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Biotech Insights

Biotech Market Update
Triangle raises $4M for AI, Blackstone $6.3B life sciences fund, Gilead $1.68B T-cell engager deal with Ouro

March 31, 2026

Recent Funding: Triangle Health (CA) Raises $4M for AI Health Assistant to Help Patients Navigate Medical Care Triangle Health raised $4 million led by SNR.vc to build an AI assistant that helps patients understand health conditions and explore treatment options by analyzing their complete medical history. The platform can brainstorm treatments, prepare doctor appointment questions, […]

Biotech Market Update
R1 Therapeutics raises $77.5M Series A, Gossamer cuts 48%, Kali scores $180M deal with Sanofi

March 24, 2026

Recent Funding: R1 Therapeutics (SF) Raises $77.5M Series A to Develop Once-Daily Pill for Kidney Disease Patients on Dialysis R1 Therapeutics launched with $77.5 million to develop AP306, a once-daily pill for hyperphosphatemia (high phosphate levels) in chronic kidney disease patients on dialysis. Unlike existing treatments that require patients to take 3-5 pills per meal […]

Biotech Market Update
Breakout Ventures $114M fund, Alto Neuro raise $120M, f5 Therapeutics shuts down

March 17, 2026

Recent Funding: Breakout Ventures Closes $114M Fund to Invest in Early-Stage Biotech California-based VC firm Breakout Ventures raised $114 million for its third fund to invest in approximately 20 early-stage biotech companies, writing first checks of $1 million to $5 million. The firm has already returned most of its first fund and a significant portion […]

Biotech Market Update
Day One acquired by Servier for $2.5B, Tenaya partners with Alnylam in $1.13B deal

March 10, 2026

Recent Funding: Tacit Therapeutics (SF) Raises $19M to Fix Genetic Diseases by Swapping Out Faulty RNA Tacit is developing a new approach called “trans-splicing” that replaces large broken sections of RNA with corrected versions, rather than editing DNA directly. Their first program targets Huntington’s disease, where they’ve successfully repaired 70% of faulty molecules in mouse […]

Biotech Market Update
Atrium launches with $270M, BioAtla lays off 70%, biopharma VC surges

March 3, 2026

Recent Funding: BreezeBio (SF) Raises $60 Million to Advance mRNA Therapy for Type 1 Diabetes BreezeBio secured $60 million in Series B funding to move its lead program toward clinical trials, aiming to retrain the immune system in type 1 diabetes by delivering mRNA that teaches the body to stop attacking insulin-producing cells. The company’s […]

Biotech Market Update
Faeth reverse merger with Sensei, Products peptide deal with Novartis, Vir partners with Astellas

February 24, 2026

M&A, Deals, Partnerships: Faeth Therapeutics (SF) Goes Public via Reverse Merger with Sensei in 200M deal San Francisco–based cancer metabolism startup Faeth Therapeutics was acquired by Sensei Biotherapeutics in an all-stock deal structured like a reverse merger, effectively taking Faeth public alongside a $200 million private placement backed by top healthcare investors. The combined company […]