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Enveda raises $55M to combine ancient remedies with AI for drug discovery

June 14, 2024

For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of […]

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We’re about to learn a whole lot more about how the human body reacts to space 

June 13, 2024

We could be entering a renaissance for human spaceflight research, as a record number of private citizens head to space — and as scientists improve techniques for gathering data on these intrepid test subjects.  A sign that the renaissance is imminent appeared earlier this week, when the journal Nature published a cache of papers detailing […]

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Former NSA head joins OpenAI board and safety committee

June 13, 2024

The high-profile addition is likely intended to satisfy critics who think that OpenAI is moving faster than is wise for its customers and possibly humanity.

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Tesla shareholders vote yes again to approve Elon Musk’s $56B pay plan 

June 13, 2024

Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 stock option compensation package approved. Shareholders also approved the company’s decision to re-incorporate of Tesla in Texas, moving it away from the state where Musk’s pay package was struck down: Delaware.  Shareholders present at the company’s annual meeting Thursday, held at Tesla’s […]

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What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture

June 13, 2024

StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $3.3 billion. This marks a […]

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