Sunday, December 22

Tag: WSJ-PRO-VC

Startups Are Using AI to Predict Responses to Cancer Drugs
28Dec By adminNo Comments
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Startups Are Using AI to Predict Responses to Cancer Drugs

Dec. 28, 2023 12:01 pm ET|WSJ ProBiomedical startups are using artificial intelligence to predict the response patients will have to cancer treatments, aiming to increase the success of drugs in clinical trials and tailor therapies to individuals.As data accumulate from clinical trials and fields such as gene and protein research, AI is helping scientists sift through large volumes of information to uncover signatures that correlate with response—or resistance—to treatment. Startups are using it to predict which drugs are likely to work in clinical studies and create tests to help doctors choose treatments.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Extension Rounds Push Venture Capitalists to Collaborate
12Dec By adminNo Comments
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Extension Rounds Push Venture Capitalists to Collaborate

Dec. 12, 2023 6:00 am ET|WSJ ProVenture capitalists are leaning on relationships with their peers to pull off extension rounds—financing that can help safeguard a startup’s valuation during down markets.These deals often happen without standard fundraising pitches, meaning venture investors need to hash out terms among themselves. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Pro Take: Venture Investors Move the Goal Posts for Seed-Stage Companies
4Dec By adminNo Comments
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Pro Take: Venture Investors Move the Goal Posts for Seed-Stage Companies

Dec. 4, 2023 6:00 am ET|WSJ ProVenture capitalists focused on backing companies at the seed stage—the earliest chapter of startup investing—broadly say they have become pickier about which startups they are willing to back, yet another sign of how the venture industry’s slowdown is affecting companies previously insulated from the choppy environment. Nascent startups must clear a higher bar for metrics like annual recurring revenue and customer acquisition to attract investors, who also say they are reviewing more deals before committing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Startup Ajax Health Extends Medtech Innovation Model to Hologic
30Nov By adminNo Comments
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Startup Ajax Health Extends Medtech Innovation Model to Hologic

Nov. 30, 2023 6:01 am ET|WSJ ProStartup Ajax Health’s model for spurring corporate innovation is gaining traction with investors and large medical-technology companies.Menlo Park, Calif.-based Ajax creates turnkey innovation platforms for commercial-stage medtech players, and it has teamed with investment firm KKR and medtech company Hologic to launch Maverix Medical, a startup formed to advance diagnostics and medical devices to treat lung cancer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Pritzker Family Launches $190 Million Venture Fund to Back Startups
22Nov By adminNo Comments
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Pritzker Family Launches $190 Million Venture Fund to Back Startups

Nov. 22, 2023 6:00 am ET|WSJ ProThe Pritzker Organization, the family office for Thomas Pritzker who is the executive chairman of Hyatt Hotels, has started a venture division to invest in early-stage companies with a $190 million fund.The venture arm, called 53 Stations, will target startups that could have strategic significance to more mature companies that TPO has majority control of, said Kevin King, a founder and managing partner of the new venture wing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Exclusive venture capital news and commentary.Stay on top of deals, funds, people and the broader influences on the market.
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Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.
7Nov By adminNo Comments
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Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.

Nov. 7, 2023 6:00 am ET|WSJ ProIn 2021, at the height of the investor frenzy for crypto startups, entrepreneur Chris Horne raised $2 million in seed funding for Filta, a marketplace on which customers could buy and sell custom nonfungible token face filters that could digitally augment their face, say, by adding cat whiskers or a block head. But by the time the company launched in late summer of 2022, enthusiasm for crypto had waned and Filta was faltering. So Horne pivoted to the new hottest sector: artificial intelligence. He ditched the NFT idea, and this year relaunched Filta as a generative AI-powered digital pet, one that talks and can offer its owner emotional support. The technology behind his new company is OpenAI’s large language model, ChatGPT. And Horne is running his new Filt...
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Springcoast Gathers More Than $500 Million So Far for Small Technology Deals
18Oct By adminNo Comments
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Springcoast Gathers More Than $500 Million So Far for Small Technology Deals

Oct. 18, 2023 2:28 pm ET|WSJ ProTechnology-focused Springcoast Capital Partners has amassed more than $500 million so far for its debut commingled fund and a related investment vehicle, according to people familiar with the offering.The New York firm had initially sought to raise $300 million to $500 million for its first commingled fund, WSJ Pro Private Equity previously reported. A regulatory filing for Springcoast Partners I LP from late September shows a $350 million offering amount for the fund. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad trends in dealmaking, investing and regulation.
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