Associated tags: Playground, Artificial intelligence, Playground Global, Automation, General partnership, Software, Science, Hardware, Satellite, Research, AI, Finance, Transport, Professional Services
Locations: WESTERN AUSTRALIA, MCINTYRE, UNITED STATES, NORTH AMERICA, CALIFORNIA, ML
Retrieved on:
Wednesday, February 28, 2024
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Fine chemical Playground Global , an early-stage, deep-tech venture firm that invests in founders building category-defining businesses at the forefront of science and technology, today announced that Benjamin Kim PhD, has been promoted to Partner.
Key Points:
- Playground Global , an early-stage, deep-tech venture firm that invests in founders building category-defining businesses at the forefront of science and technology, today announced that Benjamin Kim PhD, has been promoted to Partner.
- View the full release here: https://www.businesswire.com/news/home/20240228985705/en/
Ben joined Playground as a Venture Fellow in 2019 while completing his PhD in bioengineering at Stanford University.
- “It’s an honor to contribute to the Playground life sciences ecosystem and support our portfolio companies in evolving deeply technical breakthroughs into transformational businesses,” said Ben Kim, PhD, Partner at Playground.
- “Ben brings an infectious passion for and incredible knowledge of bioengineering and biophysics to the Playground team,” said Jory Bell , General Partner at Playground.
Retrieved on:
Wednesday, February 21, 2024
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Pharmaceutical industry Insamo , a biotechnology company pioneering the discovery of membrane-permeable and orally available cyclic-peptides, today announced $12 million in seed capital from Playground Global, venBio, and MRL Ventures Fund (MRLV).
Key Points:
- Insamo , a biotechnology company pioneering the discovery of membrane-permeable and orally available cyclic-peptides, today announced $12 million in seed capital from Playground Global, venBio, and MRL Ventures Fund (MRLV).
- As part of the financing, Matt Hershenson, co-founder, Playground Global, and Corey Goodman, Ph.D, co-founder, venBio, will join the company’s Board of Directors.
- Sahsen Ventures, BEVC, Civilization Ventures, and Axial Ventures also participated in the recent financing.
- Our investment in Insamo underscores our dedication to supporting companies pushing the boundaries of drug discovery to enhance patient outcomes.”
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Wednesday, January 17, 2024
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Iron ore Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .
Key Points:
- Element Zero , a green materials platform company, announced today that it has raised US$10 million in seed funding led by Playground Global .
- Element Zero will use the funding to grow R&D, engineering, and project development teams and scale the development of a pilot iron plant.
- This non-aqueous electrochemical process allows Element Zero to process the full spectrum of iron ores; this includes the core 95% of Australian and Brazilian global trade in iron ore.
- As the price of high-grade iron ore continues to rise, Element Zero will be able to process low-grade iron ore, which is widely accessible.
Retrieved on:
Thursday, December 14, 2023
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Mosaic Playground Global is an early-stage, deep-tech venture firm investing in transformative technologies and founders building category-defining businesses.
Key Points:
- Playground Global is an early-stage, deep-tech venture firm investing in transformative technologies and founders building category-defining businesses.
- Playground has already made several investments from Fund III, including d-Matrix, Ideon Technologies, Amber Bio, Infinimmune, and Atomic AI, along with other portfolio companies operating in stealth.
- View the full release here: https://www.businesswire.com/news/home/20231214676152/en/
Bruce Leak, Peter Barrett and Jory Bell of Playground Global (Photo: Business Wire)
Since its inception, Playground has funded companies developing the foundational layers of emerging technologies.
- “Deep technology is no longer a synonym for slow technology,” said Bruce Leak, co-founder and General Partner at Playground Global.
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Monday, September 18, 2023
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Warehouse Boxbot, the vertical automation solution that sorts and stores packages for last-mile carriers, announced today a $12 million Series A round, led by Playground Global.
Key Points:
- Boxbot, the vertical automation solution that sorts and stores packages for last-mile carriers, announced today a $12 million Series A round, led by Playground Global.
- The funds will be used to accelerate the company's mission of enabling carriers to provide more efficient delivery experiences and bolster the team’s engineering and business operations.
- Playground Global Venture Partner Richard Peretz, former CFO at UPS, will join the company’s board of directors.
- With their solution, Boxbot is driving down the cost of last mile delivery through warehouse automation that unlocks transformative applications.
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MD Amber Bio , a biotechnology company pioneering multi-kilobase gene editing platforms to reach previously undruggable diseases, launched today with an oversubscribed $26 million seed financing round co-led by Playground Global and Andreessen Horowitz Bio + Health.
Key Points:
- Amber Bio , a biotechnology company pioneering multi-kilobase gene editing platforms to reach previously undruggable diseases, launched today with an oversubscribed $26 million seed financing round co-led by Playground Global and Andreessen Horowitz Bio + Health.
- “The development of programmable systems such as CRISPR-Cas for gene correction has driven a major biotechnological revolution in the past decade.
- “Amber Bio is pioneering new gene editing methods that will vastly expand the range of treatable diseases and reach previously undruggable patient populations,” said Jory Bell, General Partner at Playground Global.
- “We are excited to continue working together as Amber advances its technology platform, internal pipeline, and ecosystem partnerships.”
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AI PALO ALTO, Calif., Aug. 3, 2023 /PRNewswire-PRWeb/ -- Playground Global, a deep-tech venture capital firm with over $1 billion in AUM, today announced the hiring of two veteran operating partners, Nate Chang and Katja Gagen. Both have worked in venture capital and adjacent sectors for over two decades respectively bringing industry and fund operating experience from investment firms including Andreessen Horowitz, General Catalyst, and TCV. Their expertise complements the 40+-person team at Playground dedicated to investing in breakthrough technologies and providing comprehensive support to founders and their companies. Nate will focus on supporting the firm's Life Sciences portfolio, including fundraising, strategy, and corporate development, and Katja will manage marketing for Playground and advise portfolio companies in the areas of marketing, communications and go-to-market strategies.
Key Points:
- PALO ALTO, Calif., Aug. 3, 2023 /PRNewswire-PRWeb/ -- Playground Global, a deep-tech venture capital firm with over $1 billion in AUM, today announced the hiring of two veteran operating partners, Nate Chang and Katja Gagen.
- Nate will focus on supporting the firm's Life Sciences portfolio, including fundraising, strategy, and corporate development, and Katja will manage marketing for Playground and advise portfolio companies in the areas of marketing, communications and go-to-market strategies.
- "Joining Playground provides an opportunity to take my experience and relationships in the life sciences and support the next generation of incredible scientists that Playground has and continues to invest in," said Nate Chang, Operating Partner at Playground Global."
- Playground Global supports a remarkable collection of companies driving change in areas like energy transformation, robotics and automation, life sciences, next-gen compute, and more," said Katja Gagen, Operating Partner at Playground Global.
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Woman Seattle, WA, March 23, 2023 (GLOBE NEWSWIRE) -- Outpace Bio , a company using protein design and cell engineering to create advanced cell therapies, today announced that Dr. Bahija Jallal has joined its Board of Directors.
Key Points:
- Seattle, WA, March 23, 2023 (GLOBE NEWSWIRE) -- Outpace Bio , a company using protein design and cell engineering to create advanced cell therapies, today announced that Dr. Bahija Jallal has joined its Board of Directors.
- Bahija Jallal, CEO and Director of the Board of Immunocore, a commercial-stage biotechnology company oversaw the historic regulatory approval of the world’s first T cell receptor (TCR) therapy for a solid tumor.
- “The Outpace team has potentially cracked the code by creating entirely new protein functions from scratch,” said Jallal.
- The Series A funding has enabled Outpace to establish its cell programming platform and its partnership approach to development.
Retrieved on:
Wednesday, January 25, 2023
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AI “To create effective and safer small molecules against undruggable diseases, there is a significant need to develop tools that can accurately predict 3D RNA structures,” said Raphael Townshend, Ph.D., Founder and CEO of Atomic AI.
Key Points:
- “To create effective and safer small molecules against undruggable diseases, there is a significant need to develop tools that can accurately predict 3D RNA structures,” said Raphael Townshend, Ph.D., Founder and CEO of Atomic AI.
- “Atomic AI is oriented at the cutting edge of AI, RNA, and structural biology.
- Beyond RNA-targeted molecules, the integrated platform will also enable the design of RNA-based medicines and RNA tools.
- “Atomic has created a sophisticated and integrated AI engine that will transform the discovery and development of RNA-targeted medicines.”
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Tuesday, September 13, 2022
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Natural Resources Ideon Technologies, a global pioneer in high-resolution subsurface imaging for the mining industry, announced it closed a US$16M Series A funding round, led by Playground Global.
Key Points:
- Ideon Technologies, a global pioneer in high-resolution subsurface imaging for the mining industry, announced it closed a US$16M Series A funding round, led by Playground Global.
- The Discovery Platform integrates proprietary muon detectors, imaging systems, inversion technologies, and artificial intelligence to deliver exceptional locational accuracy with higher spatial resolution than any other existing technique.
- Ideon maps the intensity of muons underground and constructs detailed 3D density profiles of underground anomalies such as mineral and metal deposits, air voids, caves, and other structures.
- Ideon is already working with some of the worlds largest, most innovative mining companies and critical mineral suppliers, including BHP, Glencore, and Vale.