BusinessScienceStartups

Generation Lab Secures $11M in Seed Funding Led by Accel to Pioneer Epigenetic Longevity Testing

Longevity startup Generation Lab has raised $11 million in seed funding led by Accel, marking the venture firm’s first investment in the longevity space. The company offers epigenetic testing that analyzes 460 biomarkers across 19 organs to provide personalized aging insights.

Venture Capital Backs Longevity Innovation

Generation Lab, a startup focused on personalized epigenetic testing, has reportedly raised $11 million in seed funding according to sources familiar with the matter. The round was led by Silicon Valley venture firm Accel, representing their first investment in the longevity sector, with participation from Samsung Next and several celebrity-backed investment vehicles.

BusinessStartups

Chess.com Founders Overcame Investor Skepticism to Build 225-Million-User Platform, Report Reveals

** Sources indicate that Chess.com’s founders faced widespread skepticism from investors and the chess community when launching their platform. According to reports, they bootstrapped the business instead, which has since grown into one of the world’s largest online chess platforms with a valuation reportedly exceeding $1 billion. **CONTENT:**

The Underdog Story of Chess.com’s Rise

HealthcareTechnology

Samsung Acquires Digital Health Platform Xealth in $115 Million Healthcare Expansion

Samsung has finalized its acquisition of digital health startup Xealth in a deal reportedly valued around $115 million. The acquisition signals Samsung’s intensified push into connected healthcare as it competes with Apple, Amazon, and Google in the rapidly evolving digital health space.

Samsung’s Strategic Healthcare Move

Samsung Electronics has completed its acquisition of digital health platform Xealth, according to reports from industry sources. The deal, reportedly valued at approximately $115 million, represents a significant expansion of Samsung’s healthcare technology portfolio as it competes with other tech giants including Amazon, Apple, and Google.