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HealthCare focused AI Startups from the 100 Companies Leading the Way in A.I. Globally

Reporter: Aviva Lev-Ari, PhD, RN

These 100 Companies Are Leading the Way in A.I.

By Nicolas Rapp and Brian O’Keefe

3.4.4   HealthCare focused AI Startups from the 100 Companies Leading the Way in A.I. Globally, Volume 2 (Volume Two: Latest in Genomics Methodologies for Therapeutics: Gene Editing, NGS and BioInformatics, Simulations and the Genome Ontology), Part 2: CRISPR for Gene Editing and DNA Repair

January 8, 2018

Whether you fear it or embrace it, the A.I. revolution is coming—and it promises to have an enormous impact on the world economy. PwC estimates that artificial intelligence could add $15.7 trillion to global GDP by 2030. That’s a gargantuan opportunity. To identify which private companies are set to make the most of it, research firm CB Insights recently released its 2018 “A.I. 100,” a list of the most promising A.I. startups globally (grouped by sector in the graphic above). They were chosen, from a pool of over 1,000 candidates, by CB Insights’ Mosaic algorithm, based on factors like investor quality and momentum.

• China’s Bytedance leads in funding with $3.1 billion, but
• 76 of the 100 startups are U.S.-based.

Observations:

• A Focus on Health Care and Life Sciences Sectors show that of 100 AI start ups, only 9 are in Health Care that made the cut from the initial 1,000 start ups considered for inclusion in the classification by Sector done by CB Insights, using CB Insights’ Mosaic algorithm
• Three US Based AI start ups in Health Care have already funding exceeding $100 Million:

1. Flatiron Health – $313 Million
2. Recursion Pharmaceuticals – $118.62 Million
3. Zymergen – $174 Million

• That list does not include Health Care related AI investments in Non start ups.
• In the US, Non start ups Health Care related AI investments include the following:

Veterans Health Administration – Veterans Affairs

https://www.va.gov/health/

NIH

Health Care HMOs:

Kaiser Permanenete, Partners

Health Care Insurance Companies:

United HealthCare, Blue Cross Blue Shield

Academic Hospitals:

MGH, Duke Medical Center, Stanford Medical Center,

2018 Annual World Medical Innovation Forum

Artificial Intelligence

April 23–25, 2018
Boston, Massachusetts  |  Westin Copley Place
For inquiries: WMIF@partners.org

The World Medical Innovation Forum is a global gathering of more than 1,000 senior health care leaders in the heart of Boston. It was established to respond to the intensifying transformation of health care and its impact on innovation. The Forum is rooted in the belief that no matter the magnitude of that change, the center of health care needs to be a shared, fundamental commitment to collaborative innovation – industry and academia working together to improve patient lives.

ARTIFICIAL INTELLIGENCE
APRIL 23–25, 2018

BOSTON, MA • UNITED STATES

ORIGINAL Source:

CB Insights; for the complete list, go to cbinsights.com/research-ai-100.

A version of this article appears in the Jan. 1, 2018 issue of Fortune with the headline “Leading the Way in A.I.”

Second SOURCE

http://fortune.com/2018/01/08/artificial-intelligence-ai-companies-invest-startups/