of the lone bright spots as overall startup funding dropped 31% YoY to $73B
Sarah McBride / Bloomberg :