Insilico Medicine Announces New Investment Led By Aramco-Backed Prosperity7 Ventures, Bringing Total Series D Financing To $95 Million
Insilico Medicine Announces New Investment Led By Aramco-Backed Prosperity7 Ventures, Bringing Total Series D Financing To $95 Million
08/10/22, 12:56 PM
Location
new york
Industry
machine learning
artificial intelligence
biotechnology
Round Type
series d
HIGHLIGHTS:
Company Info
Location
new york, united states
Additional Info
The company has developed AI platforms that utilize deep generative models, reinforcement learning, transformers, and other modern machine learning techniques to discover novel targets and to design novel molecular structures with desired properties. Insilico has co-development and software licensing deals with a number of major pharmaceutical companies.