The Big Picture
Longevity Startups Raised $7B in 2022
“Altos, the Bezos-backed biotechnology company focused on cellular rejuvenation raised a record-breaking $3 billion through a series A financing in January, representing 43% of the total dollar amount raised by longevity companies in 2022.” (Spannr)
Memory-Chip Makers Face a Prolonged Price Slump
“Average prices for the two main types of memory chips used in everyday electronics—from smartphones to personal computers and TV sets—are projected to experience double-digit percentage declines this quarter. That comes after prices dropped by more than 20% in the last three months of 2022 from the previous quarter, according to analyst data.” (WSJ)
A 3D Printer Isn’t Cool. You Know What’s Cool? A 3D-Printing Factory
“Instead of trying to build a single machine that can print three-dimensional objects, Freeform is looking to turn entire buildings into automated 3D-printing factories that would use dozens of lasers to create rocket engine chambers or car parts from metal powder. The company, which has never before discussed its approach publicly, says the technique could allow it to make metal parts 25 to 50 times faster than is possible with current methods and at a fraction of the cost.”(Bloomberg)
China Invests $546 Billion in Clean Energy, Far Surpassing the U.S.
“China once again topped the world in clean energy investments last year, a trend that could challenge U.S. efforts to develop more homegrown manufacturing. Nearly half of the world’s low-carbon spending took place in China, according to a recent analysis from market research firm BloombergNEF. The country spent $546 billion in 2022 on investments that included solar and wind energy, electric vehicles and batteries.” (Scientific American)
U.S. scientists brace for tighter scrutiny of potentially risky research
“Federally funded scientists who work with potentially harmful bacteria, viruses, and other agents could soon face a major expansion of U.S. government oversight. An expert group last week recommended broadening rules that require universities and funding agencies to determine whether proposed studies count as dual-use research—work that carries the risk of intentionally or accidentally creating a bioweapon. Currently, such reviews are only required for experiments involving 15 dangerous agents. But the panel argues the reviews should now extend to work with all human, plant, and animal pathogens, even those causing only mild disease.” (Science)
New AI classifier for indicating AI-written text
“We’ve trained a classifier to distinguish between text written by a human and text written by AIs from a variety of providers. While it is impossible to reliably detect all AI-written text, we believe good classifiers can inform mitigations for false claims that AI-generated text was written by a human: for example, running automated misinformation campaigns, using AI tools for academic dishonesty, and positioning an AI chatbot as a human.” (OpenAI)
Astronomers prepare to launch LuSEE night, a test observatory on the far side of the moon
“Astronomers have not yet been able to map large portions of the radio emissions from our universe because of interference from the Earth itself. A team of astronomers hopes to change that, beginning with the LuSEE Night mission to the far side of the moon. It will launch in 2025 and chart a new pathway to Lunar observatories.” (UniverseToday)
China mulling restrictions on polysilicon, wafer production tech exports
“In a joint statement, the two ministries said that three technologies related to the PV manufacturing industry could be included in the catalog – wafers, black silicon, and ingot casting. If the three categories are added to the restrictions list, manufacturers will need technology export licenses from the respective provincial departments to export such products. China accounted for more than 98% of global wafer production for the solar industry in 2021.” (PV Magazine)
A weekly dispatch featuring exclusive interviews with deep tech founders & a roundup of the most important deep tech news.
