Among the many departments and verticals that decorate the AI billboards of San Francisco and subway stops in New York - where greenfield seems plentiful whichever direction your die is cast, there’s a particular space quietly larger than much of the rest. Though enterprise procurement departments have over the past few decades supported a number of strong software outcomes, the largest opportunities in the market remain overwhelmingly untapped. Today Pranav Mulgund, Naveen Kashyap, and the rest of the team at Fragment announce their Series A; our good fortune to lead the round reflects our conviction that they will come to define the category - bringing best-in-class technical talent to turn the most languid parts of supply chain work into product that delights procurement professionals.
Today, Anthropic and BigHat Biosciences announced a historic collaboration: a single Anthropic researcher, armed with Claude, operated BigHat’s automated lab to optimize two antibodies. This marks one of the first instances of a frontier AI lab and next-gen bio lab teaming up, and a potential watershed for drug discovery.
Loop's mission is to simplify logistics payments.
I was a physics major at Davidson College with a CS minor and broadly wanted exposure to tech. Seeing as I was at a liberal arts school, there weren’t a ton of alums in the tech industry so it was more challenging to visualize my path.
Loop is simplifying freight audit and payments by transforming legacy processes with a tech-enabled approach.