Cradle, which uses AI to help design proteins and says its SaaS model has proven popular, raised a $73M Series B led by IVP, after a $24M Series A in 2023 (Devin Coldewey/TechCrunch)

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Devin Coldewey / TechCrunch:
Cradle, which uses AI to help design proteins and says its SaaS model has proven popular, raised a $73M Series B led by IVP, after a $24M Series A in 2023  —  Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment.

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