Belfast biotech company Amply raises $1.75m in seed funding to expedite cancer drug discovery, led by Twin Path Ventures.
May 01, 2025•8 months ago
Amount Raised
$1.75 Million
Round Type
seed
Investors
Qubis LtdBritish Business BankCo Fund NiVenture ScienceTwin Path Ventures
Description
Belfast-founded biotech company Amply Discovery has raised $1.75 million in seed funding to develop innovative medicines using its AI-driven drug discovery platform. The round was led by Twin Path Ventures, with participation from several investors. The funding will be used to accelerate the development of its discovery programmes through the preclinical stage. Amply is focused on tackling aggressive cancers and drug-resistant infections.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers