Altis Labs raises $25 million for oncology-trial AI
Altis Labs raised a $25 million Series A, CEO Felix Baldauf-Lenschen told Axios Pro. The AI software company analyzes CT scans taken during oncology trials and produces predictions tied to patient survival, supporting a drug-devel...
Mithrl raises $20 million for biopharma AI infrastructure
Mithrl raised a $20 million Series A led by Obvious Ventures, CEO Vivek Adarsh told Axios. The company integrates its proprietary biomedical world model with pharmaceutical companies' research-and-development systems. The round gi...
Raindrop raises $35 million to monitor AI-agent failures
Raindrop raised a $35 million Series A led by CRV, co-founders Zubin Koticha and Ben Hylak told Axios Pro. The company builds technology to monitor AI agents for problems such as invented information and misuse of the tools they c...
Sword Health agrees to acquire Headspace for about $300 million
Sword Health has agreed to acquire Headspace in an all-cash transaction valued at roughly $300 million, with closing expected before the start of the fourth quarter of 2026. The deal would bring Headspace's network of more than 1...
Flock Safety offers voluntary employee buyouts
Flock Safety offered voluntary buyouts to employees, WIRED reported, citing an internal email. The surveillance-camera company said it would grant the package to most applicants; workers have until Oct. 2 to apply and are expected...
ASML to support Tata’s planned $11 billion chip factory in India
ASML is preparing to supply equipment and support for Tata Electronics' planned chip factory in Dholera, Gujarat. Tata has described an investment of about $11 billion and capacity of up to 50,000 silicon wafers a month, with tech...
