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Wellfunded

Biotech

Juno Bio Raises $3.8M, Opens Oakland Sequencing Lab

Jul 16, 2026

Juno Bio Raises $3.8M, Opens Oakland Sequencing Lab

Juno Bio has secured $3.8 million in funding and opened its first dedicated sequencing lab in Oakland, California, advancing clinically actionable vaginal microbiome testing. With over 20,000 tests sold and one of the largest vaginal microbiome data repositories in existence, the UK-founded startup is scaling a platform that aims to fix a diagnostic system where 67.5% of patients were previously misdiagnosed.

Women's Health

Biotech

Startups

The Billion-Dollar Seed Round Is the Exception

Jul 16, 2026

The Billion-Dollar Seed Round Is the Exception

Headlines about billion-dollar AI seed rounds are reshaping how founders and investors think about early-stage capital. But data from Bison Ventures tells a more sobering story: mega first rounds have a poor track record of delivering venture-scale returns, and the real AI winners started small.

Venture Capital

AI

Startups

OpenAI's Miles Wang Raising $2B for AI Drug Discovery

Jul 15, 2026

OpenAI's Miles Wang Raising $2B for AI Drug Discovery

Miles Wang, a researcher at OpenAI, is in early talks to spin out a new AI-powered drug discovery startup at a reported $2 billion valuation. The discussions signal continued investor appetite for applying frontier AI to life sciences. If closed, the deal would be one of the largest seed-stage bets in the biotech-AI crossover space.

AI

Biotech

Startups

Reed Jobs's Biotech Startup Is Moving Fast

Jul 12, 2026

Reed Jobs's Biotech Startup Is Moving Fast

Three years after launching Yosemite, Reed Jobs is all-in on biotech and AI. His firm has grown to 17 people, patent cliffs are opening new drug opportunities, and AI has become central to how Yosemite operates.

AI

biotech

drug discovery

Anthropic Launches Claude Science, Plans Own Drugs

Jul 3, 2026

Anthropic Launches Claude Science, Plans Own Drugs

Anthropic unveiled Claude Science, an AI workbench designed to unify fragmented scientific tools and datasets for researchers. But the company didn't stop there — it also announced plans to develop its own pharmaceutical drugs using AI.

Anthropic

Claude

AI for Science

The 10 Biggest US Startup Funding Rounds This Week

Jul 2, 2026

The 10 Biggest US Startup Funding Rounds This Week

U.S. startups closed a wave of major funding rounds during a shortened holiday week, led by a $1.75B strategic investment in energy infrastructure firm Joulent. AI infrastructure, compliance tech, and biotech also featured prominently across the top 10 deals.

Funding Rounds

AI

Energy