🔥 Hot Takes Tuesday for 2024-11-26
I highlight two exciting funding rounds for Cradle and Halcyon, plus a thought-provoking Bluesky thread.
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Two hot takes on the two stories caught my eye on Tuesday from companies both started in the ancient times of 2021.
🧬 + 🤖 Seeing a company like Cradle take $73M Series B is amazing and the funding may assist the creation of an open-source Next-Generation Sequencing (NGS) dataset for antibody binders.
Techmeme: Cradle, which uses AI to help design proteins and says its SaaS model is popular, raised a $73M Series B led by IVP, after a $24M Series A in November 2023 (Devin Coldewey/TechCrunch)
By Devin Coldewey / TechCrunch. View the full context on Techmeme.
🦄 + 🤖 Unicorns are born of funding and the… Halcyon days 🤓of applying Capsule Networks (CNNs) via CapNet to Tactics, Techniques, and Procedures (TTPs) has led to a $100M Series C.