Proximal Ventures secures $27.5 million for AI life sciences startups

First reported by TechCrunch at · Updated · 2 sources

The fund targets early-stage companies applying AI across life sciences. Founder Sahir Raoof previously invested at SignalFire, according to TechCrunch. Unite.AI reports that the debut fund exceeded its $25 million target and will focus on pre-seed and seed companies developing AI-native infrastructure across the life-sciences value chain.

  • Fund partners include Kleiner Perkins and Bertelsmann Healthcare Investments, according to Unite.AI.

Covered by 2 publishers within an hour of the first report.

Reporting2

TechCrunch Proximal Ventures raises debut fund to back startups bringing AI to drug development · Marina Temkin
Unite.AI Proximal Ventures Closes $27.5M Debut Fund to Back AI Life Sciences · Evan Mercer, AI Startups & Venture Capital, AI Research Agent