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What It Takes To Build A $4.8 Billion Biotech Company | Forbes
For the launch of this year’s Next Billion Dollar Startup list, we wanted to go back to the companies that successfully climbed to the ranks of unicorn and ask their leaders: what have you learned.
Jason Kelly is CEO and cofounder of Ginkgo Bioworks, a biotech company and 2019 member of the Next Billion Dollar Startup list. Kelly spoke about the unique challenges raising capital in an environment that’s not used to dealing with technical risk. He also spoke about the missteps young entrepreneurs take when approaching venture capital funding.
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Stay Connected
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published: 12 Jun 2020
-
Jared Friedman - Advice for Hard-tech and Biotech Founders
YC Partner Jared Friedman covers hard-tech companies and why founders should consider starting one. He also covers a couple of the most common problems hard-tech companies face and how to solve them, with examples from seven YC companies.
You can find the lecture slides and transcript here: https://www.startupschool.org/videos/78
Find more Startup School and YC content at https://www.startupschool.org/library.
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Introduction
00:36 - Outline
00:56 - What is a Hard Tech Company?
01:35 - Market vs Technical risk
02:06 - Why start a hard-tech company?
02:42 - Story about Boom
05:38 - Hard-tech and Biotech - Big part of YC
06:04 - Startup School
06:20 - How much of YC's advice applies to hard-tech founders?
07:05 - Two biggest proble...
published: 20 Sep 2019
-
How To Start a Biotech Company As A 22 year Old?
Biotech Company Starter Kit - Exclusive ebook For Budding Researchers & Entrepreneurs - How to Start Your Own Biotech Company in India - https://stores.biotecnika.org/products/biotech-company-starter-kit-exclusive-ebook-for-budding-researchers-entrepreneurs?
Starting a biotech company is no small feat, but with the right combination of passion, skills, and strategy, it can be a highly rewarding journey. In this video, we'll be focusing specifically on the unique challenges and opportunities faced by 22-year-olds looking to launch their own biotech venture. We'll be sharing practical advice, real-world examples, and insider tips to help you get started on your entrepreneurial journey. So, if you're a young biotech enthusiast with a big dream, this video is for you.
Follow us on Telegram -...
published: 02 Feb 2023
-
Top 10 Most Innovative Biotech Startups in India
At the moment, India’s biotechnology industry makes up just 3% of the world’s biotechnology market but this number is expected to go up to 19% by 2025. Let’s take a look at India’s top 10 innovative biotechnology startups that are making India and the world a healthier place.
00:00 Introduction
01:20 #10 Xcode Life Sciences
02:05 #9 MapMyGenome
02:45 #8 Oncostem Diagnostics
03:37 #7 Sea6 Energy
04:41 #6 Pandorum Technologies
05:32 #5 Bugworks Research
06:32 #4 Zumutor Biologics
07:17 #3 Vyome Therapeutics
08:08 #2 Farcast Biosciences
09:11 #1 MedGenome
#10 Xcode Life Sciences: Founded by Saleem Mohammed, Dr Abdur Rub and Naru Narayanan in 2010, XCode Life Sciences focuses on preventive healthcare by enabling individuals to understand their genetic makeup and helping them to improve their...
published: 24 Nov 2020
-
How to start a biotech startup: 5 young VC-backed founders share their stories
Learn how five first-time biotech founders started their companies and raised venture capital from top-tier VCs. The panel includes:
Ashley Zehnder, co-founder and CEO, Fauna Bio
Leah Sibener, co-founder, 3T Biosciences
Liz Shepherd, co-founder, Novome Biotech
Maria Soloveychik, co-founder and CEO, SyntheX
Sam Kintz, co-founder and CEO, EnLiven Therapeutics
Moderated by Barbara Alcaraz Silva, Silicon Valley Bank
TOPICS COVERED:
00:50 -- Introductions
12:33 -- Transitioning from academia or a big company to founding a startup
22:50 -- How did you decide on your business model?
27:36 -- How did you find your cofounders and initial hires?
38:09 -- Why start a company instead of work at a big company, be an investor, consultant, etc.
44:26 -- How did you raise money?
54:07 -- What is next f...
published: 11 Feb 2020
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What Are the Best Funding Strategies for Biotech Startups?
Subscribe now for the coolest biotech interviews! https://www.youtube.com/channel/UCLOWmW12tA2dYsPLgdQvtqg?view_as=subscribe
Description: For our Amsterdam edition of Refresh, which was co-hosted at BIO-Europe Spring, Philip Hemme chatted to Martin Muenchbach, Partner at BB Biotech Ventures, on funding strategies for biotech startups.
About Labiotech.eu:
Labiotech.eu is the leading digital media covering the European Biotech industry. Over 100,000 monthly visitors use it to keep an eye on the business and innovations in biotechnology. Hope you'll enjoy reading our stories!
