Generative AI biotech Cradle has raised a $73m Series B led by Silicon Valley VC IVP — which has previously backed tech giants Uber and Netflix, alongside unicorn AI startup Perplexity — and existing investors Index Ventures and Kindred Capital. The round comes a year on from its $23m Series A.
News
November 26, 2024
Google-alumni founded GenAI techbio raises $73m Series B featuring Uber-backer IVP and Index Ventures
The Netherlands’ Cradle has seen the number of projects paying to use its SaaS platform increase 15x in the past year
5 min read
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Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

Deeptech & AI
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The people, companies and trends shaping European AI and deeptech.
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