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AI Mineral Exploration, Lab-Grown Meat, and Altman's New Coin

Discover what’s next. The world’s top stories from early stage public companies, crypto, and startups.

August 04, 2023

Lab Grown Meat Is Proving To Be Worth Millions

SteakHolder Foods, a public company that has created a 3D printing technology for lab grown meat, recently announced a multi-million dollar agreement with the Gulf Cooperation Council, which represents the economic union between Kuwait, Qatar, Saudi Arabia and the UAE, amongst others, to build a pilot plant for the production of lab grown meat. The agreement marks a significant near-term commercialization opportunity in an industry that, until now, has mostly been focused on research and development.

Bill Gates Backs AI-Powered Geology Startup

GeologicAI, a Calgary-based mining tech startup, has announced $20 million in Series A funding from Bill Gates’ Breakthrough Energy Ventures. By leveraging the power of artificial intelligence, GeologicAI aims to streamline data analysis and reduce the intensive manual processes involved in resource and mineral exploration.

OpenAI Founder Sam Altman’s Next Big Idea Is Crypto

OpenAI founder Sam Altman, who has been highly praised and critiqued for his ambitions in artificial intelligence, has launched his next big venture: a crypto token called Worldcoin, which currently trades at $2.22 under the symbol ‘WLD’.

The Sprint

  • Amber Bio, a developer of gene editing platforms to reach previously undruggable diseases and ‘rewrite the rules of medicine’, announced launch funding from Playground Global, Andreessen Horowitz Bio + Health, Eli Lilly, Hummingbird Ventures, and Pillar VC.

  • ParaZero Technologies, an aerospace company that designs and develops autonomous parachute safety systems for commercial drones, raised $7.8 million in their IPO, and now trades on the Nasdaq under the symbol ‘PRZO’.

  • Surf Air, an electric aviation and air travel company aiming to reinvent flying through the power of electrification, went public on the NYSE under the symbol ‘SRFM’.

  • Persist AI, an AI-driven drug formulation startup, raised $4M in funding from 2048 Ventures, Innospark Ventures, Fellows Fund, YCombinator, and Pioneer Fund.