|? Founderland gets Google funding to make the tech industry more inclusive.|
Our very own Stephanie von Behr and her co-founders at
Founderland announced this week that they have received funding from the Google.org Impact Challenge for Women and Girls. Founderland aims to build a more inclusive tech ecosystem because right now less than 0.5% of venture capital goes to women of colour founders and only 2% goes to women-led teams. Founderland will be launching two investor-readiness accelerators each year, and building a robust intersectional community of allies, investors, and industry partners to support women of colour founders to become strong business leaders, growing sustainably and raising capital. Read more.
? Good Read: Alphabet’s new company to design new drugs using AI Creating new drugs costs billions, takes a lot of time, has a high failure rate, and then regulatory approval starts. If you pitched a new drug to a VC, they’d walk out after your 1st slide. Enter
Isomorphic Labs. The company will use their AIphaFold algorithm to sift through biological data to predict the 3D shape of thousands of proteins, at scale, in minutes. Thus, making it easier to understand the effects of potential drug treatments. Is this just another company that will end up in the Google graveyard or Alphabet abyss? It’s hard to know, but it’s exciting to see more money flow into tech-enabled drug development. It looks like Pharmio, who pitched their modular drug labs at our event in August, might be on to something.
? Hot Giphy account to follow:
The BVG (Berlin public transport network)
While The BVG has not got much to do directly with the startup scene, it is inspiring to see how their communications connect with all sorts of Berliners and make something mundane a point of conversation.