💸 Lila Sciences Secures $200M to Build Superintelligence in Science
FemWealth Issue #201
Hi FemWealth Friends,
In the Spotlight 💸
Co-founded by Molly Gibson, Ph.D., Lila Sciences is the world’s first scientific superintelligence platform and autonomous lab for life, chemical and materials science.
“AI has already transformed our ability to uncover new insights from existing data. We believe the next frontier in scientific discovery will come from enabling AI to design and run experiments at unprecedented scale. This requires software and hardware innovation in the lab such that, with each iteration of the scientific method, AI systems can orchestrate thousands of experiments simultaneously, systematically building our understanding and accelerating scientific progress. This approach has the potential to advance research across many scientific domains, from healthcare and drug development to agriculture and sustainable resources, and to create resiliency in our domestic R&D efforts.” - Molly Gibson, Ph.D., Co-Founder and President, Future Science at Lila Sciences and Origination Partner, Flagship Pioneering
The Cambridge, Massachusetts-based company secured $200 million in Seed funding led by Flagship Pioneering. Additional investors include General Catalyst, March Capital, ARK Venture Fund, Altitude Life Science Ventures, Blue Horizon Advisors, the State of Michigan Retirement System, Modi Ventures, and a subsidiary of the Abu Dhabi Investment Authority.
Read: Flagship Pioneering Unveils Lila Sciences to Build Superintelligence in Science
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Italian legaltech Lexroom.ai secures €2M Seed funding - Co-founded by Martina Domenicali, Lexroom.ai is an AI-driven legal research platform that enables users to ask legal questions in natural language and receive swift, accurate answers. The Milan, Italy-based startup raised €2 million in Seed funding led by Entourage, with support from Verve Ventures, Vento Ventures, Banyan Ventures, X-Equity and Joe Zadeh, former VP of Product and Head of Experiences at Airbnb.
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Cano-ela Raises €1.6M to Extract Innovative Plant-Based Ingredients From Oilseeds - Co-founded and led by Juliana Romero Guzmán, Ph.D, Cano-ela is developing seed-based ingredients. The Ede, Netherlands-based company closed €1.6 million from OostNL, Value Factory Ventures, and Ecoseed.
Arva Health Secures $1M Pre-Seed to Build Network of Modern Fertility Clinics in India - Co-founded by Dipalie Bajaj and Nidhi Panchmal, Arva Health aims to address the fragmented, expensive, and stigmatized nature of fertility care in India. The Bengaluru, India-based startup raised $1 million in a Pre-Seed funding round led All In Capital, with participation from iSeed, Bharath Founders Fund, and Galaxy.
Kerry Washington invests in wedding marketplace Cheersy - Founded by Amy Shack Egan, Cheersy helps couples find day-of-service wedding coordinators. The US startup closed a $550,000 Pre-Seed round from actress Kerry Washington, Elizabeth Cutler, co-founder of Soul Cycle, and Jennifer Gilbert, founder of Save the Date.
VC: Vento rolls out new €75M fund for Italian founders, no matter where they live = Led by Diyala D’Aveni, Vento, a Turin, Italy-based venture capital firm, raised €75 million ($81.5 million) for its second fund focused on startups with Italian founders globally.
Filing: Seattle VC firm Graham & Walker raising a new fund - Founded and led by Leslie Feinzaig, Graham & Walker, a Seattle-based early-stage VC firm is raising $15 million for its second fund, per an SEC filing.
Women’s sports firm Monarch Collective ups fund size to $250 million - Co-founded and led by Kara Nortman, Monarch Collective, an investment firm focused on women’s sports, increased the size of its investment fund from $150 million to $250 million.
Judith Dada, previously a GP at La Famiglia VC, joined Visionaries Club, a Berlin-based venture capital fund, as a general partner.
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Until next Sunday,
Anamaria
Founder & Writer of FemWealth