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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

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.

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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