Geek-Guy.com

Category: Peter Thiel

Why Intempus thinks robots should have a human physiological state

Teddy Warner, 19, has always been interested in robotics. His family was in the industry, and he says he “grew up” working in a machinist shop while in high school. Now Warner is building a robotics company of his own, Intempus, that looks to make robots a bit more human. Intempus is building tech to…

Chapter, a Medicare startup with links to Vance, Thiel and Ramaswamy, just raised a round at $1.5B valuation

Chapter, a Medicare advisory startup co-founded by former Republican presidential hopeful Vivek Ramaswamy, has closed a $75 million funding round at a valuation of $1.5 billion led by private equity and venture firm Stripes. The startup helps seniors choose Medicare health plans analyzing doctors, hospitals, and prescription drug coverage. Unlike many other Medicare insurance brokers,…

Founders Fund is about to close another $3B fund

Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and  Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio…

Lindus Health raises $55M to ‘fix the broken clinical trial industry’

A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new…