Variational AI raised $5.5 million in a Seed extension round led by Nimbus Synergies to launch its Enki™ foundation model for small molecule drug discovery.
Amount Raised
$5.5 Million
Round Type
Seed
VancouverBiotechnologyArtificial IntelligenceMachine LearningInvestors
Description
Variational AI announced the completion of its oversubscribed $5.5 million Seed extension round. The funding will help launch Enki™, an advanced foundation model aimed at enhancing small molecule drug discovery.
Quick answer
Variational AI raised $5.5 Million in a Seed round, dated February 20, 2025. Investors: Nepenthe Capital, Defined Capital, Nimbus Synergies, Merck Global Health Innovation Fund, Quimby Investments, Threshold Impact, Flying Fish and A&E Investment. Variational AI is based in Vancouver, British Columbia, Canada.
- How much did Variational AI raise?
- Variational AI raised $5.5 Million in a Seed round on February 20, 2025.
- Who invested in Variational AI?
- Nepenthe Capital, Defined Capital, Nimbus Synergies, Merck Global Health Innovation Fund, Quimby Investments, Threshold Impact, Flying Fish and A&E Investment are named as investors in this round.
- What does Variational AI do?
- Variational AI has developed Enki, the biopharma industry's first commercially-available foundation model for small molecules.
- Where is Variational AI based and how big is it?
- Variational AI is based in Vancouver, British Columbia, Canada. Fundz records about 23 employees.
- Who are the decision-makers at Variational AI?
- Fundz holds 1 contact at Variational AI. 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 Variational AI that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised $105M (Funding Round) on January 15, 2025.
- Isomorphic Labs raised $600M (Series A) on March 31, 2025.
- Lumonus raised $506K (Seed) on March 20, 2025.
- Prezent raised $20M (Funding Round) on March 19, 2025.
- brain.space raised $11M (Series A) on March 18, 2025.
- Elea raised $4.3M (Seed) on March 12, 2025.
Who to call at Variational AI, and when
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Related People
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