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Tandemai Announces $25 Million Seed &Amp; Pre-Series A Financing Led By Orbimed And Chengwei Capital

PRIVATEDec 22, 2021

Amount Raised

$25 Million

Round Type

Seed

New YorkBiotechnologyHealth CareScience And EngineeringArtificial Intelligence

Description

TandemAI today announced it has raised $25 million in Seed and pre-Series A financing to advance its proprietary computational platform and expansion of its wet lab operations. The company will tightly integrate the computational platform with wet labs for biophysics, medicinal chemistry, and biology in order to accelerate the design and optimization of drug candidates for partners. The round was led by OrbiMed and Chengwei Capital.

Quick answer

TandemAI raised $25 Million in a Seed round, dated December 22, 2021. TandemAI is based in New York, New York, United States.

How much did TandemAI raise?
TandemAI raised $25 Million in a Seed round on December 22, 2021.
What does TandemAI do?
TandemAI is an advanced technology company dedicated to reinventing drug discovery infrastructure.
Where is TandemAI based and how big is it?
TandemAI is based in New York, New York, United States.
Who are the decision-makers at TandemAI?
Fundz holds 1 contact at TandemAI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Biotechnology around the same time

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

  • DeepCure raised $40M (Series A) on November 8, 2021.
  • Dewpoint Therapeutics raised $150M on February 4, 2022.
  • Dewpoint Therapeutics raised $150M (Series C) on February 3, 2022.
  • Septerna raised $100M (Series A) on January 27, 2022.
  • Kyverna Therapeutics raised $85M (Series B) on January 26, 2022.
  • Advanced NanoTherapies raised $9.2M on January 26, 2022.

Who to call at TandemAI, and when

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Company Information

Company

TandemAI

Location

New York, New York, United States

About

TandemAI is an advanced technology company dedicated to reinventing drug discovery infrastructure. The company integrates proprietary AI-driven, high-performance computation with its efficient, large-scale in-house wet lab operations to deliver a turnkey drug discovery solution. TandemAI has built its networked platform from the ground up in the U.S. and China to increase the speed of drug discovery and deliver cost-effective opportunities to its partners and to the global scientific community.

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TandemAI 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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