Velocity
This Week's Stories
Manas AI

Manas AI

AI · Healthcare · Biotech

Funding

Reid Hoffman reportedly raises $24.6M for AI cancer startup Manas AI

August 7, 2026

Raised

$25M

Pairing a serial tech founder with a Pulitzer-winning oncologist aims to compress years of cancer drug discovery into months.

  • Reid Hoffman, LinkedIn's co-founder, has raised $24.6 million for Manas AI, a new AI-driven cancer-research venture, according to reports citing the Wall Street Journal.
  • Manas AI pairs Hoffman's experience scaling tech platforms with co-founder Siddhartha Mukherjee, the Columbia oncologist whose book 'The Emperor of All Maladies' won the Pulitzer Prize.
  • The startup intends to apply machine learning to large genomic and clinical datasets to identify new cancer therapeutic targets and speed early-stage drug development.
  • Hoffman previously turned a stalled first attempt, SocialNet, into lessons that shaped LinkedIn, which he eventually helped grow into a $26.2 billion exit.
  • The raise reflects growing investor appetite for combining AI engineering talent with deep clinical expertise to attack slow, expensive oncology drug discovery.

Get the app

Stay Ahead With Velocity

Deep company profiles, investor context, and every original source behind this story — plus the next one, the moment it breaks.

Download on the App StoreGet it on Google Play

More This Week

View All →