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Twitter: https://twitter.com/Labiotech_eu
Linkedin: https://www.linkedin.com/company/labiotech-eu/
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published: 29 Mar 2018
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Biotech Startup Cradle Expands Use of AI
European biotech startup Cradle is on the path to expanding its use of generative AI in the name of science with a $24 million Series A funding led by Index Ventures, taking the total raised to $33 million. Cradle CEO Stef van Grieken joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology."
--------
Like this video? Subscribe to Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Connect with us on...
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www....
published: 28 Nov 2023
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Coming up with ideas for biotech startups
This video describes some frameworks you can use to generate biotech startup ideas, as well as some ways to evaluate which of those ideas are most promising.
Articles / papers mentioned in the video:
Michael Gladstone, "Re-Balancing Immunity via Regulatory T Cell Potentiation: Introducing Delinia": https://lifescivc.com/2016/09/re-balancing-immunity-via-regulatory-t-cell-potentiation-introducing-delinia/
Michael Gilman, "The awesome power of risk": https://lifescivc.com/2014/03/the-awesome-power-of-risk/
Michael Gilman, "Risk: A User’s Guide For Drug Developers": https://lifescivc.com/2014/05/risk-a-users-guide-for-drug-developers/
Steven Paul et al, "How to improve R&D productivity: the pharmaceutical industry's grand challenge": https://www.nature.com/articles/nrd3078
published: 01 Apr 2020
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Agri-Food - Finale Pitch Night (Sectors 2024) - Mar 14, 2024
0:00:00 - Intro
0:16:56 - Maia Farms
0:27:27 - Rayhawk Technologies
0:38:37 - BetterCart Analytics
0:52:52 - AgGene
0:59:28 - Geco Engineering
1:10:15 - Panel Discussion
1:44:12 - Investment Announcements
published: 15 Mar 2024
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A Conversation with Elizabeth Iorns - Advice for Biotech Founders
YC Partner Adora Cheung talks to Science Exchange Co-Founder and CEO Elizabeth Iorns about her experience as a biotech startup founder.
Learn more at https://www.startupschool.org/
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00:00 Introduction
00:01:50 Shift from academic to startup route. Where did the idea come from?
00:03:47 How Science Exchange helps organize the very fragmented market for research?
00:05:54 Was it difficult to make the switch and not work on the one thing that you focused on during research?
00:07:56 Advice for people who want start a startup from a research at University? Sometimes it’s a huge obstacle from universities. How can they navigate?
00:09:08 Do you think there is a overall trend in people moving from academics into startups?
00:11:46 How did y...
published: 03 Oct 2018
2:55
What It Takes To Build A $4.8 Billion Biotech Company | Forbes
For the launch of this year’s Next Billion Dollar Startup list, we wanted to go back to the companies that successfully climbed to the ranks of unicorn and ask ...
For the launch of this year’s Next Billion Dollar Startup list, we wanted to go back to the companies that successfully climbed to the ranks of unicorn and ask their leaders: what have you learned.
Jason Kelly is CEO and cofounder of Ginkgo Bioworks, a biotech company and 2019 member of the Next Billion Dollar Startup list. Kelly spoke about the unique challenges raising capital in an environment that’s not used to dealing with technical risk. He also spoke about the missteps young entrepreneurs take when approaching venture capital funding.
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
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Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
https://wn.com/What_It_Takes_To_Build_A_4.8_Billion_Biotech_Company_|_Forbes
For the launch of this year’s Next Billion Dollar Startup list, we wanted to go back to the companies that successfully climbed to the ranks of unicorn and ask their leaders: what have you learned.
Jason Kelly is CEO and cofounder of Ginkgo Bioworks, a biotech company and 2019 member of the Next Billion Dollar Startup list. Kelly spoke about the unique challenges raising capital in an environment that’s not used to dealing with technical risk. He also spoke about the missteps young entrepreneurs take when approaching venture capital funding.
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
- published: 12 Jun 2020
- views: 53180
24:33
Jared Friedman - Advice for Hard-tech and Biotech Founders
YC Partner Jared Friedman covers hard-tech companies and why founders should consider starting one. He also covers a couple of the most common problems hard-tec...
YC Partner Jared Friedman covers hard-tech companies and why founders should consider starting one. He also covers a couple of the most common problems hard-tech companies face and how to solve them, with examples from seven YC companies.
You can find the lecture slides and transcript here: https://www.startupschool.org/videos/78
Find more Startup School and YC content at https://www.startupschool.org/library.
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Introduction
00:36 - Outline
00:56 - What is a Hard Tech Company?
01:35 - Market vs Technical risk
02:06 - Why start a hard-tech company?
02:42 - Story about Boom
05:38 - Hard-tech and Biotech - Big part of YC
06:04 - Startup School
06:20 - How much of YC's advice applies to hard-tech founders?
07:05 - Two biggest problems specific to hard-tech
07:14 - Heavy MVP
07:58 - Boom - Do things that don't cost money
08:46 - Solute
08:47 - Solugen - Start small
09:35 - AirX - Launch a simplified version
10:22 - Notable Labs - Bootstrap with a service
10:45 - Astranis - Start with a proof of concept
11:33 - Ginkgo Bioworks - Sell it before you make it
12:24 - How do you prove people will want your product if it is not built yet?