Deep Tech News
- A ‘De-Extinction’ Company Wants to Bring Back the Dodo (Scientific American)
- Alien hunters get a boost as AI helps identify promising signals from space (The Conversation)
- Capella Space launches defense-focused subsidiary as demand for satellite imagery soars (TechCrunch)
- EV batteries alone could satisfy short-term grid storage demand (PV Magazine)
- ‘Bionic nose’ may help people experiencing smell loss (Washington Post)
- H2FLY to build aviation center at Stuttgart Airport to support hydrogen electric plane testing (Electrek)
- X2 ‘flying car’ from XPeng’s Aero HT becomes first crewed eVTOL to receive flight permit in China (Electrek)
Crypto News
- Most Criminal Cryptocurrency Funnels Through Just 5 Exchanges (WIRED)
- BNB Chain developers introduce whitepaper for new Web3 storage network (The Block)
- U.K. Details Plans to Regulate Bitcoin, Crypto Industry (Bitcoin Magazine)
- Zuckerberg’s Metaverse Division Loses $13.72 Billion in 2022 (Decrypt)
- ZK developer Nil Foundation says new technology makes it easier to build on Ethereum (The Block)
- NFL Reveals First Super Bowl ‘Metaverse’ Concert in Roblox (Decrypt)
- Is It Metaverse Art or Birkin Ripoff? A US Jury Will Decide (Bloomberg)
- Ethereum staking withdrawal testnet for Shanghai upgrade goes live (The Block)
Peer Review
- New screening method could pave the way for future cancer drug discoveries (Journal of Biological Chemistry, 09.22)
- New analog quantum computers to solve previously unsolvable problems (Nature Physics, 01.23)
- Using CRISPR to detect cancer biomarkers (ACS Sensors, 02.23)
- Artificial intelligence can improve efficiency of genome editing (Nature Biotechnology, 01.23)
- Spacecraft could navigate the solar system autonomously using pulsars (arXiv, 01.23)
- Superconductivity switches on and off in ‘magic-angle’ graphene (Nature Nanotechnology, 01.23)
- Predicting lifespan of electric space propulsion systems (Carbon, 03.23)
Funding x M&A
- Alto Neuroscience Announces $60M in Additional Financing
- Paradigm raises $203M to improve clinical trial recruitment
- Atomos tows a $16M load of funding to create tugboats in space
- Green Steel Technology Company Boston Metal Announces $120M Series C Financing
- AI health monitoring platform Viking Analytics raises €3M Series A
- D2C Scientific R&D Company People Science Raises $5.3M
- Renaissance Fusion raises $16.4M
- Anti-tumor Immune Response Company Grey Wolf Therapeutics Closes $49M Series B
- Quantum sensing startup Q-CTRL raises another $27.4M
- Entocycle grabs $5M for its insect breeding technology
- Orbital Sidekick raises $10M to bring hyperspectral imaging to oil and gas pipeline monitoring
- Battery darling Our Next Energy lands $300M Series B to build gigafactory
- NT-Tao raises $22M to explore way to generate energy from nuclear fusion
- As the bee population declines, BloomX secures $8M to apply AI and EVs to pollination
- Haun Ventures leads Sovereign Labs’ $7.4M seed round to help scale blockchains
- Crypto security startup Hypernative raises $9M
- Senken Raises USD $7.5M to Streamline and Expand Carbon Markets with On-Chain Credits
- South Park creators land $20M for Deepfake Company
- DeFi protocol Archimedes raises $4.9M in seed funding
- Bitcoin miner TeraWulf raises $32M in equity offerings
- Bitcoin miner Gryphon going public via deal to buy cannabis software company Akerna
- VitaDAO raises $4.1M to advance decentralized science
- Viola Ventures and Fabric Ventures back Addressable’s $7.5M raise
- Venom Ventures Fund makes $5M strategic investment in Everscale blockchain
Miscellanea.
China’s top nuclear-weapons lab used American computer chips for decades / A $10 quintillion asteroid / Bell Labs’ 1940s mobile phone / Ants can sniff out cancer / Cargo airships could be big / 3 myths about materials and renewable energy / The case for outsourcing morality to AI / Using AI to read texts that are thousands of years old / Water ATMs in Ghana / Astronomers find planet orbiting 2 stars / What will a fusion power plant look like? / Armored EVs hit the streets / “We’re not calling this a rescue Soyuz” / Space elevators are getting closer to reality / What time is it on the Moon? / Death, sex, and aliens: the surprising history of slime / AIcracy: Governed by algorithms / What Navy dolphins tell us about aging / Building giant telescopes in space