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Basecamp Research has successfully raised $60 million in a Series B funding round, led by Singular, to scale its AI-powered database for biological data collection and enhancement. The oversubscribed round also saw participation from S32, Redalpine, True Ventures, and Hummingbird VC. The funding will be used to build a 'GPT for biology,' leveraging AI to answer complex biological questions. Additionally, TryCoveAI has raised $6 million in seed funding for a collaborative AI interface.
The UX of AI is much bigger than chatbots. Excited to back this team with @sequoia @lennysan @eladgil @scottbelsky and others 👏 https://t.co/kD1u3J68gk
.@TryCoveAI raises $6M in seed funding #AI @berlekamp @thestephenchau @andyszy @sequoia @eladgil @homebrew @Adverbvc @scottbelsky @lennysan @alliekmiller @NuveenInv @finSMEs https://t.co/DGYL8ADeTt https://t.co/cOHCzm7yUk
Today's funding news in AI: $60M to @Basecamp_Res to build AI models for biology $6M Seed to @TryCoveAI for a collaborative AI interface $16M to @CentaurLabs for health data annotation & 8 more AI startups. Read about what they're building: https://t.co/r7ef8Rdg2U