12:49 - Pre Sales
13:27 - Letter of Intent (LOI)
14:20 - Advice about LOIs
14:43 - Fundraising for Hard-tech and Biotech companies
15:38 - A better fundraising plan
17:26 - Q&A
17:40 - AI companies
19:36 - Hard to get LOIs
20:53 - How do you prove that your idea is going to work?
22:15 - Sales
23:24 - Find founder and early employees for Hard-tech companies
https://wn.com/Jared_Friedman_Advice_For_Hard_Tech_And_Biotech_Founders
YC Partner Jared Friedman covers hard-tech companies and why founders should consider starting one. He also covers a couple of the most common problems hard-tech companies face and how to solve them, with examples from seven YC companies.
You can find the lecture slides and transcript here: https://www.startupschool.org/videos/78
Find more Startup School and YC content at https://www.startupschool.org/library.
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00 - Introduction
00:36 - Outline
00:56 - What is a Hard Tech Company?
01:35 - Market vs Technical risk
02:06 - Why start a hard-tech company?
02:42 - Story about Boom
05:38 - Hard-tech and Biotech - Big part of YC
06:04 - Startup School
06:20 - How much of YC's advice applies to hard-tech founders?
07:05 - Two biggest problems specific to hard-tech
07:14 - Heavy MVP
07:58 - Boom - Do things that don't cost money
08:46 - Solute
08:47 - Solugen - Start small
09:35 - AirX - Launch a simplified version
10:22 - Notable Labs - Bootstrap with a service
10:45 - Astranis - Start with a proof of concept
11:33 - Ginkgo Bioworks - Sell it before you make it
12:24 - How do you prove people will want your product if it is not built yet?
12:49 - Pre Sales
13:27 - Letter of Intent (LOI)
14:20 - Advice about LOIs
14:43 - Fundraising for Hard-tech and Biotech companies
15:38 - A better fundraising plan
17:26 - Q&A
17:40 - AI companies
19:36 - Hard to get LOIs
20:53 - How do you prove that your idea is going to work?
22:15 - Sales
23:24 - Find founder and early employees for Hard-tech companies
- published: 20 Sep 2019
- views: 63608
15:30
How To Start a Biotech Company As A 22 year Old?
Biotech Company Starter Kit - Exclusive ebook For Budding Researchers & Entrepreneurs - How to Start Your Own Biotech Company in India - https://stores.biotecni...
Biotech Company Starter Kit - Exclusive ebook For Budding Researchers & Entrepreneurs - How to Start Your Own Biotech Company in India - https://stores.biotecnika.org/products/biotech-company-starter-kit-exclusive-ebook-for-budding-researchers-entrepreneurs?
Starting a biotech company is no small feat, but with the right combination of passion, skills, and strategy, it can be a highly rewarding journey. In this video, we'll be focusing specifically on the unique challenges and opportunities faced by 22-year-olds looking to launch their own biotech venture. We'll be sharing practical advice, real-world examples, and insider tips to help you get started on your entrepreneurial journey. So, if you're a young biotech enthusiast with a big dream, this video is for you.
Follow us on Telegram - https://t.me/biotecnika
Download Biotecnika APP - https://btnk.org/app
Subscribe to Our Youtube Channel- https://www.youtube.com/channel/UCKFkTEYYlQa0Xm9mwPSegyA
Follow Biotecnika Official Channel on Instagram - https://www.instagram.com/biotecnika_official/
#biotechstartup #biotechcompany
https://wn.com/How_To_Start_A_Biotech_Company_As_A_22_Year_Old
Biotech Company Starter Kit - Exclusive ebook For Budding Researchers & Entrepreneurs - How to Start Your Own Biotech Company in India - https://stores.biotecnika.org/products/biotech-company-starter-kit-exclusive-ebook-for-budding-researchers-entrepreneurs?
Starting a biotech company is no small feat, but with the right combination of passion, skills, and strategy, it can be a highly rewarding journey. In this video, we'll be focusing specifically on the unique challenges and opportunities faced by 22-year-olds looking to launch their own biotech venture. We'll be sharing practical advice, real-world examples, and insider tips to help you get started on your entrepreneurial journey. So, if you're a young biotech enthusiast with a big dream, this video is for you.
Follow us on Telegram - https://t.me/biotecnika
Download Biotecnika APP - https://btnk.org/app
Subscribe to Our Youtube Channel- https://www.youtube.com/channel/UCKFkTEYYlQa0Xm9mwPSegyA
Follow Biotecnika Official Channel on Instagram - https://www.instagram.com/biotecnika_official/
#biotechstartup #biotechcompany
- published: 02 Feb 2023
- views: 12997
11:21
Top 10 Most Innovative Biotech Startups in India
At the moment, India’s biotechnology industry makes up just 3% of the world’s biotechnology market but this number is expected to go up to 19% by 2025. Let’s ta...
