How UCLA-Backed Biotech Firm Avenda Health is Using AI to Map Cancer Tumors

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

How UCLA-Backed Biotech Firm Avenda Health is Using AI to Map Cancer Tumors
Avenda Health

Last year, the Massachusetts Institute of Technology began testing an artificial intelligence platform called Tempo that used a risk-assessment algorithm to recommend mammogram screenings. By feeding the AI personal health data, including risk factors, existing diagnoses and prior screening information, Tempo was able to recommend to clinicians when to schedule exams for breast cancer.


The algorithm was an early example of the push to use bots to screen for and detect cancers. More recently, Avenda Health, a Culver City-based biotech firm, announced the development of a platform called Unfold AI—a breakthrough device that uses AI to create maps of prostate cancer tumors. The technology works by using machine learning to analyze existing patient health information to create a digital map of where prostate tumors reside, with the goal of using that imaging to better administer life-saving surgeries to patients.

Currently, the mapping is done via MRI. While MRIs do work, Avenda Health co-founder Dr. Shyam Natarajan claimed Unfold AI’s imaging is more comprehensive, adding that with MRIs you can only see “only 39% of finding all the cancer, we’re boosting that to 97%.”

To develop the device, Avenda partnered with Bioscience LA, a nonprofit that was founded by the city of Los Angeles in 2018 to foster growth in the region’s bioscience industries and backed by some of Southern California’s biggest healthcare providers and biopharmaceutical companies including Amgen, Cedars-Sinai and City of Hope.

In addition, the FDA announced a “breakthrough device” designation to allow Avenda to begin testing the products on patients.

Natarajan co-founded Avenda Health in 2017 alongside Dr. Brit Berry-Pusey and Dr. Leonard Marks as a spinout of UCLA. The company has raised $16 million to date, including a grant from the National Cancer Institute and a $10 million Series B last June. Avenda recently announced it will expand its space at the Bioscience LA incubator, with its roughly 18 employees occupying 2,200 square feet in BioscienceLA’s Culver City headquarters.

According to the U.S. Centers for Disease Control and Prevention, prostate cancer is the second most common cancer among men in the U.S. In 2019, the disease affected an estimated 21,769 men in California alone. The problem Avenda is trying to solve in part is that most men don’t get screened for prostate cancer because they either aren’t aware of the need or are concerned about the intrusiveness of getting an exam.

More importantly, Natarajan hopes the device can help with the invasiveness of prostate surgery as well. While it doesn’t perform surgeries, Unfold AI does create detailed imaging of a prostate cancer tumor, which allows surgeons to more specifically pinpoint what to remove.

He likened current prostate cancer treatments to cutting your whole hand off if you noticed a mole on it. “Even though one out of every seven or eight men have a lifetime risk of getting this disease, about 50% or more of men end up losing their quality of life, their sexual and urinary function, and sometimes bowel function as a result of treatments.”

In those cases, removing cancer cells opens the door to a new kind of physical torture. “We do a really good job of screening patients and selecting them for risk of prostate cancer,” said Natarajan. “[But] we have not done a great job of correctly stratifying who's actually going to be benefiting from therapy and who is going to benefit from that preservation of quality of life from a localized treatment that doesn’t need to treat the entire cancer or the entire gland."

Unfold AI won’t prevent prostate cancer, certainly. But, Natarajan added, “It’s a leap forward in how we're able to actually identify patients with prostate cancer and their tumors. To really inform better decisions for therapy and to give a better target for physicians to go and take out the cancer while leaving those critical structures that control quality of life, intact.”

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Billion-Dollar Milestones and Snapchat’s New Features

🔦 Spotlight

Happy Friday Los Angeles!

This week’s spotlight showcases LA’s thriving tech scene, featuring Snapchat’s latest feature updates and two local startups Liquid Death and Altruist, making TechCrunch’s Unicorn List for 2024.

Image Source: Snap

Snapchat’s recent fall updates bring fresh features, including a new iPhone camera shortcut for instant snaps, Halloween-inspired AI-powered Lenses, and Bitmoji costumes inspired by Mean Girls and Yellowstone. Bitmoji stickers now reflect trending Gen-Z expressions like “slay” and heart symbols for added flair in chats. Plus, the “Footsteps” feature on Snap Map allows users to track their past adventures privately, adding a nostalgic touch.

Image Source: Liquid Death

ICYMI, two LA startups joined the Unicorn Club—achieving valuations over $1 billion. Liquid Death, based in Santa Monica, is a canned water company with edgy branding and a humorous sustainability focus. Known for viral marketing and brand partnerships, it redefines bottled water as a lifestyle brand and environmental statement. In March, Liquid Death closed $67 million in strategic financing, raising its total funding to over $267 million and valuing it at $1.4 billion.

Image Source: Altruist

Altruist, a Culver City-based fintech platform, offers financial advisors streamlined tools to better serve their clients. With a user-friendly investment and account management platform, Altruist has gained strong traction in the finance world. In May, it announced a $169 million Series E funding round, bringing its total funding to over $449 million and earning a valuation of $1.5 billion.

Together, Liquid Death and Altruist exemplify LA’s capacity for innovation across diverse sectors, from lifestyle branding to fintech. Whether reshaping financial tools or redefining sustainable branding, these companies showcase LA’s unique entrepreneurial spirit. Go LA!

Check out TechCrunch’s 2024 Unicorn List here. And don’t miss Snapchat’s latest features—perfect for adding some fun, connection and maybe a few selfies this weekend!


🤝 Venture Deals

LA Companies

  • Freeform, a company bringing AI to metal 3D printing, raised $14M in funding from NVIDIA’s NVentures and AE Ventures to further develop its AI-powered 3D printing technology for industrial-scale production. - learn more
LA Venture Funds
  • Anthos Capital participated in a $70M Series D round for Carbon Robotics, which develops AI-powered robotics for precision agriculture, and the funding will be used to accelerate the growth of its autonomous weeding technology. - learn more
  • Anthos Capital participated in a $3.5M seed round for Plasma Network, aimed at expanding access to USDT stablecoins on the Bitcoin network, with the investment supporting the network’s growth and efforts to enhance stablecoin accessibility through the Lightning Network. - learn more

LA Exits


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      ⚖️FTC’s "Click to Cancel" Rule and Its Ripple Effect on Tech

      🔦 Spotlight

      Happy Friday Los Angeles,

      The FTC’s new “Click to Cancel” rule is shaking up subscription-based tech. Now, instead of navigating a maze of cancellation hurdles, users can cancel subscriptions as easily as they signed up—with a single click. This shift is a wake-up call for SaaS, streaming, and app-based companies, where once-hidden exit options often kept users around simply because canceling was a hassle.

      The rule also requires businesses to send regular renewal reminders, ensuring customers stay informed about upcoming charges. It's more than a cancellation button—it’s about transparency and giving users control over their decisions.

      For startups, the impact goes deeper than UX adjustments. Many have relied on "dark patterns," which subtly discourage cancellations by hiding the exit. Now, companies must shift toward building genuine loyalty by delivering real value, not by complicating exits.

      While this might affect retention rates initially, it could lead to more sustainable business models that rely on satisfaction-driven loyalty. Investors may start prioritizing companies that emphasize transparent, long-term engagement over those that depend on dark patterns to maintain retention metrics.

      The rule opens the door to more ethical UX design and a truly user-centered approach across the tech industry. It may even set a precedent against manipulative design in other areas, such as privacy settings or payment methods.

      Ultimately, the “Click to Cancel” rule presents an opportunity for the tech industry to foster trust and build stronger customer relationships. Startups and established companies that embrace transparency will likely stand out as leaders in a new era of customer-centric tech, where trust—not tricky design—is what retains users.

      As the tech landscape continues to evolve, LA Tech Week 2024 offers a chance to explore these shifts in real-time. Check out the upcoming event lineups to stay informed and make the most of your time:

      For updates or more event information, visit the official Tech Week calendar.


      🤝 Venture Deals

      LA Companies

      • Ghost, a company supporting top brands and retailers with streamlined logistics and fulfillment solutions, raised a $40M Series C funding round led by L Catterton to fuel its continued growth and innovation. - learn more

      LA Venture Funds
      • Assembly Ventures participated in a $27M Series A round for Monogoto, a provider of software-defined connectivity solutions that enable secure, cloud-based IoT and cellular network management on a global scale. - learn more
      • Angeleno Group participated in a $32M Series C round for REsurety, a company that recently launched an innovative clean energy marketplace aimed at providing better financial and operational insights to support renewable energy transactions. - learn more

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        🌴🧑‍💻 Your Guide to LA Tech Week 2024

        🔦 Spotlight

        Happy Friday Los Angeles,

        As many of you know, LA Tech Week is right around the corner, kicking off next Monday October 14th bringing together founders, creatives, investors, and engineers for a week of immersive events, panels, and socials across the city. From blockchain and AI to biotech and design, LA Tech Week is a chance to dive into the ideas shaping today’s technology landscape.


        What to Look Forward To

        Insights from Visionary Leaders: Hear firsthand from industry trailblazers as they share stories, challenges, and key lessons from their experiences. Expect fresh perspectives on AI, venture capital, biotech, and the ethical questions around emerging technologies.

        Interactive Panels: This week isn’t about watching from the sidelines; it’s about engaging directly with the tech community. Participate in hands-on panels discussing everything from startup scaling to ethical AI, with honest insights from those actively shaping these fields.

        Networking Mixers & Social Events: Meet and connect with founders, VCs, developers, designers, and fellow techies across LA. Rooftop mixers, lunch meetups, and creative gatherings offer the perfect chance to spark ideas and collaborate.

        Plan your week with the daily lineup, organized by location for easy navigation:

        For updates or more event information, visit the official Tech Week calendar.

        Enjoy LA Tech Week 2024!!


        🤝 Venture Deals

        LA Companies

        • Clout Kitchen, a Los Angeles and Manila based startup, has raised $4.45M in seed funding, co-led by a16z SPEEDRUN and Peak XV’s Surge, to develop AI-powered digital twins, which enables gaming creators to produce realistic virtual avatars for content and fan engagement. - learn more
        • MeWe, a privacy-focused social media platform, has raised an initial $6M in Series B funding led by McCourt Global to support Web3 integration and expand its decentralized network for 20 millions users. - learn more

          LA Venture Funds
          • EGB Capital participated in a $10M Series A funding round for MiLaboratories, which develops software that enables biologists to independently analyze complex genomic data, accelerating research and discovery in fields like drug development. - learn more
          • Crosscut Ventures participated in the $13.75M seed round for Airloom Energy, a company focused on developing airborne wind energy technology to harness high-altitude winds, with plans to accelerate a pilot project in Wyoming. - learn more
          • Overture VC participated in a $5.5M Seed funding round for Molg Inc., a company developing robotics and software for circular manufacturing, designed to disassemble electronics efficiently and recover valuable materials to reduce e-waste and support sustainable production. - learn more


            LA Exits

            • Options MD, a Los Angeles based telemedicine platform that provides care for people suffering from severe and treatment-resistant mental illness, is set to be acquired by Resilience Lab, an AI-driven provider focused on enhancing mental health care access. - learn more

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