Earlier this week we hosted a Healthcare x AI event along with Bessemer Venture Partners and Formation. We explored the state of Health Tech and the challenges of building, raising and scaling in the Age of AI. Big shoutout to Sofia Guerra who shared insights from her most recent State of Health Tech report, and Innospark's Mark Legare, Leeor Mushin of Formation, and Eirini Schlosser founder and CEO of Dyania Health for leading the discussion. From navigating the Series A/B crunch in private markets to defining benchmarks and KPIs for different business models and what is needed to raise in this space, the discussions were rich with insight. We're grateful to our co-hosts and everyone who participated! #HealthTech #AI
Innospark Ventures
Venture Capital and Private Equity Principals
Boston, Massachusetts 2,303 followers
We invest in startups leveraging AI to create a differential impact on society.
About us
We are a new breed of early-stage venture capital firm. Exclusively focused on AI, employing a builder's mindset, we are curious, rigorous and thoughtful partners, investing our own capital. AI Expertise Thought partners to technical founders and teams, understanding your approach, your data, your pipeline, and your algorithmic ambitions Entrepreneurial Mindset Supporting founders with the perspective of proven operators and builders, betting on people and long-term value Expansive Network Founders join an accessible community of experts, advisors, strategics, prospects, executives, and other investors Extensive Experience Support, guidance, and mentorship from partners who have walked your path several times
- Website
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https://innospark.vc/
External link for Innospark Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Boston, Massachusetts
- Type
- Privately Held
- Founded
- 2018
- Specialties
- Artificial Intelligence, Seed Stage, Early Stage, Healthcare, Life Sciences, B2B Enterprise, Education, Cyber Security, Disruptive Tech, and Climate Tech
Locations
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Primary
Get directions
Back Bay
Boston, Massachusetts 02116, US
Employees at Innospark Ventures
Updates
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Dyania Health has closed a $10M Series A funding round led by HealthX Ventures, with participation from Tech Square Ventures and Cleveland Clinic Ventures. This investment will fuel their growth, further expanding their AI capabilities and building new partnerships to drive improved outcomes in clinical research and patient care. Dyania also announced a formal partnership with the Cleveland Clinic. This collaboration will see Dyania’s Synapsis AI platform deployed enterprise-wide across the Cleveland Clinic. Rohit Chandra, Cleveland Clinic’s Chief Digital Officer, stated: “Artificial intelligence has the potential to enhance patient care and increase the speed of medical research. Our efforts with Dyania Health combine deep computational and medical expertise.” Congratulations to Eirini Schlosser and the entire Dyania Health team! We’re excited to see what you'll achieve next. Read Fierce Healthcare's article here: https://bit.ly/4e03HyD
Exciting news on Fierce Healthcare! 🎉 Dyania Health - announcing our $10M in Series A funding, led by HealthX Ventures, with participation from Tech Square Ventures, Cleveland Clinic Ventures, and our existing investors. This milestone brings us closer to revolutionizing patient care and medical research with our proprietary AI platform, Synapsis AI. What takes a human 30 minutes, Synapsis AI can accomplish in under 0.5 seconds at 94% accuracy vis-a-vis human clinicians —boosting the accuracy and speed of clinical trial pre-screening, automated chart review, and registry reporting. A big thank you to our incredible team and partners for believing in our mission to transform healthcare through cutting-edge technology. This is just the beginning! 🚀 #AIinHealthcare #SeriesAFunding #ClinicalResearch #DyaniaHealth #HealthTech #SynapsisAI https://lnkd.in/dv6xznbG And most importantly THANK YOU to: Our team 💪 who got us here: Weiqi Sun, Jason Cannavale, Teresa Fletcher, CHP, Konstantinos Bakogiannis, MD, Aphrodite Theodorakopoulou, Dino Z., Katerina Karathanasopoulou, Olga T., George Sakkis, Vaibhav Mavi, Fotini Tsakalidi, Theofanis Alexandris, Kelly Silvey, Nikos Gerontakis, Craig Thompson, Panagiota Kypraiou, Ross Palmer, along with all our newest Dyanians who joined over the last year of fast growth + Honorary Dyanians 🙌 - Matt Fates, Mark Legare, David Lehmann, Bill Theofilou, Helaine Catalano, CPC,ACC, Alex Rubalcava, Lauren DeLuca, David Wieland, DIMITRIOS ILIOPOULOS, Amit Garg, Theodore Seem, Philip Poulidis, Stergios Anastasiadis, Dimitris Maroulis + Our Newest Dyanians 👊 - Rohit Chandra, Lara Jehi, MD, MHCDS, Todd Schwarzinger, M. Trejeeve (Tre) Martyn, Aaron Gerds, MD, MS, Mark Bakken, Kristi Ebong, Laura Hilty, Blake Patton, Jason Kuo
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We're thrilled to announce our investment in Phaseshift Technologies! Phaseshift Technologies has successfully closed a $3 million Seed financing round. Innospark Ventures is proud to support this company alongside Draper Associates, First Star Ventures and Hustle Fund's angel investors. The Toronto-based startup is revolutionizing material discovery through AI. Their Rapid Alloy Design (RAD)™ platform accelerates the creation of next- generation alloys and composites to solve often overlooked industrial problems. Phaseshift is making advanced material solutions more accessible, helping industries overcome limitations related to efficiency and sustainability. We're incredibly excited to partner with Fazal Mahmood, Gurjot Dhaliwal, Abu Anand and the talented Phaseshift team as they revolutionize the materials science landscape! Read the press release here: https://bwnews.pr/48gGVkN #AI #MaterialScience #Innovation #SeedFunding
Phaseshift Technologies (https://phaseshift.ai) is excited to announce the successful closing of a US $3 (CA $4.1) million seed financing round. The round was led by Innospark Ventures, with significant participation from Draper Associates and follow-on investment from First Star Ventures, which had previously contributed to Phaseshift's pre-seed financing. Additional support came from angel investors through Hustle Fund. Read More: https://lnkd.in/gxeYYC6T. Fazal Mahmood Gurjot Dhaliwal Abu Anand Zhen Li Osazee Ero
Phaseshift Technologies Closes US $3 (CA $4.1) Million Seed Financing to Design Next-Generation Materials Using A.I.
businesswire.com
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Congratulations to the Antiverse team on their $4.6M funding round! We're proud to support their mission to make GPCRs and other challenging targets druggable, moving closer to life-changing therapies. Excited to see what’s next! #AI #Biotech #GPCR #AIforGood
We are thrilled to announce the success of our most recent funding round! 🎉 $4.6M of capital from investors brings our total funding to $10.1M, helping us continue pushing antibodies against GPCRs towards the clinic with our pharmaceutical partners. Our investors make our work possible. We extend our deepest gratitude to every one of them, old and new, who are supporting our journey towards making GPCRs and other challenging targets druggable. With each milestone, we come closer to changing patients' lives across the globe. Read more: https://hubs.ly/Q02Tpb1V0 #antibodydiscovery #pressrelease #pharma
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A huge congratulations to Ramses Alcaide and the entire Neurable team! They’ve hit an incredible milestone, launching their first AI-powered product in collaboration with Master & Dynamic. Check out the Neurable feature by Billy Steele at Engadget: https://engt.co/4ehiUMF Visit Master & Dynamic to order a pair: https://bit.ly/3Blasxw #InnosparkVentures #AI #Innovation
What an incredible journey it’s been! After 10+ years of innovation and perseverance, we’ve reached a major milestone this week – launching our first consumer product powered by Neurable AI in collaboration with Master & Dynamic. The excitement is real, and we’ve been thrilled to see the amazing reviews pouring in! We can’t wait for you to experience it firsthand and share in the excitement with us. Check out this great feature by Billy Steele at Engadget: https://lnkd.in/dg5Rnkpx
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At last week's TiECON East 2024, Innospark's Founder Venkat Srinivasan gave a talk on "Hype vs. Substance" in AI. He spoke about the opportunities for startups to leverage AI, the shortcomings of LLMs, and why AI is so much more than just GenAI. Thanks to TiE Boston for hosting a great event! #ai #startup
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Innospark's Senior Associate Jeff Knox kicked off Startup Boston Week with a session on understanding term sheets. We're proud to support a dynamic event highlighting Boston's vibrant startup ecosystem! #SBW2024
Happy Startup Boston Week! I was excited to kick things off today with a conversation on understanding term sheets. Thanks to a great audience for the questions and conversation Innospark Ventures #SBW2024
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The Innospark team is growing! We're excited to welcome Marjan Majid as our newest Analyst. Marjan brings a wealth of experience in healthcare, life sciences, and early-stage venture. She has a passion for innovation and holds her Master’s in Bioengineering from Rice University and her bachelor's in biomedical engineering from the University of Texas at Austin. Marjan will be a valuable asset as we continue to support innovative startups. Welcome to the team, Marjan! Learn more about Marjan and her journey here: https://lnkd.in/ehKXgFGc
Welcome Marjan Majid!
innospark.vc
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A brand is arguably a company's most valuable asset. Yet, protecting it can be a complex and costly process. Haloo is changing that. Their AI-powered platform is revolutionizing trademark search and protection, making it accessible and affordable for businesses of all sizes. In our latest blog "Why we Invested - Haloo," Eon Mattis notes "Haloo's platform democratizes brand protection by making it accessible to many SMB owners who previously couldn't afford it due to high associated costs." We're excited to partner with Julie MacDonell and the Haloo team as they disrupt the legal tech industry. Read the full blog here: https://lnkd.in/eqUzxC8N #Haloo #LegalTech #Trademark #AI #aiforgood
Why We Invested - Haloo
innospark.vc
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Perceptive Technologies has completed the world's first fully automated dental procedure on a human using AI driven robotics! Perceptive's innovative system combines advanced 3D imaging technology with robotic precision to transform the dental experience. By using optical coherence tomography (OCT), the system creates highly accurate 3D images of teeth and surrounding tissue, enabling the robot to plan and execute procedures with unprecedented precision. This breakthrough "enhances precision and efficiency of dental procedures, and democratizes access to better dental care, for improved patient experience and clinical outcomes" said CEO and founder Dr. Chris Ciriello. We're excited to see the impact this technology will have on the dental industry. Congratulations to Dr. Chris Ciriello, Phillip Getto and the entire Perceptive team. Read Evan Ackerman article in IEEE Spectrum here: https://lnkd.in/eqDfPXw8 Check out the press release here: https://bit.ly/4dq8cmu
A Robot Dentist Sounds Like a Pretty Good Idea, Actually
spectrum.ieee.org