At the moment, India’s biotechnology industry makes up just 3% of the world’s biotechnology market but this number is expected to go up to 19% by 2025. Let’s take a look at India’s top 10 innovative biotechnology startups that are making India and the world a healthier place.
00:00 Introduction
01:20 #10 Xcode Life Sciences
02:05 #9 MapMyGenome
02:45 #8 Oncostem Diagnostics
03:37 #7 Sea6 Energy
04:41 #6 Pandorum Technologies
05:32 #5 Bugworks Research
06:32 #4 Zumutor Biologics
07:17 #3 Vyome Therapeutics
08:08 #2 Farcast Biosciences
09:11 #1 MedGenome
#10 Xcode Life Sciences: Founded by Saleem Mohammed, Dr Abdur Rub and Naru Narayanan in 2010, XCode Life Sciences focuses on preventive healthcare by enabling individuals to understand their genetic makeup and helping them to improve their lives by creating personalized health, nutrition and fitness plan based on their genetic markers and disease risks.
#9 MapMyGenome: Founded by Anu Acharya in 2013, MapMyGenome is a personal genomics startup that offers a Genomepatri Immunity report which helps you understand your genetic make-up while offering insights about your risk towards certain immune system diseases as well as lifestyle diseases.
#8 Oncostem Diagnostics: Founded by Manjiri Bakre in 2011, Oncostem Diagnostics is a cancer treatment startup that offers innovative prognostic and preventive solutions. Its flagship product CanAssist Breast is a prognostic test for early-stage breast cancer patients. To date, Oncostem Diagnostics has raised $7 million (Rs 51.5 crore) from Sequoia Capital and Artiman Ventures.
#7 Sea6 Energy: The company was founded by four IIT Madras students Sailaja Nori, Nelson Vadasseri, Sayash Kumar, Sowmya Balendiran and their professor Shrikumar Suryanarayan in 2010. Sea6 Energy calls itself an ocean operating system and that’s because it has managed to harness the seaweed grown in oceans in a sustainable way to create a range of bioproducts that can boost agriculture, enhance animal and plant immunity and provide an alternative source of energy. It has raised $8.9 million (Rs 65.5 crore) from investors like Tata Capital and Biocon’s founder and CEO Kiran Mazumdar Shaw.
#6 Pandorum Technologies: Founded by Arun Chandru and Dr. Tuhin Bhowmick in 2011, Pandorum Technologies is a biotech company that focuses on tissue engineering and regenerative medicine. Back in 2015, it made the headlines when it became the first Indian company to design and 3D print human liver tissue for medical research. Till date, the startup has raised $9.2 million (Rs 67.75 crore) from investors like 500 Startups, 021 Capital, Indian Angel Network and Binny Bansal.
#5 Bugworks Research: Founded by Anand Anandkumar in 2014, Bugworks Research is a drug discovery startup that is designing antibiotics that can fight the superbugs which are immune to our traditional drugs. To date, this biopharma startup has raised $16.5 million (Rs 121.5 crore) from University of Tokyo Edge Capital, CARB-X, 3one4 Capital and Global Brain Corporation, and Aquipharma Holdings.
#4 Zumutor Biologics: Founded by Kavitha Iyer Rodrigues in 2013, Zumutor Biologics is one of the leading immune-oncology startups that help in treating cancer by targeting the body’s immune system. To date, Zumutor Biologics has raised $41.6 million (Rs 306.4 crore) from Accel, Aarin Capital, Chiratae Ventures, and Bharat Innovation Fund.
#3 Vyome Therapeutics: Founded by Shiladitya Sengupta and Venkateswarlu Nelabhotla in 2010, Vyome Therapeutics is focused on treating inflammatory diseases like acne using its innovative next-generation therapeutic solutions. To date, Vyome Therapeutics has raised $48.3 million (Rs 355.7 crore) from Iron Pillar, Sabre Partners, Kalaari Capital and Aarin Capital.
#2 Farcast Biosciences: Founded by Pradip K. Majumder and Mallikarjun Sundaram in 2010, Farcast Biosciences was formerly known as Mitra Biotech. The startup has developed its flagship platform called CANScript which helps oncologists to identify which drug will be most effective for their patients. They have raised $76 million (Rs 560 crore) from Northpond Ventures, Accel, Sequoia Capital, Sands Capital Ventures and TataCapital.
#1 MedGenome: Founded by Sam Santhosh in 2013, MedGenome is a biotech startup that offers genome-based diagnostics and research solutions. It uses DNA sequencing to help pharmaceutical companies develop personalized medicines for diseases like can cancer, diabetes and other rare diseases. To date, MedGenome has raised $119 million (Rs 876.4 crore) from investors like LeapFrog Investments, Sequoia Capital, InnoVen Capital and Zodius Capital.
Follow Backstage with Millionaires to remain updated with our latest developments.
Discord: https://discord.gg/XySGGhXKep
Instagram: https://www.instagram.com/backstagewithmillionaires/
LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/
Twitter: https://twitter.com/bwmillionaires/
#biotech #backstagewithmillionaires #bwm
https://wn.com/Top_10_Most_Innovative_Biotech_Startups_In_India
At the moment, India’s biotechnology industry makes up just 3% of the world’s biotechnology market but this number is expected to go up to 19% by 2025. Let’s take a look at India’s top 10 innovative biotechnology startups that are making India and the world a healthier place.
00:00 Introduction
01:20 #10 Xcode Life Sciences
02:05 #9 MapMyGenome
02:45 #8 Oncostem Diagnostics
03:37 #7 Sea6 Energy
04:41 #6 Pandorum Technologies
05:32 #5 Bugworks Research
06:32 #4 Zumutor Biologics
07:17 #3 Vyome Therapeutics
08:08 #2 Farcast Biosciences
09:11 #1 MedGenome
#10 Xcode Life Sciences: Founded by Saleem Mohammed, Dr Abdur Rub and Naru Narayanan in 2010, XCode Life Sciences focuses on preventive healthcare by enabling individuals to understand their genetic makeup and helping them to improve their lives by creating personalized health, nutrition and fitness plan based on their genetic markers and disease risks.
#9 MapMyGenome: Founded by Anu Acharya in 2013, MapMyGenome is a personal genomics startup that offers a Genomepatri Immunity report which helps you understand your genetic make-up while offering insights about your risk towards certain immune system diseases as well as lifestyle diseases.
#8 Oncostem Diagnostics: Founded by Manjiri Bakre in 2011, Oncostem Diagnostics is a cancer treatment startup that offers innovative prognostic and preventive solutions. Its flagship product CanAssist Breast is a prognostic test for early-stage breast cancer patients. To date, Oncostem Diagnostics has raised $7 million (Rs 51.5 crore) from Sequoia Capital and Artiman Ventures.
#7 Sea6 Energy: The company was founded by four IIT Madras students Sailaja Nori, Nelson Vadasseri, Sayash Kumar, Sowmya Balendiran and their professor Shrikumar Suryanarayan in 2010. Sea6 Energy calls itself an ocean operating system and that’s because it has managed to harness the seaweed grown in oceans in a sustainable way to create a range of bioproducts that can boost agriculture, enhance animal and plant immunity and provide an alternative source of energy. It has raised $8.9 million (Rs 65.5 crore) from investors like Tata Capital and Biocon’s founder and CEO Kiran Mazumdar Shaw.
#6 Pandorum Technologies: Founded by Arun Chandru and Dr. Tuhin Bhowmick in 2011, Pandorum Technologies is a biotech company that focuses on tissue engineering and regenerative medicine. Back in 2015, it made the headlines when it became the first Indian company to design and 3D print human liver tissue for medical research. Till date, the startup has raised $9.2 million (Rs 67.75 crore) from investors like 500 Startups, 021 Capital, Indian Angel Network and Binny Bansal.
#5 Bugworks Research: Founded by Anand Anandkumar in 2014, Bugworks Research is a drug discovery startup that is designing antibiotics that can fight the superbugs which are immune to our traditional drugs. To date, this biopharma startup has raised $16.5 million (Rs 121.5 crore) from University of Tokyo Edge Capital, CARB-X, 3one4 Capital and Global Brain Corporation, and Aquipharma Holdings.
#4 Zumutor Biologics: Founded by Kavitha Iyer Rodrigues in 2013, Zumutor Biologics is one of the leading immune-oncology startups that help in treating cancer by targeting the body’s immune system. To date, Zumutor Biologics has raised $41.6 million (Rs 306.4 crore) from Accel, Aarin Capital, Chiratae Ventures, and Bharat Innovation Fund.
#3 Vyome Therapeutics: Founded by Shiladitya Sengupta and Venkateswarlu Nelabhotla in 2010, Vyome Therapeutics is focused on treating inflammatory diseases like acne using its innovative next-generation therapeutic solutions. To date, Vyome Therapeutics has raised $48.3 million (Rs 355.7 crore) from Iron Pillar, Sabre Partners, Kalaari Capital and Aarin Capital.
#2 Farcast Biosciences: Founded by Pradip K. Majumder and Mallikarjun Sundaram in 2010, Farcast Biosciences was formerly known as Mitra Biotech. The startup has developed its flagship platform called CANScript which helps oncologists to identify which drug will be most effective for their patients. They have raised $76 million (Rs 560 crore) from Northpond Ventures, Accel, Sequoia Capital, Sands Capital Ventures and TataCapital.
#1 MedGenome: Founded by Sam Santhosh in 2013, MedGenome is a biotech startup that offers genome-based diagnostics and research solutions. It uses DNA sequencing to help pharmaceutical companies develop personalized medicines for diseases like can cancer, diabetes and other rare diseases. To date, MedGenome has raised $119 million (Rs 876.4 crore) from investors like LeapFrog Investments, Sequoia Capital, InnoVen Capital and Zodius Capital.
Follow Backstage with Millionaires to remain updated with our latest developments.
Discord: https://discord.gg/XySGGhXKep
Instagram: https://www.instagram.com/backstagewithmillionaires/
LinkedIn: https://www.linkedin.com/company/backstagewithmillionaires/
Twitter: https://twitter.com/bwmillionaires/
#biotech #backstagewithmillionaires #bwm
- published: 24 Nov 2020
- views: 306128
1:45:31
How to start a biotech startup: 5 young VC-backed founders share their stories
Learn how five first-time biotech founders started their companies and raised venture capital from top-tier VCs. The panel includes:
Ashley Zehnder, co-founde...
Learn how five first-time biotech founders started their companies and raised venture capital from top-tier VCs. The panel includes:
Ashley Zehnder, co-founder and CEO, Fauna Bio
Leah Sibener, co-founder, 3T Biosciences
Liz Shepherd, co-founder, Novome Biotech
Maria Soloveychik, co-founder and CEO, SyntheX
Sam Kintz, co-founder and CEO, EnLiven Therapeutics
Moderated by Barbara Alcaraz Silva, Silicon Valley Bank
TOPICS COVERED:
00:50 -- Introductions
12:33 -- Transitioning from academia or a big company to founding a startup
22:50 -- How did you decide on your business model?
27:36 -- How did you find your cofounders and initial hires?
38:09 -- Why start a company instead of work at a big company, be an investor, consultant, etc.
44:26 -- How did you raise money?
54:07 -- What is next for your company?
1:02:29 -- Audience Q&A
This is the first lecture of Biotech Startup School, a free online course on how to start a biotech company. Learn more about Biotech Startup School here:
https://www.baybridgebio.com/biotech-startup-school.html
We will upload a new Biotech Startup School video every week or so through the end of the course. SUBSCRIBE to stay updated.
https://wn.com/How_To_Start_A_Biotech_Startup_5_Young_Vc_Backed_Founders_Share_Their_Stories
Learn how five first-time biotech founders started their companies and raised venture capital from top-tier VCs. The panel includes:
Ashley Zehnder, co-founder and CEO, Fauna Bio
Leah Sibener, co-founder, 3T Biosciences
Liz Shepherd, co-founder, Novome Biotech
Maria Soloveychik, co-founder and CEO, SyntheX
Sam Kintz, co-founder and CEO, EnLiven Therapeutics
Moderated by Barbara Alcaraz Silva, Silicon Valley Bank
TOPICS COVERED:
00:50 -- Introductions
12:33 -- Transitioning from academia or a big company to founding a startup
22:50 -- How did you decide on your business model?
27:36 -- How did you find your cofounders and initial hires?
38:09 -- Why start a company instead of work at a big company, be an investor, consultant, etc.
44:26 -- How did you raise money?
54:07 -- What is next for your company?
1:02:29 -- Audience Q&A
This is the first lecture of Biotech Startup School, a free online course on how to start a biotech company. Learn more about Biotech Startup School here:
https://www.baybridgebio.com/biotech-startup-school.html
We will upload a new Biotech Startup School video every week or so through the end of the course. SUBSCRIBE to stay updated.
- published: 11 Feb 2020
- views: 24530
22:03
What Are the Best Funding Strategies for Biotech Startups?
Subscribe now for the coolest biotech interviews! https://www.youtube.com/channel/UCLOWmW12tA2dYsPLgdQvtqg?view_as=subscribe
Description: For our Amsterdam edi...
Subscribe now for the coolest biotech interviews! https://www.youtube.com/channel/UCLOWmW12tA2dYsPLgdQvtqg?view_as=subscribe
Description: For our Amsterdam edition of Refresh, which was co-hosted at BIO-Europe Spring, Philip Hemme chatted to Martin Muenchbach, Partner at BB Biotech Ventures, on funding strategies for biotech startups.
About Labiotech.eu:
Labiotech.eu is the leading digital media covering the European Biotech industry. Over 100,000 monthly visitors use it to keep an eye on the business and innovations in biotechnology. Hope you'll enjoy reading our stories!
Facebook: https://www.facebook.com/Labiotech.eu
Twitter: https://twitter.com/Labiotech_eu
Linkedin: https://www.linkedin.com/company/labiotech-eu/
Instagram: https://www.instagram.com/labiotech.eu/
https://wn.com/What_Are_The_Best_Funding_Strategies_For_Biotech_Startups
Subscribe now for the coolest biotech interviews! https://www.youtube.com/channel/UCLOWmW12tA2dYsPLgdQvtqg?view_as=subscribe
Description: For our Amsterdam edition of Refresh, which was co-hosted at BIO-Europe Spring, Philip Hemme chatted to Martin Muenchbach, Partner at BB Biotech Ventures, on funding strategies for biotech startups.
About Labiotech.eu:
Labiotech.eu is the leading digital media covering the European Biotech industry. Over 100,000 monthly visitors use it to keep an eye on the business and innovations in biotechnology. Hope you'll enjoy reading our stories!
Facebook: https://www.facebook.com/Labiotech.eu
Twitter: https://twitter.com/Labiotech_eu
Linkedin: https://www.linkedin.com/company/labiotech-eu/
Instagram: https://www.instagram.com/labiotech.eu/
- published: 29 Mar 2018
- views: 7895
5:24
Biotech Startup Cradle Expands Use of AI
European biotech startup Cradle is on the path to expanding its use of generative AI in the name of science with a $24 million Series A funding led by Index Ven...
European biotech startup Cradle is on the path to expanding its use of generative AI in the name of science with a $24 million Series A funding led by Index Ventures, taking the total raised to $33 million. Cradle CEO Stef van Grieken joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology."
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Like this video? Subscribe to Bloomberg Technology on YouTube:
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Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Connect with us on...
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Facebook: https://www.facebook.com/BloombergTechnology
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https://wn.com/Biotech_Startup_Cradle_Expands_Use_Of_Ai
European biotech startup Cradle is on the path to expanding its use of generative AI in the name of science with a $24 million Series A funding led by Index Ventures, taking the total raised to $33 million. Cradle CEO Stef van Grieken joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology."
--------
Like this video? Subscribe to Bloomberg Technology on YouTube:
https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://tinyurl.com/ycyevxda
Get the latest in tech from Silicon Valley and around the world here:
https://www.bloomberg.com/technology
Connect with us on...
Twitter: https://twitter.com/technology
Facebook: https://www.facebook.com/BloombergTechnology
Instagram: https://www.instagram.com/bloombergbusiness/
- published: 28 Nov 2023
- views: 4916
34:05
Coming up with ideas for biotech startups
This video describes some frameworks you can use to generate biotech startup ideas, as well as some ways to evaluate which of those ideas are most promising.
A...
This video describes some frameworks you can use to generate biotech startup ideas, as well as some ways to evaluate which of those ideas are most promising.
Articles / papers mentioned in the video:
Michael Gladstone, "Re-Balancing Immunity via Regulatory T Cell Potentiation: Introducing Delinia": https://lifescivc.com/2016/09/re-balancing-immunity-via-regulatory-t-cell-potentiation-introducing-delinia/
Michael Gilman, "The awesome power of risk": https://lifescivc.com/2014/03/the-awesome-power-of-risk/
Michael Gilman, "Risk: A User’s Guide For Drug Developers": https://lifescivc.com/2014/05/risk-a-users-guide-for-drug-developers/
Steven Paul et al, "How to improve R&D productivity: the pharmaceutical industry's grand challenge": https://www.nature.com/articles/nrd3078
https://wn.com/Coming_Up_With_Ideas_For_Biotech_Startups
This video describes some frameworks you can use to generate biotech startup ideas, as well as some ways to evaluate which of those ideas are most promising.
Articles / papers mentioned in the video:
Michael Gladstone, "Re-Balancing Immunity via Regulatory T Cell Potentiation: Introducing Delinia": https://lifescivc.com/2016/09/re-balancing-immunity-via-regulatory-t-cell-potentiation-introducing-delinia/
Michael Gilman, "The awesome power of risk": https://lifescivc.com/2014/03/the-awesome-power-of-risk/
Michael Gilman, "Risk: A User’s Guide For Drug Developers": https://lifescivc.com/2014/05/risk-a-users-guide-for-drug-developers/
Steven Paul et al, "How to improve R&D productivity: the pharmaceutical industry's grand challenge": https://www.nature.com/articles/nrd3078
- published: 01 Apr 2020
- views: 7644
1:54:58
Agri-Food - Finale Pitch Night (Sectors 2024) - Mar 14, 2024
0:00:00 - Intro
0:16:56 - Maia Farms
0:27:27 - Rayhawk Technologies
0:38:37 - BetterCart Analytics
0:52:52 - AgGene
0:59:28 - Geco Engineering
1:10:15 - Panel D...
0:00:00 - Intro
0:16:56 - Maia Farms
0:27:27 - Rayhawk Technologies
0:38:37 - BetterCart Analytics
0:52:52 - AgGene
0:59:28 - Geco Engineering
1:10:15 - Panel Discussion
1:44:12 - Investment Announcements
https://wn.com/Agri_Food_Finale_Pitch_Night_(Sectors_2024)_Mar_14,_2024
0:00:00 - Intro
0:16:56 - Maia Farms
0:27:27 - Rayhawk Technologies
0:38:37 - BetterCart Analytics
0:52:52 - AgGene
0:59:28 - Geco Engineering
1:10:15 - Panel Discussion
1:44:12 - Investment Announcements
- published: 15 Mar 2024
- views: 139
55:11
A Conversation with Elizabeth Iorns - Advice for Biotech Founders
YC Partner Adora Cheung talks to Science Exchange Co-Founder and CEO Elizabeth Iorns about her experience as a biotech startup founder.
Learn more at https://w...
YC Partner Adora Cheung talks to Science Exchange Co-Founder and CEO Elizabeth Iorns about her experience as a biotech startup founder.
Learn more at https://www.startupschool.org/
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00:00 Introduction
00:01:50 Shift from academic to startup route. Where did the idea come from?
00:03:47 How Science Exchange helps organize the very fragmented market for research?
00:05:54 Was it difficult to make the switch and not work on the one thing that you focused on during research?
00:07:56 Advice for people who want start a startup from a research at University? Sometimes it’s a huge obstacle from universities. How can they navigate?
00:09:08 Do you think there is a overall trend in people moving from academics into startups?
00:11:46 How did you get your first users for Science Exchange marketplace?
00:14:08 What was more difficult – Supply or demand?
00:15:54 Do you remember on the demand side, the very first customer? What were they? What did they do?
00:17:04 So we talked a lot about at Startup School, product market fit. For you what was that like? When did you know you had that? And how did you define it? And what metrics were you looking at?
00:19:51 Reproducibility Initiative (reproduce to validate experiments) - why has this never been done? Was it a money problem or can only Science Exchange solve?
00:23:09 What are the two top two complex factors?
00:25:10 What is the biggest challenge as a CEO of a marketplace company that you have today? And how has that challenge morphed over time?
00:27:03 There has been this implosion of biotech startups recently, especially in Silicon Valley, what do you think that is? What are the causes for this?
00:30:04 Are there any similarities between biotech and software?
00:31:25 What does an MVP mean in biotech?
00:33:13 What has changed that has allowed a small companies product to go-to-market without getting acquired?
00:34:36 Science Exchange is helping speed up experiments, trolls, and getting through the FDA process.
00:35:48 Common mistakes you've seen biotech founders make? What do you just need and what do you avoid at all costs?
00:37:33 What do you think about the need for a business co-founder and should that be a goal?
00:39:30 Non-scientists who are interested in biotech, what should they do? Get a PhD or what's the potential path?
00:42:17 Decisions you’ve made that was a game changer (inflection point)?
00:43:29 100 years from now, what do you think Science Exchange will be?
00:45:16 Q1 - whether we should look at new approaches too, instead of just looking at correlations to look for causality in a space with unknowns?
00:46:40 Q2 - Idea to an MVP in a short space of time, and the steps that required to do that?
00:49:27 Q3 - Importance of credentials in the biotech space?
00:51:29 Q4 - when did you decide to leave academics?
00:53:18 Q5 - Quality control in a two sided marketplace?
https://wn.com/A_Conversation_With_Elizabeth_Iorns_Advice_For_Biotech_Founders
YC Partner Adora Cheung talks to Science Exchange Co-Founder and CEO Elizabeth Iorns about her experience as a biotech startup founder.
Learn more at https://www.startupschool.org/
Chapters (Powered by https://bit.ly/chapterme-yc) -
00:00:00 Introduction
00:01:50 Shift from academic to startup route. Where did the idea come from?
00:03:47 How Science Exchange helps organize the very fragmented market for research?
00:05:54 Was it difficult to make the switch and not work on the one thing that you focused on during research?
00:07:56 Advice for people who want start a startup from a research at University? Sometimes it’s a huge obstacle from universities. How can they navigate?
00:09:08 Do you think there is a overall trend in people moving from academics into startups?
00:11:46 How did you get your first users for Science Exchange marketplace?
00:14:08 What was more difficult – Supply or demand?
00:15:54 Do you remember on the demand side, the very first customer? What were they? What did they do?
00:17:04 So we talked a lot about at Startup School, product market fit. For you what was that like? When did you know you had that? And how did you define it? And what metrics were you looking at?
00:19:51 Reproducibility Initiative (reproduce to validate experiments) - why has this never been done? Was it a money problem or can only Science Exchange solve?
00:23:09 What are the two top two complex factors?
00:25:10 What is the biggest challenge as a CEO of a marketplace company that you have today? And how has that challenge morphed over time?
00:27:03 There has been this implosion of biotech startups recently, especially in Silicon Valley, what do you think that is? What are the causes for this?
00:30:04 Are there any similarities between biotech and software?
00:31:25 What does an MVP mean in biotech?
00:33:13 What has changed that has allowed a small companies product to go-to-market without getting acquired?
00:34:36 Science Exchange is helping speed up experiments, trolls, and getting through the FDA process.
00:35:48 Common mistakes you've seen biotech founders make? What do you just need and what do you avoid at all costs?
00:37:33 What do you think about the need for a business co-founder and should that be a goal?
00:39:30 Non-scientists who are interested in biotech, what should they do? Get a PhD or what's the potential path?
00:42:17 Decisions you’ve made that was a game changer (inflection point)?
00:43:29 100 years from now, what do you think Science Exchange will be?
00:45:16 Q1 - whether we should look at new approaches too, instead of just looking at correlations to look for causality in a space with unknowns?
00:46:40 Q2 - Idea to an MVP in a short space of time, and the steps that required to do that?
00:49:27 Q3 - Importance of credentials in the biotech space?
00:51:29 Q4 - when did you decide to leave academics?
00:53:18 Q5 - Quality control in a two sided marketplace?
- published: 03 Oct 2018
- views: 10360