PayPal Ventures participated in a $35 million Series B funding round for Mendel, an AI-powered clinical intelligence company, on March 27, 2025. The round was led by Base10 Partners.
Mendel focuses on leveraging artificial intelligence to extract and analyze clinical data, aiming to improve healthcare outcomes. This investment reflects PayPal's strategic interest in advanced AI technologies.
PayPal Ventures' involvement in this funding round indicates its commitment to supporting innovation across various sectors, particularly those that utilize cutting-edge technology like AI.
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