Foresite Capital raises $900M sixth fund for investing in healthcare and life sciences companies

Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its belt, the 13-year-old multi-stage healthcare and life sciences firm took two years to raise its sixth fund. “Almost all of […]

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Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and 58 FDA-approved drugs under its belt, the 13-year-old multi-stage healthcare and life sciences firm took two years to raise its sixth fund. “Almost all of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Bonus: An extra week to apply to Startup Battlefield 200

A big shoutout to the early-stage founders who missed the application window for the Startup Battlefield 200 (SB 200) at TechCrunch Disrupt. We have exciting news just for you! You procrastinators can thank your lucky stars — we’re giving you (a little) more time to get your application together. Pro tip: Applying to and participating […]

© 2024 TechCrunch. All rights reserved. For personal use only.

A big shoutout to the early-stage founders who missed the application window for the Startup Battlefield 200 (SB 200) at TechCrunch Disrupt. We have exciting news just for you! You procrastinators can thank your lucky stars — we’re giving you (a little) more time to get your application together. Pro tip: Applying to and participating
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

YC grad, RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions

RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.

© 2024 TechCrunch. All rights reserved. For personal use only.

RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Restate raises $7M for its lightweight workflows-as-code platform

When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company […]

© 2024 TechCrunch. All rights reserved. For personal use only.

When one of the co-creators of the popular open-source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of the open source project back in 2010 and then later became the CTO of Data Artisans, which aimed to monetize Flink. Alibaba then acquired the company
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Robotic systems are already being deployed in various settings worldwide, assisting humans with a highly diverse range of tasks. One sector in which robots could prove particularly advantageous is agriculture, where they could complete demanding manual tasks faster and more efficiently.Robotic systems are already being deployed in various settings worldwide, assisting humans with a highly diverse range of tasks. One sector in which robots could prove particularly advantageous is agriculture, where they could complete demanding manual tasks faster and more efficiently.[#item_full_content]

Civic Renewables is rolling up residential solar installers to improve quality and grow the market

With most residential solar panels installed by smaller companies, customer experience can be a mixed bag. To try to address the quality and consistency problem, Civic Renewables is buying small installers.

© 2024 TechCrunch. All rights reserved. For personal use only.

With most residential solar panels installed by smaller companies, customer experience can be a mixed bag. To try to address the quality and consistency problem, Civic Renewables is buying small installers.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund

Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and former research VP at Peter Thiel’s Clarium Capital) and John Fogelsong (the son of IVP co-founder Norm Fogelsong) didn’t need to cultivate a family-like relationship before […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and former research VP at Peter Thiel’s Clarium Capital) and John Fogelsong (the son of IVP co-founder Norm Fogelsong) didn’t need to cultivate a family-like relationship before
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on […]

© 2024 TechCrunch. All rights reserved. For personal use only.

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems the space is already consolidating. Two of the country’s prominent fabless AI chip startups, Rebellions and Sapeon, have agreed to merge, the companies said on
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Away from the Microsoft and Googles of the world, a century-old industry—oil and gas—is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.Away from the Microsoft and Googles of the world, a century-old industry—oil and gas—is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.Machine learning & AI[#item_full_content]

Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills.Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills.Business[#item_full_content]

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