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July 21, 2025 - Deals
Radical AI Raises $55M Seed Funding From RTX Ventures Nvidia Noa Eni Next Infinite Alleycorp
Radical AI, a New York City-based company developing autonomous labs for materials R&D, has raised $55M in Seed funding to scale its operations and accelerate development. Led by CEO Joseph F. Krause and co-founder Jorge Colindres, the company is focused on building a unified scientific intelligence platform that autonomously discovers, designs, and manufactures advanced materials, aiming to eliminate the fragmentation in traditional R&D. Backers in the round include RTX Ventures, Nvidia, noa, Eni Next, Infinite, Alleycorp, and others.
INVESTORS: RTX Ventures, Nvidia, noa, Eni Next, Infinite & Alleycorp
ROUND: Seed
AMOUNT: $55,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #RadicalAI #RTXVentures #Nvidia #noa #EniNext #Infinite #Alleycorp #JorgeColindres #JosephFKrause #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC