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Portfolio News
Bill Ackman invests in AI transitional care co Dimer Health
The company, which is building a new clinical infrastructure designed to close one of healthcare’s most costly and overlooked gaps, the 30 days following hospital discharge, has raised $20 million to date.
Security Startup Torq Raises Cash at $1.2 Billion Valuation
The company builds an AI-native autonomous security operations platform that uses AI agents to automate repetitive and high-volume security tasks such as alert triage, allowing human analysts to focus on complex and high-risk threats. The funding highlights continued strong investor appetite for AI-driven cybersecurity solutions as enterprises struggle with growing attack surfaces and talent shortages in security operations.
Somite AI Raises $47M Series A To Reinvent Cell Replacement Therapy
Startup Somite AI announced today that it has raised over $47 million in a Series A funding round, bringing its total funding to about $60 million. The round was led by Khosla Ventures, with participation from SciFi VC, the Chan Zuckerberg Initiative, Fusion Fund, Ajinomoto Group Ventures, Pitango HealthTech, TechAviv, Harpoon Ventures, and prominent angel investors such as Fidji Simo, the new CEO of Applications at OpenAI.
Flytrex Achieves 100,000 Drone Deliveries, Pioneering Airborne Food Service In The US
Flytrex completes milestone deliveries, leveraging high-speed drones for rapid on-demand service in food delivery business.
This Startup Wants To Be OpenAI Of Stem Cell Therapy, Targets $250B Market
Five scientists walked into a lab late last year and decided to establish a startup combining their wide-ranging expertise, practical experience and breakthrough innovations. The goal of their startup, Somite.ai, is to improve the lives of millions of people by leveraging AI to produce human tissue for cell therapies. The market for the therapies for the diseases they aim to address is estimated at $250 billion.