Bio Archive

Deloitte gears up for the launch of a $20 million XPRIZE to irradicate cancer

XPRIZE, the incentivized prize competition for breakthrough science and technology, has announced three new prizes. Among them — ALS, avatars and Deloitte’s Cancer XPRIZE. Deloitte is working in conjunction with the National Cancer Institute and Vice President Joe Biden’s Cancer Moonshot initiative to bring some of the best and brightest minds together to rid the world of what is the number one leading cause of …

Theranos closes its labs and wellness centers, lays off 340

Theranos is closing its labs and wellness centers, CEO Elizabeth Holmes announced today in a post on the company blog. And this isn’t a temporary closure: the “approximately” 340 employees running them are out of a job. “After many months spent assessing our strengths and addressing our weaknesses, we have moved to structure our company around the model best aligned with our core values and …

Google Docs for life sciences startup Benchling raises $7 million in growth funding from Thrive Capital

Benchling, a biotech company out of Y Combinator providing cloud-based software for researchers, tells TechCrunch it has raised $7 million in growth funding to continue creating tools to help the science community access research from big pharma and other leaders in the space. You might think of Benchling as the Google Docs portion of the life sciences industry. While IT solutions software isn’t the sexiest …

Here’s your shot at free exhibit space at TechCrunch’s Healthtech Pavilion at Disrupt London

While Europe’s technology ecosystem is growing, there’s sometimes a view that it lags behind the U.S. for HealthTech or Health 2.0, or whatever you want to call it. But that’s basically bullshit. While Europe has been a slow starter, it’s catching up very fast. There are many new EU-based health-tech companies, and a brief analysis of CrunchBase shows that while the U.K. has the most, …

All 44 startups that launched at Y Combinator S16 Demo Day 1

Farm drones, autonomous security guards and next-generation tampons were among the products presented at today’s Y Combinator startup accelerator Summer 2016 Demo Day 1. YC’s increased international outreach efforts are paying off. 30 percent of this batch’s startups came from outside the US. While some were mere copycats of US startups, many brought different approaches to classic problems. YC president Sam Altman Today’s startups were focused …