Research Grid, an AI-driven company dedicated to automating clinical trial administration, has raised $6.5 million in seed funding to streamline trial workflows and reduce costly delays. The funding round, led by Fuel Ventures and including backers like Ada Ventures, Morgan Stanley Inclusive Ventures Lab, and Arāya Ventures, will help Research Grid expand its engineering, R&D, and marketing efforts, with a focus on US and Asian markets. This investment supports Research Grid’s mission to cut down on the labor-intensive administrative tasks that can hinder the speed and success of medical research.
Acclinate, a Birmingham, Alabama-based healthcare technology company, has completed a $7 million Series A funding round. The funding round, led by Cencora Ventures and supported by Labcorp and Latimer Ventures, aimed to enhance Acclinate’s efforts to promote health equity and transform the inclusivity of clinical trials. Transforming Clinical Trials through Trust and Technology Acclinate’s strategy aims to build trust and foster long-term relationships with diverse communities. Their digital platform, NOWINCLUDED, is designed to educate and engage underrepresented groups in clinical trials, ensuring their inclusion in medical research. The platform serves as an educational tool while
