Every Enveda story collected by The AI Daily, 2 so far, newest first, refreshed hourly.
Top 10 US funding rounds: cybersecurity and AI leadThis week's largest US funding rounds were led by cybersecurity firms Island and Cyera, each raising $400M. Foundational AI company Snorkel AI raised $350M Series E at a $3.2B valuation, while AI drug discovery firm Enveda raised $311M Series E.
Enveda raises $311M Series E at $2B valuationAI biotech startup Enveda has raised a $311 million Series E led by Catalio Capital Management, valuing the company at $2 billion, doubling its valuation from a year ago. The company uses AI to discover drugs from nature and is currently testing drugs in patients for severe skin conditions and weight loss maintenance after stopping GLP-1s.
The A.I. Daily