Swiss startup Atlas Bio secures $12.5M to tackle drug development’s 70% failure rate and move beyond animal testing

Swiss tech-bio firm Atlas Bio today launched from stealth with a $10 million Seed round led by Creandum, alongside a previously unannounced pre-Seed round led by First Momentum Ventures and LEA Partne…

UK government launches AI Biosecurity Lab to tackle emerging biological threats

As part of the UK’s National AI Biosecurity Initiative, the government is establishing the AI Biosecurity Lab (AIBL). The AI Biosecurity Lab will be the world’s first dedicated AI biosecurity organis…

OpenAI acquires startup Orchestra Bio⁠ to beef up its biotech business

OpenAI says it’s adding Orchestra’s team and technology to work on Rosalind, its AI model for life sciences research, and to its related Rosalind Workbench tool, a harness that aims to help researchers plan experiments and analyze results.

Berlin’s Apheris and Ginkgo bring pharma giants together to train AI on 10,000 antibodies

Ginkgo Datapoints and Berlin-based Apheris today announced that the Antibody Developability Consortium has kicked off with its founding members. The Consortium is a new industry collaboration designed…

Milan-based biotech Aptadir Therapeutics raises $45M seed round

AMilan-based biotech company developing novel treatments for difficult to treat genetic conditions has raised a $45m seed round, it said today.Theseed round investment in Aptadir Therapeutics is one o…

Hoxton Ventures backs human hair toothpaste pioneer in $4M round

HoxtonVentures is backing a UK startup which hopes to commercialise a protein sourcedfrom human hair or sheep’s wool into a toothpaste to protect against toothdecay. TheLondon-based early-stage VC, wh…

PANDA Therapeutics secures €160K to advance multi-target Alzheimer’s therapy

Biotech startup PANDA Therapeutics has obtained €160,000 (CHF 150,000) from Venture Kick to advance a new treatment for Alzheimer’s disease toward clinical development. By targeting multiple harmful p…

The Enhanced Games — tech’s steroid extravaganza — didn’t pay off, as company posts $60 million loss

An effort to transform the world of sports through steroid use doesn’t exactly seem to be bearing financial fruit.

EcoNomad raises £400K to bring waste-to-energy tech to small livestock farms

UK‑based startup EcoNomad Solutions has received £230,000 in funding from the British Design Fund (BDF) to help small livestock farms cut methane emissions, reduce rising energy and fertiliser costs, …

Efferon is ‘selling time’ in the race to treat sepsis

Every minute one person in Europe dies from sepsis or septic shock. Sepsis arises when the body’s response to an infection injures its own tissues and organs. It may lead to shock, multi-organ failure…