Health Tech

The Rapid Growth of CRISPR Startup Mammoth Biosciences

Sophie M January 11, 2022

Biotech startup Mammoth Biosciences ‌officially achieved “unicorn” status in September 2021. After securing US$195 million in funding, it now has a total valuation of more than US$1 billion.
The financing for the California-based company comprises a US$150 million in its Series D round, following a $45 million in Series C funding in late 2020 led by venture capitals and investment firms.

Cue Health Raised US$200 Million at IPO and Plans to Expand Portable Diagnostic Testing

Sophie M November 11, 2021

Founded in San Diego in 2010, Cue Health is the latest med-tech startup to become a publicly listed company after a sharp term to profitability this year. Having found success in developing a portable COVID-19 test kit that provides lab-quality results in just a few minutes, it now hopes to expand its influence beyond the pandemic and into every corner of healthcare.

What Is Biotechnology and How to Start a Biotech Company?

Alinda Gupta October 11, 2021

To say that Covid has been a biological nightmare for the world is an understatement. In a bid to wake up from it, companies and investors have turned their attention to science, medicine and innovation—or simply, biotechnology. With vaccines and cures becoming the need of the hour, BioTech rose like never before.

Who Is Elizabeth Holmes and Why Is She on Trial?

Alinda Gupta September 16, 2021

Silicon Valley entrepreneur Elizabeth Holmes’s journey shows that not all Ivy League-dropout stories are those of success. At 19, Holmes dropped out of Stanford to start Theranos, a health-tech company that set out to revolutionize healthcare by detecting diseases with a single drop of blood. The idea was innovative and promising, so much so that Vice President Joe Biden called it “the future of laboratory science”. Seeing its potential, investors poured over US$400 million into the business.