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Belfast-based Amply secures £1.4M for AI-powered drug discovery platform

PRIVATEFeb 12, 2024

Amount Raised

£1.4 Million

Round Type

Seed

BelfastBiotechnology

Investors

Halo Business Angel Network (Hban)TechstarsQubisBritish Business BankInvest NIClarendon Fund ManagersCo Fund NiInnosuisseInnovate UK

Description

Belfast-based Amply secures £1.4M for AI-powered drug discovery platform. Amply has confirmed the raise of over £1.4 million in grant funding to further develop its AI-powered drug discovery platform. The investment arrives in two tranches, and Amply intends to raise an additional £1.4 million in a seed funding round in the second quarter of this year.

Quick answer

AMPLY Discovery raised £1.4 Million in a Seed round, dated February 12, 2024. Investors: Halo Business Angel Network (Hban), Techstars, Qubis, British Business Bank, Invest NI, Clarendon Fund Managers, Co Fund Ni and Innosuisse. AMPLY Discovery is based in Belfast, Northern Ireland, United Kingdom.

How much did AMPLY Discovery raise?
AMPLY Discovery raised £1.4 Million in a Seed round on February 12, 2024.
Who invested in AMPLY Discovery?
Halo Business Angel Network (Hban), Techstars, Qubis, British Business Bank, Invest NI, Clarendon Fund Managers, Co Fund Ni and Innosuisse are named as investors in this round.
What does AMPLY Discovery do?
AMPLY Discovery uses machine learning and synthetic biology to mine vast biological data to discover novel biologic drug and nutraceutical candidates.
Where is AMPLY Discovery based and how big is it?
AMPLY Discovery is based in Belfast, Northern Ireland, United Kingdom. Fundz records about 6 employees.
Who are the decision-makers at AMPLY Discovery?
Fundz holds 1 contact at AMPLY Discovery. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

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

  • Manifest Technologies raised an undisclosed amount (Funding Round) on March 28, 2024.
  • Confo Therapeutics raised $1.6M (Seed) on March 28, 2024.
  • Pelago Health raised $58M (Series C) on March 28, 2024.
  • iBio raised $15M (Post-IPO Equity) on March 28, 2024.
  • Surge raised $8.1M (Funding Round) on March 28, 2024.
  • Terragia Biofuel raised $6M (Seed) on March 28, 2024.

Who to call at AMPLY Discovery, and when

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

  • An alert the day AMPLY Discovery raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AMPLY Discovery, from your own LinkedIn network

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Company Information

Company

AMPLY Discovery

Location

Belfast, Northern Ireland, United Kingdom

About

AMPLY Discovery uses machine learning and synthetic biology to mine vast biological data to discover novel biologic drug and nutraceutical candidates. Using a proprietary in silico and in vitro hybrid platform to discover best-in-class molecules AMPLY is helping tackle some of humankind's greatest challenges such as cancer, MDR infections and metabolic diseases.

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AMPLY Discovery raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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