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Chemify Announces $43 Million Of Funding To Digitize Chemistry

PRIVATEAug 02, 2023

Amount Raised

$43 Million

Round Type

Funding Round

GlasgowBiotechnologyArtificial Intelligence

Investors

Possible VenturesBlue Yard CapitalUk Government Innovation Accelerators ProgramLee Cronin, Ceo, ChemifyHorizon VenturesRocketship VenturesAlix VenturesEosTriatomic Capital

Description

Chemify, a pioneering company operating its proprietary molecular design, discovery, and chemical manufacturing technology to provide pharmaceutical, biotechnology, and industrial partners with better molecules, today announced funding of $43 million including a Series A led by Triatomic Capital, joined by new investors including Hong-Kong based Horizon Ventures, US-based Rocketship Ventures, Possible Ventures, Alix Ventures, Scotland-based Eos, and the UK Government Innovation Accelerators program. Existing investor BlueYard Capital also participated in the round.

Quick answer

Chemify raised $43 Million in a Funding Round round, dated August 2, 2023. Investors: Possible Ventures, Blue Yard Capital, Uk Government Innovation Accelerators Program, Lee Cronin, Ceo, Chemify, Horizon Ventures, Rocketship Ventures, Alix Ventures and Eos. Chemify is based in Glasgow, Scotland, United Kingdom.

How much did Chemify raise?
Chemify raised $43 Million in a Funding Round round on August 2, 2023.
Who invested in Chemify?
Possible Ventures, Blue Yard Capital, Uk Government Innovation Accelerators Program, Lee Cronin, Ceo, Chemify, Horizon Ventures, Rocketship Ventures, Alix Ventures and Eos are named as investors in this round.
What does Chemify do?
Chemify is reimagining the discovery and synthesis of novel molecules for medicines and advanced materials by turning digital code into physical compounds through Chemputation—its fusion of robotics and AI.
Where is Chemify based and how big is it?
Chemify is based in Glasgow, Scotland, United Kingdom. Fundz records about 136 employees.
Who are the decision-makers at Chemify?
Fundz holds 1 contact at Chemify. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology and Artificial Intelligence around the same time

Companies in the same sectors as Chemify that raised within 45 days of this round, from Fundz verified event records.

  • IOMED raised an undisclosed amount (Funding Round) on September 13, 2023.
  • Tierra Biosciences raised $18M on September 8, 2023.
  • Ibex Medical Analytics raised $55M (Series C) on September 6, 2023.
  • Mimetrik raised $2.5M (Seed) on August 31, 2023.
  • Alltrna raised an undisclosed amount (Series B) on August 9, 2023.
  • Persist AI raised $4M (Seed) on August 4, 2023.

Who to call at Chemify, and when

A new round usually means Chemify is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Chemify

Location

Glasgow, Scotland, United Kingdom

About

Chemify is reimagining the discovery and synthesis of novel molecules for medicines and advanced materials by turning digital code into physical compounds through Chemputation—its fusion of robotics and AI. Headquartered in Glasgow, Scotland, the company was founded by Lee Cronin to digitalize chemistry at global scale for the benefit of humanity.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.