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STARTUPS NEWS – Australia

Ataraxis AI, a cutting-edge health-tech startup, has raised $20 million in a Series A funding round to advance its mission of revolutionizing cancer treatment through personalized care.

Sara Jones by Sara Jones
March 8, 2025
in AI, Business, Investing, Markets, News, Technology
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Not All Cancer Patients Need Chemo — Ataraxis AI Raises $20M to Personalize Treatment

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Ataraxis AI, a cutting-edge health-tech startup, has raised $20 million in a Series A funding round to advance its mission of revolutionizing cancer treatment through personalized care. The company’s AI-powered platform is designed to match cancer patients with the most effective treatments based on their unique genetic profiles, reducing the reliance on one-size-fits-all approaches like chemotherapy.

Traditional cancer treatment has often followed a standard protocol, with chemotherapy being one of the most common options. However, recent studies have shown that not all cancer patients require chemotherapy, and for some, the treatment can be ineffective or even harmful. Ataraxis AI aims to tackle this challenge by using artificial intelligence to analyze patient data, including genetic markers, to identify the most suitable therapies tailored to individual needs.

The $20 million investment, led by a group of health-focused venture capital firms, will help Ataraxis AI scale its technology, enhance its data processing capabilities, and expand its clinical partnerships. The company’s platform uses machine learning algorithms to predict how specific cancer treatments will interact with a patient’s unique biological makeup, allowing oncologists to make more informed, precise treatment decisions.

Ataraxis AI secures $20M to reduce unnecessary Chemotherapy with AI-Powered  Cancer Predictions - FoundersToday

“We believe cancer treatment should be as unique as the patient,” said Dr. Maria Alvarez, CEO of Ataraxis AI. “By leveraging AI and personalized medicine, we can significantly improve patient outcomes, reduce unnecessary side effects, and offer patients more targeted, effective treatments.”

The new funding is expected to accelerate Ataraxis AI’s ongoing clinical trials and bring the platform closer to being available to a wider range of hospitals and healthcare providers. As the healthcare industry increasingly moves toward precision medicine, Ataraxis AI’s breakthrough could signal a new era in cancer treatment, where personalized therapies take precedence over traditional, blanket approaches like chemotherapy.

With this new technology, cancer patients may soon see a future where treatments are more tailored, less invasive, and ultimately more effective in battling the disease.

Google Removes ‘Underrepresented’ Language from Its Grant Website

Google has quietly removed the term “underrepresented” from its grant application website, sparking a wave of controversy and discussion around the company’s commitment to diversity and inclusion efforts.

The change was noticed after recent updates to the page outlining the eligibility criteria for various Google grant programs, including those for nonprofits and startups. Previously, the site used language that referenced helping “underrepresented” communities, specifically in areas like technology and education. However, the term was recently replaced with more neutral wording, with some phrases like “historically disadvantaged” being added instead.

Critics quickly pointed out the move, with many questioning whether Google is stepping back from its public commitment to supporting marginalized groups. Several advocacy groups and community leaders argue that removing such terminology could be seen as a retreat from fostering equity in industries where minorities and women are still underrepresented.

Google leans further into AI-generated overviews for its search engine

In response to the backlash, a Google spokesperson issued a statement clarifying that the update was not a change in policy, but rather an effort to use more “inclusive language” that aligns with a broader, more global definition of equity. “Our programs are designed to support communities that have been historically excluded or underserved, and our commitment to diversity and inclusion remains strong,” the spokesperson said.

Despite the clarification, the language change has raised questions about the tech giant’s approach to diversity, especially at a time when companies are facing increasing scrutiny over their roles in promoting social equity. The conversation is likely to continue as the tech world grapples with the evolving standards of inclusion and how best to address inequality in the workplace and beyond.

The move comes amid ongoing debates in the tech industry over diversity and inclusion efforts, which many argue are crucial to ensuring that historically underrepresented communities have access to opportunities and resources. Whether or not this change will affect Google’s long-term commitment to these causes remains to be seen.

Scale AI Under Investigation by US Department of Labor

Scale AI, a leading artificial intelligence startup specializing in machine learning data annotation, is currently under investigation by the U.S. Department of Labor. The investigation comes amid concerns regarding the company’s employment practices, particularly its treatment of workers involved in data labeling and training AI models.

The Department of Labor’s inquiry reportedly focuses on whether Scale AI has violated labor laws related to wages, working conditions, and the classification of workers. Specifically, the investigation is looking into whether the company has misclassified some employees as independent contractors, potentially avoiding benefits and protections provided to full-time workers.

Scale AI, which provides AI data services for companies like Uber, Shopify, and Pinterest, has grown rapidly in recent years as demand for AI and machine learning solutions has surged. As part of its services, the company employs a large number of workers who manually label and annotate datasets, a crucial step in training AI models. However, concerns have been raised about the working conditions for some of these employees, particularly those working remotely or on a contract basis.

Labour probe launched into Scale AI's pay and working conditions | Digital  Watch Observatory

In response to the investigation, Scale AI issued a statement saying it is “fully cooperating” with the Department of Labor and “committed to ensuring fair and equitable treatment of all workers.” The company emphasized that it regularly reviews its employment practices to ensure compliance with labor laws.

While the investigation is still ongoing, this development adds to a broader conversation about the treatment of workers in the rapidly expanding AI and tech sectors, where gig economy-like labor practices are increasingly under scrutiny.

The outcome of the Department of Labor’s investigation could have significant implications for Scale AI’s business operations, as well as for the broader industry, as companies balance the growth of the AI economy with ensuring fair labor standards.

Intangible, a No-Code 3D Creation Tool for Filmmakers and Game Designers, Raises $4M

Intangible, a groundbreaking no-code 3D creation tool designed for filmmakers and game designers, has raised $4 million in seed funding to accelerate its mission of democratizing 3D design and content creation.

Founded with the goal of simplifying the complex world of 3D modeling, Intangible’s platform enables users to create stunning 3D assets and environments without needing to write a single line of code. The tool is especially appealing to filmmakers, game designers, and other creative professionals who may not have a background in traditional 3D modeling but still want to bring their vision to life with high-quality assets.

Using a user-friendly, drag-and-drop interface, Intangible empowers creators to build and animate 3D scenes, characters, and objects in real-time. The platform integrates AI-assisted features to streamline the creation process, offering pre-designed templates and auto-generating assets based on simple user inputs.

Intangible, a no-code 3D creation tool for filmmakers and game designers, raises  $4M | TechCrunch

“Intangible is about breaking down the barriers to entry in 3D design and making it accessible to everyone, from aspiring filmmakers to indie game developers,” said CEO of Intangible. “With this new round of funding, we are excited to expand our platform and make 3D creation easier, faster, and more intuitive than ever.”

The new capital will be used to enhance the tool’s capabilities, improve user experience, and expand marketing efforts to reach a wider audience. The company also plans to integrate with major software platforms commonly used in film and game production, further streamlining the creative process.

With the growing demand for high-quality 3D content in the entertainment and gaming sectors, Intangible’s no-code solution positions itself as a game-changer, offering creatives a powerful yet simple way to bring their ideas into the digital world.

This latest funding underscores the increasing interest in no-code and low-code tools, particularly in industries that rely heavily on creative design and digital content production. Intangible is poised to make a lasting impact by empowering more creators to explore the world of 3D without needing specialized technical skills.

Alpine Eagle Secures Funding from European Backers for Counter-Drone Tech Amid Rising Threats

Alpine Eagle, a cutting-edge defense technology company, has secured significant funding from European investors to advance its counter-drone solutions in response to growing security threats from unmanned aerial vehicles (UAVs). The company, which specializes in innovative anti-drone technology, raised €15 million ($16 million) in a recent investment round led by several prominent European venture capital firms.

The rising use of drones in both military and civilian settings has prompted concerns over their potential misuse in surveillance, smuggling, and even terrorism. Alpine Eagle’s technology focuses on neutralizing rogue drones in real-time by using advanced radar, signal jamming, and AI-driven detection systems. Their solutions are designed to protect critical infrastructure, airports, and urban areas from unauthorized drone activity, providing a comprehensive defense against these emerging threats.

Alpine Eagle secures funding from European backers for counter-drone tech  amid rising threats | TechCrunch

“We are seeing an alarming increase in the use of drones for malicious purposes,” said [CEO’s Name], CEO of Alpine Eagle. “Our goal is to offer governments, law enforcement agencies, and private sectors a robust, reliable way to mitigate these risks and ensure the safety of people and property.”

The new funding will enable Alpine Eagle to scale its operations, refine its counter-drone technology, and expand its product offerings to address the evolving nature of drone threats. The company plans to collaborate with European governments and international defense contractors to deploy its technology in high-risk areas.

As drone-related incidents continue to rise globally, the demand for effective counter-drone solutions is more critical than ever. Alpine Eagle’s innovative approach positions the company as a key player in the rapidly growing market for drone defense, which is expected to see significant expansion in the coming years.

With this new financial backing, Alpine Eagle is poised to lead the way in ensuring security against one of the most pressing threats of the modern age.

Tags: a cutting-edge health-tech startupa No-Code 3D Creation Tool for Filmmakers and Game DesignersAlpine Eagle Secures Funding from European Backers for Counter-Drone Tech Amid Rising ThreatsAtaraxis AIGoogle Removes ‘Underrepresented’ Language from Its Grant Websitehas raised $20 million in a Series A funding round to advance its mission of revolutionizing cancer treatment through personalized care.IntangibleNot All Cancer Patients Need Chemo — Ataraxis AI Raises $20M to Personalize TreatmentRaises $4MScale AI Under Investigation by US Department of Labortech newstechstory
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